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KG Mobility, Renault Korea threaten Hyundai, Kia in midsize SUV market

Oct 14, 2024

Seoul, Oct 14 (IANS) KG Mobility and Renault Korea Motors have made strong challenges with their new models in the midsize SUV segment, which has been largely dominated by Hyundai Motor Group, according to industry data on Monday.According to the Korea Automobile and Mobility Industry Association, KG Mobility's Actyon and Renault Korea's Grand…

Top biz leaders attend private wedding of SK Group’s younger daughter

Oct 14, 2024

Seoul, Oct 13 (IANS) Top South Korean business leaders, including Samsung Chairman Lee Jae-yong, attended the wedding of SK Chairman Chey Tae-won's daughter on Sunday, an event that also marked Chey's first public appearance with his…

Business

Over 30 countries to explore $117 billion untapped export potential for India

Oct 13, 2024

Mumbai, Oct 13 (IANS) Highlighting the $117 billion untapped export potential for India, more than 30 countries are set to participate in the fifth edition of 'World Trade Expo' in the financial capital from October 17-18.India has untapped…

Business

USISPF’s ‘India Leadership Summit 2024’ to deepen economic, tech ties

Oct 13, 2024

New Delhi, Oct 13 (IANS) In a bid to enhance bilateral trade, supply chains, semiconductor investment, AI and next-gen technologies, the US-India Strategic Partnership Forum (USISPF) is set to host its annual 'India Leadership Summit 2024'…

Business

Market Outlook: Q2 results, FIIs and CPI data key factors for next week

Oct 13, 2024

Mumbai, Oct 13 (IANS) The market outlook for next week will be guided by the major domestic and global economic data such as India WPI Inflation (YoY) (Sep), India CPI (YoY) (Sep), India Bank Loan Growth and Deposit Growth, Indian companies…

Business

Zypp Electric’s losses surge 2.2 times to Rs 91 crore in FY24

Oct 13, 2024

New Delhi, Oct 13 (IANS) Tech-enabled electric vehicle (EV) company Zypp Electric saw its losses increase 2.2 times to Rs 91 crore in FY24, up from Rs 40 crore in the previous fiscal.The EV-as-a-service platform saw its EBITDA margin stood…

Business

Egypt’s Suez Canal cuts transit, mooring fees for Red Sea yachts

Oct 13, 2024

Cairo, Oct 13 (IANS) Egypt's Suez Canal Authority (SCA) announced a 20-50 per cent reduction in transit and mooring fees for yachts in the Red Sea, effective on November 1."The move is part of the SCA's flexible marketing policies to…

Business

AI PCs set to evolve further as users look for ‘killer’ applications

Oct 13, 2024

New Delhi, Oct 13 (IANS) People are now looking for killer applications in the artificial intelligence (AI) PCs to add value to their day-to-day missions, due to the change in the working environment and lifestyle, according to industry…

Business

Hyundai, Kia eye record EV sales of 1 lakh units in US this year

Oct 13, 2024

Seoul, Oct 13 (IANS) Hyundai Motor and its affiliate Kia are expected to see their combined sales of electric vehicles (EVs) surpass 100,000 units this month, according to the companies' data on Sunday.Hyundai and Kia sold a combined 91,348…

Business

32 Indian startups raise $135 million in funding this week

Oct 13, 2024

New Delhi, Oct 12 (IANS) At least 32 domestic startups secured nearly $135 million in funding this week, which saw four growth-stage deals and 22 early-stage deals in a significant jump of over 45 per cent from last week.Deeptech startups…

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