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Maruti Suzuki Eyes Alternatives Amid Rare Earth Magnets Shortage

Rare earth magnets, vital for modern automotive components, are now at the center of a global supply concern—prompting leading Indian carmaker Maruti Suzuki to explore multiple solutions to maintain seamless production. As China tightens its grip on rare earth exports, industries worldwide are recalibrating their strategies to mitigate disruptions.

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Tesla Skips India Manufacturing, Focuses on Imports: Minister

Tesla’s plans for India appear to have hit a pause again. Despite hopes of a local footprint, the electric vehicle (EV) giant is not interested in Tesla India manufacturing, said Union Minister of Heavy Industries, H.D. Kumaraswamy, on Monday. Instead, Tesla is focusing on importing its EVs and opening showrooms to sell them directly in the Indian market.

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Google Antitrust Case India Smart TV: What the Settlement Means for Consumers

In a major development for India’s digital ecosystem, the Google antitrust case India smart TV market dispute has reached a settlement. The Competition Commission of India (CCI), the country’s antitrust watchdog, has formally approved a resolution with Google following allegations of unfair practices in the Android smart TV sector. As part of the deal, Google has agreed to modify its licensing approach and pay a penalty of ₹202.4 million.

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Trump Plans Big Tariff on Pharma Imports; Indian Drugmakers May Be Hit

Donald Trump announced a forthcoming “major” tariff on pharmaceutical imports, aiming to incentivize drug companies to relocate operations to the U.S. He also stated he warned Taiwan Semiconductor Manufacturing Company (TSMC) about potential taxes if they didn’t establish U.S. plants. Trump criticized the Biden administration’s $6.6 billion grant to TSMC’s U.S.

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