News

Legendary investor Warren Buffett criticized corporate culture for its aversion to admitting mistakes, emphasizing the importance of transparency and learning from errors for long-term success. He praised Amazon for its "brutally candid" approach to discussing missteps, contrasting it with the "happy talk" prevalent in many companies.

A Reddit post has sparked a discussion about the parallels between stock market manipulation and the real estate industry's questionable tactics, particularly in Bangalore. The post calls for a SEBI-like regulatory body for the housing sector, citing concerns about pre-launch project hype, insider trading, and artificial scarcity tactics employed by developers and agents.

DMK candidate Anniyur Siva is leading by a comfortable margin in the Vikravandi assembly bypoll, with a lead of 39,435 votes over his closest rival, PMK's C Anbumani, as of 1:00 pm. This bypoll, necessitated by the death of the previous MLA, serves as a litmus test for the ruling DMK, which has faced criticism over recent law-and-order issues.

Commerce and Industry Minister Piyush Goyal will meet export promotion councils to address trade concerns, including tensions with the US over reciprocal tariffs and a proposed bilateral trade agreement. Negotiations between India and the US are ongoing, aiming to deepen bilateral trade and achieve $500 billion by 2030.

Tesla, led by tech billionaire Elon Musk, is aggressively expanding its presence in India, with 20 open positions across Maharashtra and a new showroom in Mumbai's prestigious Bandra Kurla Complex. This significant hiring push and strategic location selection highlight the company's commitment to capturing a significant share of the rapidly growing electric vehicle market in India.