Auto: Does Battery Swapping Make Sense For e2Ws?

Leading Indian electric two-wheeler (e2W) companies have said that “swapping” of batteries is currently unviable and will only increase the cost for a consumer to run the vehicle. IMAGE: A man waits while recharging his Ola electric scooter at an

Wholesale price inflation rises to 2.37% in Dec

Wholesale price inflation rose to 2.37 per cent in December 2024, led by spike in manufactured products even though prices of food items eased, government data released on Tuesday showed. Photograph: Danish Siddiqui/Reuters The Wholesale Price Index (WPI) based inflation

Automobile dispatches rose 12% in 2024: SIAM

Automobile dispatches from companies to dealers rose 12 per cent last year compared to 2023 on the back of positive consumer sentiments which aided robust demand for two-wheelers, industry body SIAM said on Tuesday. Photograph: Amit Dave/Reuters Total wholesales across

Stocks to Watch on January 14: HCLTech, JSW Energy, Adani Energy Solutions, Quess Corp and more

1 / 11 HCLTech | IT company reported a 5.54% growth in consolidated net profit to ₹4,591 crore for the December quarter of the 2024-25 financial year. It had reported a profit of ₹4,350 crore in the year-ago period, according

Rupee recovers from all-time low of 86.64 to settle eight paise higher against the US dollar

Some recovery in domestic equity markets after the release of macroeconomic numbers also supported the Indian currency even though it remained under pressure due to elevated crude oil prices and continuous outflow of foreign funds. At the interbank foreign exchange,

Why brokerages have revised their target prices for DMart

Brokerages on DMart Q3 results: Avenue Supermarts (DMart) shares slipped as much as 5.74 per cent to hit an intraday low of Rs 3,474 per share on Monday. Photograph: PTI Photo from the Rediff Archives However, the stock recovered slightly

Retail inflation eases to 4-month low of 5.22% in Dec

Retail inflation slowed to a four-month low of 5.22 per cent in December compared to 5.48 pc in November, mainly due to easing of prices in food basket, according to government data released on Monday. Photograph: Danish Siddiqui/Reuters The inflation

Rs 24.69 lakh cr of investors’ wealth wiped out in 4 days

Investors lost Rs 24.69 lakh crore in market valuation in the last four days of severe drubbing in the equity market. Spike in global crude prices, unabated foreign fund outflows, a strong US jobs data diminishing early rate cut expectations,

Mutual funds collect Rs 1.18 lakh cr via NFO in 2024

Asset management companies launched 239 new fund offerings (NFOs) mobilising Rs 1.18 lakh crore in 2024, with sectoral or thematic equity funds emerging as the top choice of investors, according to a report by Germinate Investor Services Research. This was

BFSI segment and deal wins in focus in Dec quarter earnings

Jan 13, 2025 2:27 PM IST HCL Tech Q3 Results Live Updates: What company has told analysts -Discretionary spending saw an uptick in August, particularly within the BFSI sector which continued into October -Furloughs are expected to be similar to