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The MoU included land and buildings; vehicle manufacturing plant; machinery and equipment; and besides transfer of all eligible employees of Ford India's Sanand's vehicle manufacturing operations

Tata Motors inks MoU with Ford India, Gujarat govt to acquire Sanand plant

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Tata Motors arm to acquire Ford India's Sanand plant in Gujarat, signs MoU On Monday a tripartite Memorandum of Understanding (MoU) has been signed between...
This is the latest slew of layoffs at Ford as the car manufacturer restructures its business to transition toward the manufacturing electric vehicles

Ford to lay off 3,000 employees in India, US and Canada to slash costs

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Layoffs in Ford are effective from Sept 1 The US-based car maker Ford Motor has reportedly confirmed that it is laying off roughly 3,000 employees...
UAW invited Biden to join the picket line in union's strike against 3 Detroit automakers, thus putting the White House on spot in an escalating dispute

US President Biden to join picket line with striking auto workers in Michigan

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President Biden to join UAW picket line in Michigan, a day before Trump On Tuesday, US President Joe Biden will travel to Michigan to show...
The project will help in establishing a lithium-ion cell manufacturing ecosystem in the state

Tata Group, Gujarat government sign Rs.13,000-crore deal for EV battery plant

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Tata to build Rs.13,000 cr lithium-ion gigafactory in Sanand, Gujarat Tata Group and the Gujarat government have signed an outline deal for building a lithium-ion...
Musk had said that the political attacks on him will escalate dramatically in the coming months

Elon Musk criticizes Joe Biden; says will vote for Republican party in mid-term election

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Democrats attacking me and sidelining Tesla, SpaceX: Elon Musk Elon Musk on Tuesday once again criticized US President Joe Biden, saying that he will vote...
More than 100 companies sign letter opposing Election integrity laws, US Army Prepares for possible Global Land Conflict with China on Taiwan, India plans to tackle COVID & more

EP 142: More than 100 companies sign letter opposing Election integrity laws & more

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Sree Iyer: Namaskar, good morning. Welcome to Episode 142 of Daily Global Insights with Sri and Sree. Today is Thursday, April 15, 2021, and...
British exit from EU has implications for the strong US Dollar

If the British exit EU, will that hurt the Dollar?

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Traders desiring to know what November’s United States (US) presidential election will mean for the dollar need look no further than the British. The British...
As technology dominates education, initiatives like Pencil to Power remind us why handwriting remains a critical tool for learning, expression, and cognitive development

Restoring handwriting from extinction: Pencil to Power

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Why handwriting still matters in the digital age In the age of keyboards, touchscreens, and instant messaging, handwriting is quietly fading into extinction. The art...
Ford made it clear that Ontario will not back down until Trump removes the tariffs

Ontario imposes 25% hike on US electricity exports amid Trump trade war

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Ontario raises electricity prices for US Consumers Ontario Premier Doug Ford has announced a 25% increase in electricity tariffs for 1.5 million American homes and...
Trump’s new tariff strategy is expected to reshape US trade relations, potentially leading to negotiations or retaliatory measures from impacted nations

Trump announces 25% tariffs on steel and aluminium imports, plans reciprocal tariffs

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US to impose new trade tariffs on metal imports In a major escalation of his trade policy, US President Donald Trump announced that starting Monday,...

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