An Indian battery manufacturer is facing a legal challenge from Tesla, the automotive company created by Elon Musk. Tesla's lawsuit alleges that the battery maker has infringed upon Tesla's trademark by utilizing the name "Tesla Power" in the promotion of its products. In response, Tesla is pursuing compensation and a permanent court order in New Delhi. Recently disclosed court documents, as cited by Reuters, unveiled that despite a cease-and-desist notification issued in April 2022, the Indian company persisted in marketing its merchandise under the "Tesla Power" label. During the legal proceedings, Tesla Power India Pvt Ltd clarified that its core focus is the manufacturing of lead acid batteries, with no intentions of entering the electric vehicle production sector. The court record...

Announced by the Ministry of Industry, Trade and Investment, the Federal Government revealed that only one million applicants out of 3.6 million will benefit from the Presidential Conditional Grant Scheme. Initiated on March 9, 2024, the scheme offers N50,000 financial grants to eligible small business owners across various sectors like trading, food services, ICT, transportation, creatives, and artisans in the 774 local government areas nationwide. The scheme aims to assist 70% women and youths, 10% individuals with disabilities, and 5% senior citizens, with the remaining 15% allocated to other demographic groups. According to the ministry's Frequently Asked Questions and Answers section on its website, the disbursements are made based on the order of application verificat...