Shergill's remarks come just days after former Madhya Pradesh chief minister Shivraj Singh Chauhan took to social media to complain about broken seats on an Air India aircraft.
Tesla’s plans to enter the Indian market gain momentum following a meeting between CEO Elon Musk and PM Narendra Modi. The Indian government’s new policies, including reduced import duties, aim to attract EV manufacturers.
Microsoft employs over 20,000 professionals in India, over half of which work in Hyderabad. With the launch of the new building, Microsoft plans to hire another 4,800 employees, an official release said.
The Chevron Engineering and Innovation Excellence Center (ENGINE) in Bengaluru is not a back office but a center that will do works ranging from understanding geology for oil and gas production and carbon storage to developing digital twins for oil refineries and advanced process monitoring to improve supply reliability, said its India head Akshay Sahni.
The new bill set to be tabled in Parliament on Feb 13 expectedly has not made any changes to taxing cryptocurrencies as it will continue to attract a 30% tax on any income from the transfer of such assets without any deductions and exemptions.
Everyone's progress is linked to India's progress, Modi said in Paris, adding that India is soon to become the world's third largest economy, and with its "skilled young talent factory and innovation spirit," the country is "fast becoming a preferred global investment destination."
"I don't think it is something you would expect to see immediate results because both sides are crossing the river by feeling the stones," said India's Chief Economic Advisor V Anantha Nageswaran.
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