Vehicle financing for electric mobility remains a challenge in India, revealing options to adjust costs and bring EVs closer to cost parity with internal combustion engine models, according to a CII report released on Monday. It is essential to Developed in partnership with OMI, this report is part of a series of reports on the …
Financing remains a challenge for electric mobility in India: CII Report Read More »
After HDFC Bank reported stable earnings for the April-June quarter on July 17, the brokerage announced positive growth prospects for the bank. Shares of HDFC Bank also reacted positively to the optimistic growth outlook, trading at Rs 1,697.55 on the National Stock Exchange as of 9:18 am, up 1.1% from the previous close. The company …
Brokerages bullish on HDFC Bank post steady Q1 earnings Read More »
SoftBank has sold another 2 percent stake in Paytm`s parent One97 Communications Ltd, its biggest listed investment in India, over the past month via open market operations, generating about $300 million, in another instance of the Japanese investor monetising its bets in the country, its third-largest investment destination amid a funding drought. SoftBank has been …
SoftBank offloads another 2% stake in Paytm for $250-300 million Read More »
The 72-year-old minister is a Villupuram district MLA for the Tirukkoyilur Assembly seat. In connection with a money laundering investigation, the Enforcement Directorate conducted raids at the homes of DMK leader and Tamil Nadu Higher Education Minister K Ponmudy and his MP son Gautham Sigamani on Monday, according to official sources. The father-son team’s offices …
ED raids Tamil Nadu minister Ponmudi’s residences in Chennai and Viluppuram Read More »
A fire broke out in a coach of Vande Bharat Express train going from Bhopal to Delhi’s Hazrat Nizamuddin Terminal at Kurwai Kethora railway station. A fire broke out in a coach of Vande Bharat Express train going from Bhopal to Delhi’s Hazrat Nizamuddin Terminal at Kurwai Kethora railway station in Madhya Pradesh earlier on …
Fire in Bhopal-Delhi Vande Bharat Express coach in Madhya Pradesh, 22 passengers onboard Read More »
Sharad Pawar will skip the mega Opposition meeting on Monday in Bengaluru, but will attend the meeting on July 18, party spokesperson confirmed. Nationalist Congress Party (NCP) veteran Sharad Pawar will skip the mega Opposition meeting on Monday in Bengaluru, but will attend the meeting on Tuesday, July 18, party spokesperson Mahesh Bharet Tapase confirmed. …
NCP’s Sharad Pawar to skip Opposition’s meet in Bengaluru on Day 1, to attend tomorrow Read More »
Just Dial Ltd reported a profit of Rs.83.4 million for the quarter ended June 2024, compared with a loss of Rs.48.4 million in the same period last year, on the back of strong operating results and strong sales. Just Dial Ltd’s share price rose 3% to Rs 858.55 as of 9:20am on 13th July after …
Shares of Just Dial Ltd gains 3% post Q1 results Read More »
Avenue Supermart shares fell 1% in early trading on July 17 after the company reported a 140-basis-point decline in its EBITDA margin for the June quarter. The EBITDA margin for the April-June quarter was 8.9%, down 140 basis points from a year ago, the company said. Neville Noronha, Chief Executive Officer and Managing Director of …
DMart shares open 1% lower after margins fall in Q1 Read More »
French aerospace group and aircraft manufacturer Dassault Aviation announced today that the Indian government has selected the naval version of the Rafale fighter to equip the Indian Navy with its latest generation fighter. On July 13, the Ministry of Defense approved the purchase of 26 Rafale fighters from France. The documents released after the meeting …
India selects naval version of Rafale: Dassault Aviation Read More »
The Maharashtra government announced a long-awaited cabinet expansion on July 14, appointing Ajit Pawar of the National Congress Party (NCP) as finance minister. Five other members of the NCP Group, including Food and Civil Demand Minister Chagan Bhujbar, Women and Child Development Minister Aditi Tatkare, Agriculture Minister Dhananjay Munde and Cooperation Minister Dilip Walth Patil, …
Maharashtra cabinet expansion: Ajit Pawar takes reins of Finance Ministry Read More »
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