Servotech has teamed up with Watt & Well to design and manufacture EV charger components in India. The partnership will focus on producing a 30kW Power Module and assess V2G tech for the Indian market. Develop, Manufacture, and Sell EV Charger Components in India Servotech Renewable Power System, a prominent provider of sustainable energy solutions …
Passenger vehicle sales are projected to grow by 1%-4% in FY26, supported by SUV demand and EV launches. Despite tax reliefs and a repo rate cut, entry-level car sales remain sluggish due to affordability issues. Passenger Vehicle Sales Expected to See Modest Growth in FY26 Passenger vehicle sales in FY26 are expected to grow in …
India’s market regulator, the Securities and Exchange Board of India (SEBI), is seeking expanded authority from the government to tackle unregulated financial advice spreading across social media platforms such as WhatsApp and Telegram. According to a news report, SEBI has requested the ability to remove misleading financial content and access call records for market violation …
The Reserve Bank of India (RBI) has introduced RBIDATA, a mobile application aimed at enhancing public access to macroeconomic and financial data. The app is designed to offer a user-friendly interface with interactive visual elements, making complex economic data more accessible and comprehensible for a wider audience. A Vast Repository of Economic Data RBIDATA provides …
In a significant diplomatic and economic milestone, India and Qatar have decided to elevate their bilateral ties to a “strategic partnership.” This decision was announced following talks between Indian Prime Minister Narendra Modi and Qatar’s Amir Sheikh Tamim bin Hamad Al Thani during the latter’s visit to New Delhi on Tuesday. Prime Minister Modi, in …
The Adani Group, led by Gautam Adani, as per news reports has announced a substantial philanthropic initiative aimed at transforming the education landscape in India. The conglomerate has pledged ₹2,000 crore to construct at least 20 schools across the country. This forms part of the ₹10,000 crore charity commitment made during the wedding of Gautam …
The state-owned telecom services provider BSNL has recently released its results for the quarter and nine months ended December 31, 2024. BSNl posted an improvement in financial performance on the back of ongoing efforts by both the management and the Government. These efforts have focused on enhancing the company’s top-line growth through expanding business operations …
A groundbreaking discovery by Chinese scientists has led to the creation of an artificial diamond that surpasses natural diamonds in strength and heat resistance. This new form, known as hexagonal diamond or lonsdaleite, has long been theorised to be harder than traditional diamonds but has remained difficult to synthesise in the lab. Recent advancements in …
Understanding REITs and InvITs Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs) are investment vehicles that pool funds from investors to invest in income-generating real estate and infrastructure projects, respectively. These trusts are listed on stock exchanges, enabling investors to trade shares like regular stocks. They offer an opportunity to invest in large-scale …
The Securities and Exchange Board of India (SEBI) has revoked the registrations of 19 Foreign Venture Capital Institutions (FVCIs) after finding that they had violated capital market regulations. Among the entities affected are Blackstone Capital (Singapore) and Axis Capital (Mauritius). Non-Compliance with Reporting Obligations SEBI’s investigation revealed that these institutions had become defunct and were …
