Best printers for Home

Best Mixer Grinder

Best wired Earphones

Best 43 Inch TV in India

Best Wi Fi Routers

Best Home Theatre in India

Smart Watch under 5000

Best Laptops for Education

Best Laptop for Students

<ul><li>Philippines is the second Southeast Asian country where <keyword id="7680774" type="UNKNOWN" weightage="20" keywordseo="CarDekho-Group">CarDekho Group</keyword> has started its operations, after Indonesia.</li><li>The acquisition is aligned with CarDekho’s business strategy to expand and fortify its footprint across Southeast Asia.</li><li>Carmudi has a commanding presence in Philippines, with a robust recall value and sturdy lead generation. </li><li>With Carmudi and CarDekho coming together and working towards digitalizing the entire auto ecosystem, Philippine’s automotive industry is expected to witness its next disruption.</li></ul>In yet another strategic move, Jaipur headquartered full-stack auto-tech company CarDekho group, which owns and operates auto sites CarDekho.com, <keyword id="2349828" type="PERSON" weightage="20" keywordseo="Gaadi-com">Gaadi.com</keyword>, <keyword id="85944" type="COMPANY" weightage="20" keywordseo="ZigWheels-com">ZigWheels.com</keyword>, Powerdrift.com, BikeDekho.com and OTO.com in Indonesia has expanded its global footprint by acquiring Carmudi, an online car classifieds site in the Philippines. Launched in 2013, Carmudi is the leading new auto player in the Philippines. Philippines is the second Southeast Asian country where Cardekho Group has started its operations. In 2016 CarDekho green-fielded its Indonesia operations under the brand name OTO.com, which has since become the number one new auto portal in the country. The acquisition is aligned with CarDekho’s business strategy to expand and fortify its footprint across Southeast Asia. Carmudi has a commanding presence in Philippines, with a robust recall value and sturdy lead generation. With Carmudi and CarDekho coming together and working towards digitalizing the entire auto ecosystem, Philippine’s automotive industry is expected to witness its next disruption. CarDekho has been a disruptor in the Indian automotive space. The company’s unique ecosystem engages with consumers throughout their car-buying journey with its different transaction models at one platform. In Philippines too, CarDekho will aggressively focus on building up and digitizing the ecosystem and offer end to end solutions to both new and used car buyers. Leading CarDekho Group’s global expansion, <keyword id="2415323" type="PERSON" weightage="20" keywordseo="umang-kumar">Umang Kumar</keyword>, Co-Founder and President, CarDekho group said, “We are excited to expand our international footprint and invest in the new region. Phillipines underlying macro fundamentals make it an extremely promising market. The market demand for new PVs in Philippines has grown at a CAGR of 14 % during 2014-2018 with new car sales crossing 3,80,000 units in 2018. We see this growth as a big opportunity to digitize the Philippines auto ecosystem and engage with consumers throughout their online car buying journey. Our strong ecosystem play has made us a leader in India and Indonesia. And now we are expecting the same for Philippines.” “CarDekho, a leading full-stack auto tech company backing us will help us in further strengthening our position in this region. This means added enhancements in technology, processes, and platform resulting in great user experience. Carmudi is already known for quality listings, powerful search, and one-stop convenience but the collaboration with CarDekho will enable us to digitalize and simplify the entire auto ecosystem.” said <keyword id="8385377" type="UNKNOWN" weightage="20" keywordseo="Cholo-Syquia">Cholo Syquia</keyword>, Country Head, Carmudi Philippines. All car and motorcycle manufacturers in India engage with CarDekho, accounting for 15-30% of some of its partner manufacturers’ annual sales. CarDekho also works actively with over 4,000 new auto dealerships and 3,000 used car dealers across India, influencing more than 42% of the retail sales happening through their counters. In addition, it works in collaboration with more than 10 financial institutions and 18 insurance companies across the country to facilitate used car financing and insurance to provide a seamless experience for both buyers and sellers. The company recently announced its H1 results for FY 19-20. The overall revenue of the company achieved a YOY growth of 92% over the first half of the last fiscal year and stood at $28 million. Despite the slowdown in new auto sales across the country, the company’s New Auto business segment posted a significant growth of 30%. Its Insurance and Warranty business grew by 525%, Used Cars business by 120% and Financial Services business by 135% respectively.

CarDekho expands footprint in Southeast Asia, acquires Philippines-based Carmudi

New Delhi, Mar 12 () Automobile dealers' body FADA on Thursday said retail sales of passenger vehicles, measured by registration, declined 1.17 per cent to 2,26,271 units in February. Passenger vehicle retail sales in February last year stood at 2,28,959 units, the Federation of Automobile Dealers Associations (FADA) said in a statement. Two-wheeler retail sales stood at 12,85,398 units last month as against 12,66,163 units in February 2019, a growth of 1.52 per cent, it added. Commercial vehicle retail sales also grew by 13 per cent to 92,805 units last month as compared with 82,129 units in the year-ago period. FADA said three-wheeler sales were up 20.7 per cent at 65,752 units as compared with 54,474 units in February 2019. Tractor retail sales stood at 41,485 units as compared with 36,543 units in February last year, a growth of 13.52 per cent. Retail sales of total vehicles across categories stood at 17,11,711 units in February 2020 as compared with 16,68,268 units in the same month a year ago, it said. Commenting on vehicle retail sales, FADA President Ashish Harsharaj Kale said February turned positive for most of the segments as the entire auto ecosystem, especially auto dealers, focused on liquidation of their BS-IV Stocks. "Rural sales contributed for retail sales turning green with tractors also being in double digit growth for second month in a row," he added. Despite the growth, the overall retail sales were much below expectations as the expected pre-buying for the BS-IV stock was not seen, he said. "Many customers held onto their purchase decision expecting sweeter deals towards the end of March," he added. Commenting on inventory levels, Kale said it remains a very serious concern for BS-IV two-wheelers, and asked manufacturers to handhold dealers for 100 per cent liquidation of stocks before March 31 deadline. "FADA survey reveals a very high number of two-wheeler dealers will not be able to fully liquidate their BS-IV inventory and expressed inadequate support from their OEMs (original equipment manufacturers) for 100 per cent liquidation of this stock," Kale said. With regards to passenger vehicles and commercial vehicles, he said overall inventory is at a reasonable level, but the challenge remains in slow moving, non-popular models as dealers look for adequate OEM support for liquidation of the same in March. "FADA has already advocated for return of unsold BS-IV stocks and will be pursuing this for its members, if the need arises, as many dealers will be unable to sustain such losses," Kale said. On the outlook for March, he said with banks and NBFCs getting into a cautious mode with regards to financing BS-IV stocks and many RTOs (Regional Transport Offices) across the country prescribing their own cut-off dates for permanent registration, liquidation of BS-IV inventory continues to be a challenge. "Dealers are now facing a new challenge with coronavirus cases being detected in India and alarming drop in customer walk-ins in auto showrooms," he said. RKL RVK

Passenger vehicle retail sales down 1.17 pc in February: FADA

<keyword id="21999883" type="General" weightage="20" keywordseo="Passenger-vehicle-retail-sales" source="keywords">Passenger vehicle retail sales</keyword> in India witnessed a 5 per cent on-year decline in August on account of delayed customer purchases, poor consumer sentiment and persistent heavy rains, industry body <keyword id="20108734" type="General" weightage="20" keywordseo="FADA" source="keywords">FADA</keyword> said on Thursday. The overall <keyword id="762866" type="General" weightage="100" keywordseo="Passenger-vehicle" source="Orion">passenger vehicle</keyword> (PV) registrations last month stood at 3,09,053 units, as compared to 3,23,720 units in August 2023. "Even with the arrival of the <keyword id="19894908" type="General" weightage="20" keywordseo="Festive-season" source="keywords">festive season</keyword>, the market remains under significant strain... Inventory levels have reached alarming levels, with stock days now stretching to 70-75 days and inventory totalling 7.8 lakh vehicles, valued at an alarming Rs 77,800 crore," Federation of Automobile Dealers Associations (FADA) President Manish Raj Singhania said in a statement. Rather than responding to the situation, PV Original Equipment Manufacturers (OEMs) continue to increase dispatches to dealers on a month-on-month basis, further exacerbating the issue, he added. "FADA urgently calls upon all banks and NBFCs to intervene and immediately control funding to dealers with excessive inventory," Singhania said, adding that dealers must also act swiftly to stop taking on additional stock to protect their financial health. The OEMs, too, must recalibrate their supply strategies without delay, or the industry faces a potential crisis from this inventory overload, he said. "If this aggressive push of excess stock continues unchecked, the <keyword id="23047448" type="General" weightage="20" keywordseo="auto-retail-ecosystem" source="keywords">auto retail ecosystem</keyword> could face severe disruption," Singhania said. Commercial vehicle registrations saw a 6 per cent year-on-year dip in August, while tractor retail sales also witnessed a drop of 11 per cent as compared to the year-ago period. Two-wheeler sales, however, increased 6 per cent year-on-year to 13,38,237 units in August, as compared to 12,59,140 units in the same month last year, on the back of improved stock availability and the onset of the festive season, Singhania said. Three-wheeler retail sales also increased by 2 per cent to 1,05,478 units last month, as compared to 1,03,782 units in the year-ago period. Overall registrations last month saw an increase of 3 per cent year-on-year at 18,91,499 units, as against 18,38,501 units in August last year. On business outlook in the near term, FADA said it remains cautiously optimistic. While the festive season and improved rural demand present promising opportunities for growth, ongoing weather uncertainties and high inventory levels may temper the overall recovery, it stated. To navigate these challenges, strategic inventory management and targeted marketing initiatives will be crucial in maximising festive sales and mitigating risks from adverse weather conditions, it added.

Passenger vehicle retail sales dip 5% in August 2024; FADA raises alarm over rising inventory level

<ul class="summary-list"><li>Short seller Jim Chanos spoke with the Institute for New Economic Thinking about crypto, tesla, and AI.</li><li>"You have to understand that the crypto ecosystem is well-suited for the dark side of finance," he said.</li></ul>Though <a href="https://markets.businessinsider.com/news/currencies/bitcoin-price-crypto-record-grayscale-etf-markets-regulators-investors-finance-2023-11">crypto markets are rebounding</a> in the face of promising developments like the approval of the first US spot bitcoin ETF, the sector continues to suffer the same fundamental defects, famed short-seller Jim Chanos said.In a new interview with the <a href="https://www.ineteconomics.org/perspectives/blog/jim-chanos-the-crypto-ecosystem-is-well-suited-for-the-dark-side-of-finance" target="_blank" rel="noopener">Institute for New Economic Thinking</a>, the Chanos &amp; Company founder laid out how the crypto sphere can be an avenue for <a href="https://www.businessinsider.com/sam-bankman-fried-implicated-friends-fraud-turned-on-him-2023-11">financial fraud</a>, challenges facing Tesla, and his views on the nascent artificial intelligence space. Here are the legendary short-seller's best quotes from the interview:Crypto and the dark side of finance"You have to understand that the crypto ecosystem is well-suited for the dark side of finance for a lot of reasons. It's perfect for facilitating money laundering and illicit transactions. But also, there's the nature of the unregulated domiciles for a lot of this activity where someone can go to basically defraud customers, whether it's NFTs or ICOs or all the various types of digital flimflammery out there – it's perfect."Bitcoin spot ETFsIn Chanos' view, recent efforts by investing giants to establish the first US bitcoin spot ETFs are another iteration of flimflammery, with the hope of profiting from crypto's high transaction fees."[Retail investors] think the asset price is going to go up. It's like a Nasdaq stock, not a currency. So they'll pay, and Wall Street wants the fees. The cost structure in crypto is quite high and so the fees are really high. You need retail investors because institutions aren't going to be paying 4% per round trip to buy and sell Bitcoin. Mom and Pop are, so Wall Street needs to keep the public interested in the crypto space."Tesla's biggest challenges"When you look at the actual numbers, which is what we do, it's a car company. [Elon Musk's] margins are car company margins, his returns are car company returns. That's the dichotomy: the challenge of running a real global auto company vs. the hype of going to Mars or selling you a robot to do your household chores."Chanos also noted that the recent United Auto Workers strike against Tesla competitors didn't benefit the EV-manufacturer, even though it afforded pay increases to union workers."It's interesting, if you actually look at employment cost per vehicle, the good news is that based on the latest UAW contract, the hourly salary or wages per Tesla employee is about half the UAW, but this is the paradox: He has many more employees per vehicle produced than the American companies do. The American companies are actually more automated than Tesla. So the labor cost per vehicle isn't much different."The price of AI"Growth in the 10 years prior to the advent of the internet, 1989-1999, was higher than in 1999-2009. While the internet created a lot of businesses and wealth, it also destroyed a lot — creative destruction. Businesses we took for granted are no longer with us because of the digitization of products. I suspect AI will be similar."Chanos offered an example: "When the AI hype got going in the spring, the IBM CEO said something to the effect of, well, we're looking at all of our employees to see if AI will make any of them redundant. I joked that they better hope their customers don't say the same thing. IBM is consulting! You have to think through all the iterations."

Short-seller Jim Chanos talks bitcoin, Tesla, AI, and the 'dark side of finance' in new interview. Here are the 4 best quotes.

<div class="KonaFilter image-container display-table float_right"><div><div class="image on-image">Jason Merritt/Getty ImagesJessica Alba's online retailer is going public.</div></div></div>Finance Insider is Business Insider's midday summary of the top stories of the past 24 hours.To sign up, scroll to the bottom of this page and click "Get updates in your inbox," or <a href="http://www.businessinsider.com/newsletter/prime-finance?IR=T&amp;utm_source=businessinsider&amp;utm_medium=finance_insider&amp;utm_term=finance_insider_leadgen_text_link&amp;utm_content=leadgen_text_link&amp;utm_campaign=finance_insider_leadgen_link">click here.</a>This is what it's like to <a href="http://www.businessinsider.com/how-billionaires-act-when-they-lose-money-2016-2">watch a 'Master of the Universe' lose money</a>. The fascinating part of watching this rarefied group is that money doesn't really matter to them at all. There's one thing that is far more important.Being right.In other news, the US unemployment rate fell to an <a href="http://www.businessinsider.com/us-jobs-report-january-2016-2016-2">eight-year low in January</a> as the economy created fewer jobs than expected. It was the second-best month ever <a href="http://www.businessinsider.com/millennials-did-well-in-january-jobs-report">for employment growth in the 25-to-34-year-old bracket.</a>Jessica Alba's online retailer, The Honest Company, <a href="http://www.businessinsider.com/honest-company-ipo-reports-2016-2">is looking to go public.</a> Texan hedge fund manager J. Kyle Bass has <a href="http://www.businessinsider.com/kyle-bass-goes-after-united-development-funding-2016-2">stepped out as the anonymous short seller going after United Development Funding IV</a>, a Texas-based real-estate-investment trust (REIT). Here is his presentation claiming the <a href="http://www.businessinsider.com/kyle-bass-short-united-development-funding-iv-2016-2">company</a><a href="http://www.businessinsider.com/kyle-bass-short-united-development-funding-iv-2016-2"> is a 'Ponzi-like real estate scheme.'</a>And Steve Cohen's <a href="http://www.businessinsider.com/point72s-mike-butler-on-hedge-fund-hiring-2016-2">hedge fund is investing big time in trading talent.</a>Here are the top Wall Street headlines at midday:<a href="http://www.businessinsider.com/linkedin-earnings-q4-2016-2">LINKEDIN IS CRASHING</a> - LinkedIn's stock is having its worst day ever.<a href="http://www.businessinsider.com/deutsche-bank-on-bank-stocks-2016-2">Wall Street is taking a pounding</a> - US bank stocks have plummeted this year and everyone wants to know why.<a href="http://www.businessinsider.com/chicago-stock-exchange-sale-2016-2">The Chicago Stock Exchange is being sold to a Chinese-led investor group</a> - The Chicago Stock Exchange is being sold to a Chinese-led investor group.<a href="http://www.businessinsider.com/unilever-ceo-on-why-the-top-2-of-society-should-help-the-other-98-2016-2">UNILEVER CEO: The top 2% of society should help the other 98%</a> - Inequality "undermines the fabric of society," according to Unilever CEO Paul Polman.<a href="http://www.businessinsider.com/gm-cto-dream-about-are-becoming-reality-2016-2">GM VC boss: 'The automotive ecosystem is changing'</a> - Jon Lauckner might have the best job in the traditional auto industry. He's chief technology officer for General Motors, and he also runs GM Ventures, the automaker's venture-capital arm.

What you need to know on Wall Street today

Mumbai, May 27 () Expecting discretionary spending to return in the next few months, private lender HDFC Bank on Wednesday said a 10-15 per cent moderation in salaries will not lead to an overhaul of consumer lending practices though some prudence might be in order. A pent-up demand for vehicles and social distancing needs, coupled with the introduction of digital inputs to manage customer journey by banks will lead to a faster uptick in auto sales, which were sagging before the lockdown and came to a standstill in the last two months, the bank's country head for retail lending Arvind Kapil said. Unemployment has touched record highs since the beginning of the lockdown nearly two months ago, and corporates have reportedly adopted measures like wage cuts in the face of the difficulties businesses are experiencing. "Even if there is a disruption in the salary of 10-15 per cent, it's not going to shake the ecosystem to an extent of lending completely going through a rejig or re-evaluation," Kapil said during an online video chat with bank executives. He, however, was quick to add that if the corporates are looking at moderation in salaries or in the increments, the same needs to be watched carefully from a prudential perspective. There will be a rise in precautionary saving in the immediate future and discretionary spending will return to normal in the next few months, he said. Kapil said retail lending as a whole is an under-penetrated sector in the country, which means that even in the case of a slowdown in the economy, there exists ample opportunity for small-ticket loans. Drawing from the micro-lending segment's experiences and how it has sprung back from crises like the floods in Kerala last year or after the demonetisation to ensure that portfolio delinquencies remain low, Kapil hoped the middle-class segment will also display the same resilience in the current crisis. On the auto loans front, where the bank is the largest vehicle financier, Kapil said there is enough scope for the original equipment manufacturers to be optimistic or positive about on the new sales front that will also help the financiers. He explained that social distancing requirements will keep people off shared cabs or using ride-hailing apps in general, while the otherwise pragmatic public transport options will also not be patronised at least for two months. Additionally, there is also pent up demand in the last few months and if one adds digital lending interventions which will make it convenient to borrow, there is scope for the sales to go up, he said. Kapil, who is credited with launching the almost instant online personal loan product four years ago, said he sees similar evolution on the auto loan side as well where the entire loan taking journey goes online and the customer gets a vehicle delivered after a few clicks. At present, HDFC Bank has digitised parts of a customer's loan availment journey and once the same is increased to 90 per cent by integrating all the stakeholders on a single platform, that is where the benefits will become visible, he said. He also welcomed the government's interventions for the small business segment in the Rs 20 lakh crore economic stimulus package, saying capital is the bigger constraint for business and facilitating the same through various interventions like loan guarantees is more beneficial than the tax reforms which were undertaken last year in the face of GDP growth plummeting. Kapil said the biggest learning from the crisis has been remote working and stressed that organisations will have to be agile to have innovations inculcated as a practice. AA MR MR

10-15% moderation in salaries not to impact lending practice: HDFC Bank

Mumbai, Jan 28 () Home-grown auto major Tata Motors on Tuesday launched the electric variant of its most-selling compact sports utility vehicle Nexon in the domestic market at a starting price of Rs 13.99 lakh (ex-showroom pan-India).
 The company had unveiled the vehicle last December. 
 Tata Motors plans to launch four more electric vehicle (EV) models, including two SUVs, one hatchback and one sedan in the next 24 months, Tata Sons Group Chairman N Chandrasekaran announced at the launch.
 The event was also attended by Ratan Tata, Chairman Emeritus, Tata Sons.
 Powered by Ziptron technology, the electric SUV for the personal segment comes with a range of 312 km on a single charge and a high voltage system, fast charging capability, extended battery life and class leading safety features. Besides, it has 35 connected car features as well.
 The Nexon EV will be available in three trim levels across 60 authorised dealerships in 22 cities, the company said at the launch.
 The company is closely working with other group companies such as Tata Power, Tata Chemicals, Tata Autocomp, Tata Motors Finance and Croma to create an e-mobility ecosystem, Tata uniEVerse, for faster adoption of EVs in the country, Tata Motors said.
 "E-mobility is an irreversible mega-trend and an imperative for addressing pollution and generating job opportunities in India," Chandrasekaran said.
 "After 16 months of strenuous effort, we are delighted to launch India's own electric SUV, the Nexon EV. This high performance, connected vehicle is uniquely suited to address the aspirations of Indian customers, and making EVs mainstream," the company's Managing Director and Chief Executive, Guenter Butschek said.
 "We are confident that this game-changing product will further reinforce our commitment towards developing sustainable and responsible mobility solutions for India," he added.
 Powered by Tata uniEVerse, consumers will have access to a suite of e-mobility offerings including charging solutions, innovative retail experiences and easy financing options, it said. 
 The automaker has partnered with Tata Power to provide end-to-end charging solutions at home, workplace and for captive and public charging.
 Similarly, to develop the component supplier ecosystem, the company is collaborating with Tata Chemicals, which is working on manufacturing lithium-ion battery cells, exploring active chemicals manufacturing and battery recycling.
 Besides, it is also working with Tata Autocomp for the localisation of battery pack assembly and motor assembly, among other tie-ups, Tata Motors said. IAS ANS
ANS

Tata Motors launches Nexon EV at starting price of Rs 13.99 lakh

<ul><li><keyword id="11240103" type="UNKNOWN" weightage="20" keywordseo="cartrade-ipo">CarTrade IPO</keyword> offers an attractive opportunity to invest in a new age business, say analysts.</li><li>CarTrade IPO opens on August 9 and will close on August 11.</li><li>Online auto classifieds platform looks to raise ₹2,999 crore through the issue.</li><li>It has already raised ₹900 crore from anchor investors ahead of its initial public offering (IPO).</li></ul>CarTrade is the latest one in the long line of tech startups tapping the public market with initial public offerings (IPO). Unlike Zomato, this would be the first profitable startup to hit the stock market since EaseMyTrip. The company is a 12-year old startup that operates online platforms like CarWale, CarTrade, BikeWale, CarTradeExchange and AutoBiz for users interested in buying and selling new and used vehicles. The IPO of the company opens Monday and closes on August 11. It is looking to raise around ₹3,000 crore through the public listing. Let us see what the analysts have to say about the company’s IPO: <table style="border-width: initial; border-style: none;" class="redcator-table-advance"></colgroup><tbody><tr><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Broking firm </td><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Recommendation </td></tr><tr><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Nirmal Bang </td><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Subscribe </td></tr><tr><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Choice Broking </td><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Subscribe </td></tr><tr><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">ICICIdirect </td><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Subscribe </td></tr><tr><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Investmentz </td><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Subscribe </td></tr></tbody><tbody></tbody><tbody></tbody></table> CarTrade is a profitable player in India and one of the few players internationally in the vehicle platform space. Further, with funds of ₹668 crore in its balance sheet, CarTrade is well positioned and plans to capture adjacent business opportunities such as insurance, financing, servicing of vehicles, accessories and refurbishment and sale of cars. The public issue of the company is opening with a price band of ₹1,585-1,618 per share. Half of the issue size has been reserved for qualified institutional buyers (QIBs), 35% for retail investors and the remaining 15% for non-institutional investors. Analysts at Choice Broking have similar opinions about the company. “CarTrade is an electronic exchange focusing on auto sector and thus there is no peer company having similar business operations. At a higher price band...we feel it is attractive considering its scalable business model, profitable operations and business growth opportunities in the auto sector value chain,” said the report. The company’s revenue from operations have increased at a compound annual growth rate (CAGR) rate of 26.4% over FY18-FY21. CarTrade offers a unique play on rising digitisation of new and pre-owned vehicle translation value chain/ecosystem, said a report by ICICIdirect. “We assign ‘subscribe’ rating to the issue for listing gains. Long term wealth generation at CarTrade Tech will be a function of scalability, relevance and journey towards healthier return ratios,” said the report by ICICIdirect. <table style="border-width: initial; border-style: none;" class="redcator-table-advance"></colgroup><tbody><tr><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Particulars </td><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">FY21 </td><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">FY20 </td><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">FY19 </td></tr><tr><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Profit </td><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">₹101.07 crore </td><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">₹ 31.3 crore </td><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">₹ 25.9 crore </td></tr><tr><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Revenue </td><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">₹ 281.5 crore </td><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">₹ 318.4 crore </td><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">₹ 266.8 crore </td></tr></tbody><tbody></tbody><tbody></tbody></table> SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/startups/news/freshtohome-and-bluestone-backer-iron-pillar-is-planning-to-bring-assets-worth-1-billion-under-management/articleshow/85161486.cms">FreshtoHome and BlueStone-backer Iron Pillar is planning to bring assets worth $1 billion under management</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/science/news/nasa-wants-paid-volunteers-to-spend-a-year-living-in-a-3d-printed-martian-habitat-in-texas-where-they-will-carry-out-spacewalks-and-research-using-vr-tech/articleshow/85149673.cms">NASA wants paid volunteers to spend a year living in a 3D-printed Martian habitat in Texas, where they will carry out spacewalks and research using VR tech</a>

CarTrade IPO ⁠— the share sale by this profitable tech startup gets a unanimous call for ‘subscribe’

<div class="KonaFilter image-container display-table float_right"><div><div class="image on-image"></div></div></div>General Motors' CEO Mary Barra knows that the road to fully electric vehicles is a long one, and that's why she's making sure her company takes it one step at a time.&#xa0;&#xa0;Affordability is key to the future of electric vehicles, Barra said in an <a href="https://www.linkedin.com/pulse/gm-ceo-mary-barra-knows-big-changes-coming-autos-heres-daniel-roth?link2">interview with LinkedIn's executive editor</a> Daniel Roth.&#xa0;Through gradual advancements, GM can focus on "providing [electrification] technology to everyone," she said. "not just the elite."&#xa0;Fully electric vehicles are available to consumers - if they're willing to pay. The fully electric Tesla Model S, for instance, starts at $75,000. Chevy's partly-electric Volt sells for less than half of that.&#xa0;For now, GM's focus remains on gradual advancements, like connectivity between vehicles, and between vehicles and infrastructure.&#xa0;"You have to look at the whole ecosystem," she said. "There are many things that need to change."&#xa0;For now, electric vehicle prices are falling. In April, GM <a href="http://www.businessinsider.com/gm-confirmed-that-its-new-electric-car-will-be-named-the-chevrolet-bolt-ev-2015-4">unveiled the Bolt EV</a>. A fully electric sedan with a 200-mile range, which will hit retailers' showrooms next year with a price tag of about $37,500.&#xa0;The Bolt will compete with Tesla's <a href="http://www.apple.com">new Model 3</a>, a long-awaited "mass-market" $35,000 follow-up to the company's groundbreaking $80,000 Model S luxury sedan.Watch the full interview below:<div><div> <div style="margin-bottom:5px"> </div></div></div>&#xa0; <div class="margin-top"> <h3>NOW WATCH: <a href="http://www.businessinsider.com/shinola-watch-factory-tour-2014-3">A Detroit Company Is Making Luxury Watches In A Former Auto Factory</a></h3> <div> <div> <div class="ooyala-video-player" data-video-autoplay="false" data-video-id="R1ZWZlbDoOVsGn_VL30nbS9X9_cE8Eml" data-player-variable="ooyalapopvideo" id="ooyalaplayer_popvideo" style="width:1280px;height:720px"></div> </div> </div> </div>

GM CEO says electric vehicles should be for everyone, 'not just the elite'

Mumbai, Feb 6 () After registering an annual growth of 11 per cent in the last two years, diversified engineering company Greaves Cotton expects to grow in line with the fast-growing e-mobility and automotive sectors going forward, a top company official said. The company, which recently completed the acquisition of electric vehicles manufacturer Ampere Vehicles, is looking at penetrating key metros across the country as part of its last-mile connectivity initiative. "We have undertaken a lot of initiatives in the last three years, which have resulted in an additional over Rs 400 crore in the topline since FY2018. We have grown at a CAGR of 11 per cent in the last nine quarters and we will grow more than that in the coming period," the company's MD and CEO Nagesh Basavanhalli told reporters here. The company expects the e-mobility and automotive segments to grow by almost 15-20 per cent over the coming years backed by the government's push on reducing carbon emissions. "We are well poised to cater to the growth in these sectors and we also expect to grow at the rate these industries are growing," Basavanhalli added. Last December, the company completed its acquisition of Ampere Vehicles, which enjoys a share of 18 percent in the e-scooters market in India, to strengthen and expand its presence in the last-mile e-mobility space that is seeing significant interest from the government and commuters alike. "We are in the midst of establishing Greaves Cotton as a complete ecosystem player. Our initiatives to diversify into newer growth levers such as non-auto engines, industrial engines, retail, multi-brand spares, servicing and e-mobility have started contributing to the growth," he added. The company has already spent nearly Rs 300 crore in the last three years for developing BS-VI compliant diesel engines for three-wheeler applications as well as to develop a lightweight CNG/petrol engine -- Crest --that would reduce emissions by up to 30 per cent, he said. Greaves Cotton currently manufactures products and solutions under various business units and is backed by comprehensive support from 350 big retail centres and over 5,000 smaller spare parts retail outlets across the country. "We will be increasing the retail centres to not only penetrate into newer markets but emerge as a one stop solution provider. So Greaves would not just sell engines and scooters but will also provide after sales services as well as provide easy finance options to prospective electric vehicle buyers at a low down-payment and EMI across a fast-growing nationwide network for Ampere electric vehicles," Basavanhalli added. He further said that Ampere scooters, currently present in 190 cities, primarily rural and semi-urban markets, will now be available in other key metros as well. PSK ABMABM

Greaves Cotton expects e-mobility, auto sectors to drive growth

Mumbai, Feb 6 () Bankers and analysts were positively surprised with the slew of liquidity-enabling measures announced in an otherwise expected RBI monetary policy that left the key rates unchanged at 5.15 per cent. The market has taken the long-term repos worth Rs 1 lakh crore as the biggest developmental and regulatory step that came out of the blue, they said. So is the CRR buffer benefits for lending to the growth-oriented sectors such as to housing, auto and small units. The Reserve Bank announced long-term repurchase agreements (repos) of one-year and three-year tenors of appropriate sizes, totalling Rs 1 lakh crore at the policy repo rate, from the fortnight beginning on February 15. Bankers and analysts are unanimous that these measures would infuse liquidity on one hand and ensure cheaper credit flow to the needy-segments of the economy. SBI Chairman Rajnish Kumar said the policy is "a statement of intent" carefully using a repository of policy novelties to address the current delicate balance of growth and inflation. "While keeping rates on hold was anticipated, the bouquet of developmental and regulatory steps is a positive surprise to the financial ecosystem. "Long-term repos for 1-year and 3 year at the repo rate, will bring down cost of funds for banks and will facilitate better transmission within the current constraints of downward rigidity of deposit rates," Kumar said. Similarly, exemption of CRR maintenance for all additional loans given for retail loans like auto, housing, and to MSMEs is positive for all banks and to these targeted sectors. This will also help lower the cost of funds. Extension of date of commencement of commercial operations of project loans for commercial realty by one more year without downgrading the asset classification will allow realtors to focus on project completion. Extending the date of recasting MSME loans will also help the sector to navigate the current downturn and is a logical corollary of budget announcement, Kumar said. Welcoming the policy, Icra's Aditi Nayar said the dovish tone along with reiteration that policy space is available for future action is a big positive. "We anticipate that the stance will be maintained as accommodative as long as RBI perceives the output gap to be negative, regardless of the level of inflation. So we no longer expect the stance to be changed to neutral in the next few policies," she said. Zarin Daruwala of Standard Chartered Bank India said, "The MPC delivered a strong pro-growth policy in the face of sluggish growth and high inflation." Cash reserve ratio leeway for fresh retail and MSME loans, a one-time permission to extend restructuring of MSME loans and concessional one-to-three year repo funds are all positive steps to bring down lending rates, she said. Crisil's Krishnan Sitaraman said, "The move to exempt banks from CRR requirements for incremental loans to auto, housing and MSMEs will have a salutary effect on channeling of credit to these sectors and can play a role in addressing the sluggishness seen in these sectors." Similarly, the extension of date of commencement of commercial operations by one more year for project loans for commercial realty will bring some relief to projects which are genuinely delayed due to business reasons. This can arrest the fresh slippages in this segment. Linking MSME loans to external benchmarks will accelerate interest rate transmission and lighten interest burden. Also, extending the one-time restructuring window for them will bring some more relief to the sector and keep sectoral NPAs under control. Terming the RBI policy as "quite progressive and forward looking" A K Das of Bank of India said the long-term repos open up ways to transmit the signal rate changes. Measures for realty and MSMEs and CRR exemption for incremental retail and housing loans are growth-oriented and will give an impetus to bank lending, he added. Describing the policy as a "whatever it takes" moment for the country and policymakers, B Prasanna of ICICI Bank said these steps show willingness of MPC to think laterally. "The crowning glory of all measures is the provision of long-term repos at the repo rate that is intended towards facilitating better transmission in the bond and loan markets. Besides lowering rates in the short end of the sovereign curve it is also likely to lower corporate bond yields, deposit rates and lending rates," he said. Sunil Kumar Sinha of India Ratings said, "If the monsoon does not turn out to be normal, then the inflation forecast can have adverse impact on the food inflation which is already witnessing pressure from rising prices of items such as pulses and coarse cereals." "Given this, despite continuing with the accommodative stance, RBI is unlikely to tinker with the policy rate till the second quarter of FY21," he said. BEN ABMABM

Bankers, analysts hail liquidity boosting policy measures

<ul><li>Online retail is set to become the third-largest online retail market by scale by CY30 with an annual gross merchandise value (GMV) of $55 billion in CY21 and $350 billion in CY30, said <keyword id="3359665" type="COMPANY" weightage="20" keywordseo="RedSeer">RedSeer</keyword> at its flagship event Ground Zero 5.0.</li><li>As per the report, shared mobility saw a sharp decline due to the 2nd wave led lockdowns in the last two months.</li></ul>India’s consumer <keyword id="6354648" type="UNKNOWN" weightage="20" keywordseo="digital-economy">digital economy</keyword> which was pegged at USD $85-90 billion in CY 20, is expected to become a USD $800 billion market by 2030, according to reports released by homegrown consulting firm RedSeer at their flagship event Ground Zero 5.0. The digital economy includes 60% of travel, 40% of non grocery retail, 30% of education, 25% of food and beverages services and 6% of Pharma/Grocery going through digital channels by CY30. The Ground Zero 5.0 event was attended by Amitabh Kant, CEO of Niti Ayog along with T.V Mohandas Pai, Chairman, Manipal Global Education Services and Sanjeev Bikhchandani, co-founder, Info Edge along with other stalwarts of the Startup Industry who participated in the day-long panel discussions on retail, mobility, logistics, digital ads, fintech and IPOs. Commenting on the overall digital ecosystem, <keyword id="80658" type="PERSON" weightage="20" keywordseo="Anil-Kumar">Anil Kumar</keyword>, founder and CEO of RedSeer, said, “Over the last one decade, entrepreneurs have dedicated themselves to solve for the specific needs and pain areas of Indian consumers. Today, 50% + customers say they use online services because of convenience. Few years back almost 70% + used to say the key reason is discounting but with the hit of Covid, digital services have undoubtedly served the customers very well, which is evident in high customer satisfaction and customers willingness to keep using the digital as a key channel to fulfill their needs. The next wave of entrepreneurs will create innovations which will make the Indian model successful globally.” India to become 3rd largest online retail market by CY30 Online retail is set to become the third-largest online retail market by scale by CY30 with an annual gross merchandise value (GMV) of $55 billion in CY21 and $350 billion in CY30, said RedSeer at its flagship event Ground Zero 5.0, according to reports released by homegrown consulting firm RedSeer at their flagship event Ground Zero 5.0. According to the data released by RedSeer Consulting, 88% of the online shoppers that will be added between 2020-2030 will be from Tier 2+ cities. Further, $&gt;7 billion cumulative incremental online retail transactions to be added from Tier 2+ city customers over CY 20-30 while easily more than $~150 billion cumulative incremental online retail GMV to be added from Tier 2+ city customers over CY 20-30. The adoption factors that will drive the growth for the next few years are: <ul><li>Companies have started to focus on tier 2 cities</li><li>Growing online spends by 'Digital Natives' and supply-side innovations</li><li>COVID-19 has caused an inflection in e-commerce penetration across city tiers</li><li>Lowering costs of servicing tier-II and other smaller cities </li></ul>Additionally, kiranas are expected to achieve approximately achieve a $1.5 trillion sales by CY30. The growth will be driven by: <ul><li>Platforms that are enabling these kiranas technologically and digitally</li><li>Cashless payments</li><li>Book Keeping and EB2B offerings</li></ul>New-Age Logistics players created an opportunity of 500,000 employment for gig workers in 2020 E-Logistics in India has become the fastest growing market globally with over 3 billion shipments in 2020. India traditionally had an inefficient supply chain with a slow and undemocratic access. Today ~ 90%+ of the orders fulfilled by the online commerce get done by the <keyword id="11547673" type="UNKNOWN" weightage="20" keywordseo="new-age-logistics">new age logistics</keyword>, an industry which has come up only in the last one decade and has solved for the above challenges through technology and customer centric mindset. Further, three out of the top 10 logistics players in India are today the new age (e- logistics) players. The new age logistics players are expected to deliver 2.5 billion D2C shipments by 2030. With the rise of <keyword id="436047" type="COMPANY" weightage="20" keywordseo="Ecommerce">eCommerce</keyword>, the need for specialized delivery service emerged, which led to the overall growth of the logistics segment. Emergence of this sector created 500,000 employment for gig workers in 2021 across captive and 3PL. The new-age 3PL logistics players have delivered 850 million shipments in 2020. New age logistics players have reduced the average time of delivery by 2/3rd in last 7 years, have covered nearly all the pincodes across India through enabled deep tech solutions to serve the different type of customer needs and requirements like same day delivery, hyperlocal, service enabled etc. E-logistics has been fulfilling the needs of the small city customers. Increasing coverage across India and faster delivery, enabled Tier-2+ cities to account for 50%+ shoppers to Indian eCommerce by the end of 2020. Other emerging trends Other sectors in the new-age economy have also been strongly impacted by the pandemic. A number of new trends are emerging in these various sectors which will shape the ecosystem going forward. Shared mobility dips but personal mobility soars in demand According to RedSeer research, shared mobility saw a sharp decline due to the 2nd wave led lockdowns in the last two months. Although the autos segment recovered the fastest, the overall sector merely clocked 18 million rides, a drop from 113 million rides in January last year. However, while the shared mobility is dipping, personal mobility space is riding on a wave of strong traction seen since last year. While auto OEMs have responded with relevant offerings to democratize access to cars, tech platforms are also accelerating focus on digitizing the car ownership journey. Online used car transaction penetration to grow ~9x in the next ~10 years. Another category that is ripe for digital disruption is the car service &amp; repairs market which is still a highly fragmented market which faces challenges like inefficiencies, bloated pricing and poor experience for both consumers and service workshops. This segment is expected to penetrate ~15% of this highly fragmented market by CY30. With rise in digital content, advertisements see higher demand On the other hand, online content is seeing phenomenal growth leading to the overall growth of the digital ad industry as well. Digital content is emerging as the bellwether of demand creation for time spent. India, one of the largest economies, is surging ahead on content and smartphone usage. Monthly active users (MAU) have become democratised with increasing adoption of varied digital services and platforms. Further, another example of democratization is seen in an increasingly largely base of active digital content users now coming from Tier 2+ cities with the top two categories being Facebook-owned WhatsApp followed by news aggregators.

India’s Digital Economy to touch $800 billion by 2030: RedSeer

<ul class="summary-list"><li>Magic Leap's CEO said more money coming into the augmented reality space from competitors is "good."</li><li>Under CEO Peggy Johnson, the company has pivoted to building enterprise-focused AR headsets.</li></ul>DAVOS, Switzerland — Having more competition, including one day Apple, enter the augmented reality space is "a good thing," Magic Leap CEO Peggy Johnson told Insider.Apple is reportedly gearing up to launch its own headset this year, which would compete against other offerings from Magic Leap and Microsoft."I think anytime more money is coming into the space is a good thing," the AR tech company CEO said during an interview at the World Economic Forum in Davos, Switzerland. "The company's over 12 years old, so we've been carrying all of the water for a long time, for years, and so it's good to have others in this space, even competitive in nature. It's a positive for the space overall."Johnson said more companies entering the AR space "brings more" momentum, energy, and developers, and that Magic Leap is focused on developing the 3D imagery ecosystem.Under Johnson, Magic Leap has pivoted toward building its Magic Leap 2 AR headset for enterprise use rather marketing it at consumers. In its Early Access Program, <a href="https://www.magicleap.com/news/magic-leap-named-to-times-list-of-best-inventions-of-2022">Magic Leap worked with</a> companies including Cisco, NeuroSync, and Brainlab to "refine and improve" its headset to be used for training, communication, and remote assistance, in settings like clinics, industrial environments, retail stores, and even defense.But AR technology is cutting-edge, and that means it's not cheap. The Magic Leap 2 was <a href="https://www.magicleap.com/news/magic-leap-2-now-available-to-customers-as-the-most-immersive-augmented-reality-headset-for-enterprise">made commercially available</a> in the US, Canada, UK, EU, and Saudi Arabia last September, and has three editions ranging between $3,299 and $4,999 USD. Microsoft's Hololens 2 ranges from $3,500 to $5,200.Apple is currently planning on announcing its long-rumored AR and VR headset this year, and will likely retail to consumers for somewhere between $2,000 and $3,000, <a href="https://www.bloomberg.com/news/newsletters/2022-11-13/apple-reality-pro-headset-plans-3d-mixed-reality-world-games-video-service-lafgxl1e" target="_blank" rel="noopener">Bloomberg reported</a>. The headset is <a href="https://www.businessinsider.com/apple-headset-new-adjusting-lenses-physical-dial-vr-real-world-2023-1">reported to look somewhat like</a> ski goggles, and include auto-adjusting lenses and a physical dial to switch between virtual reality and the real world.If Apple's AR/VR headset does come out this year, it will be the company's newest product group since the Apple Watch in 2015.Johnson pointed out that Apple is more consumer-focused, while Magic Leap is enterprise-focused, but said at some point, "we'll come circle back to consumer." She said it will take time for the headset itself to shrink in size to be more acceptable for consumer use the way mobile phones developed.

You Searched For "auto retail ecosystem" and got 13 results

CarDekho expands footprint in Southeast Asia, acquires Philippines-based Carmudi

BI India Partner

Passenger vehicle retail sales down 1.17 pc in February: FADA

PTI

Passenger vehicle retail sales dip 5% in August 2024; FADA raises alarm over rising inventory level

PTI

Short-seller Jim Chanos talks bitcoin, Tesla, AI, and the 'dark side of finance' in new interview. Here are the 4 best quotes.

Filip De Mott

What you need to know on Wall Street today

Matt Turner

10-15% moderation in salaries not to impact lending practice: HDFC Bank

PTI

Tata Motors launches Nexon EV at starting price of Rs 13.99 lakh

PTI

CarTrade IPO ⁠— the share sale by this profitable tech startup gets a unanimous call for ‘subscribe’

Bhakti Makwana

GM CEO says electric vehicles should be for everyone, 'not just the elite'

Graham Rapier

Greaves Cotton expects e-mobility, auto sectors to drive growth

PTI

Bankers, analysts hail liquidity boosting policy measures

PTI

India’s Digital Economy to touch $800 billion by 2030: RedSeer

BI India Partner

Magic Leap CEO says Apple becoming a rival in augmented reality would actually be a good thing

Britney Nguyen,Cadie Thompson

Popular Keywords

Buying Guides