[ad_1] File photo: Ola co-founder Bhavish Aggarwal (Picture credit: Reuters) Ola Electric Mobility Ltd. announced opening of 3,200 new stores in a single day, as India’s biggest e-scooter maker seeks to expand its local footprint and address customer frustration related to shortcomings in service.The Bengaluru-based Ola Electric has increased the number of showrooms and service…
[ad_1] Equity investors are also hoping for what’s known as the “Santa Claus Rally,” in which stocks rise during the final five trading sessions of a year. A rally in the group that has led Wall Street’s gains in 2024 lifted stocks in a relatively quiet session ahead of Christmas.Following a strong day for big…
[ad_1] In 2025, there are fewer trading holidays, with 14 scheduled closures compared to 16 in the current year. (AI image) Stock market holiday today: Stock markets will not open for trading on Wednesday, December 25 for Christmas celebrations. This closure applies to all market segments, including equity like BSE Sensex and Nifty50, derivative, and…
[ad_1] NEW DELHI: As Nissan and Honda look to work out a strategy to combine businesses for survival and higher competitiveness, they are not alone in striking collaborations. Indian car companies and two-wheeler players are increasingly going for tie-ups and joint ventures as they try to strike synergies for efficient product and platform development as…
[ad_1] NEW DELHI: The need to get back to 7-8% growth against the backdrop of global challenges, geopolitical tensions and to ensure that the country remains on track to reach developed nation status by 2047 dominated deliberations at a meeting of economists with PM Modi Tuesday.At pre-Budget consultations under the theme – ‘Maintaining India’s growth…
[ad_1] MUMBAI: The rupee weakened to its all-time low for the sixth consecutive trading session on Tuesday as a rise in US bond yields boosted the dollar and strong demand for the greenback from importers added to the lingering pressure on the local currency.The rupee declined to 85.21 against the US dollar, eclipsing its previous…
[ad_1] CHENNAI: Close on the heels of the Competition Commission of India (CCI) approving UltraTech Cement‘s acquisition of India Cements, the latter has announced that it has become a subsidiary of UltraTech. The development will facilitate UltraTech adding India Cements’ 14.5 million tonnes capacity spread across Tamil Nadu, Telangana, Andhra Pradesh, and Rajasthan to its…
[ad_1] BENGALURU: Fintech unicorn Razorpay on Monday said it is extending employee stock options (ESOP) worth Rs 1 lakh to each of its over 3,000 staffers.“This marks the first time Razorpay has extended ESOPs of this magnitude, offering each current employee shares worth Rs 1 lakh. This initiative reflects our deep-rooted commitment to an employee-first…
[ad_1] Apple is closing in on a historic $4-trillion stock market valuation, powered by investors cheering progress in the company’s long-awaited AI enhancements to rejuvenate sluggish iPhone sales.The company has pulled ahead of Nvidia and Microsoft in the race to the monumental milestone, thanks to an about 16% jump in shares since early Nov that…
[ad_1] A rally in some of the world’s largest technology companies spurred a rebound in stocks, following a brief slide fuelled by a weaker-than-expected report on US consumer confidence.While most companies in the S& retreated, Tesla and Nvidia drove a gauge of the “Magnificent Seven” megacaps up over 1%. It was still a thin trading…
