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Kia India reports 3.9 pc sales growth in May, surpasses 2.5 lakh export milestone

Jun 1, 2024

New Delhi, June 1 (IANS) Kia India on Saturday said it has registered the sale of 19,500 units in May, a growth of over 3.9 per cent (year-on-year) compared to 18,766 units in the corresponding month of the last year.The automaker said it also dispatched 2,304 units from India to overseas markets in the month, taking the production figure of Kia to…

Ola Electric logs 49 per cent share in electric 2-wheeler market in May

Jun 1, 2024

Bengaluru, June 1 (IANS) Ola Electric, on Saturday, said that it has captured 49 per cent market share in the electric two-wheeler (2W) segment in May, with 37,191 registrations (as per government’s Vahan portal) riding on its S1 scooter…

Business

Mahindra and Mahindra SUV sales up 31 pc in May

Jun 1, 2024

New Delhi, June 1 (IANS) India's leading auto company, Mahindra and Mahindra (M&M) announced its overall sales figure (including commercial and passenger) for May 2024. Last month, M&M's overall sales figure stood at 71,682…

Business

100X.VC invests $2.7 million in 17 early-stage startups

Jun 1, 2024

Mumbai, June 1 (IANS) Early-stage investment firm 100X.VC on Saturday said it has invested $2.7 million in 17 startups in its 11th cohort.These startups are based in Mumbai, Bengaluru, Delhi, Pune and Gurugram, among other cities.“With…

Business

Commercial LPG gas cylinder gets cheaper by Rs 69.50 in Delhi

Jun 1, 2024

New Delhi, June 1 (IANS) Oil marketing companies reduced the price of 19 kilograms of commercial LPG gas cylinders on Saturday.The price of 19 kg commercial LPG gas cylinder has been slashed by Rs 69.50 in Delhi, by Rs 72 in Kolkata, by Rs…

Business

Zoho invests in 2 Indian manufacturing startups to create jobs in rural areas

Jun 1, 2024

New Delhi, June 1 (IANS) Cloud software major Zoho on Saturday said it has invested an undisclosed amount in manufacturing startups Karuvi and Yali Aerospace which would create jobs in smaller towns and villages. The investments, said the…

Business

SpaceX will enable anyone to travel to Moon, Mars: Elon Musk

Jun 1, 2024

New Delhi, June 1 (IANS) SpaceX will enable anyone to go to space and even travel to the Moon and Mars, in the future, its CEO Elon Musk said on Saturday."Over time, SpaceX will enable anyone to go to space and travel to the moon and Mars,"…

Business

Surge in manufacturing sector highlights Modi govt’s efforts: FM Sitharaman

Jun 1, 2024

New Delhi, May 31 (IANS) Finance Minister Nirmala Sitharaman said on Friday that India’s GDP data showcases robust economic growth, which is the highest among the major economies of the world. Also, she termed the 8.2 per cent growth for FY…

Business

ICRA upgrades Adani Total Gas to ‘AA’ with stable outlook

Jun 1, 2024

Ahmedabad, May 31 (IANS) Global credit rating agency ICRA on Friday upgraded the rating of Adani Total Gas Ltd (ATGL) to "AA" from "AA-" with a stable outlook. In a note, the rating agency said that the long-term rating upgrade of ATGL…

Business

BCGCL floats tender for Rs 1,1782cr coal gasification project in Odisha

Jun 1, 2024

New Delhi, May 31 (IANS) Bharat Coal Gasification & Chemicals Limited (BCGCL), a joint venture company of Coal India Ltd and BHEL has floated a tender for the selection of an LSTK-2 (lump sum turnkey) to start work on a portion of its…

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