Tesla, led by Elon Musk, plans to send a team to India this month to assess locations for a proposed $2-$3 billion electric car manufacturing facility. This move follows India's reduction of import taxes on certain electric vehicles, contingent on local production commitments. Amidst slowing EV demand globally, Tesla aims to tap into the Indian market, potentially focusing on states like Maharashtra, Gujarat, and Tamil Nadu. The company's long-awaited entry into India could stimulate further investments in the EV sector and benefit local auto parts manufacturers, analysts suggest.        

Vistara anticipates returning to regular flight operations by the weekend after addressing pilot concerns in a virtual town hall. Pilots express fatigue and health issues due to overburdening amid crew shortages. While almost all pilots accept the new contract, they highlight concerns over flying at maximum limits and inadequate sick leave. The airline acknowledges inconvenience caused to passengers and pledges to minimize disruptions. Pilots protest revised salary structures ahead of the Air India merger, citing reduced benefits. Vistara assures steps to improve rostering and growth prospects post-merger.

Amid ongoing protests over pay revision, at least 15 senior first officers have resigned from Vistara. The Tata Group-owned airline, currently merging with Air India, introduced new contracts aligning pilot pay with Air India's standards, sparking discontent. Crew shortages led to significant flight cancellations, prompting DGCA's directive for daily reports on disruptions. Vistara faces disruptions with 60-70 flights affected daily, mainly due to crew unavailability. The airline, operating over 300 daily flights, admitted to numerous disruptions and announced measures to mitigate them, including a temporary reduction in flight operations and deployment of larger aircraft.

Zee Entertainment has downsized its Technology & Innovation Centre in Bengaluru by approximately 50%, following recommendations to curb expenses. CEO Punit Goenka made the decision, aligning with a review panel's advice to mitigate losses, particularly in English-language TV channels. The committee proposed significant cost reductions, aiming to meet profit targets amid legal battles and heightened competition post Disney-Reliance merger. Zee aims to halve costs at the tech center, previously at 6 billion rupees annually. The move reflects industry adjustments amid evolving market dynamics in India's media landscape.

In India, Mr. Salunke carries on the family tradition, melting scrap gold from jewellers in Kochi and Tiruchirappalli. His refineries process 2-3 kilograms daily, serving local jewellers who value speed and cash transactions. This informal sector, known as the "unorganised" refining industry, is integral to India's gold market. With households hoarding an estimated 25,000 tonnes of gold, small refiners like Mr. Salunke provide a vital outlet, especially during economic hardships when people need to sell assets. Their quick turnaround and accessibility make them preferred partners for jewellers seeking to recycle gold efficiently.

Reliance Industries has acquired a significant 26% share in Adani Power's project in Madhya Pradesh. This marks the first-ever collaboration between the two corporate giants. Reliance will utilize 500 MW of electricity from the project for its own needs. The agreement, signed between Mukesh Ambani's Reliance and Gautam Adani's Adani Power, signals a departure from their perceived rivalry. The investment underscores the growing synergy in India's business landscape, with both companies emphasizing clean energy initiatives. The transaction is subject to standard approvals and is expected to finalize within two weeks.

Former RBI Governor Raghuram Rajan cautioned against India's tendency to believe exaggerated claims of economic growth, highlighting structural issues and the need for workforce education. Rajan emphasized the danger of succumbing to political narratives, urging a focus on improving education and job creation to harness the potential of India's young population. Criticizing misplaced priorities, he called for sustainable growth efforts over high-profile projects, citing concerns over education budget allocation compared to chip manufacturing subsidies. Rajan's remarks underscored the importance of addressing foundational issues for long-term economic prosperity amidst global interest in India's growth trajectory.            

Boeing CEO Dave Calhoun will step down by year-end amidst a safety crisis triggered by a mid-air panel blowout incident. Stan Deal, Boeing Commercial Airplanes President, will retire, and Stephanie Pope will assume leadership. Steve Mollenkopf is appointed as the new board chair. The company faces regulatory scrutiny after an Alaska Airlines flight incident. US airline CEOs expressed frustration, seeking meetings with Boeing directors. Talks of acquiring former subsidiary Spirit AeroSystems are underway.

India's aviation market offers "incredibly affordable" airfares, says Akasa Air CEO Vinay Dube. The airline aims to be a top 30 global carrier by 2030 and plans to go public. Dube emphasizes fundamentals over marketing gimmicks as the airline prepares for its inaugural international flight from Mumbai to Doha on March 28. With a fleet of 24 planes and a 4.5% domestic market share, Akasa Air sees ample room for growth in India's aviation sector. Dube assures no pilot shortages and pledges to maintain reliability amidst upcoming regulatory changes.

The 'Taste of India', Amul, debuts fresh milk in the US, marking its international venture. Partnering with Michigan Milk Producers Association, Amul aims to cater to the Indian diaspora's taste. The range includes Amul Gold, Shakti, Taaza, and Slim n Trim, available in Indian grocery stores across the East Coast and Midwest. Future plans include introducing curd, buttermilk, and paneer to meet growing demand. Amul also plans mass media campaigns, including airing iconic TV commercials, to strengthen its global presence and evoke nostalgia among the diaspora for Indian dairy products.