The Indian automobile industry is seeking government intervention to expedite Chinese approvals for rare earth magnet imports, crucial for electric vehicles and car components. Restrictions imposed by China on rare earth element exports are causing supply chain disruptions. Automakers are exploring alternatives, but immediate solutions are limited, potentially leading to production delays and increased costs.
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JPMorgan Chase CEO Jamie Dimon has advised managers to prioritize a positive workplace culture by firing employees and even customers who exhibit toxic behavior. Dimon emphasized that removing disruptive individuals, regardless of their contributions, is crucial for fostering a respectful and effective environment. He also mentioned his retirement is still several years away.
Speculations surrounding the AI 171 crash intensify, with a focus on potential electrical system failure in the Boeing 787, which uses electrical systems instead of conventional ones. Pilots are exploring if this contributed after a possible engine failure. While dual engine failures are rare, the 787's reliance on electrical systems prompts scrutiny.
South Africa defeated Australia in the World Test Championship final at Lord's, ending Australia's decade-long unbeaten streak in ICC tournament finals. This defeat marks only Australia's fourth loss in 14 global finals over 50 years.
Sonam Raghuvanshi's father claims her innocence after she was arrested for allegedly hiring people to kill her husband during their honeymoon in Meghalaya. He accuses the Meghalaya Police of fabricating the story and plans to request a CBI inquiry.
Cricketer Rinku Singh and MP Priya Saroj celebrated their engagement on June 8 at a luxury hotel in Lucknow, marking a union of sports and politics. The private, star-studded event hosted over 300 guests, including prominent figures from both the cricketing and political arenas. Priya Saroj, a 25-year-old MP, represents Machhlishahr in Uttar Pradesh.
Infosys has launched a cash reward program for senior staff involved in lateral recruitment interviews, aiming to boost employee engagement and attract top talent. The initiative, effective retroactively from January 1, offers financial incentives for conducting interviews, excluding HR and senior leadership.
Amidst growing protests against immigration raids, President Trump deployed federal forces to Los Angeles, raising concerns about authoritarian overreach. California officials condemned the move as a provocation, while incidents of violence and the treatment of journalists sparked international criticism. The crackdown on undocumented workers, targeting specific locations, has ignited fear and outrage within immigrant communities and drawn sharp political divisions.
SpaceX has postponed the Axiom-4 mission launch to the International Space Station due to a Liquid Oxygen (LOx) leak discovered during post-static fire booster inspections. The launch, which was scheduled for Wednesday at 5:30 pm IST, was delayed to allow SpaceX teams time for repairs. A new launch date will be announced pending the completion of repairs and range availability.
Veteran actor Govind Namdev has finally addressed the dating rumours swirling around him and actress Shivangi Verma after a photograph of the two together went viral. In an exclusive conversation with ETimes, the 70-year-old actor set the record straight, revealing that the photo in question was part of a professional publicity strategy for their upcoming film Gaurishankar Goharganj Wale.
Milan Kovac, Tesla's Optimus robot project head, has resigned to spend more time with family abroad after nine years with the company. This transition occurs as Tesla intensifies its focus on autonomous technology and robotics. Ashok Elluswamy, currently leading Tesla’s Autopilot team, will assume Kovac’s responsibilities amidst challenges like rare-earth magnet export restrictions.