India mobility sector to surpass $600 billion by 2030: Report
India’s mobility industry is expected to exceed $600 billion by 2030, driven by rising demand for electric vehicles, including preferences for advanced technology in electric four-wheelers and practicality in electric … Read More
Olectra Greentech rolls out new buses equipped with blade battery technology
Olectra Greentech Limited unveiled new electric bus models with blade battery technology, providing 30% more energy storage and enabling a range of up to 500 km per charge. The company … Read More
25 years of HCLTech IPO: IT major gave over 1300% return since market debut
HCLTech celebrated its 25th IPO anniversary with a bell-ringing ceremony at NSE in Mumbai. Over 25 years, an Rs 58,000 investment during its IPO reached about Rs 32 lakh. The … Read More
Kotak, RBL feel pain of microfinance defaults
Private banks like Kotak Bank and RBL Bank are experiencing higher defaults in the microfinance sector. Kotak Bank reported a 10% rise in net profit, but its microfinance arm saw … Read More
Punjab & Sind Bank to raise Rs 2,000 crore via QIP this quarter: MD & CEO Swarup Kumar Saha
Punjab and Sind Bank plans to raise Rs 2,000 crore through Qualified Institutional Placement this quarter, reducing government holding by 3-4%. The government currently holds a 98.25% stake. This fundraising … Read More
India’s current economic environment conducive for private investments: CII survey
India’s economic environment is favorable for private investments, revealing a bright outlook despite global challenges, according to a CII survey. It indicates a significant increase in employment and wage growth, … Read More
Mcap of 6 of 10 most valued firms erodes by Rs 1.71 lakh crore; Infosys, TCS major laggards
The market valuation of six of the top 10 valued domestic firms, including Infosys and TCS, decreased by Rs 1.71 lakh crore last week. Meanwhile, Reliance Industries, Bharti Airtel, State … Read More
Chinese trade surplus soars to $1 trillion on pre-Trump exports
China’s trade surplus hit a record $992 billion in 2024, driven by a 21% rise in exports worth $3.6 trillion, despite weak domestic demand and imports. The surge is linked … Read More