Is the EV transition sustainable amidst global pressures? Sachin Tikekar explains
There are a couple of off-highway and truck OEMs that we are working with now, where we think that they can add to our T25 client list in the near to immediate future.
There are a couple of off-highway and truck OEMs that we are working with now, where we think that they can add to our T25 client list in the near to immediate future.
Uttarakhand Finance Minister Premchand Aggarwal stated that the GST Council did not reach a decision on imposing 18 per cent GST on payment aggregators for transactions under Rs 2,000. The matter will be reviewed by the fitment committee. Additionally, the issue of GST on Research and Development will also be referred to the committee. Aggarwal announced a reduction in GST on religious helicopter travel from 18 per cent to 5 per cent.
The Supreme Court has ordered the immediate removal of victim photos from social media and mandated doctors to return to work by tomorrow 5 PM. The court raised concerns about the post-mortem report in a rape and murder case, directing the CBI to submit an updated status report next week.
From a pool of top-performing midcaps with gains between 70% and 150%, we've identified 12 standout stocks. Impressively, four of these have even achieved multibagger status.
French retailer Carrefour is set to re-enter India through a franchise partnership with Apparel Group. The initial focus will be on North India, with the first stores opening in the NCR Region by 2025. Carrefour aims for nationwide expansion as part of its International Partnership 2026 development plan.
The Delhi government has banned the production, sale, and use of firecrackers in the national capital to control air pollution during the winter season. The ban, which includes online sales and deliveries, will be enforced until January 1, 2025. An action plan involving multiple agencies will ensure strict implementation.
The Indian Institute of Technology Kanpur has launched 'Sathee CUET', an online platform for students preparing for the Common University Entrance Test. Developed in collaboration with the Ministry of Education, it offers free educational resources including recorded lectures, live sessions, and practice questions. The platform uses AI-driven analytics to monitor progress and identify areas for improvement.
A 58-year-old man from Haikou, China, discovered a cockroach lodged in his trachea after experiencing an unusual stale odor and coughing up yellow sputum. A chest CT scan and bronchoscopy confirmed the presence of the insect, which was successfully removed by Dr Lin Ling at Hainan Hospital. The patient made a full recovery.
A recent analysis by CRISIL Ratings, which examined 58 gold jewellery retailers representing a third of the organised sector's revenues, indicates that the sector will benefit from improved working capital management.
Defence personnel and artillery from over thirty nations will participate in Australia's largest warfare exercise, Kakadu 2024. The event, which includes warships, helicopters, and maritime patrol aircraft, will see more than three thousand personnel in action. Vice Admiral Mark Hammond emphasized the importance of camaraderie and interoperability among participating forces. The exercise aims to enhance regional cooperation through trusted partnerships and will feature a multinational Exercise Control element at RAAF Base Darwin.
Maruti Suzuki India MD and CEO Hisashi Takeuchi emphasised the need for the automotive industry to become self-reliant in producing electronic parts, particularly semiconductors. Speaking at the 64th annual ACMA session, he highlighted the importance of innovation, local market understanding, and collaboration across the value chain to integrate advanced features affordably and reduce dependency on imports.
A long buildup happens when open interest and trading volumes rise along with the underlying stock price in the Futures and Options segment, indicating a bullish market trend.
A total of 477,014 shares changed hands on the counter till 02:09PM (IST).
Bajaj Housing Finance's IPO, raising Rs 6,560 crore, has minimal impact on Bajaj Finance's valuations, according to Emkay Global. They maintain a 'buy' rating with a target price of Rs 9,000.
Eyestem Research has completed the first set of patient injections for its RPE suspension therapy aimed at treating Dry age-related macular degeneration (AMD).
SA Technologies has proudly opened its Global Capability Center (GCC) in Pune, India, marking a significant milestone in the company’s pursuit of global operational excellence. This strategic expansion is designed to support their global client Tendable, which fosters innovation in healthcare solutions and continues to grow its international reach. SA Technologies' leadership as a premier IT consulting, offshore, and GCC service provider reinforces their commitment to delivering innovative and cutting-edge solutions.
West Bengal Chief Minister Mamata Banerjee denied offering money to the family of a deceased doctor who was raped and murdered in Kolkata. She emphasized her government's support for the family. The Supreme Court flagged lapses in the postmortem report and directed the CBI to submit a fresh status report by September 18, 2024.
PDP president Mehbooba Mufti accused jailed MP Sheikh Abdul Rashid's Awami Ittehad Party of being a proxy for the BJP. She warned people in Jammu and Kashmir against such parties, following an alleged attack on PDP candidate Yawar Shafi Banday by AIP workers. Mufti questioned the resources and support behind AIP.
Bank of America, the most conservative among Wall Street's brokerages on the size of the Federal Reserve's expected interest rate cuts this year, has raised its forecast to match most of its peers after the recent nonfarm payrolls data.
India's adoption of electric vehicles is progressing, with significant strides in the three-wheeler segment where EVs make up 53.61% of new sales in 2024. Two-wheelers and buses also show promise, while four-wheeler EV adoption remains low. Goa leads in state-wise EV penetration.
The stock quoted a 52-week high of Rs 2284.15 and a 52-week low of Rs 1266.0.
This suggests that more traders anticipate a price drop and are building short positions.