EV startup Mecwin India to set up Rs 50 cr manufacturing plant in Bengaluru

EV startup Mecwin India to set up Rs 50 cr manufacturing plant in Bengaluru

Saturday, 25 June 2022 | PTI | Bengaluru

Electric vehicle startup Mecwin India on Friday said it is going to invest Rs 50 crore for setting up a manufacturing plant here for EV motors and controllers. The facility will cater to the demand for indigenous mid drive and hub motors along with controllers from EV Original Equipment Manufacturers in...

RBI exploring options to ensure customer safety dealing with PPIs issued by non-bank entities

Saturday, 25 June 2022 | PTI | New Delhi

 The Reserve Bank is considering various options to ensure that customers are not put at risk on account of activities of non-bank fintech players with regard to prepaid payment instruments (PPIs), sources said. Earlier this week, RBI issued an advisory clarifying that non-bank prepaid payment instrument (PPI) issuers cannot load their...

Monetary policy actions to be more moderate than other nations: RBI

Saturday, 25 June 2022 | PTI | New Delhi

RBI Deputy Governor Michael Debabrata Patra on Friday exuded confidence that the monetary policy actions will be more moderate than the rest of the world, as inflation is expected to fall below 6 per cent in the January-March quarter of the current fiscal. The Reserve Bank has already raised the key...

Automobiles in India to be accorded 'Star Ratings' based on performance in crash tests: Gadkari

Automobiles in India to be accorded 'Star Ratings' based on performance in crash tests: Gadkari

Friday, 24 June 2022 | PTI | New Delhi

Union minister Nitin Gadkari on Friday said the new car assessment program -- Bharat NCAP, proposes a mechanism wherein automobiles in India shall be accorded 'Star Ratings' based upon their performance in crash tests. In a series of tweets, Gadkari said the Bharat New Car Assessment Programme (Bharat NCAP) will serve...

Sensex climbs 644 points in early trade amid firm global market trends

Sensex climbs 644 points in early trade amid firm global market trends

Friday, 24 June 2022 | PTI | Mumbai

Equity benchmark indices continued to gain on Friday, with the BSE Sensex climbing 644 points in early trade, mirroring a firm trend in the global markets. The 30-share BSE Sensex was trading with a jump of 644.15 points to 52,909.87 in early trade. The NSE Nifty also gained 192.6 points to...

Sensex, Nifty rebound nearly 1 pc on gains in auto, IT stocks

Sensex, Nifty rebound nearly 1 pc on gains in auto, IT stocks

Friday, 24 June 2022 | PTI | Mumbai

Equity benchmark indices Sensex and Nifty bounced back on Thursday to close higher by nearly 1 per cent on gains in banking, IT and auto shares amid mixed global trends. The 30-share BSE Sensex rose by 443.19 points or 0.86 per cent to settle at 52,265.72. During the day, it rallied...

BUSINESS BRIEFS

Friday, 24 June 2022 | PTI

Hira Nand takes over as Dir (Finance) of NFL Hira Nand has taken over as Director (Finance) of National Fertilizers Limited (NFL). Prior to this, Nand was Executive Director (F&A) in company. Nand is also on the board of NFL's JV Ramagundam Fertilizers and Chemicals Ltd. (RFCL). A cost and management...

BIS issues performance standards for electric vehicle batteries

Friday, 24 June 2022 | PTI | New Delhi

The Bureau of Indian Standards (BIS) has come out with performance standards for electric vehicle batteries in order to ensure the safety of consumers, a senior consumer affairs ministry official said on Thursday. BIS, the national standards-setting body that functions under the consumer affairs ministry, has published the "performance standards for...

Sunday Edition

Religious Interactions – A Reappraisal

26 June 2022 | Susan Mishra | Agenda

A search for self-fulbillment

26 June 2022 | Navin Upadhyay | Agenda

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The art of job-hunting

26 June 2022 | Deepak Kumar Jha | Agenda

Astroturf | Adapt fresh methods proven by research for clear lead

26 June 2022 | Bharat Bhushan Padmadeo | Agenda

Indo-Pacific Eco Framework: Concept to strategy

26 June 2022 | Vivek Mishra/ Mrityunjaya Dubey | Agenda