Ola Electric posts 107 pc growth in June EV 2-wheeler registrations
New Delhi, July 1 - Bhavish Aggarwal-led Ola Electric on Monday announced that it has posted a growth of 107 per cent (Year-on-Year) in June 2024 Electric Vehicle (EV) two-wheeler registrations as compared to the corresponding month in 2023.
India offers $500 bn investment opportunity in clean energy, time to tap skilled youth
New Delhi, July 1 - As India begins its ambitious journey towards achieving the target of net zero by 2070, the energy transition efforts in the country offer an immense $500 billion investment opportunity to businesses, billion, especially in the green energy value
India’s retail market attracts investors, funding for startups rose by 32 pc
New Delhi, July 1 - India's consumption story has been attracting investors. In the first half of 2024, retail startups in the country raised 32 per cent more funds as compared to the same period last year.
Hyundai Motor register decline, Kia logs growth in overall sales in June
New Delhi, July 1 - Automaker Hyundai Motor India has registered a decline of 1.22 per cent in overall auto sales in the month of June, while Kia India reported a growth of 9.8 per cent, the companies said on Monday.
Groww aims to debunk misinformation to over 1.5 crore customers amid concerns
New Delhi, July 1 - As multiple customers juggled to validate their Groww portfolio on mutual fund transfer agencies CAMS and Kfintech amid concerns, the financial services platform on Monday said some of the customers are not able to see all their investments
ONDC adds 300 sellers, 400 women entrepreneurs to its network
New Delhi, July 1 - The government-run Open Network for Digital Commerce (ONDC) on Monday announced empowering 300 sellers and 400 women entrepreneurs, by adding them to its e-commerce network.
Maruti Suzuki India, Tata Motors log sales growth in April-June quarter
Mumbai, July 1 - Maruti Suzuki India sold 179,228 units in June, compared to 159,418 units in the same month last year, it said on Monday.
Sensex jumps 443 points, IT stocks lead rally
Mumbai, July 1 - Indian stock indices closed in green on Monday following the rally in IT shares. At closing
Palace on Wheels as wedding destination, bookings to start from September
Jaipur, July 1 - After the Palace on Wheels, which is regarded as one of the most beautiful and luxurious trains in the world, offered destination weddings, the booking for the same will start in September.
CII, Nasscom join hands to digitally skill 1 lakh non-IT professionals in 2 years
New Delhi, July 1 - The Confederation of Indian Industry (CII) and Nassom on Monday joined hands to provide digital skills to youth in sectors other than IT, with an aim to reskill and upskill 1 lakh youth in the coming two years.
97.87 pc of ₹2000 banknotes have now been returned: RBI
Mumbai, July 1 - The Reserve Bank of India (RBI) on Monday said that 97.87 per cent of the ₹2000 banknotes that were in circulation as of May 19, 2023, when their withdrawal was announced, have now been returned.
Video telematics startup Cautio raises Rs 6.5 cr led by Antler, other investors
New Delhi, July 1 - Video telematics startup Cautio on Monday announced a pre-seed raise of Rs 6.5 crore led by Antler, 8i Ventures and AU Small Finance Bank.
Mobile phone exports: India gains with PLI scheme as China & Vietnam falter
New Delhi, July 1 - In a major boost to India’s production-linked incentive (PLI) scheme, mobile phone exports from the country gained much ground in FY24 as manufacturing giants like China and Vietnam fell behind.
Mahindra logs 11 pc growth in overall auto sales for June at 69,397 units
New Delhi, July 1 - Automaker Mahindra & Mahindra (M&M) on Monday announced that its overall auto sales for June stood at 69,397 vehicles, a growth of 11 per cent, including exports.
Indian Public Cloud services market to reach $24.2 billion by 2028: IDC
New Delhi, July 1 - The overall Indian Public Cloud Services (PCS) market is expected to reach $24.2 billion by 2028, growing at a compound annual growth rate (CAGR) of 23.8 per cent, a report showed on Monday.
SK Group chairman meets with CEOs of Amazon, Intel
Seoul, July 1 - SK Group Chairman Chey Tae-won has met with leaders of global tech giants, including Amazon and Intel, to discuss ways to broaden business cooperation in artificial intelligence (AI) semiconductors, his company said on Monday.
Samsung Heavy wins $1 billion order for 4 LNG carriers
Seoul, July 1 - South Korean shipbuilder Samsung Heavy Industries said on Monday it has won a 1.4 trillion-won ($1 billion) order to build four liquefied natural gas (LNG) carriers for a Middle Eastern shipper.
Health insurer Niva Bupa files draft papers for Rs 3,000 crore IPO
Mumbai, July 1 - Leading health insurer Niva Bupa on Monday filed its draft red herring prospectus (DRHP) with the markets regulator Securities Exchange Board of India (SEBI) to raise about Rs 3,000 crore ($360 million) via an initial public offering (IPO).
SK On firm to freeze annual pay of all executives until it turns to profit
Seoul, July 1 - SK On, the loss-making battery unit of South Korea's chip-to-construction conglomerate SK Group, said on Monday it will freeze the annual pay of all executive-level officials until it turns to profit, as part of its cost-cutting measures.
Exploration of regional resources key to build startup ecosystem in J&K: Dr Jitendra Singh
New Delhi, June 30 - Change of mindset and exploration of regional resources are the key to build a startup ecosystem in Jammu & Kashmir, Union Minister of State (Independent Charge) for Science and Technology Dr Jitendra Singh said on Sunday.