Date | Title | Description |
13.11.2024 | Nifty slips to 23,700 as broader market corrects, all sectors bleed | Losers included M&M, BPCL, Maruti Suzuki, Hero MotoCorp, and Tata Steel.
Benchmark indices Nifty and Sensex sank to nearly five-month lows since June 25, as a wave of concerns helped bears tighten their grip on the market. The slide mar... |
11.11.2024 | A guide to understanding NIFTY indices in India | Share
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When it comes to investing in the Indian securities market, most retail and institutional investors look closely at the performance of the Nifty indices. The Nifty indices have become synonymous with the overal... |
04.11.2024 | Welspun Corp gets Rs 1,300 cr pipe supply order in US | Homegrown Welspun Corp Ltd (WCL) on Monday said it has bagged two new orders in the US worth ₹1,300 crore for supplying specialised pipes for natural gas pipeline projects.
It aims to execute the order for Helical Submerged Arc Welded (HSAW... |
04.11.2024 | Bajaj Auto reports 2% rise in total vehicle sales at 4,79,707 units in Oct | Bajaj Auto on Monday reported a 2 per cent increase in total vehicle sales, including commercial vehicles and exports, at 4,79,707 units in October this year, from 4,71,188 units in the same month of 2023.
During the reporting month, the to... |
01.11.2024 | Green mobility gets a festival boost in October as total EV registrations soar past the 2-lakh mark | The festival month of October delivered a significant boost to green mobility, setting a new milestone in electric vehicle (EV) sales. The total monthly EV registrations (including all categories) surpassed a record-breaking 200,000 units. ... |
27.10.2024 | Electric 2W sales surge past 1 lakh mark ahead of Diwali | The festive season is illuminating electric two-wheeler sales, with registrations already surging past the one lakh milestone just days before Diwali. This robust surge signals that October is on track to become the highest-selling month of... |
18.10.2024 | TVS Eurogrip aims to drive forward in premium, electric 2W tyre markets | TVS Srichakra Ltd, operating under the brand name TVS Eurogrip, is poised to build on its success in emerging product segments, including premium two-wheeler and electric two-wheeler tyres, through a comprehensive strategy aimed at maximisi... |
17.10.2024 | The Road Ahead: India’s Shift to Flex Fuel Vehicles and Bajaj Auto’s Financial Struggles | India is at a crossroads. The nation is shifting gears towards flex fuel vehicles, a move that promises to reshape its automotive landscape. Meanwhile, Bajaj Auto, a giant in the two-wheeler market, faces financial turbulence. These two nar... |
16.10.2024 | Bajaj Auto Q2 net profit skids 31% to ₹1,385 crore | Bajaj Auto reported a 31.4 per cent drop in consolidated net profit to ₹1,385 crore in the quarter ended September 30, 2024, as compared to ₹2,020 crore reported in the same quarter last year. The company said additional provision of ₹211 c... |
15.10.2024 | Nitin Gadkari meets automakers to review preparedness for launch of flex fuel vehicles | The Minister for Road Transport & Highways Nitin Gadkari on Tuesday met the Society of Indian Automobile Manufacturers (SIAM) to review the industry’s readiness for flex fuel vehicles.
The dialogue delved into how the industry is readyi... |
07.10.2024 | Yulu Turns EBITDA Positive, Breaches $30 Mn ARR On Rising Quick Commerce Demand | SUMMARY
Yulu claims to have crossed ARR of $30 Mn and also turned EBITDA positive on the growing demand for quick commerce and food delivery services as well as supportive government policies.
Currently, Yulu has a fleet of over 40,000 elec... |
01.10.2024 | Bajaj Auto stock slips for third straight day despite 22% rise in September sales on profit booking | Bajaj Auto shares have significantly run up since the start of the year, rising nearly 80 percent.
Shares of Bajaj Auto Limited declined 2 percent to Rs 12,112 apiece in the afternoon trade on October 1, staying in the red for a third tradi... |
30.09.2024 | Market Shifts and Energy Innovations: A Tale of Two Trends | The financial landscape is a fickle beast. One moment, it roars with excitement; the next, it retreats into uncertainty. On September 30, 2024, Indian markets faced a reality check. The Sensex and Nifty indices took a tumble, with profit-ta... |
30.09.2024 | Mid-day Mood | Sensex, Nifty sink as profit-taking hits Indian stocks; India VIX up 8% | The India VIX, a gauge of market volatility, increased by nearly 8 percent, signaling heightened uncertainty among investors.
Sensex and Nifty extended their losses around noon on September 30 as the Indian shares stumbled as profit-taking ... |
29.09.2024 | Auto component maker Bosch not yet eligible for PLI scheme: Government official | Auto components manufacturer Bosch has not met the minimum 50 per cent domestic value addition (DVA) requirement for the auto production linked incentive (PLI) scheme yet, disbursal for which will start from October.
“Companies who have ach... |
27.09.2024 | September Auto Sales: Will OEMs overcome pre-festive slowdown? | Jefferies expects a 10-13 percent on-year growth from Bajaj Auto and TVS.
Indian auto OEMs are gearing up to report their September sales volumes early next week. This time, September registrations will see an impact from the earlier festiv... |
27.09.2024 | We plan to grow supply chain finance book, enter education loan market this fiscal: Shriram Finance CEO | Non-banking finance company (NBFC) major Shriram Finance aims to build up to ₹10,000 crore of supply chain finance loan book over the next 4-5 years and enter education loans market in the current fiscal, MD and CEO Y S Chakravarti tells bu... |
19.09.2024 | Export of electric bikes from India has lot of potential: Gadkari
India, US to promote sustainable aviation fuel and hydrogen in buses
Tuticorin Airport upgradation set for December completion
Airfare... | ECONOMY & POLICY Export of electric bikes from India has lot of potential: Gadkari
19 Sep 2024 2 Min Read CW Team
Union Minister Nitin Gadkari stated that exports of electric two-wheelers from India hold significant potential, particula... |
19.09.2024 | Zomato records 100% growth in brand value, MakeMyTrip enters list of top Indian firms | Zomato recorded highest growth in brand value.
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Zomato emerged as this year’s fastest riser with a 100 percent year-on-year growth in brand value at $3,5... |
16.09.2024 | Premium bike segment rides high, poised for continued double-digit growth | , The premium motorcycle segment, encompassing bikes above 150cc, is expected to sustain its robust double-digit growth trajectory in the two-wheeler market over the next 2-3 years. This momentum will be fueled by a blend of factors, each c... |
11.09.2024 | Bajaj Auto sells over 6,000 units of India’s first CNG motorcycle | Two-wheeler manufacturer Bajaj Auto has sold over 6,000 units of its CNG bike, the Bajaj Freedom. The company introduced India’s first CNG bike in July.
According to the statistics available on Vahan, which tracks vehicle registrations, 6,0... |
03.09.2024 | Bajaj Auto showcases innovative eco-friendly models at IBET Expo 2024 | The IBET Expo, a premier event jointly organised by the Indian Federation of Green Energy and MM Activ Sci-Tech Communications, focuses on the latest advancements in bioenergy and technologies designed to tackle environmental challenges. Th... |
02.09.2024 | Two-Wheeler EV Registrations Slip 18% MoM In Aug, Ola Electric Loses Market Share | SUMMARY
Total EV two-wheeler registrations fell to 88,473 units last month from over 1.07 Lakh units in July
Recently listed Ola Electric’s total escooter registrations slumped 34% MoM to 27,517 units in August
While TVS Motor’s registratio... |
29.08.2024 | Electric Dreams and Financial Streams: India’s Economic Landscape Shifts | India is on the cusp of a transformation. The electric vehicle (EV) sector is buzzing with activity, and financial services are consolidating like never before. The government’s recent approvals for the productivity-linked incentive (PLI) s... |
27.08.2024 | Centre Energizes EV Sector with PLI Approvals
hBits Seeks SEBI License for Small and Medium REITs
JSW Neo Energy Wins 200 MW Wind-Solar Hybrid Project
Chatterjee Group Seeks Partnership with Indian Oi... | ECONOMY & POLICY Centre Energizes EV Sector with PLI Approvals
27 Aug 2024 2 Min Read CW Team
The government has approved 50 out of the 74 applications it received from automakers for its productivity-linked incentive (PLI) scheme aimed... |
27.08.2024 | Central Schemes Boost Domestic EV Manufacturing and Sales: Industry Players This comes after the government approved around 50 of the 74 applications it received for the production-linked inventive (P... | With central government coming up with new incentives and schemes to up-lift the Electric Vehicles (EVs) industry, the EV manufacturers are hopeful that these measures will further boost the sector for the betterment.
As government initiati... |
23.08.2024 | Ice Cream and Fintech: A Sweet Investment Landscape | In the world of investments, two stories recently emerged that showcase the diverse landscape of Indian startups. One is a scoop of creamy delight, while the other is a slice of digital innovation. Hangyo Ice Creams and TransBnk are making ... |
22.08.2024 | Hangyo Ice Creams raises Rs 211 crore from Faering Capital | ETtechPradeep Pai, MD, Hangyo
Mangaluru-based Hangyo Ice Creams has raised around Rs 211 crore from private equity firm Faering Capital.
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21.08.2024 | Titan Capital closes Rs 200-crore fund to double down on existing portfolio startups | ETtechKunal Bahl (left) and Rohit Bansal
Seed-stage investor Titan Capital, founded by Snapdeal cofounders Kunal Bahl and Rohit Bansal, has raised Rs 200 crore for its new fund through which the firm will double down on its existing portfol... |
17.08.2024 | Ola Electric: Riding the Wave of E-Motorcycle Innovation | Ola Electric is making waves in the bustling Indian two-wheeler market. With a recent surge in valuation to nearly $7 billion, the company is positioning itself as a formidable player in the electric vehicle (EV) landscape. The launch of it... |
16.08.2024 | India's Ola Electric soars to $7 billion valuation on e-motorcycle launch, battery plan | BENGALURU : India's top e-scooter maker Ola Electric Mobility surged 20 per cent on Friday to reach a valuation of 586.64 billion rupees ($6.99 billion), after it launched a new line of motorcycles and on bets it will lower costs by using i... |
16.08.2024 | Ola Electric valuation soars to $7 bn on e-motorcycle launch, battery plan | Bhavish Aggarwal, CEO of Ola Cabs and founder of Ola Electric | Credit: Reuters/Francis Mascarenhas
India's top e-scooter maker Ola Electric Mobility surged 20% on Friday to reach a valuation of 586.64 billion rupees ($6.99 billion), after ... |
13.08.2024 | The Electric Surge: Kazam and Ola Electric Lead India's E-Mobility Revolution | India is on the brink of an electric revolution. The streets are buzzing with electric vehicles (EVs). Two players are at the forefront: Kazam and Ola Electric. Both are redefining the landscape of e-mobility in the country. Their recent mo... |
12.08.2024 | Kazam Secures USD 8 Mn in Series A3 Round Led by Vertex Ventures Southeast Asia and India for E-Mobility Expansion The Bengaluru-based startup aims to deploy the raised funds to bolster its technology... | E-mobility startup Kazam has announced the raising of USD 8 million in a Series A3 round led by Vertex Ventures Southeast Asia and India. The round also saw participation from Avaana Capital, Alteria Capital, and several other notable inves... |
09.08.2024 | SoftBank-backed Ola Electric jumps 20% after flat debut | Bhavish Aggarwal, CEO of Ola Cabs and founder of Ola Electric | Credit: Reuters/Francis Mascarenhas
Ola Electric Mobility's shares surged 20% on their Mumbai trading debut on Friday, valuing the company at $4.8 billion, as investors bet on ... |
07.08.2024 | Indian auto companies will produce 100% ethanol-run cars
Akasa targets place among op 30 airlines by 2030: CEO Dube
Kavach to run on Delhi-Mumbai and Delhi-Howrah Lines by March 2025
Rapid Metro Gurga... | ROADS & HIGHWAYS Indian auto companies will produce 100% ethanol-run cars
07 Aug 2024 2 Min Read CW Team
The Union Minister of Road Transport and Highways, Nitin Gadkari, said that many Indian companies are setting up plants to produce ... |
06.08.2024 | Bajaj Auto unveils Chetak 3201 special edition exclusively on Amazon for August 2024 | Bajaj Auto Ltd has announced the launch of the Chetak 3201 Special Edition, available exclusively on Amazon for August 2024. This strategic collaboration marks a significant milestone in the Indian electric vehicle (EV) market, bringing tog... |
05.08.2024 | Indian e-scooter maker Ola Electric's $734 million IPO fully subscribed | BENGALURU :Ola Electric's $734 million initial public offering (IPO) was fully subscribed on the second day of bidding, reaching the target amid a sharp sell-off in global equity markets.
The SoftBank-backed company's IPO, the first by an e... |
01.08.2024 | Maruti, Hyundai, Tata domestic sales decline in July on yearly basis | The domestic passenger vehicle (PV) wholesale (dispatches to dealers) in July saw major companies including Maruti Suzuki India (MSIL), Hyundai Motor India (HMIL) and Tata Motors reporting negative sales as compared to the same month last y... |
30.07.2024 | Ola Electric’s IPO to be launched on August 2 | The electric mobility company Ola Electric revealed that the issue will open to the public on August 2 and close on August 6, with the anchor book for the offering scheduled to launch on August 1.
Ola Electric filed the DRHP to raise Rs 5,5... |
27.07.2024 | Ola Electric IPO to open for public on August 2 | EV maker Ola Electric’s initial public offering (IPO) will open for retail subscription on August 2 and the public offering will value the company between $4.2 billion to $4.4 billion.
The IPO will close for retail subscriptions on August 6... |
15.07.2024 | India’s eco-manufacturing shift: From trend to necessity with no shortcuts | - |
15.07.2024 | SHRM India Announces the 13th Annual Conference to Champion Trust and Collaboration in the Workplace | Gurgaon, Haryana, India
This year’s theme NOW focuses on maximizing the power of action for impactful and relevant changes in the world of work
Aims to empower HR leaders with business success strategies while upholding civility and a posit... |
13.07.2024 | EV Companies Should Invest Into Supply Chain: Bhavish Aggarwal His comments came after Zerodha co-founder Nikhil Kamath took a light-hearted dig at Ather Energy's marketing strategy. Kamath appreciate... | Ola CEO Bhavish Aggarwal said that electric vehicle manufacturers should save money and invest it into the supply chain that will boost the sales.
He took to microblogging site 'X' on Friday to give advice to EV companies that invest heavil... |
06.07.2024 | Bajaj Auto Launches World's First CNG-powered Bike Bajaj Auto has introduced the Bajaj Freedom 125, the world's first CNG-powered motorbike, priced at INR 95,000 (ex-showroom, India) |
In one of its many firsts, Bajaj Auto launched the world's first CNG motorcycle-Freedom 125 at a starting price of INR 95,000 (ex-showroom, India). It will be available in Maharashtra and Gujarat in the first phase followed by other cities... |
05.07.2024 | Indian fintech sector sees 59% drop in funding in H1 2024, remains among top three globally | ETtech
The Indian fintech sector, which has been facing increased regulatory scrutiny, saw a 59% drop in funding in the first half of 2024, raising $795 million compared to $1.9 billion in the first half of 2023, according to data intellige... |
05.07.2024 | Bajaj Auto launches world’s first CNG-powered bike | Bajaj Auto, the world’s leading manufacturer of two-wheelers and three-wheelers, unveiled the groundbreaking Freedom, the world’s first CNG motorcycle on Friday, in Pune in presence of union minister Nitin Gadkari.
The Bajaj Freedom CNG mot... |
05.07.2024 | No Party In 2-Wheeler EV Space Despite Subsidies & Discounts: Bajaj Auto CEO | SUMMARY
Bajaj also said that penetration was low despite major two-wheeler EV manufacturers offering discounts to the tune of almost INR 10,000 every month
There’s no party happening in the electric two-wheeler space as of now, Bajaj CEO sa... |
26.06.2024 | Bajaj Auto manufacturing plant at Manaus, in Brazil becomes operational | Trade Watchlist Portfolio
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Bajaj Auto on Wednesday announced the inauguration of a new production facility in Brazil, which will initially focus on the sourcing, assembly, and tes... |
25.06.2024 | Bajaj Auto’s total production capacity surpasses 70 lakh in FY24 | Bajaj Auto, a leading manufacturer oftwo and three-wheelers, has steadily increased its production capacity over the past three years, surpassing 7 million units in FY24. While the capacity has increased by 12 per cent in the last three yea... |
25.06.2024 | IPO-bound Ather converts itself into public entity | Electric scooter manufacturer Ather Energy has converted itself into a public company. This marks the company’s concrete step towards a definitive initial public offering (IPO) plan.
The board at Ather has approved the resolution to change ... |
24.06.2024 | Gautam Adani's FY24 salary of Rs 90.26 mn less than executives, peers
Delhi-Meerut Rapid Rail Corridor 50% Complete
Pranik Logistics Files DRHP for IPO
Kumaraswamy Discusses Bengaluru-Sathy Railway Li... | ECONOMY & POLICY Gautam Adani's FY24 salary of Rs 90.26 mn less than executives, peers
24 Jun 2024 3 Min Read CW Team
India's second richest person, Gautam Adani, received a total remuneration of Rs 90.26 million in the fiscal year endi... |
18.06.2024 | Growth in two-wheeler sales signifies revival of rural India: FADA President | Growth in two-wheeler sales signifies the revival of rural India and it is also important to note that since last festivities, the industry is seeing a consistent growth in the two-wheeler market, even though the sales have declined on a mo... |
07.06.2024 | Hero MotoCorp invests ₹124 cr to pick up 2.2% additional stake in Ather Energy | Two-wheeler major Hero MotoCorp has invested ₹124 crore in electric scooter maker Ather Energy to pick up a further 2.2 per cent stake.
With the funding, Hero MotoCorp, which was the largest shareholder in Ather Energy, now holds nearly 39 ... |
07.06.2024 | Hero MotoCorp invests Rs 124 Cr in Ather Energy, now controls nearly 42% stake | Hero MotoCorp has approved the purchase of an additional 2.2% stake in the electric scooter maker Ather Energy for about Rs 124 crore (approximately $15 million). This is the third investment from Hero MotoCorp in the Bengaluru-based compan... |
07.06.2024 | India's Path to Net Zero: Technology Will Build Balance Between Growth and Sustainability Sustainability should not be seen as a trade-off with growth but rather as a multifaceted goal that can drive ... | - |
07.06.2024 | After 4X growth in FY23, Ather Energy’s revenue declines in FY24 | Following over four-fold growth during the financial year ending March 2023, electric scooter manufacturer Ather Energy saw a modest 1.5% decline in scale during the previous fiscal year (FY24).
Ather’s revenue from operations decreased to ... |
07.06.2024 | RBI's GDP forecast boosts market sentiment; Sensex, Nifty rise nearly 2% | Indices extend morning gains
Sensex and Nifty extended their morning gains and rose nearly 2 percent around noon of June 7 after the Reserve Bank of India's Monetary Policy Committee raised India's FY25 real GDP forecast to 7.2 percent from... |
05.06.2024 | Auto shares rally up to 9%; Bajaj, Hero MotoCorp, M&M, TVS hit record highs | - |
04.06.2024 | Shared EV-mobility platform Yulu’s ride data can help authorities identify infrastructure flaws | Yulu, an electric Mobility as a Service (MaaS) platform, can utilise its data collected during vehicle usage to help concerned government agencies identify faulty road infrastructure and assist them with urban development projects.
The elec... |
04.06.2024 | New election mantra for markets: Buy on exit polls, sell on results | - |
04.06.2024 | Reforms, PLI: CEOs expect new govt to maintain policy continuity | - |
04.06.2024 | What should investors do as India's market see worst fall since March 2020? | - |
04.06.2024 | DLF, Bajaj Auto are top two technicals picks by ShareKhan for June 4 | - |
03.06.2024 | India's May factory growth slips to 3-month low, but remains sturdy: PMI | - |
01.06.2024 | Ather Energy's Electric Ride to Funding Success | Ather Energy, the electric scooter manufacturer, recently secured a hefty $34.5 million in debt and equity funding. This funding round marks a significant milestone for the Bengaluru-based company, as it gears up for potential unicorn statu... |
01.06.2024 | India's GDP exceeds estimates, grows at 8.2% in FY24 and 7.8% in Q4 | - |
31.05.2024 | India's FY24 fiscal deficit lower than full-year target, shows govt data | - |
31.05.2024 | India's First Electric Vehicle Index Launched The new index is expected to act as a benchmark for asset managers and be a reference index tracked by passive funds in the form of Exchange Traded Funds ... | - |
31.05.2024 | Ather Energy raises Rs 286 crore from founders and Stride Ventures | AgenciesTarun Mehta, cofounder and CEO, Ather Energy
Electric scooter maker Ather Energy has raised Rs 286 crore ($34 million) from its founders and Stride Ventures in a mix of debt and equity funding.
Elevate Your Tech Prowess with High-Va... |
31.05.2024 | India Q4 GDP numbers today: Will the actual data match the predictions? | - |
31.05.2024 | NSE launches India's first EV index: Check details on firms, ranking | - |
31.05.2024 | India's GDP growth rate jumps to 7.8% in Q4; FY24 growth at 8.2% | - |
31.05.2024 | Manipur: Over 188K affected by floods, more than 24,000 houses damaged | - |
31.05.2024 | May sees electric two-wheeler sales revving up, led by Ola Electric | - |
31.05.2024 | Scorching heat may be blighting India's road to becoming a developed nation | - |
30.05.2024 | Nifty Auto, Energy indicate bearish trend on charts: key levels here | - |
30.05.2024 | NSE Indices launches India's first EV index to facilitate ecosystem | - |
29.05.2024 | EV incentive scheme FAME 3 to roll out with Rs 10,000 crore outlay | - |
28.05.2024 | Lok Sabha 2024 poll outcome: Retail investors' boldest bet in 10 years | - |
26.05.2024 | Two-wheeler exports see 30% uptick in H1 | The two-wheelers export is witnessing a year-on-year uptick in H1 with 3,20,877 units exported in April. According to the Society of Indian Automobile Manufacturers (SIAM) data, the total two-wheeler exports reported a 30 per cent increase ... |
24.05.2024 | Another milestone: Nifty 50 crosses 23,000-mark for the first time | - |
23.05.2024 | War minus shooting: Role of India in contemporary international trade | - |
22.05.2024 | Affordable mass electric vehicles key to unlocking demand in Indian market | - |
22.05.2024 | Indian overseas spending hits all-time high of $31.7 billion in FY24 | - |
21.05.2024 | India on cusp of long-awaited economic take-off: RBI monthly bulletin | - |
19.05.2024 | Markets will have a strong run after June 4, says PM Narendra Modi | - |
17.05.2024 | Endurance Tech zooms 14%, hits record high on solid Q4, Rs 8.5 dividend | - |
17.05.2024 | India could be the third largest economy by 2026-27, says Arvind Panagariya | - |
16.05.2024 | Uddhav vows to regain Maharashtra's lost glory; slams PM Modi | - |
15.05.2024 | LS polls 2024: Stock market slump doesn't mean PM Modi is in trouble | - |
15.05.2024 | Farasis Energy Signs Strategic Partnership Agreement with Indian Customer Ingar at INAPA 2024 | JAKARTA, Indonesia, May 15, 2024 /PRNewswire/ -- Farasis Energy, a global leader in pouch power batteries for new energy vehicles and energy storage systems, showcases its latest mass-produced Super Pouch Solution (SPS), along with its stan... |
14.05.2024 | India's export reliance on US grows despite diversification push | - |
14.05.2024 | Tata Motors stock drops 8% as gloomy outlook overshadows Q4 show | - |
14.05.2024 | Will deepen ties with India for greater prosperity, says Israel FM | - |
14.05.2024 | LS polls: Raebareli still Gandhi stronghold amid threat of Amethi redux | - |
14.05.2024 | India Inc including NBFCs files ECB intent worth $7.73 billion in March | - |
13.05.2024 | Murugappa Group to foray into e-SCV, plans to invest Rs 3,000 crore on EVs | - |
12.05.2024 | Lok Sabha polls Phase 4: 96 seats go to polls on May 13; all details here | - |
11.05.2024 | India's NY consulate to remain open year-round for emergency services | - |