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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 at enabling ease of use and increased accessibility for customers.As part of the collaboration, EV charging…

‘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…

Business

Amid operational turbulence, Vistara announces reduction in flights

Apr 8, 2024

New Delhi, April 7 (IANS) Amid its ongoing operational challenges, Vistara Airlines on Sunday announced a "carefully" planned reduction in its flight operations.The decision, aimed at bolstering operational resilience, entails scaling back…

Business

India needs at least 1 mn fast chargers to adopt EVs by 2030: Amitabh Kant

Apr 7, 2024

New Delhi, April 7 (IANS) The G20 sherpa and former NITI Aayog CEO, Amitabh Kant has said that India needs at least one million fast chargers to adopt electric vehicles (EVs) by 2030.In a post on X, he said that instead of importing, the…

Business

Results season to kick in, could be next trigger for markets

Apr 7, 2024

New Delhi, April 7 (IANS) The week gone by consisted of five trading sessions and markets gained on three of the five sessions. On Friday, markets were up a tad with BSESENSEX up a mere 21 points while NIFTY was down 1 point. BSESENSEX…

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