Two-wheeler retail sales are anticipated to increase by 4-5%, whereas analysts predict that passenger vehicle (PV) retail sales will increase by 5-7% year over year. Additionally, because of the impending holiday season, freight demand is predicted to increase post-monsoon, which might result in 4-6% YoY growth for MHCV retail.

DatChat a confidential informing, web-based entertainment, and metaverse organization, reported today it has marked a showcasing Update of Understanding with Cloud Water Brands to advance their line of Cloud Water + Invulnerability and Cloud Water CBD inside the Habitat Virtual World through item situations, Intuitive 3D presentations and NPC promoting.

They’re also introducing Jio AirFiber for broadband access, competing with IT behemoths like Google and Apple. Jio Smart Home gadgets, a Set-Top Box for entertainment, and a Smart Home app are all part of the service.

Sterlite Power announced that it had received the order for the Part F Transmission project for Rajasthan Phase-III (20GW). This is Sterlite Power’s second foray into transmission projects for green energy in Rajasthan.

Jio AirFiber, set to launch on September 19, 2023, coinciding with Ganesh Chaturthi, marks a milestone for Indian telecom leader Jio. With its innovative technology utilizing the 5G spectrum, Jio aims to connect 100 million households with high-speed wireless internet comparable to fiber optic services.

FICO and LigaData will offer crossover cloud and SaaS Choice as a Help arrangement that interchange specialist organizations can use to increment incomes, decline costs, and extend their computerized and versatile monetary administration contributions.

Japanese e-commerce behemoth Mercari has established its first Global Centre of Excellence (GCoE) in Bengaluru. After Japan and the United States, India is Mercari’s third nation of operation.

Shares of rice exporters such as Chaman Lal Setia Exports, LT Foods, KRBL, and GRM Overseas fell up to 6% intraday on Monday after the government imposed export restrictions on basmati rice over the weekend. 

According to The Economic Times, e-commerce enterprises and consumer goods producers have increased their demand for electric vehicles (EVs) in an effort to lower costs and fulfill carbon emission objectives.

Nita Ambani, Ambani’s wife, is stepping down from the board of Reliance Industries Ltd, which has accepted the nominations of Isha, Akash, and Anant Ambani as non-executive directors.

Chairman Mukesh Ambani shared their goals. He mentioned that their telecom division, Jio has set a target to install one million 5G cells, across India by December 2023. Ambani highlighted their dedication to progress.

The average revenue per user (ARPU) of Indian telecom companies is expected to rise by 8 to 10% to Rs 190 this fiscal year. According to the statement, operational earnings for these companies might rise by 15 to 17 percent this year, hitting Rs 1.2 trillion, up from Rs 1.04 trillion in FY22.