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Hyundai Motor Group, Exide Energy join hands for Indian EV model battery cells

Apr 8, 2024

New Delhi, April 8 (IANS) Hyundai Motor and Kia on Monday entered into a strategic partnership with leading battery company Exide Energy, as part of their electric vehicle (EV) expansion plans in India.With this partnership, the automaker aims to localise their EV battery production, specifically focusing on lithium-iron-phosphate (LFP) cells,…

SHARP India appoints Sujai Karampuri as Chairman

Apr 8, 2024

New Delhi, April 8 (IANS) Consumer electronics company SHARP on Monday said that it has appointed Sujai Karampuri as the Chairman of its India Business. Karampuri will lead SHARP's Display Business in the country, enhancing the brand's…

Business

Swiggy now delivers to houseboats on Dal Lake in Srinagar

Apr 8, 2024

New Delhi, April 8 (IANS) Online food delivery platform Swiggy on Monday said that it now delivers to tourists staying on houseboats on Dal Lake in Srinagar. The company has partnered with Shikara operators who will assist local delivery…

Business

Adani Gas subsidiary joins MG Motor India to install charging stations to boost India’s EV goals

Apr 8, 2024

New Delhi, April 8 (IANS) In a bid to help India build a robust and efficient EV charging infrastructure, Adani TotalEnergies E-Mobility Limited (ATEL) and MG Motor India on Monday signed a memorandum of understanding (MoU), which is aimed…

Business

‘Number of loss making companies at record low due to strong economic growth’

Apr 8, 2024

New Delhi, April 8 (IANS) The surge in profitability on the back of cost cuts, higher efficiency and the demand rush post-COVID has reduced the number of loss-making firms in India to near record low. The extraordinary decline in…

Business

Freo achieves profitability, records Rs 350 cr revenue in FY24

Apr 8, 2024

New Delhi, April 8 (IANS) Digital banking platform Freo on Monday said it has achieved profitability and reported gross revenue of Rs 350 crore for FY24. The company mentioned that it has been profitable for the last four months since…

Business

NTPC aims to add 3 GW of renewable energy capacity

Apr 8, 2024

New Delhi, April 8 (IANS) Public sector power giant NTPC Ltd has set a target to add 5GW of installed capacity to meet the growing power demand in the country, the company said on Monday. NTPC aims to add 3GW of renewable energy (RE)…

Business

realme announces brand new ‘P Series’ curated for Indian market; best player in mid range…

Apr 8, 2024

New Delhi, April 8 (IANS) India's consumer technology sector has grown quickly in recent years, now valued at over $250 billion. The mid-premium smartphone segment reached a 5 per cent market share, growing by 27 per cent YoY in 2023.But…

Business

Apple ecosystem building workers’ homes another milestone in PM Modi’s PLI scheme:…

Apr 8, 2024

New Delhi, April 8 (IANS) Union minister and Thiruvananthapuram BJP candidate, Rajeev Chandrasekhar, on Monday, said that it is due to the visionary production-linked incentive (PLI) scheme of Prime Minister Narendra Modi that the Apple…

Business

Regulator launches probe into China’s Temu over unfair biz practices

Apr 8, 2024

Seoul, April 8 (IANS) South Korea's antitrust regulator has launched an inspection into China's Temu shopping app on suspicions of the retail platform's false advertising and other unfair business practices, officials said on Monday.The…

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