<ul><li>Rising fuel prices have increased the country’s popularity of electric and hybrid cars.</li><li>Tata Motors, Volvo, and MG are among the companies expected to launch their electric and hybrid cars this month.</li><li>This post lists the upcoming electric and hybrid cars expected to launch in India.</li></ul>Electric and hybrid cars have become popular over the years thanks to rising fuel prices, more EV options and government subsidies. Also, the improved EV technology has helped increase the range and lower charging times, making them more practical for Indian roads. Automakers are now launching electric and hybrid car models quite frequently and it is only going to increase over time. Automakers like Tata Motors, Volvo, Nissan, and MG are among the companies that are expected to launch new electric and hybrid cars in the country this year. This list looks at some of the electric cars expected to launch in India <table style="border-width: initial; border-style: none;" class="redcator-table-advance"></colgroup><tbody><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Car model </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Expected price </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Expected launch date </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Mg comet EV </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">₹ 10 Lakh </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">19 April 2023 </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Tata Punch EV </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">₹ 12 Lakh </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">September 2023 </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Tata Altroz EV </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">₹ 14 Lakh </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">No information </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Volvo C40 Recharge </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">₹ 60 Lakh </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Late 2023 </td></tr></tbody><tbody></tbody></table><h3 style="line-height:1.38;margin-top:16pt;margin-bottom:4pt;">MG Comet EV</h3>MG has announced the launch of the MG Comet EV in India. The MG Comet EV is a rebadged version of the Wuling Air EV sold in the Indonesian market. It is expected to be launched on April 19, 2023, and priced at around ₹10 lakh, making it one of the most affordable cars in the electric car segment. The Comet EV will have a boxy design that maximizes passenger space. <h3 style="line-height:1.38;margin-top:16pt;margin-bottom:4pt;">Tata Punch EV</h3>Tata is actively launching its cars in the electric market. After the Tiago EV, Tata is expected to launch the Punch in the EV market. The Punch is expected to retain much of its looks from the petrol variant. Tata is expected to launch the Punch in September 2023 at an expected price of ₹12 lakh. We can expect the Tata Punch EV to offer two battery packs, one for its medium range and another one for the long range. <h3 style="line-height:1.38;margin-top:16pt;margin-bottom:4pt;">Tata Altroz</h3>The Altroz is a premium range hatchback, and now Tata is expected to launch the Tata Altroz in the electric car segment. The Altroz is expected to borrow features from the Tata Nexon EV, like the electric powertrain and PDU (Power Distribution Unit). Tata is very tight-lipped about the Tata Altroz EV launch date, so we do not have any expected launch date. However, the Altroz EV is expected to be launched at around ₹14 lakh. <h3 style="line-height:1.2;margin-top:16pt;margin-bottom:4pt;">Volvo C40 Recharge</h3>The Swedish luxury car company has confirmed the launch of the Volvo C40 Recharge in late 2023. The C40 Recharge will be the second electric car from Volvo. Globally, the C40 Recharge is available in two variants: the Single Motor Drive and the Twin Motors, and both are expected to be launched in India. Volvo India is focusing on increasing its electric car market. The C40 Recharge is expected to be launched at a price range of around ₹60 lakh. This list looks at some of the electric cars expected to launch in India <table style="border-width: initial; border-style: none;" class="redcator-table-advance"></colgroup><tbody><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Car model </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Expected price </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Expected launch date </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Maruti Suzuki C-MPV </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">₹ 20 Lakh </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Late 2023 </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Nissan X-Trail </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">₹ 40 Lakh </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Mid 2023 </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Nissan Qashqai </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">₹ 30 Lakh </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Late 2023 </td></tr></tbody><tbody></tbody></table><h3 style="line-height:1.38;margin-top:16pt;margin-bottom:4pt;">Maruti Suzuki C-MPV</h3>Maruti Suzuki plans to launch a rebadged version of the Toyota Innova Hycross in India. The C-MPV is expected to have a 2L engine, which Toyota's hybrid technology will power. The car can offer an impressive mileage of 22 kmpl. Maruti Suzuki may launch the C-MPV in late 2023 at an expected price of around ₹20 lakh. <h3 style="line-height:1.38;margin-top:16pt;margin-bottom:4pt;">Nissan X-trail</h3>Nissan recently unveiled the fourth generation of the X-Trail. The Nissan X-Trail is expected to be launched in mid-2023. The X-Trail is an SUV by Nissan that will have two variants of hybrid systems: Strong Hybrid and Mild Hybrid. The car is expected to be launched at around ₹40 lakhs. <h3 style="line-height:1.38;margin-top:16pt;margin-bottom:4pt;">Nissan Qashqai</h3>The Nissan Qashqai is an SUV based on the CMF-C platform, which was jointly developed by Renault and Nissan. The Qashqai is expected to have a 1.3L petrol engine supported by a Mild-Hybrid power motor. The car is expected to be launched at around ₹30 lakhs. The Qashqai is expected to be launched after the Nissan X-Trail so we can expect its launch in late 2023 or early 2024.

Best upcoming electric and hybrid cars in India

<ul><li>Shares of <keyword id="42747" type="General" weightage="20" keywordseo="tata-motors" source="Orion">Tata Motors</keyword> surged almost 4% on Monday as the automaker has now become the second largest car seller in India.</li><li>Tata Motors has surpassed <keyword id="596" type="General" weightage="20" keywordseo="hyundai" source="Orion">Hyundai</keyword> in terms of sales growth in December.</li><li>It is also the highest ever monthly sales for the Mumbai-based car manufacturer in December 2021.</li></ul>Tata Motors’ shares are on a high on the first day of trading this year, with its share price rising as much as 4% on excitement of the company achieving the tag of the ‘second largest car maker in the country’ beating Hyundai. The Mumbai-based company has surpassed Hyundai, who was the second largest auto seller until now, in terms of car sales in December. With the likes of Nexon, Tiago, Tigor and Harrier and several others, the automaker has recorded the highest ever monthly sales in December. <table style="border-width: initial; border-style: none; table-layout: fixed; width: 468pt;" class="redcator-table-advance"></colgroup><tbody><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Car manufacturers </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Domestic December sales 2021 </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Year-on-Year % change </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Maruti Suzuki </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">1,53,149 </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">-4% </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Tata Motors (PV) </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">35,299 </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">50% </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Hyundai </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">32,312 </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">-32% </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Mahindra &amp; Mahindra (CV + PV + 3-wheeler) </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">36,140 </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">10% </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Toyota </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">10,832 </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">45% </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Honda </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">7,973 </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">-8% </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Kia </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">7,797 </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">-34% </td></tr></tbody><tbody></tbody></table>Note: CVs are commercial vehicles and PVs are passenger vehicles. However, the South Korean car maker Hyundai is still ahead of Tata Motors if we add the sales of both Hyundai and <keyword id="6372046" type="General" weightage="20" keywordseo="kia" source="Orion">Kia</keyword>, which is also owned by Hyundai. The car maker managed to sell a higher number of cars despite witnessing a shortfall in production due to the ongoing semiconductor crisis. “The ever-increasing demand for Nexon EV and Tigor EV as well as progressive revival of the EV [electric vehicles] fleet segment were instrumental in driving this steep growth,” said Shailesh Chandra, president of passenger vehicles business unit at Tata Motors in an exchange filing. <div type="image" title="tata motor" height="900" width="1200" msid="88660301" hostid="261"></div>Good demand on the newly launched Tata Punch also helped the company boost its overall sales. “The overwhelming market response to Tata Punch launched in October 2021 is further boosting demand for the company’s “New Forever” range of cars and SUVs [sports utility vehicles],” added Chandra. Not to forget, the company’s booming electric vehicle business, which is adding to the excitement around electric cars. The company recorded a new sales peak of 5,592 units of electric vehicles in the third quarter of FY22, which is a growth of 345% year-on-year. However, the excitement around the rising sales may not remain long as the company admits it is cautious as the semiconductor shortage continues along with rising covid cases. “Going forward, we expect the situation to remain fluid as the semiconductor shortage continues, instances of COVID begin to rise and underlying demand continues to remain under pressure,” said Girish Wagh, executive director at Tata Motors in an exchange filing. 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Tata Motors’ stock at nearly two-month high after selling more cars than Hyundai in December

Consumer electronics maker <keyword id="19897758" type="General" weightage="20" keywordseo="Samsung" source="keywords" meta.keywordsubtype="org" meta.entityname="Samsung" meta.hostid="261" meta.entityid="Samsung">Samsung</keyword> <keyword id="19895063" type="General" weightage="20" keywordseo="India" source="keywords">India</keyword> on Wednesday announced the launch of a range of <keyword id="20097714" type="General" weightage="20" keywordseo="AI-powered" source="keywords">AI-powered</keyword> <keyword id="20704535" type="General" weightage="20" keywordseo="home-appliances" source="keywords">home appliances</keyword> and said it aims to exceed customers' expectations in the fast-growing premium <keyword id="20269097" type="General" weightage="20" keywordseo="appliances" source="keywords">appliances</keyword> market. The new range of appliances with <keyword id="20212398" type="General" weightage="20" keywordseo="bespoke" source="keywords">bespoke</keyword> AI (artificial intelligence) will ensure smarter living for Indian homes and reduce energy consumption, contributing to a greener planet, the company said. "With our bespoke AI-powered home appliances, consumers will be able to customise their choices, get easy controls for elders and kids, and get seamless diagnosis for their home appliances. "With the transformative power of AI, we are confident that bespoke AI will strengthen our leadership in the digital appliances market in India," said J B Park, President &amp; CEO, Samsung Southwest Asia. Samsung's bespoke appliances include refrigerator, air-conditioner, microwave and washing machine, which are powered by AI. These appliances with in-built internet connectivity, cameras and AI chips will help consumers manage these products through SmartThings app. Samsung claimed these appliances optimise energy savings using AI algorithm based on usage patterns and save up to 10 per cent energy in refrigerators, up to 20 per cent in air-conditioners and up to 70 per cent in washing machines. Samsung India Senior Director, Digital Appliances, Saurabh Baishakhia said: "With AI appliances, our objective is to further strengthen our premium portfolio and increase our share in the premium appliances segment." SEE ALSO: <a href="https://www.businessinsider.in/business/auto/news/electric-scooters-get-a-price-hike-of-up-to-16000-as-fame-subsidy-ends/slidelist/109136771.cms">Electric scooters get a price hike of up to ₹16,000 as FAME subsidy ends</a> <a href="https://www.businessinsider.in/business/auto/news/ather-rizta-electric-scooter-launched-in-india-starting-at-rs-109999/articleshow/109128809.cms">Ather Rizta launched in India as the Hero MotoCorp-backed EV forays into the family scooter segment</a> <a href="https://www.businessinsider.in/business/auto/webstories/top-selling-cars-in-india-in-march-2024/slidelist/109066534.cms">Top selling cars in India in March 2024 – Tata Punch leads the pack</a>

Samsung launches AI-powered home appliances range

<keyword id="19896871" type="General" weightage="20" keywordseo="air-india" source="keywords">Air India</keyword> on Monday launched its maiden scheduled commercial flight with the country's first <keyword id="19913415" type="General" weightage="20" keywordseo="airbus" source="keywords">Airbus</keyword> A350-900 -- also the first aircraft in the new bold Air <keyword id="19895063" type="General" weightage="20" keywordseo="india" source="keywords">India</keyword> livery -- heralding a new era for Indian aviation. Flight AI 589 departed on time from Bengaluru's Kempegowda International Airport, bound for Mumbai, carrying a near-capacity load of passengers who were eagerly anticipating the opportunity to experience the revamped Air India. The aircraft was on static display at the recent <keyword id="20288499" type="General" weightage="20" keywordseo="wings-india-global-aviation-summit" source="keywords">Wings India Global Aviation Summit</keyword> in Hyderabad, where the public got a first glimpse of the <keyword id="20288500" type="General" weightage="20" keywordseo="ife" source="keywords">IFE</keyword> and distinct in-flight amenities that will form part of the experience once the aircraft begins its international operations. Air India's A350-900 aircraft will have a three-class cabin configuration with 316 seats: 28 private Business suites with full-flat beds, 24 Premium Economy seats with extra legroom and other amenities, and 264 spacious Economy seats. All seats on the aircraft feature the latest-generation Panasonic eX3 in-flight entertainment system and HD screens to provide superior flying experience which will be offering an all-new content for our guests on board. Fitted with the Rolls Royce Trent XWB engines, these aircraft are 20 per cent more fuel efficient than other similar aircraft, reducing fuel emissions and ensuring sustainable operations. AI 589 will operate every day of the week barring Tuesdays - departing Bengaluru at 0705 hrs and landing in Mumbai at 0850 hrs. SEE ALSO: <a href="https://www.businessinsider.in/business/auto/news/tatas-punch-is-indias-most-affordable-electric-suv-and-comes-with-a-range-of-421-km/slidelist/106923825.cms">Tata Punch EV is India’s most affordable electric SUV and comes with a range of 421 km</a> <a href="https://www.businessinsider.in/business/auto/webstories/mercedes-benz-gls-gets-11-lakh-more-expensive-in-india-after-facelift/slidelist/106637475.cms">Mercedes-Benz GLS gets ₹11 lakh more expensive in India after facelift</a> <a href="https://www.businessinsider.in/business/auto/news/new-upcoming-electric-cars-in-india-in-2024/slidelist/106347950.cms">New upcoming electric cars in India in 2024</a>

India's first Airbus A350 takes wings with passengers from Bengaluru to Mumbai

<keyword id="20226501" type="General" weightage="20" keywordseo="benchmark-sensex" source="keywords">Benchmark Sensex</keyword> nosedived 1,628 points or 2.23 per cent on Wednesday, marking its biggest single-day slide in more than one-and-a-half years following an intense sell-off in banking, metal and oil shares triggered by weak global trends. The 30-share <keyword id="19895774" type="General" weightage="20" keywordseo="bse" source="keywords">BSE</keyword> Sensex plunged 1,628.01 points or 2.23 per cent to settle at 71,500.76 with 24 of its constituents ending in the red. During the day, it plummeted 1,699.47 points or 2.32 per cent to a low of 71,429.30. The <keyword id="19896381" type="General" weightage="20" keywordseo="nifty" source="keywords">Nifty</keyword> tanked 460.35 points or 2.09 per cent to settle at 21,571.95, falling for the second day in a row. Key stock indices suffered their worst single-day losses in percentage terms since June 13, 2022. The heavy fall in the markets comes on the back of a recent record-breaking rally. The BSE benchmark hit its all-time high of 73,427.59 on Tuesday, and the Nifty also reached its lifetime peak of 22,124.15 on the previous day. Investors became poorer by Rs 4.59 lakh crore on Wednesday due to a sharp fall in the equity markets where the BSE Sensex plummeted 1,628 points, dragged by bank stocks and weak global trends. Extending its previous day's decline, the 30-share BSE Sensex tanked 1,628.01 points or 2.23 per cent to settle at 71,500.76. During the day, it nosedived 1,699.47 points or 2.32 per cent to 71,429.30. The market capitalisation of BSE-listed companies eroded by Rs 4,59,327.64 crore to Rs 3,70,35,933.18 crore. In two days of market fall, investors' wealth fell by Rs 5,73,576.83 crore. Among the Sensex firms, <keyword id="19895995" type="General" weightage="20" keywordseo="hdfc-bank" source="keywords">HDFC Bank</keyword> fell over 8 per cent after its December quarter earnings failed to cheer investors. “Markets went into a tailspin led by banking stocks as HDFC Bank faltered sharply on worries of a drop in total deposits in the December quarter over the preceding quarter. The fall in banking had a rub-off effect on rate-sensitive sectors as automobile and realty stocks too witnessed frenzied selling. India's stock market valuations are expensively valued compared to other global stock indices and investors would wait for more positive cues now to extend their equity exposure. There are challenges in the near term such as persisting conflict in the middle east and worries over delay in US Fed rate cut, which could dampen investors' sentiment going ahead," said <keyword id="20226500" type="General" weightage="20" keywordseo="prashanth-tapse" source="keywords">Prashanth Tapse</keyword>, Senior VP (Research), Mehta Equities Ltd. HDFC Bank on Tuesday reported a 2.65 per cent rise in consolidated net profit of Rs 17,258 crore for the October-December period against Rs 16,811 crore in the preceding September quarter. Tata Steel, Kotak Mahindra Bank, Axis Bank, ICICI Bank, JSW Steel, Bajaj Finserv, Maruti, IndusInd Bank and State Bank of India were among the other major laggards. HCL Technologies, Infosys, Tech Mahindra, Tata Consultancy Services, Nestle and Larsen &amp; Toubro were the gainers. "A nosedive correction in banking stocks, along with concerns over delays in US FED rate cuts, impacted market sentiments. Given the elevated valuations, coupled with the fact that optimism regarding earnings and GDP growth for FY24 is already reflected in the market, triggered the correction," said <keyword id="19969359" type="General" weightage="20" keywordseo="vinod-nair" source="keywords">Vinod Nair</keyword>, Head of Research, Geojit Financial Services. In Asian markets, Seoul, Tokyo, Shanghai and Hong Kong settled lower. European markets were also trading with sharp cuts. The US markets ended in negative territory on Tuesday. "Today's market fall is led by banks on the back of HDFC Bank results, showing heightened levels of credit/deposit (CD) ratio beyond RBI's comfort levels. This is the case with most other banks as well. Thus, the markets expect either margin pressure, in case banks go in for aggressive deposit mobilization, a slowdown in lending growth, or both. This development can lead to some de-rating of the sector. "After the significant up move we have witnessed recently, markets are taking a breather, especially since market valuations are higher than historical multiples," said <keyword id="19958485" type="General" weightage="20" keywordseo="naveen-kulkarni" source="keywords">Naveen Kulkarni</keyword>, Chief Investment Officer, Axis Securities PMS. Snapping its five-day winning run, the BSE benchmark declined 199.17 points, or 0.27 per cent, to settle at 73,128.77 on Tuesday. The Nifty ended lower by 65.15 points, or 0.29 per cent, at 22,032.30. "Today, the benchmark indices witnessed a sharp selloff, the nifty ends 454 points lower while the Sensex was down by 1614 points. Among Sectors, all the major sectoral indices were traded in the red but bank nifty and financial indices corrected sharply, both the indices shed over 4 percent. Technically, after a gap down open, the market witnessed intraday recovery but due to consistent selling pressure at higher levels, it again corrected sharply. A reversal formation on daily charts and bearish texture on intraday charts indicating weak sentiment is likely to continue in the near future. We are of the view that, the current market texture is weak but oversold hence, we could see pullback rally if the nifty succeeds to trade above 20 day <keyword id="20226499" type="General" weightage="20" keywordseo="sma" source="keywords">SMA</keyword>. For traders now, 21650/71850 or 20 day SMA (Simple Moving Average) would be the key level to watch out. Below the same, the weak sentiment is likely to continue. Below which, the index could slip till 21465-21400/71200-71000. On the other side, above 20 day SMA or 21650/71850 the market could bounce back till 21725-21750/72000-72100," said Kotak Securities. Global oil benchmark Brent crude declined 1.84 per cent to USD 76.85 a barrel. Foreign Institutional Investors (FIIs) bought equities worth Rs 656.57 crore on Tuesday, according to exchange data. With inputs from PTI. SEE ALSO:<a href="https://www.businessinsider.in/tech/mobile/news/apple-beats-samsung-for-the-first-time-since-2010-tops-global-smartphone-shipments/articleshow/106922358.cms" target="_blank"></a> <a href="https://www.businessinsider.in/tech/mobile/news/apple-beats-samsung-for-the-first-time-since-2010-tops-global-smartphone-shipments/articleshow/106922358.cms" target="_blank">Apple beats Samsung for the first time since 2010, tops global smartphone shipments</a><a href="https://www.businessinsider.in/business/auto/news/tatas-punch-is-indias-most-affordable-electric-suv-and-comes-with-a-range-of-421-km/slidelist/106923825.cms" target="_blank"></a> <a href="https://www.businessinsider.in/business/auto/news/tatas-punch-is-indias-most-affordable-electric-suv-and-comes-with-a-range-of-421-km/slidelist/106923825.cms" target="_blank">Tata Punch EV is India’s most affordable electric SUV and comes with a range of 421 km</a> <a href="https://www.businessinsider.in/business/auto/news/ather-450s-vs-ola-s1-x-electric-scooter-price-range-and-features-compared/articleshow/106721416.cms">The EV scooter battle – Ather 450S vs Ola S1 X+ after the former slashes price</a>

Stock markets in free-fall: Sensex tanks 1,628 pts on sharp losses in banking, oil shares

<keyword id="3658" type="General" weightage="80" keywordseo="india" source="Orion">India</keyword>'s leading private space-tech company, Skyroot Aerospace has raised an additional $27.5 million, equivalent to ₹225 crore, in a pre-Series C funding round led by Temasek, a global investment company headquartered in Singapore. The present capital infusion builds upon the company's previous raise in 2022, bringing its total funding to USD 95 million, which is the largest ever for an Indian Space-tech startup. Skyroot plans to utilize the newly acquired capital to drive its next phase of growth through increased investments in infrastructure, reinforcement of its technology leadership, attraction of top-tier talent, and the enhancement of its launch frequency and capabilities, all while maintaining a lean and agile core team, the Hyderabad-headquartered company said in a statement. Founded in 2018 by space scientists-turned-space entrepreneurs, <keyword id="6364836" type="General" weightage="80" keywordseo="pawan-kumar" source="Orion">Pawan Kumar</keyword> Chandana and <keyword id="7537906" type="General" weightage="80" keywordseo="naga-bharath-daka" source="Orion">Naga Bharath Daka</keyword>, Skyroot is the country's leading private space launch vehicle company. In November 2022, it successfully launched India's and South Asia's first, and till date the only, privately developed rocket, marking Indian private space sector's entry into the space launch market. As the leading player in small and medium space launch vehicle designing and building in India's private sector, the company offers on-demand, cost-effective, reliable and regular space launch services to the fast-expanding global small and medium-sized satellite market, with satellite operators who look to deploy single or constellations of satellites across orbits as its customers. Skyroot was the first startup to sign a memorandum of understanding (MoU) with the <keyword id="116095" type="General" weightage="50" keywordseo="indian-space-research-organisation" source="Orion">Indian Space Research Organisation</keyword> (ISRO). The collaboration grants Skyroot access to ISRO's cutting-edge facilities and unparalleled expertise. Skyroot is poised to transform space launch capabilities of the country with its Vikram series of rockets, specially designed to deploy small and medium-sized satellites into space efficiently and reliably. "As we prepare for the launch of our second mission early next year, this new funding will enable us to accelerate our upcoming launches planned over the next two years. India's successful moon landing mission has reignited global interest in India's space prowess. As a key player in India's private space industry, we are amplifying our capabilities to tap into the expanding global satellite launch market with a goal to emerge as a favourite 'go-to' choice in space launch services for small satellites," said Pawan Kumar. Bharath Daka said this fund-raise would help the company to invest in the enhancement of production infrastructure, R&amp;D and team strength. SEE ALSO:<a href="https://www.businessinsider.in/business/auto/news/upcoming-cars-and-suv-in-november-2023/slidelist/104817915.cms" target="_blank"></a> <a href="https://www.businessinsider.in/business/auto/news/upcoming-cars-and-suv-in-november-2023/slidelist/104817915.cms" target="_blank">From the new Renault Duster to Tata Punch EV, upcoming cars launching in India this November</a> <a href="https://www.businessinsider.in/tech/news/delhi-woman-loses-50-lakh-in-sim-swap-scam-heres-how-you-can-stay-safe/articleshow/104745898.cms">Delhi woman loses ₹50 lakh in SIM Swap scam – Here’s how you can stay safe</a> <a href="https://www.businessinsider.in/tech/news/x-starts-rolling-out-audio-and-video-calls-heres-everything-you-need-to-know/articleshow/104716334.cms">X starts rolling out audio and video calls – here’s everything you need to know</a>

You Searched For "Tata Punch EV" and got 6 results

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