Ola Electric Mobility is redirecting a significant portion of its initial public offering funds, originally designated for research and development, towards debt repayment and growth initiatives, highlighting increasing financial pressures amidst weakening sales and stalled fundraising efforts. Photograph: VarunVyas Hebbalalu/Reuters
Mahindra pushes premium EV strategy with XEV 9e Cineluxe, blending luxury design, immersive technology and over 500 km range capability. Photographs: Kind courtesy mahindraelectricsuv.com Mahindra & Mahindra has launched the XEV 9e Cineluxe Edition at Rs 29.35 lakh (ex-showroom),
Abusive language, threats, harassment, excessive or anonymous calls, public humiliation, and misleading representations are explicitly prohibited. Kindly note that this illustration generated using ChatGPT has only been posted for representational purposes. Key Points The Reserve Bank of India has issued
Sentiment gains from the US-India trade deal have faded as renewed AI-driven disruption fears weigh on risk appetite, with markets worrying that Indian IT firms dependent on the labour arbitrage model may face tougher competitive pressure than their Nasdaq peers.
It could be a rough road ahead for the sector as companies grapple with tepid volume growth and slowing consumption despite good monsoons and healthy food grain production. Image used for representational purpose only. Photograph: Mansi Thapliyal/Reuters Key Points Nifty
‘Except facilitating builders in default, it is not doing anything else. Better to just abolish this institution.’ Kindly note that this illustration generated using ChatGPT has only been posted for representational purposes. Key Points Himachal Pradesh government planned to
At the all-India level, NSO said, the number of weighted items has increased from 299 to 358 in CPI 2024, goods items increased from 259 to 308, and services items increased from 40 to 50. Illustration: Uttam Ghosh Key Points
Robust labour data has tempered expectations of an immediate rate reduction by the US Federal Reserve, which weighed on precious metals. Photograph: Arnd Wiegmann/Reuters Key Points In the global market, spot gold slipped $22.07 Silver fell sharply to $81.6 before
The idea of back-loading the target of fiscal consolidation is perhaps guided by the government’s desire to be prepared for any adverse developments in the coming year, points out A K Bhattacharya. IMAGE: Finance Minister Nirmala Sitharaman presents the Union
This surge was largely attributed to higher heating demand during the peak of North India’s cold wave on January 9. Image used for representation purpose only. Photograph: Vivek Prakash/Reuters Key Points Power demand is expected to grow 1.5 per cent
