This has been made possible by declining global costs of battery cells for EVs

electric-vehicle ev auto industry

Chandra says when the market expands, one benefits from a wider portfolio, but when the market is not growing, products start cannibalising among themselves

electric vehicle ev

Markets Today Highlights: In the broader markets Nifty Midcap100 index ended higher by 0.37 per cent, while Nifty Smallcap100 index settled down by 0.62 per cent

market

SBI-SG Global Securities Services on Friday settled a case related to an alleged violation of FPI (foreign portfolio investors) rules and other regulatory norms with Sebi by paying Rs 29.25 lakh towards settlement charges.
SBI-SG Global Securities Services Pvt Ltd (applicant) is a Sebi-registered designated depository participant (DDP).
The order came after SBI-SG Global Securities Services submitted a settlement application, requesting for settlement of the adjudication proceedings under the Sebi's settlement regulations.
"In view of the acceptance and the compliance of the settlement terms by the applicant, the instant adjudication proceedings initiated against the applicant (SBI-SG Global Securities Services) vide show cause notice dated May 08, 2024, is disposed of in terms of the settlement regulations," Sebi's chief general manager and adjudicating officer N Hariharan said in the order.
The Securities and Exchange Board of India (Sebi) had undertaken an inspection of the SBI-

SEBI

Karnataka Deputy Chief Minister D K Shivakumar on Friday wrote to the state's Higher Education Minister, M C Sudhakar, requesting necessary steps to establish a research centre at Bangalore University in honour of former Prime Minister Manmohan Singh.
The centre would focus on studying, researching, and documenting Singh's programmes and policies.
Manmohan Singh, widely regarded as the architect of India's economic reforms, passed away in New Delhi on Thursday night at the age of 92.
"Former Prime Minister Manmohan Singh was one of the world's greatest economists. The globalisation, liberalisation, economic policies, and governance discipline introduced during his tenure made India economically strong," Shivakumar stated, in a note addressed to Sudhakar and the Vice-Chancellor of Bangalore University.
Highlighting transformative initiatives like the Right to Information Act (RTI), Right to Education Act (RTE), Food Security Act, and the Aadhaar Card (Unique Identity Card scheme), .

DK Shivakumar, Shivakumar

The goods trade gap increased to a seasonally adjusted $102.9 billion last month from $98.3 billion in October, the Commerce Department's Census Bureau said on Friday

US flag, US, united states

Former PM Manmohan Singh passed away on December 26 at the age of 92 after battling age-related ailments

Manmohan Singh

On security, a truly defence-ready Europe still looks a distant prospect even after the biggest full-scale conflict on home soil since 1945

Donald Trump,Trump

The greatest scientific achievement of the past 25 years isn't any single invention but the recognition that all these advancements are interconnected

Research and development (R&D) spending by BSE 100 companies has grown steadily, rising from 0.89 per cent of revenue in FY20 to 1.32 per cent in FY24, averaging around 1 per cent over the period in-between, according to data compiled from Bloomberg

The Huminsulin range is vital for managing both type 1 and type 2 diabetes, helping control blood sugar levels in adults and children

Lupin

The Congress on Monday attacked the government over depreciation in the value of the rupee against the US dollar and said Prime Minister Narendra Modi has nothing to say now even though he had resorted to personal attacks against former prime minister Manmohan Singh when the Indian currency had fallen during the UPA term.
AICC general secretary, communications, Jairam Ramesh also recalled the words of Modi in 2013 when he had claimed that UPA leadership has become directionless and are neither worried about the country's defence nor the value of its currency, but are "only worried about saving their chair".
"The then-biological CM of Gujarat had run a loud campaign against the depreciation of the rupee vis-a-vis the dollar in 2014 even resorting to personal attacks on Prime Minister Manmohan Singh to score political points. On 16 May, 2014, the rupee closed at Rs 58.58 per USD.
"Ten years later, the rupee has touched an all time-low of 85.27 per USD. The INR has achieved the ...

Jairam Ramesh, Jairam

After successfully exporting trial shipments of fresh bananas to countries like the Netherlands through sea route, India is now targeting to increase exports of the fruit to Russia, an official said on Monday.
India has set a target of USD 1 billion banana exports in the coming years. At present, exports of most of the fruits, including banana, from India are happening by air route because of lower volumes and different ripening periods.
To increase vo?lumes, India is developing sea protocols for fresh fruits and vegetables like bananas, mangoes, pomegranates, and jackfruit to promote their exports through ocean routes.
The Agricultural and Processed Food Products Export Development Authority (APEDA), along with other stakeholders, has developed these protocols for bananas. APEDA is an arm of the commerce ministry.
"We are targeting Russia to increase banana exports. We are going to participate in buyer-seller meets in Russia," APEDA Chairman Abhishek Dev said.
He said India expor

banana

The rating agency's arm said that India's recent consumer price inflation at around 5 per cent was without clear evidence of a trend towards slowing price pressures

Most GCCs in India support critical business goals by using AI, data analytics, robotic process automation, and cloud services

India ranked third globally in terms of funding raised by fintech companies, behind the US and China, the report said

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Lupin acquires Huminsulin from Lilly to strengthen diabetes portfolio

Cong attacks Centre over depreciation in value of rupee against dollar

India targeting Russia to boost banana exports to $1 bn: APEDA chairman

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Stock Market Closing Highlights: Sensex sheds 451pts, Nifty ends at 23,645; Banking, Auto shares dip

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