Macquarie seeks funds to build EV leasing co

Macquarie seeks funds to build EV leasing co

Macquarie Group, one of the largest foreign infrastructure investors in India, is in talks with commercial investors to raise $205 million to set up an electric vehicle (EV) leasing and finance company, said two people aware of the development....

Global EV shipments up 79% YoY in Q1, Tesla leads: Report

Global EV shipments up 79% YoY in Q1, Tesla leads: Report

With Tesla registering phenomenal growth over a year, the electric vehicle (EV) shipments grew 79 per cent year-on-year (YoY) in the first quarter of 2022 to reach 1.95 million units, says a new report. According to market research firm...

Systra JV wins General Consulting contract of RRTS Corridor

Systra JV wins General Consulting contract of RRTS Corridor

The joint venture lead by Systra, one of world's leading engineering and consulting groups specialised in public transport and mobility solutions headquarters in France earned General Consulting contract of National Capital Region Transport...

R Dinesh elected President Designate of CII for 2022-23

R Dinesh elected President Designate of CII for 2022-23

At a meeting of CII National Council held here on Thursday, R. Dinesh, Executive Vice Chairman, TVS Supply Chain Solutions, has been elected as President Designate for 2022-23. He has been the Chairman of CII Southern Region during 2018-19 and...

RBI's measures to boost forex inflows may not increase inflows, but prevent speculative attacks

RBI's measures to boost forex inflows may not increase inflows, but prevent speculative attacks

The Reserve Bank of India's (RBI) move to relax regulations to boost foreign exchange inflows will not have any material change in receipts, but certainly helpful in directional forex signalling to speculators, said Emkay Global Financial...

India says Big Tech must obey law of the land as Twitter goes to court

India says Big Tech must obey law of the land as Twitter goes to court

The Indian government on Tuesday said that all Internet intermediaries and social media platforms have to comply with the law of the land, after Twitter moved the Karnataka High Court against its order to take down some content on its platform....

Small-cap indices witness sharp correction from the highs of Oct'21

Small-cap indices witness sharp correction from the highs of Oct'21

Small-cap indices have corrected sharply from the highs of October 2021. While the Nifty-50 declined 15 per cent from its October 2021 peak against a 20 per cent decline in midcaps and 28 per cent decline in smallcaps, the broader market has...

Balance in $800 mn round 'expected soon', Aakash payments closed: BYJU'S

 Balance in $800 mn round 'expected soon', Aakash payments closed: BYJU'S

After reports surfaced that BYJU'S is yet to receive funds from US-based Sumeru Ventures, founded by spiritual leader Sri Sri Ravi Shankar, the edtech giant said on Monday that most of the funds have been received while the rest is on track....

Public sector banks shut down 2,044 branches in FY22:AIBEA

Public sector banks shut down 2,044 branches in FY22:AIBEA

Indian government-owned banks saw a reduction of 2,044 branches and about 13,000 employees in 2022 over the previous year, a major bank employees union said in Sunday. On the other hand, the number of branches of private banks went up by 4,023...

Top Five Major Consultancy Services Start-Ups Need to Thrive

Top Five Major Consultancy Services Start-Ups Need to Thrive

Entrepreneurs want to develop and execute their brand or services in such a way that helps them reap better profits. At the beginning of their professional career, every start-up owner has to go through a chaotic phase. As most entrepreneurs will...

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