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Friday, March 24, 2023
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Joby Aviation names former FAA administrator as director

Reuters -
WASHINGTON (Reuters) - Joby Aviation, which is developing electrical aircraft to operate as air taxis, on Friday named former Federal Aviation Administration (FAA) head Michael Huerta to its board of
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Musk denies report on SpaceX’s plans for new funding from Saudi, UAE

Reuters -
(Reuters) - Elon Musk, the billionaire founder of SpaceX, on Friday denied a media report from earlier this week that said investors from Saudi Arabia and the United Arab Emirates were planning to
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S.Korea’s LGES revives Arizona battery factory with $5.6 billion investment

Reuters -
By Heekyong Yang and Hyunsu Yim SEOUL (Reuters) -South Korea's LG Energy Solution Ltd (LGES) said on Friday it would resume a stalled U.S. battery project with a $5.6 billion investment in Arizona to
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Smiths Group gets growth boost from decarbonisation drive

Reuters -
By Sarah Young LONDON (Reuters) -British industrial technology company Smiths Group has upgraded its annual forecasts after a 27% increase in first-half profit as demand for its products soars on
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China’s CATL to start mass output of M3P batteries this year

Reuters -
SHANGHAI (Reuters) -Chinese battery giant CATL plans this year to start mass production and delivery of batteries based on a new materials technology, M3P, which will perform better and cost less than
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China’s CATL to start mass production, delivery of M3P batteries this year

Reuters -
SHANGHAI (Reuters) - Chinese battery giant CATL plans to start mass production and delivery of batteries based on a new materials technology, M3P, which will perform better but cost less than nickel
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Hong Kong makes new rules for specialist tech firm listings, cuts rev threshold

Reuters -
(Reuters) - The Hong Kong Stock Exchange (HKEX) said on Friday it had framed new listing rules for specialist technology companies, adopting a lower revenue threshold for these firms set out in
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Smiths Group upgrades forecasts after first-half profit jumps

Reuters -
LONDON (Reuters) - British industrial technology company Smiths Group upgraded its annual forecasts after first-half profit climbed 27% boosted by strong demand for its products from customers in the
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South Korea’s LGES revives Arizona battery factory plan with $5.6 billion investment

Reuters -
SEOUL (Reuters) - South Korea's LG Energy Solution Ltd (LGES) said on Friday it would invest 7.2 trillion won ($5.58 billion) to build a battery factory in Arizona, reviving a project paused last year
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South Korea’s LGES to resume Arizona battery factory plan with $5.6 billion investment

Reuters -
SEOUL (Reuters) - South Korea's LG Energy Solution Ltd (LGES) said on Friday it would invest 7.2 trillion won ($5.58 billion) to build a battery factory in Arizona, reviving a project paused last year
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Opinion

File photo of Prime Minister Narendra Modi and President of France Emmanuel Macron | ANI Photo

India-France space alliance key to Delhi’s ambitions. But it must deepen...

Swasti Rao -
The IAF's revised doctrine aims to transition India from an air power to an aerospace power. But can India do it by itself in time and cost-effectively?
File photo of a madrasa in Uttar Pradesh | PTI

Muslim intellectuals defend madrasas, but their kids don’t go there. Only...

Representational image | PTI

Lower, lowered, Shudra or OBC caste—What to call more than half...

Economy

Finance minister Nirmala Sitharaman tabling Finance Bill 2023 in the Lok Sabha Friday | Photo: PTI

Finance Bill 2023 amendment removes long-term capital gain benefit for debt...

TCA Sharad Raghavan -
Tax analysts and mutual fund industry participants say this will hamper growth of bond market, and potentially curtail avenues for fund-raising by companies.

Defence

Indian Army and Air force jawans part of Vayu Prahar exercise | Photo: Twitter/@PBNS_India

With joint ‘Vayu Prahar’ exercise in eastern sector, Army & Air...

Suchet Vir Singh -
Conducted in '2nd week of March', the joint exercise included air-land operations in a nominated advance landing ground & 'contingency tasks' in challenging high-altitude terrain.

National Interest

Illustration: Soham Sen | ThePrint

You’ve heard of jobless growth. But Tata, Birla, Ambani, Adani, have...

Shekhar Gupta -
Modi govt's thrust on manufacturing is much-needed but it is pushing Indian manufacturing in the direction of outsourcing, same as our services industry.

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