EducateKaro – Handpicked Tech & Startup News: Summarized for You
Handpicked Tech & Startup News: Summarized for You
Finance Minister Nirmala Sitharaman announced zero import duties on key EV and mobile battery components to boost local manufacturing. The Finance Bill 2025 also abolishes the 6% digital ad tax, rationalizes customs tariffs, and provides tax relief for salaried individuals. A new Income Tax Bill will be discussed in the next session.
Read more on TheHindu
Tesla is recalling 46,000 Cybertrucks due to a steel trim panel near the windshield that can detach while driving, posing a safety risk. The issue stems from faulty adhesive, and Tesla will fix it for free. This marks the Cybertruck’s eighth recall, highlighting ongoing quality concerns despite its strong sales in the EV truck market.
Read more on TechCrunch
Ola Electric is slashing over 1,000 jobs to tackle soaring losses, hitting Rs 562 crore last quarter—up from Rs 374 crore a year ago. It’s the second layoffs round after 500 cuts in November. Facing Bajaj Auto’s competition, Ola’s automating, restructuring, and using its 4,000 stores for inventory to boost margins and reclaim its EV edge.
Read more on YourStory
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