Ola Electric could gain market share in the near term with relatively less disruption expected due to rare earth magnets shortage, according to a report by Goldman Sachs. IMAGE: Bhavish Aggarwal, CEO of Ola Cabs, and founder of Ola Electric,
I-T dept said move came after a series of outreach efforts, including SMS alerts, emails, and physical programmes, were made across various locations, nudging taxpayers towards voluntary compliance. Kindly note this illustration generated using Microsoft Copilot is only posted for
An Indian commerce ministry team has reached Washington for another round of talks from Monday on the proposed bilateral trade agreement (BTA), an official said. Photograph: Evelyn Hockstein/Reuters Chief negotiator of India and special secretary in the Department of Commerce,
The government on Monday appointed R Doraiswamy as head of state-owned insurance behemoth Life Insurance Corporation of India (LIC). Photograph: LIC/X The notification in this regard was issued by the Department of Financial Services following approval from the Appointments Committee
Retail inflation declined to over six-year low of 2.1 per cent in June, nearing the RBI’s comfort zone, on account of subdued prices of food items, including vegetables, driven by widespread monsoon. Photograph: Anushree Fadnavis/Reuters The Consumer Price Index-based inflation
US-based hedge fund Jane Street, which allegedly made handsome gains through market manipulation, has deposited the mandated Rs 4,843.57 crore in an escrow account in favour of Sebi and requested it to lift certain restrictions. Photograph: Francis Mascarenhas/Reuters The watchdog
A day after news emerged that Foxconn Technology Group was “forced” by Beijing to send back its Chinese engineers and technicians from its Tamil Nadu plant, sources indicate that the global electronics giant has already drawn up an alternative plan
‘My understanding is that the rules are weighted in favour of big cars, even though smaller cars emit fewer emissions per passenger, use less material, and consume less fuel,’ Bhargava said in an interview with Business Standard. Kindly note the image
Stocks of brokerages and market infrastructure institutions (MIIs) witnessed selling pressure after the Securities and Exchange Board of India’s (Sebi’s) crackdown on proprietary trading firm Jane Street. Photograph: Shailesh Andrade/Reuters The weakness was attributed to concerns that debarment of the
In an event-heavy week, stock investors will track quarterly earnings of several bluechip firms, the likely outcome of ongoing India-US trade talks, and inflation data for market cues, analysts said on Sunday. Illustration: Dominic Xavier/Rediff Moreover, global market trends and
