Tesla plans to spend more than $500 million to expand its electric-vehicle charging network this year, Chief Executive Elon Musk said, days after the carmaker laid off much of the team responsible for creating the largest such network in the U.S. Tesla plans to spend more than $500 million to expand its electric-vehicle charging network this year, Chief Executive Elon Musk said.
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To enhance operational efficiency and reduce the risk to clients' securities, markets regulator Sebi on Thursday proposed making the process of direct payout of such securities to the client's account mandatory. Currently, the clearing corporation credits the pay-out of securities in the pool account of the broker, who then credits the same to the respective client's demat accounts.
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Mumbai: Nexus Select Trust, a retail real estate investment trust (REIT) backed by Blackstone, said it was open to acquiring more top-tier malls in India after announcing plans to buy three grade-A malls in Hyderabad for ₹1,000 crore. The three malls will be acquired from Larsen and Toubro (L&T), a person aware of the development told Mint.
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