Tesla wins again as lawsuit challenging Autopilot claims is dismissed

Tesla wins again as lawsuit challenging Autopilot claims is dismissed

Source: The Verge Tesla and CEO Elon Musk scored another win Tuesday when a federal judge dismissed a lawsuit accusing them of defrauding shareholders over the safety and effectiveness of the company’s driver-assist technology. US District Judge Araceli Martinez-Olguin said that plaintiffs failed to prove that Musk acted with “deliberate recklessness” when he claimed that…

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Sebi permits mutual funds to invest in overseas funds with limit on exposure to Indian securities | Stock Market News

Sebi permits mutual funds to invest in overseas funds with limit on exposure to Indian securities | Stock Market News

Source: Live Mint The Securities and Exchange Board of India (Sebi) has permitted mutual funds (MFs) to invest in overseas mutual funds or unit trusts that invest a portion of their assets in Indian securities. Through this regulation, Sebi aims to ease investments in overseas mutual funds and bring transparency to investments. “In order to…

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