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...Modi pushed Musk to invest in India when the two met during a visit to the US by the prime minister last year....
...The latest push to source batteries outside China aligns with the Narendra Modi government’s “Make in India” manufacturing drive, extending incentives to companies willing to invest in mobile phones, batteries...
...Modi’s BJP is currently widely expected to win a third term in government in next year’s national poll, currently scheduled to be held in April and May....
...Narendra Modi’s government is trying to promote manufacturing, which still plays a modest role in India’s service-heavy economy, under a “Make in India” push....
...Cook personally visited and met with Prime Minister Narendra Modi in 2015, reportedly lobbying to open an Apple Store in the country....
...Indian Prime Minister Narendra Modi met with Musk in New York last June and commerce minister Piyush Goyal visited a Tesla plant in California this past November, as Modi’s government is working to bolster...
...Also, in 2018, Nirav Modi — no relation of the prime minister — fled India after being accused of defrauding one of India’s state-backed lenders. Both men saw their empires collapse under Modi....
...The newly formed alliance of opposition parties immediately accused the government of spying, an allegation rejected by Prime Minister Narendra Modi’s ruling Bharatiya Janata party....
...Prime minister Narendra Modi’s government has pushed a “Make in India” policy and encouraged homegrown alternatives over foreign companies....
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...In June, Prime Minister Narendra Modi met Musk in New York during a state visit to the US and asked him to consider India as a manufacturing base....
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...Beyond the Adani affair, the outlook for India Inc is positive....
...Chief executive Tim Cook met with Prime Minister Narendra Modi in April as it opened the company’s first two Apple stores in the country....
...Claims from Hindenburg Research, a New York-based short seller, that Adani has engaged in stock manipulation and accounting fraud are a defining test for India Inc....
...Asked in a television interview this month by India Today’s Rajat Sharma about his rapport with Modi, he said that one “cannot take personal help from Modi ji”, using an honorific for the prime minister....
...Jeweller Nirav Modi is also fighting extradition from London to India, where he is wanted over charges of an alleged $2bn fraud that rocked state-owned Punjab National Bank....
...The code’s passage was forced by a series of spectacular corporate implosions, including the cases of diamantaire Nirav Modi and Kingfisher beer baron Vijay Mallya in the 2010s....
...Meanwhile, George Soros has predicted India’s prime minister Narendra Modi will be weakened by the woes of business tycoon Adani, his close ally, “opening the door” to a democratic revival in the country...
...Lex) Hedge fund Element to slim down after $1bn hit in rally (FT) Microsoft to defend Activision deal at EU hearing on Feb. 21 (Reuters) BBC offices in India searched by tax authorities after Narendra Modi...
...Vivek Wadhwa, a Silicon Valley-based entrepreneur and academic who last month met with government officials including Prime Minister Narendra Modi, said the central government is encouraging businesses to...
...Modi’s government has been trying to build up high-tech manufacturing in a bid to bolster local industry, create jobs, and attract foreign companies....
...“This isn’t just about Tim Cook’s legacy — this is about Prime Minister Narendra Modi’s legacy,” Ram says....
...A version of this article was first published by Nikkei Asia on July 19. ©2022 Nikkei Inc. All rights reserved....
...The government of Prime Minister Narendra Modi is particularly keen to curb the country’s reliance on its neighbour and sometime rival China, and has previously said it plans to allocate around $10bn to...
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