Richard Branson is Now Interested in Indian Transportation. 4 Things to Know Today
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1. Karnataka poll results are out today with BJP set for an impressive win in a State that was one of the few strongholds left for Opposition Party Congress. 35 million votes were cast in Karnataka. Markets cheered the sweep with Sensex jumping over 400 points.
2. Virgin Hyperloop One backed by the British business tycoon Richard Branson, wants to build a network of high-speed pods that can carry people and cargo across India. If Branson has his way in India, the futuristic travel may cost less than $150 and could turn out to be cheaper than a flight ticket.
3. US car major Ford India has introduced two new variants of its compact SUV EcoSport to battle competition with the launch of Tata's Nexon
4. In news last night, a Cabinet rejig by the ruling Bharatiya Janata Party was announced. Power Minister Piyush Goyal has been handed over additional charge for Ministry of Finance till current Finance Minister Arun Jaitley fully covers from ill-health. Smriti Irani was moved from the prestigious information & broadcasting ministry, the charge is now with Sports Minister Rajyavardhan Singh Rathore.
Here's the "news that entrepreneurs can use". Know what's trending in the Indian business world in 60 seconds.