[ad_1] HYDERABAD: Electric bus manufacturer Olectra Greentech Limited (OGL), part of Hyderabad-based Megha Engineering & Infrastructures Ltd (MEIL), on Saturday rolled out its new e-bus models equipped with the innovative blade battery technology at the ongoing Bharat Mobility Global Expo 2025 in New Delhi.The company showcased its new blade battery chassis, a redesigned 12-metre blade…
[ad_1] NEW DELHI: HCLTech marked 25 years on January 18, since its initial public offering (IPO) with a celebratory bell-ringing ceremony at the National Stock Exchange (NSE) in Mumbai. The company went public on 11 January 2000 and has since grown into one of the largest India-headquartered global IT services firms, emerging as a leader…
[ad_1] China is making it harder for employees and specialised equipment needed for high-tech manufacturing in India and Southeast Asia to leave its borders, according to people familiar with the matter, a possible attempt to prevent companies from shifting production in anticipation of higher tariffs under US President-elect Donald Trump.Officials in Beijing have verbally encouraged…
[ad_1] MUMBAI: Startups and venture capital (VC) firms are seeking an easier tax regime and measures to boost availability of domestic capital in the upcoming Budget. Parity between foreign and domestic funds in terms of taxation is required to attract foreign investors to Indian alternative investment funds (AIFs), said Siddarth Pai, founding partner at 3one4…
[ad_1] The Indian mobility industry is projected to surpass $600 billion by 2030, according to the Think Mobility report released by Google and Boston Consulting Group (BCG) at the Bharat Mobility Auto Expo.The report highlights India’s unique trajectory in the mobility sector, with traditional and emerging revenue streams shaping a departure from global trends.The report…
[ad_1] Intel shares jumped as much as 9.5% on Friday morning in the US after a report on a tech news site said the beleaguered chipmaker is an acquisition target. SemiAccurate, a tech-focused newsletter founded by Charlie Demerjian, said it “read an email about a company trying to acquire Intel, whole” and that the “mystery…
[ad_1] NEW DELHI: India’s automobile industry will be number one in the world in the next five years, Union Minister Nitin Gadkari said on Saturday, highlighting that the industry has created 4.5 crore jobs till now, the highest in the country. Addressing a Federation of Automobile Dealers Association (FADA) event, the road transport and highways…
[ad_1] NEW DELHI: The International Monetary Fund (IMF) on Friday retained India’s growth forecast for 2024-25 at 6.5% but said that growth in the country has slowed more than predicted, led by a sharper-than-expected deceleration in industrial activity.“In India, growth is projected to be solid at 6.5% in 2025 and 2026, as projected in Oct…
[ad_1] BENGALURU: Gurugram-based food delivery startup Zomato has pumped in Rs 500 crore into its quick commerce business Blinkit, bringing the total investment to Rs 2,800 crore since it acquired the company in 2022. The latest infusion comes on the heels of Zomato raising Rs 8,500 crore through a qualified institutional placement in November, which…
[ad_1] MUMBAI: The country is poised for an economic rebound, driven by a resurgence in domestic demand and strong agricultural prospects, and the time is ripe to take steps to rekindle demand and investment, RBI’s latest ‘state of the economy’ report said. The report has been released less than a fortnight before the Budget amid…
