Ola Electric, India’s leading electric vehicle (EV) manufacturer, has achieved a significant milestone by becoming the first two-wheeler EV maker in the country to qualify for incentives under the Production Linked Incentive (PLI) Scheme for Automotive and Auto Components. The company has been granted a total incentive of ₹73.7 crore for its determined sales value…
India’s retail sector experienced a significant slowdown in new store openings in 2024, with major players like Reliance Retail, Tata’s Trent, Aditya Birla Fashion & Retail, and DMart adopting a cautious expansion strategy. Data revealed that only three new stores were added daily on average in 2024, a steep decline from ten per day in…
Adani Enterprises, the flagship company of the Adani Group, has garnered significant market attention following a major block deal by Abu Dhabi-based IHC Capital Holding. The diversified investment group sold 84.48 lakh shares, equivalent to a 0.73% stake in Adani Enterprises, for ₹1,832 crore through open market transactions on Wednesday. Details of the Transaction The…
French President Emmanuel Macron has called on European nations to bolster their defense capabilities and prepare to defend Ukraine independently, citing uncertainties over continued U.S. support. Speaking during a prime-time address from the Élysée Palace on Wednesday, Macron emphasized the need for Europe to strengthen its military posture in the face of escalating Russian aggression….
The United Kingdom and Ireland are set to embark on a new chapter of bilateral relations with the signing of a wide-ranging programme of enhanced co-operation at the inaugural UK-Ireland Summit in Liverpool. The summit, led by British Prime Minister Keir Starmer and Irish Taoiseach Micheál Martin, marks the beginning of a series of annual…
The Medical Counselling Committee (MCC) has officially begun the registration process for the NEET PG 2024 special stray vacancy round. This additional round aims to fill the remaining vacant seats left unoccupied after the previous counselling rounds. Eligible candidates can now register and participate through the official MCC website, mcc.nic.in. Eligibility Criteria To be eligible…
Shares of Castrol India witnessed a significant surge of over 13% on Thursday following reports that Saudi Aramco, the world’s largest oil company, is considering a potential bid for BP’s lubricant business, which operates under the Castrol brand. Market Performance Castrol India’s stock climbed 13.36% to ₹252 per share on the Bombay Stock Exchange (BSE)…
Gensol Engineering, a leading player in the clean energy sector, has issued a statement addressing recent allegations of document falsification and concerns over promoter share pledges. The company’s Chairman and Managing Director, Anmol Singh Jaggi, reassured stakeholders of Gensol’s commitment to financial stability and transparency. Allegations and Rating Downgrade The controversy arose after rating agencies…
South African batter David Miller etched his name in the history books during the ICC Champions Trophy 2025 semi-final against New Zealand at Lahore’s Gaddafi Stadium. Despite South Africa’s 50-run defeat, Miller’s heroic knock of 100* off just 67 balls shattered Virender Sehwag’s 23-year-old record for the fastest century in Champions Trophy history. A Record-Breaking…
Bayern Munich delivered a commanding performance in the UEFA Champions League Round of 16 first leg, defeating Bayer Leverkusen 3-0 at the Allianz Arena on Wednesday. England captain Harry Kane was the star of the night, scoring twice to guide the Bavarians to a crucial victory. Kane Ends Goal Drought with a Brace Harry Kane,…
