Hero Moto will invest Rs 1,000 crore in its electric vehicle business. The company plans to launch new electric scooters and motorcycles through partnerships including American brand Zero. Currently, electric scooters lead in the market, but motorcycles are expected to have a 10% electric share by 2030. Hero has a joint initiative with Ather for a shared charging ecosystem.
For more such web stories click on the ET icon below
Top 10 places in delhi to celebrate republic day 2025
The BJP has announced nine additional candidates for the 70-member Delhi Assembly elections, including Shikha Rai for Greater Kailash and Anil Vashishth for Babarpur. Rai will face AAP minister Saurabh Bharadwaj, while Vashishth will compete against AAP minister Gopal Rai.
India's startup ecosystem has rapidly grown over the past two decades, becoming the third-largest globally with over 100 unicorns. Key factors such as rising venture capital, a digitally-savvy population, and innovation culture have fueled growth in cities like Bengaluru and Delhi-NCR. Government initiatives and impressive funding trends forecast continued expansion and more unicorns by 2030.
As sugar is a state subject, mills have to follow state government policies when it comes to buying sugarcane from farmers. This brings politics into the picture, something that had messed up the whole industry. But, in the past few years, the Union government has played a role in pulling the sector out of this mess. Today, from being agro-companies, they are also a part of the clean energy ecosystem. This is thanks to ethanol blending in petrol actually happening, and not just happening on paper, as used to be the case before 2014. Читать дальше...
A group of 101 farmers will resume their march to Delhi on January 21 to demand a legal guarantee for minimum support prices for crops. This move follows several unsuccessful attempts and comes as 111 farmers have started a fast-unto-death in Haryana. The central government has not agreed to the farmers' demands despite ongoing protests.
Prime Minister Narendra Modi will inaugurate the Bharat Mobility Global Expo 2025, showcasing over 100 launches in automobiles and components with a focus on sustainability and innovation. The event includes major unveilings by companies like Maruti Suzuki, Hyundai, Mercedes-Benz, and BMW, hosted across three venues.
The Nifty Pharma index closed 0.29 per cent at 21909.75.
8th Pay Commission announced: The Union Cabinet has approved setting up the 8th Pay Commission to review and revise the salaries of central government employees. The new pay commission will boost the salaries of current government employees as well as pensions received by central government pensioners. Read on to know how much salary hike central government employees can expect.
India ranks 25th globally in preparing its job market for future skills like AI, digital, and green technologies, according to the QS World Future Skills Index. The country's strong venture capital funding and dynamic investment ecosystem enhance its readiness for AI integration. However, improvements are needed in higher education, industry collaboration, and sustainability practices.
Bank of Maharashtra plans to further raise capital to reduce government holding below 75% and comply with Sebi's MPS norms. Currently, the government's stake is 79.6%. The bank reported a 36% increase in net profit to Rs 1,406 crore for Q3FY25, with a 19.37% growth in Net Interest Income and improved asset quality indicators.
Infosys Q3 Results: India's second-largest IT services exporter reports an 11% year-on-year growth in consolidated net profit to Rs 6,806 crore, with revenue from operations increasing by 8% to Rs 41,764 crore. The company has raised its revenue guidance for the current fiscal year to 4.5%-5%.
Infosys, India's second-largest IT services exporter, reports an 11% year-on-year growth in consolidated net profit to Rs 6,806 crore, with revenue from operations increasing by 8% to Rs 41,764 crore. The company has raised its revenue guidance for the current fiscal year to 4.5%-5%.
Prime Minister Narendra Modi approved the creation of the eighth Central Pay Commission to revise the salaries and pensions of government employees, set to be established by 2026. This decision ends speculation of discontinuing the pay commission system. The seventh commission's term concludes in December 2025.
Wall Street Pepe, Solaxy, Best Wallet, and Meme Index are four emerging cryptocurrencies with unique solutions and considerable growth potential. Wall Street Pepe aims to empower small investors, Solaxy enhances Solana's speed and efficiency, Best Wallet offers comprehensive asset management, and Meme Index simplifies meme coin investments across four risk profiles. Their presales have attracted significant interest and investment.
Nearly 26 stocks recorded over 1 crore share additions in December.
Indonesian President Prabowo Subianto will be the chief guest at India's 76th Republic Day celebrations on January 26, marking his first visit to India as president. The Ministry of External Affairs (MEA) highlighted Indonesia's role as a key partner in India’s Act East Policy and Indo-Pacific vision.
New obesity criteria for Indians now include waist circumference and waist-to-height ratio. Abdominal obesity is indicated when waist exceeds 80cm for women and 90cm for men. Research highlights the inadequacy of BMI alone. The guidelines help detect and treat obesity early. They also differentiate between harmless and serious obesity requiring medical intervention.
Over the past two years, Waaree Technologies shares delivered a 150.41% return. However, the stock has faced sharp declines, dropping 59% in the last year, 68.9% over six months, and 56.9% in three months, according to BSE Analytics, reflecting a significant downturn in recent performance despite earlier gains.
Japan's Suzuki Motor Corporation plans to enter the electric small car segment after learning from their first EV, SUV e VITARA, which will debut in India, Suzuki's production hub. Maruti Suzuki India anticipates India's significant future demand for affordable small cars as people upgrade from two-wheelers. India will also serve as Suzuki's export hub.
Japan's Suzuki Motor Corporation plans to enter the electric small car segment after learning from their first EV, SUV e VITARA, which will debut in India, Suzuki's production hub. Maruti Suzuki India anticipates India's significant future demand for affordable small cars as people upgrade from two-wheelers. India will also serve as Suzuki's export hub.
Tech Mahindra's Q3FY25 revenue is projected to increase by 0.7% to 2.6% YoY, with adjusted net profit potentially rising by 42% to 102%. Analysts focus on communications, media & entertainment (CME), and BFS verticals for growth and margin improvement, with varying recommendations from major brokerages.
Supercoder has also strengthened its presence by offering on-site opportunities in India, enhancing cross-border collaboration.
Axis Bank Q3 Results: The lender reported interest income of Rs 30,954 crore in Q3 FY25, an 11% increase from Rs 27,961 crore in the same period last year. It reported Rs 30,954 crore in interest income for Q3 FY25, an 11% rise from Rs 27,961 crore in the same period last year. Interest expenses grew 12% to Rs 17,348 crore from Rs 15,429 crore. Sequentially, PAT declined 9% to Rs 6,918 crore compared to Q2 FY25.