Articles for Business News

Hero Electric Again Forays Into Hybrid Sales Model

Hero had first tried its hybrid sales model during the Covid-19 times but later withdrew due to capacity not being able to catch up to the showroom sales.

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Reliance, Ola Electric, Rajesh Exports To Build Batteries In India

The companies were among four bidders selected by the government in March to build a total of 50 gigawatt hours (Gwh) of battery storage capacity under a production-linked incentive programme.

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Toyota Kirloskar Motor Clocks Highest Ever Wholesales With 19,693 Units In July

Last month also witnessed Toyota Kirloskar Motor's highest ever wholesales in a single month.

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BMW Remains The Most Popular Pre-Owned Luxury Car Brand: Olx Autos

The supply of luxury cars across Tier 1 cities recorded a growth of 40 per cent on Olx Autos, while Tier 2 registered a growth of 45 per cent in H1 2022, compared to the same period of the previous year (H1 2021).

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MG Motor India Reports Retail Sales Of 4.013 Units In July

The company is also gearing to launch the Next-Gen Hector by the end of 2022.

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Multi-Modal Transit App, Tummoc Expands Its Services In Six More Cities

We are planning to add a total of 30 cities by the end of the year, in addition to implementing ticketing/pass booking systems, said Hiranmay Mallick, Co-founder & CEO of Tummoc.

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Mahindra Logistics Q1 Profit Soars 4-Fold On Higher Revenue

During the quarter, the supply chain management vertical clocked a revenue of Rs 1,142.74 crore against Rs 840.07 crore in the year-ago period, while the enterprise mobility services segment garnered revenue of Rs 57.16 crore compared to Rs 43.13 crore in the year-ago quarter.

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India Used Far Less Than Its Share Of Global Carbon Budget: Govt

According to India's third Biennial Update Report submitted to the United Nations Framework Convention on Climate Change (UNFCCC) in February 2021, the country's net greenhouse gas emissions for 2016 stood at 2.5 billion tonnes.

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Ashok Leyland Expects Commercial Vehicle Industry To Grow In Coming Quarters

Bullish on the future of green mobility, Ashok Leyland has lined up a Rs 500 crore investment to develop powertrains based on alternative fuels like CNG, hydrogen and electric for its commercial vehicles range.

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Hyundai Motor Group Plans To Raise Stake In Startup: Reports

The Seoul-based automaker plans to introduce more than 31 electric models through 2030 to secure a projected 12 per cent of the global electric vehicle market.

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