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According to SIAM statistics, the Indian auto industry would sell the most ever’ passenger automobiles in May 2023-thumnail

According to SIAM statistics, the Indian auto industry would sell the most ever’ passenger automobiles in May 2023

The latest Indian auto industry performance report for May 2023 has been issued by the Society of Indian Automobile Manufacturers (SIAM). According to statistics, the overall output of passenger cars,

Automotive

Jun 13, 2023

Blue Dart Announces Appointment of V N Iyer as Group CFO and Sudha Pai as CFO for Blue Dart Express Ltd-thumnail

Blue Dart Announces Appointment of V N Iyer as Group CFO and Sudha Pai as CFO for Blue Dart Express Ltd

Blue Dart Logistics names Sudha Pai as CFO for Blue Dart Express Ltd. and V N Iyer as Group CFO. Iyer brings expertise in aviation finance, while Pai is a qualified cost accountant. The appointments aim to enhance financial leadership and drive strategic objectives in a digital world.

Business

Jun 13, 2023

Advancements in Solid-State Batteries: A Game-Changer for Electric Vehicles-thumnail

Advancements in Solid-State Batteries: A Game-Changer for Electric Vehicles

Toyota Motor has announced its plans to venture into the production of solid-state batteries for the next generation of electric vehicles (EVs). Solid-state batteries utilize thin layers of solid electrolytes

News

Jun 13, 2023

AI Hype Raises Concerns of Tech Bubble Repeat-thumnail

AI Hype Raises Concerns of Tech Bubble Repeat

The surge of capital into the artificial intelligence (AI) sector has drawn parallels to the dot-com era, raising concerns about a potential tech bubble. ESG funds heavily invested in tech are benefiting from AI’s growth, but experts urge caution and recommend selective investment strategies focusing on AI adopters and supporting industries.

News

Jun 13, 2023

Indifi Technologies raise $35 million to expand digital lending to small businesses-thumnail

Indifi Technologies raise $35 million to expand digital lending to small businesses

Indifi Technologies, an Indian startup that provides digital lending to small and medium-sized enterprises, has raised $35 million in a new funding round that was spearheaded by ICICI Venture, the investment arm of ICICI Bank.

Investment & Funding

Jun 13, 2023

“OneWeb Aims to Launch Satellite Broadband Services in India, Seeks Spectrum Allocation Approval”-thumnail

“OneWeb Aims to Launch Satellite Broadband Services in India, Seeks Spectrum Allocation Approval”

OneWeb

New Launch

Jun 13, 2023

Toyota unveils new battery technology and EV innovations-thumnail

Toyota unveils new battery technology and EV innovations

Toyota Motor stated it would implement high-performance, solid-state batteries as well as other technologies to increase the efficiency and performance of its electric vehicles while lowering their price.

The Japanese automaker Toyota Motor declared that it plans to introduce next-generation batteries starting in 2026, hoping to win over buyers with cars that have greater driving ranges and faster charging periods.

Business

Jun 13, 2023

“MRF Stock Price Crosses Rs 1 Lakh Mark as Company Reports Strong Q4 Results”-thumnail

“MRF Stock Price Crosses Rs 1 Lakh Mark as Company Reports Strong Q4 Results”

“MRF’s share price reaches Rs 1 lakh milestone as it opens over 1% higher, backed by impressive Q4 results. The company’s consolidated profit after tax surged 86% YoY, while revenue

Industry

Jun 13, 2023

For expansion of renewable energy, Amp Energy India secures $250 million in funding from SMBC, ICG, and AIIB-thumnail

For expansion of renewable energy, Amp Energy India secures $250 million in funding from SMBC, ICG, and AIIB

Amp Energy India, a pioneer in the energy transition and India’s first totally balanced independent power producer (IPP), has raised up to USD 250 million to support its expansion. SMBC

News

Jun 12, 2023

Novartis to buy Chinook for $3.5 billion to boost late-stage pipeline-thumnail

Novartis to buy Chinook for $3.5 billion to boost late-stage pipeline

Chinook Therapeutics, Inc., a biopharmaceutical company specializing in the discovery, development, and commercialization of precision drugs for kidney diseases, today announced that it has entered into a merger agreement and

Industry

Jun 12, 2023

India’s GDP has now reached $3.75 trillion; says Finance Minister-thumnail

India’s GDP has now reached $3.75 trillion; says Finance Minister

According to Union Finance Minister Nirmala Sitharaman, India’s Gross Domestic Product (GDP) would reach $3.75 trillion in 2023 from over $2 trillion in 2014. India was referred to as a

Finance

Jun 12, 2023

A master application is being developed to make charging electric vehicles more accessible-thumnail

A master application is being developed to make charging electric vehicles more accessible

With the low visibility of Ev charging stations in India, the Centre has developed a master application to locate the remote stations.

Business

Jun 12, 2023


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