Elon Musk's father Errol Musk visits Ram Temple: 'One of the best things I've ever done'
Tech billionaire Elon Musk's father, Errol Musk, described visiting the Ram Temple in Ayodhya as one of 'best things' he has ever done. He visited the temple on Wednesday and called it a "wonderful" experience, reported PTI.
"It's wonderful, absolutely wonderful (Ayodhya visit). It's one of the best things I've ever done,' PTI quoted Errol as saying.
"I'm so glad I came to see it and can't wait till the temple gets completed, the big temple, it's going to be something like a wonder of the world," he added.
Apart from the Ram Temple, Errol also visited the nearby Hanumangarhi temple. Visiting the Taj Mahal was also on Errol's schedule initially, however, that might not be the case anymore due to the extreme heat in the region, the report added.
Errol Musk, who began his trip to India on June 1 will reportedly be in the country till June 6. While speaking with the reporters after his temple visits, Errol described his experience of being in India so far as 'wonderful' and also shared why he is here.
Errol Musk is the Global Advisor to Servotech Renewable Power System Ltd and is here to begin working with the India-based firm.
"My experience here in India has been wonderful. I'm here (in India) to begin working with Servotech and am looking forward to spending a lot of time in the country. The temples are marvellous and so are the people," he said.
Errol was accompanied by his daughter Alexandra Musk during his visit to Ayodhya, where he landed at around 2.30 pm on Wednesday amid tight security. He wore a traditional Indian attire - a kurta-pyjama - during his visit to the Ram Temple.
Errol's visit to India 'is squarely focused on accelerating India's burgeoning green technology and electric vehicle (EV) charging infrastructure development," said Servotech Renewable Power System Ltd.
With PTI inputs
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
The Hindu
23 minutes ago
- The Hindu
What next for ISL? FSDL proposes plan for future of Indian Super League to AIFF
The Football Sports Development Limited (FSDL) has presented a potential plan for organising India's premier division—the Indian Super League (ISL)—to the All India Football Federation (AIFF) even as their Master Rights Agreement (MRA) draws to an end this year. The MRA, signed in 2010 between the AIFF and FSDL (the body that runs the ISL), mandated that the latter would provide INR 50 crore annually to the federation in exchange for broadcast and management rights for Indian football, including the national teams. However, with the agreement ending in December 2025 and no renewal confirmed, the future of ISL and commercialisation of the national teams' coverage remain uncertain. With the Supreme Court of India deciding on the AIFF constitution on July 18, the negotiations on the league's future would be the next course of action. This is where the FSDL has come up with a potential plan for the league going forward. In a draft sent to the AIFF, which Sportstar has seen, it has suggested the setting up of a new holding company, named 'ISL NewCo JV', where the clubs will be the majority shareholders. This company will 'govern, operate, commercialise, and fund the ISL'. What will the new company do? 'ISL NewCo JV' will fund and manage all central costs of the league and additionally monetise all central assets and revenue streams for the league and the national teams. The equity of the company will be as follows: AIFF (14 per cent), ISL Participating Clubs (60 per cent, equal across all clubs) and FSDL (26 per cent). The FSDL will retain veto rights with respect to 'certain key matters.' However, one of the most significant mandates in the proposal is a 10-year moratorium on Promotion/Relegation from ISL to lower tiers. Rules of promotion/relegation in the draft At least a 10-year moratorium on Promotion/Relegation from ISL to lower tiers, and not until complete alignment of lower tiers as per the new roadmap, pre-agreed between parties. No club to get promoted to ISL unless it (i) meets strict financial and licensing criteria and (ii) has been in existence for at least five years under the same ownership that meets fitness test. 'ISL shall be limited to the current number of teams for at least five years,' the draft further mentions, adding, 'No Expansion through Promotion from Lower Tiers, unless explicitly voted for by all stakeholders.' The draft places the AIFF in a tight spot. Though promotion and relegation are not mandatory terms for a top-flight league in Asia, the Asian Football Confederation strongly recommends its implementation. The Federation's Executive Committee had agreed to implement the promotion-relegation model from the 2024-25 season, according to recommendations from the AFC. Accordingly, Punjab FC and Mohammedan Sporting became the first two teams to be promoted to the ISL. READ: Meet Nathan Lobo, an Overseas Citizen of India, playing in FIFA Club World Cup 2025 However, accepting the draft would force the AIFF to abandon this pathway, going against its prior commitment to the AFC. Moreover, the current I-League champion, which could either be Churchill Brothers or Inter Kashi, depending on the Court of Arbitration of Sport's judgement, could also miss out on a promotional spot. What happens to the current agreement? The draft proposes that the current MRA, which runs down in December, will be declared defunct. Instead, the AIFF, which was getting INR 50 crore annually as per the previous deal, will now fund losses or collect dividends in proportion to their equity, also earning revenue from the future expansion of the league. The AIFF will retain complete revenue from non-ISL competitions and non-national team competitions. Moreover, the Federation will have to recognise that the new company— ISL NewCo JV —is the rights holder for India's top national league and national team matches. The draft further proposes that the structure will comply with the AIFF's new draft Constitution, which requires the body to play a direct role in the governance of the top national leagues.' The draft has cited examples from top leagues in Asia and around the world, such as the Premier League (England), La Liga (Spain), and J-League (Japan), to show how independent private bodies have run successful domestic leagues.
Time of India
27 minutes ago
- Time of India
Tesla set to open India showrooms in July with Made-in-China EVs
Tesla Inc. is set to open its first showrooms in India in July, people familiar with the discussions said, kicking off formal operations in the world's third-biggest automobile market as the Elon Musk-led firm hunts for growth amid falling sales in Europe and China. The electric vehicle giant's first set of cars have arrived in the country — Model Y rear-wheel drive SUVs shipped from Tesla 's China factory, according to the people, who asked not to be identified as the information is private, as well as documents seen by Bloomberg News. The Model Y is the world's largest selling electric car. Tesla is set to open its first showroom in Mumbai as early as mid July, which will be followed by one in New Delhi, according to the people. It has also imported Supercharger components, car accessories, merchandise and spares from the US, China and the Netherlands, the documents show. The debut will end a years-long on-again, off-again saga over Tesla's entry into India - a market Musk has long eyed but held back from entering due to disagreements over tariffs and local manufacturing. The breakthrough in bringing Tesla to India comes after Musk met Indian Prime Minister Narendra Modi in the US in February. Bloomberg News reported in February that Tesla was set to ship a few thousand cars to a port near Mumbai. Tesla spokespersons did not immediately respond to an email seeking comment on opening of the India showrooms and the preparations underway. Premium Price Five Model Y vehicles have already arrived in Mumbai from Tesla's Shanghai factory, according to documents reviewed by Bloomberg News. The cars were declared at 2.77 million rupees ($31,988) and attracted more than 2.1 million rupees in import duties — a levy that's consistent with India's 70% tariff on fully-built imported cars under $40,000 plus surcharges, the documents show. The model is expected to go on sale for more than $56,000 before taxes and insurance, though Tesla will determine the final sticker price based on its margin and positioning strategy, according to people familiar with the plans. That compares with an ex-showroom price of $44,990 for the same model in the US, which sells for $37,490 once tax credits are applied. The premium price tag will likely be a major hurdle to Tesla's plans as the automaker will need to convince value-driven consumers to open their wallets. EVs account for just over 5% of new passenger vehicle sales in India, but premium cars still represent less than 2% of the market, data with Indian government's vehicle registration portal show. Beefing Up The company hasn't appointed a new country head following the departure of Prashanth Menon, but is beefing up hiring across charging, retail and policy teams, according to people familiar with the matter. The Model Y imports represent an initial foray into the market and Tesla plans to expand its presence, including offering more models. It's leasing warehouse space in Karnataka, in India's south, and is adding more in Gurugram, outside New Delhi, the people said. Tesla executives from other countries are making weekly visits, the people said, to the Mumbai and New Delhi showrooms, which are in high-profile, luxury business precincts in an effort to attract affluent shoppers.
Time of India
28 minutes ago
- Time of India
Digital push: India Post Payments Bank bags FinMin's 2024‑25 Digital Payments Award; tops DFS index among payments banks
India Post Payments Bank (IPPB) has won the Union Finance Ministry's Digital Payments Award 2024‑25 for its role in widening access to cash‑lite transactions and driving financial inclusion across the country. The trophy was presented in Delhi by Finance Minister Nirmala Sitharaman and MoS (Finance) Pankaj Chaudhary to IPPB MD & CEO R Viswesvaran and CGM G Rai Bansal. The recognition comes on the back of IPPB finishing No. 1 among all payments banks on the Department of Financial Services (DFS) performance index for FY 24‑25, after receiving a 'special mention' last year, a government release said. Launched in 2018 as a 100 per cent government‑owned arm of the Department of Posts, IPPB delivers paperless, cashless and presence‑less banking through nearly 2 lakh postmen and Gramin Dak Sevaks using smartphone‑biometric kits. Its network covers about 1.65 lakh post offices (of which 1.4 lakh are rural) and serves 11 crore customers in 5.6 lakh villages and towns. 'This award is a testimony to IPPB's relentless efforts in making digital financial services accessible, inclusive and trusted,' Viswesvaran said, adding that the bank will 'remain committed to empowering every Indian citizen through innovative and secure digital solutions.' The DFS honour reinforces the bank's mandate to bridge India's urban‑rural divide in banking and support the Centre's vision of a less‑cash, digitally empowered economy, the statement added. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
