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More than a decade after the <keyword id="19965654" type="General" weightage="20" keywordseo="fukushima" source="keywords">Fukushima</keyword> Daiichi disaster sent shockwaves around the world, a new milestone has emerged from the rubble — Tokyo Electric Power Company’s (<keyword id="19965656" type="General" weightage="20" keywordseo="tepco" source="keywords">TEPCO</keyword>) groundbreaking robot successfully grabbed a tiny piece of melted nuclear fuel, a small but significant step in the colossal task of decommissioning the plant. <h2>The 2011 <keyword id="700300" type="General" weightage="100" keywordseo="fukushima-disaster" source="Orion">Fukushima disaster</keyword>: What happened?</h2>On March 11, 2011, a powerful 9.0-magnitude <keyword id="6362774" type="General" weightage="20" keywordseo="earthquake" source="Orion">earthquake</keyword> struck off the coast of Japan, triggering a massive <keyword id="42570" type="General" weightage="20" keywordseo="tsunami" source="Orion">tsunami</keyword> that swept over the northeastern coast of the country. The <keyword id="23791543" type="General" weightage="20" keywordseo="fukushima-daiichi-nuclear-power-plant" source="keywords">Fukushima Daiichi Nuclear Power Plant</keyword>, located in this area, was hit hard by the tsunami. This disaster caused the plant’s critical cooling systems to fail, leading to a series of <keyword id="23791545" type="General" weightage="20" keywordseo="meltdowns" source="keywords">meltdowns</keyword> in three of its reactors. The meltdown resulted in the release of hazardous radioactive materials into the air and surrounding environment, forcing the evacuation of nearby residents and creating a serious health and environmental crisis. The accident left an estimated 880 tons of radioactive fuel debris inside the plant’s damaged reactors. This highly radioactive material solidified into a dangerously unstable mixture, requiring years of preparation and research to safely begin removal. <h2>The role of the ‘Telesco’ robot</h2>For the first time since the disaster, TEPCO has successfully extracted a sample of this molten fuel using a specialised robot called "Telesco." Shaped somewhat like a fishing rod, Telesco was equipped with tongs at its end to grip a piece of debris no larger than a granola bit. Despite being only about 5 millimetres in size, this small piece represents a significant achievement, as it marks the first physical retrieval of melted fuel from the reactor since 2011. This mission wasn’t without its challenges. Initially planned to take only two weeks, the operation faced several delays. Early on, a procedural mistake paused the mission for nearly three weeks. Later, the robot’s cameras — which operators relied on for navigation — failed, forcing the robot to be removed from the reactor for repairs. Once these technical issues were resolved, Telesco was able to carefully clip a small piece of the fuel from a mound of molten debris on the bottom of the Unit 2 reactor. <h2>Why this small sample matters</h2>TEPCO officials emphasise that even this tiny piece of fuel debris could provide crucial data to help refine the decommissioning strategy for the plant. Testing the radioactivity levels of the sample will help researchers understand the current condition of the melted fuel. By studying it, scientists hope to improve robotic technology and techniques for dealing with radioactive material and gain insights into the meltdown’s progress, making future retrieval operations safer and more effective. This success may also boost confidence in TEPCO’s long-term decommissioning plans, though experts caution that the target timeline of 30-40 years might be overly optimistic given the scale of the remaining work. TEPCO has not yet outlined a concrete plan for the complete removal or disposal of the fuel debris, but ongoing technological advances may soon bring a clearer path to resolution.<h2>Challenges and the road ahead</h2>The Fukushima cleanup effort is one of the most complex nuclear decommissioning projects in history, requiring significant innovation. Robots like Telesco are vital, as high <keyword id="31246" type="General" weightage="20" keywordseo="radiation" source="Orion">radiation</keyword> levels prevent human workers from entering the reactors directly. However, each small success comes with a new set of challenges, including handling the radioactive material and finding safe, long-term storage solutions. In the future, TEPCO plans to continue developing and deploying robotic technologies to safely retrieve and manage the remaining fuel. While full decommissioning might take longer than initially projected, the commitment to advancing nuclear safety and managing past mistakes remains strong.

Breakthrough at Fukushima: Robot retrieves melted nuclear fuel fragment 13 years after tsunami disaster

<ul><li>The <keyword id="24185102" type="General" weightage="20" keywordseo="Honda-Activa-e" source="keywords">Honda Activa e</keyword> and QC1 electric scooters have been unveiled in India.</li><li>The scooters will go on sale in 2025, with bookings set to open on January 1.</li><li>Here’s everything you need to know about the first electric scooters from the company in India.</li></ul> Honda Motorcycle &amp; Scooter India (HMSI) has introduced its first electric scooters, the Activa e: and QC1, marking the brand’s foray into India’s electric vehicle (EV) market. The launch event took place in Bengaluru, with bookings set to open on January 1, 2025, ahead of deliveries scheduled later in the year. The company has said that the prices for its electric scooters will be announced in January 2025. The company plans on establishing <keyword id="24185739" type="General" weightage="20" keywordseo="battery-swap-stations" source="keywords">battery swap stations</keyword> in major cities, emphasizing battery reuse and reducing range anxiety. The company has established 84 battery swap stations across Bengaluru as part of its infrastructure rollout, with plans to expand into major cities such as New Delhi and Mumbai. Customers will get three free services during the first year and a standard warranty covering up to 50,000 km or three years. <h2>Honda Activa e specifications</h2>The Honda Activa e is identical to its popular ICE counterpart, offering the same body and frame. However, the design is completely different, offering a more modern look and feel. It features a TFT digital instrument cluster with Bluetooth connectivity. It features a swappable battery setup, with the scooter featuring two 1.5 kWh batteries. The scooter is claimed to offer a range of up to 102 km on a single charge with the two batteries. The scooter will offer three riding modes – Economy, Standard and Sport. It is powered by a wheel-side motor with a maximum output of 6 kW, providing a top speed of 80 kmph. <h2>Honda QC1 specifications</h2>The Honda QC1 will be a more affordable option, designed for shorter rides. The QC1 features a similar design while offering a smaller LCD display to keep the costs down. It is equipped with a fixed 1.5 kWh battery, offering a range of up to 80 km on a single charge. The scooter is equipped with an in-wheel motor which generates between 1.2 kW and 1.8 kW power. It comes equipped with a 5-inch LCD instrument panel, under-seat storage, and a USB Type-C socket for convenience. We should know more about the electric scooters from the company in the coming weeks. SEE ALSO: <a href="https://www.businessinsider.in/tech/news/indias-pc-market-reaches-new-high-with-4-49-million-shipments-in-q3-2024/articleshow/115719599.cms">India’s PC market reaches new high with 4.49 million shipments in Q3 2024</a> <a href="https://www.businessinsider.in/tech/mobile/news/realme-gt-7-pro-with-snapdragon-8-elite-chipset-launched-starting-at-59999/articleshow/115689685.cms">Realme GT 7 Pro with Snapdragon 8 Elite chipset launched starting at ₹59,999</a> <a href="https://www.businessinsider.in/business/telecom/news/jio-airtel-and-vi-lost-nearly-11-million-subscribers-in-september-2024/articleshow/115565541.cms">Jio, Airtel and Vi lost nearly 11 million subscribers in September 2024</a>

Honda Activa e and QC1 electric scooters unveiled in India, to go on sale in 2025

<ul class="summary-list"><li><keyword id="19969321" type="General" weightage="100" keywordseo="EV-charging" source="keywords">EV charging</keyword> is so bad it's driving people back to <keyword id="19951339" type="General" weightage="20" keywordseo="fossil-fuels" source="keywords">fossil fuels</keyword>.</li><li>Lack of <keyword id="20111395" type="General" weightage="20" keywordseo="charging-infrastructure" source="keywords">charging infrastructure</keyword> is already a barrier for many would-be EV buyers.</li></ul>Difficulty charging and other issues are leading some EV buyers to consider switching back to fossil fuels — the latest bad sign for the <a href="https://www.businessinsider.com/electric-vehicle-misconceptions-about-the-ev-transition-market-sales-2024-5" target="_blank">EV transition</a>. A recent consumer study conducted by <a href="https://executivedigest.sapo.pt/wp-content/uploads/2024/06/Mobility-Consumer-Pulse-2024_Overview.pdf" target="_blank">McKinsey</a> found that 46% of US EV owners surveyed said they were likely to switch back to a gas-powered vehicle, compared to a global average of 29% of EV owners who said they would likely switch back to an internal-combustion engine. Respondents in 9 major countries said the top reason for potentially ditching their EVs was<a href="https://www.businessinsider.com/electric-car-ev-road-trip-toyota-bz4x-genesis-gv60-charging-2023-8" target="_blank"> a lack of charging infrastructure</a>, something the US has historically <a href="https://www.iea.org/reports/global-ev-outlook-2024/outlook-for-electric-vehicle-charging-infrastructure" target="_blank">lagged</a> behind other nations in building. Other charging issues high on the list included a lack of charging at home and the impact of long-distance driving. <keyword id="21396729" type="General" weightage="20" keywordseo="range-anxiety" source="keywords">Range anxiety</keyword> and access to charging infrastructure have long been considered <a target="_blank" href="https://www.businessinsider.com/electric-vehicle-charging-availability-cost-automakers-tesla-supercharger-advantage-2023-2">one of the top barriers to electric vehicle adoption</a>, but the revelation that these same issues may drive current <keyword id="22369439" type="General" weightage="20" keywordseo="battery-powered-car-owners" source="keywords">battery-powered car owners</keyword> back into <keyword id="20635927" type="General" weightage="20" keywordseo="gas-powered-cars" source="keywords">gas-powered cars</keyword> is a new blow for the already rocky <keyword id="20729481" type="General" weightage="20" keywordseo="EV-transition" source="keywords">EV transition</keyword>. Despite the challenges facing the segment, EVs accounted for a record 7.6% of all cars sold in the US in 2023 while the number of charging stations hit 61,000. While the rate of growth has slowed, industry experts and executives have said they expect some EV share to grow to 8% in 2024 as new models continue to hit the market, helping to keep their <a href="https://www.businessinsider.com/ev-electric-car-deals-leases-kia-hyundai-tesla-ford-2024-6" target="_blank">average price falling.</a> While there are plenty of shoppers interested in an electric vehicle, the options on sale today are often too big, too expensive, or not practical enough to replace a gas-powered car. Car companies are already <a target="_blank" href="https://www.businessinsider.com/automakers-back-to-the-drawing-board-ev-plans-2024-2">scrambling to adjust</a> to a sudden change in the electric vehicle market in order to draw more new customers. The slowdown in electric vehicle sales growth has rocked everyone from Ford to <a target="_blank" href="https://www.businessinsider.com/tesla-sales-miss-ev-slowdown-new-wave-customers-2024-4">Tesla</a>, denting sales and forcing executives to rethink their long-term plans for electric vehicles. While the industry has made great strides in electric vehicle range and battery charging times, <a target="_blank" href="https://www.businessinsider.com/ev-charging-needs-to-improve-amenities-offerings-stores-2024-6">huge holes in the infrastructure</a> make certain areas nearly impossible to navigate without a gas-powered engine. McKinsey's study found this issue to be particularly acute in the US, which had the second-highest rate of respondents say they're considering ditching their EV. (In first place was Australia, with 49% of respondents saying they are likely to switch back.) America's high placement shouldn't come as too much of a surprise. <a target="_blank" href="https://www.businessinsider.com/electric-vehicle-range-ev-charging-station-infrastructure-issues-2024-5">Charging infrastructure here has long been a hot-potato issue</a>, which has held back efforts to build more chargers. While a push from the automotive industry to fund charging infrastructure has led to a boom in public charging stations in the last two years, these have largely been money-losing ventures. On the government side, the Biden Administration has set aside $7.5 billion for charging infrastructure with a vow to add 500,000 EV charging stations by 2030. But that effort in reality has played out slowly so far, with only a handful of stations going live since the funding was approved two years ago. Addressing charging infrastructure is already high on the industry's list of priorities when it comes to removing barriers to adoption, but the fact that it might also drive existing EV owners away only amplifies the issue. Correction: July 9, 2024 — An earlier version of this story misidentified where respondents who said they were considering switching back to gas-powered cars because of charging issues were located. They were in 9 countries, not only the US.

EV charging is so bleak that some owners are considering going back to gas-powered cars, survey finds

<ul><li>The <keyword id="23541778" type="General" weightage="100" keywordseo="Raptee-hv-t30" source="Orion">Raptee.HV T30</keyword> high-voltage electric bike has been launched in India.</li><li>The <keyword id="23543915" type="General" weightage="20" keywordseo="T30-electric-bike" source="keywords">T30 electric bike</keyword> has been priced at ₹2.39 lakh, with deliveries scheduled to begin in January 2025.</li><li>Here’s everything you need to know about the latest electric bike in the country.</li></ul> <keyword id="23541777" type="General" weightage="20" keywordseo="Raptee-HV" source="Orion">Raptee.HV</keyword>, a Chennai-based electric two-wheeler maker has introduced the T30, the company’s first high-voltage electric bike in India, which is also the first such two-wheeler to launch in the country. The Raptee.HV T30 uses technology similar to electric cars, which the company claims allows it to offer performance similar to 250-300 cc ICE vehicles with significantly less heat. <h2>Raptee.HV T30 price and availability</h2>The Raptee.HV T30 is priced at ₹2.39 lakh (ex-showroom) and will be available in four colour options – Arctic White, Eclipse Black, Horizon Red and Mercury Grey. The bike will be available in Chennai and Bengaluru from January 2025, with debut in other key cities in the following months. The company’s factory-integrated experience centre will be opened in its home city Chennai. The company will also open an experience centre in Bengaluru. The bike can be booked from the company’s website for ₹1,000. <h2>Universal charging standard</h2>With the High-Voltage (HV) standard being used, Raptee.HV is the first two-wheeler company to adopt universal charging standards used by electric cars. This makes it compatible with CCS2 car charging stations across the country. <div type="image" title="India&amp;#39;s First High Voltage Electric Motorcycle-Black" msid="114218263" hostid="261" caption="&amp;lt;p&amp;gt;The T30 in Black colour option&amp;lt;/p&amp;gt;"></div> As per the company, there are over 13,500 such charging stations in India at present and this number is expected to double by 2025. “We have taken the core of advanced electric car tech and engineered it for motorcycles. Launching India’s first high-voltage electric motorcycle was a technical challenge from the very beginning,” said Dinesh Arjun, Co-founder &amp; CEO, Raptee.HV. “We believe our HV technology is the missing piece of the puzzle that will accelerate the electrification of motorcycles and revolutionize how motorcycles will be built in the future,” Arjun added. <h2>Raptee.HV T30 features</h2>The Raptee.HV T30 comes with a sporty and premium design. It comes with a minimalistic design, which the company says is inspired by luxury cars. The bike has been designed aerodynamically to enhance performance and range. The T30 is powered by a 240V 5.4kWh battery pack. The battery on the T30 comes with an eight-year warranty. It comes with an IDC-certified range of 200 km and a real-world range of 150 km on a single charge. <div type="Article" hostid="261" msid="114120828" title="The Ola Electric Saga: Are surge in complaints and declining market share a wake-up call for Bhavish Aggarwal?" mstype="2" mssubtype="0"></div> Using the portable charger, it can be charged from 20% to 80% in an hour. Using the CCS2 chargers, the bike can be charged from 20% to 80% in 40 minutes. It delivers 22kW of power, which is equivalent to 30BHP power and 70 Nm of torque. It can go from 0 to 60 kmph in just 3.5 seconds and comes with a top speed of 135 kmph. The T30 comes with three default ride modes – Comfort, Power and Sprint. It comes with a touch-screen display, with the company’s RapteeOS. It comes with navigation support with Raptee Maps, Bluetooth connectivity, charger locator and more. SEE ALSO: <a href="https://www.businessinsider.in/tech/mobile/news/pixel-9-pro-to-go-on-sale-in-india-from-october-17-price-specs-and-everything-you-need-to-know/articleshow/114210864.cms">Pixel 9 Pro to go on sale in India from October 17 – price, specs and everything you need to know</a> <a href="https://www.businessinsider.in/business/auto/news/hyundai-ipo-review-everything-you-need-to-know-about-indias-biggest-ipo/articleshow/114203740.cms">Hyundai IPO review – Everything you need to know about India’s biggest IPO</a> <a href="https://www.businessinsider.in/business/auto/news/byd-emax-7-electric-mpv-launched-in-india-starting-at-26-9-lakh/slidelist/114046121.cms">BYD eMax 7 electric MPV launched in India starting at ₹26.9 lakh</a>

Raptee.HV launches T30, an electric bike that can be charged using car chargers

<ul><li>The Indian electric two-wheeler market has reported a slight month-on-month increase in sales.</li><li><keyword id="19897349" type="General" weightage="20" keywordseo="Ola-Electric" source="keywords" meta.keywordsubtype="org" meta.entityname="Ola Electric" meta.hostid="261" meta.entityid="Ola Electric">Ola Electric</keyword> continues to lead the market but its market share has declined.</li><li><keyword id="19897354" type="General" weightage="20" keywordseo="Bajaj-Auto" source="keywords" meta.keywordsubtype="org" meta.entityname="Bajaj Auto" meta.hostid="261" meta.entityid="Bajaj Auto">Bajaj Auto</keyword> and <keyword id="19938730" type="General" weightage="20" keywordseo="TVS-Motor" source="keywords" meta.keywordsubtype="org" meta.entityname="TVS Motor" meta.hostid="261" meta.entityid="TVS Motor">TVS Motor</keyword> occupy the second and third spots respectively.</li></ul> The Indian electric two-wheeler market has reported subdued sales in September 2024, with 88,156 <keyword id="20345883" type="General" weightage="20" keywordseo="electric-two-wheelers" source="keywords">electric two-wheelers</keyword> sold during the month, slightly up from 87,256 electric scooters sold in August 2024. While this is considerably lower than the 1,07,472 electric scooters sold in July 2024, there has been a 40% year-on-year growth when compared to the 63,184 electric scooters sold in September 2023. Electric two-wheelers continue to form the bulk of electric vehicle (EV) sales in India, with EV two-wheelers making up nearly 60% of Indian EV sales in September 2024 in terms of numbers. <h2>Ola Electric leads but with a lower share</h2>Bhavish Aggarwal-led Ola Electric continued to lead the Indian electric two-wheeler market with a 27% market share, which is considerably lower than the 39% share it enjoyed in July 2024. In August 2024, the company reported a 31% market share. The company sold 23,965 electric scooters in September 2024, up from 18,536 scooters sold in September 2023. However, this is lower than the 26,928 scooters the company sold in August 2024. Ola Electric has been plagued by customer complaints, with reports suggesting a surge in issues with its scooters. <h2>Legacy brands power through</h2>Bajaj Auto and TVS Motor, legacy two-wheeler brands have started inching closer towards Ola Electric, which once dominated the Indian electric two-wheeler market. Bajaj Auto, with its Chetak Electric scooter, has occupied the second spot for the first time, beating TVS Motor. The company recorded its highest-ever sales in September 2024 with 18,933 scooters sold, up from 7,107 scooters sold in September 2023, recording a 166% year-on-year growth. With this, the company now enjoys a 21.5% market share. TVS Motor on the other hand sold 17,865 electric scooters in September 2024, up from 15,523 scooters sold in September 2023, recording a 15% year-on-year growth. With this, the company reported a 20.3% market share in September 2024. <keyword id="19938729" type="General" weightage="20" keywordseo="Ather-Energy" source="keywords" meta.keywordsubtype="org" meta.entityname="Ather Energy" meta.hostid="261" meta.entityid="Ather Energy">Ather Energy</keyword>, which is expected to soon raise funds through an initial public offering (IPO) sold 12,579 electric scooters in September 2024, up from 7,169 scooters sold in September 2023, recording a 75% year-on-year growth. <div type="Article" hostid="261" msid="113214971" title="Ather Energy looks to raise ₹3,100 crore, files IPO papers with SEBI" mstype="2" mssubtype="0"></div> Ather Energy, which had a headstart in the Indian electric two-wheeler market has now been pushed to the fourth spot, with a market share of 14%. The next on the list is Hero MotoCorp, which is a major investor in Ather Energy. The company sold 4,174 electric scooters in September 2024, up from 533 scooters sold in September 2023, registering a 684% year-on-year growth. Despite its late entry into the EV segment, Hero MotoCorp already enjoys a 5% market share. SEE ALSO: <a href="https://www.businessinsider.in/business/auto/news/bmw-ce-02-electric-scooter-launched-in-india-at-4-50-lakh/articleshow/113849708.cms">BMW CE 02 electric scooter launched in India at ₹4.50 lakh</a> <a href="https://www.businessinsider.in/business/auto/news/upcoming-cars-launching-in-india-in-october-2024/slidelist/113809612.cms">Upcoming cars launching in India in October 2024</a> <a href="https://www.businessinsider.in/tech/mobile/webstories/upcoming-smartphones-launching-in-india-in-october-2024/slidelist/113804125.cms">Upcoming smartphones launching in India in October 2024</a>

Ola Electric continues to lose market share as Bajaj Auto and TVS Motor gain

<ul><li><keyword id="19897349" type="General" weightage="20" keywordseo="Ola-Electric" source="keywords" meta.keywordsubtype="org" meta.entityname="Ola Electric" meta.hostid="153" meta.entityid="Ola Electric">Ola Electric</keyword> has announced its plans to expand its sales and service infra to 10,000 outlets.</li><li>The company said it plans on reaching this by the end of 2025 and has initiated a network partner programme.</li><li>The programme is aimed at pushing sales into tier-2 and tier-3 cities.</li></ul>Bhavish Aggarwal-led Ola Electric on Thursday said it will establish 10,000 sales and service outlets by the end of 2025 to expand its reach across smaller cities and towns. The electric two-wheeler maker said it has initiated a network partner programme aimed at taking EV sales further into tier-2 and tier-3 cities, including urban pockets where EV penetration remains low. Under the initiative, the company has reportedly on-boarded 625 partners to expand its sales footprint across India, it said in a statement. The company further plans to have 1,000 partners ahead of the festive season this year, it added. <div type="twitter" handle="bhash" handlename="bhash" favoritecount="0" retweetcount="0" id="1839215479480549447"></div> Ola Electric said it aggressively plans to expand its network by on-boarding 10,000 partners, across sales and service, by the end of 2025. This, the company claims will give it an edge over its competitors. The company currently has around 800 company-owned stores, and with the network partner programme, it will have nearly 1,800 sales and service touch points ahead of the upcoming festive season. "Our D2C model has been extremely successful in driving sustainable business growth. The Network Partner Program will further amplify the benefits of our D2C network as it requires limited capital investment from partners and can be scaled up really fast," Ola Electric Chairman and MD Bhavish Aggarwal stated. While the company-owned stores will be the anchors of sales and service network, this programme will be instrumental in expanding the EV footprint deeper into the urban and rural markets, he added. "We will continue to expand and invest in our front-end network to accelerate EV adoption to #EndICEAge, and by the end of next year, will have 10,000 Network Partners across the country," Aggarwal said. Ola Electric sells electric scooters and bikes priced from ₹74,999 to ₹1,99,999. Ola Electric reported a sale of 27,506 units in August 2024, up from 18,749 vehicles sold in August 2023, reporting a 46.7% year-on-year growth. This is however lower than its July 2024 sales of 41,711 vehicles. The sale of <keyword id="19895203" type="General" weightage="20" keywordseo="electric-vehicles" source="keywords">electric vehicles</keyword> has slowed down, amid reduced subsidies, an increase in customer issues with the vehicles and more. With inputs from agencies. SEE ALSO: <a href="https://www.businessinsider.in/business/telecom/news/airtel-is-using-ai-powered-technology-to-block-spam-calls-and-messages/articleshow/113691942.cms">Airtel is using AI-powered technology to block spam calls and messages</a> <a href="https://www.businessinsider.in/stock-market/webstories/diffusion-engineers-ipo-quick-review-ipo-gmp-risk-factors-and-more/slidelist/113687580.cms">Diffusion Engineers IPO quick review – IPO GMP, risk factors and more</a> <a href="https://www.businessinsider.in/stock-market/news/manba-finance-ipo-allotment-how-to-check-allotment-ipo-gmp-listing-date-and-more/articleshow/113667907.cms">Manba Finance IPO allotment – How to check allotment, IPO GMP, listing date and more</a>

Ola Electric plans to expand sales and service infra to 10,000 outlets by 2025-end

Think Initial Public Offers (IPOs) are a sure-shot, quickfire method to make a quick buck? If so, then investing in some of India's biggest IPOs to date would have created multiple millionaires. However, if the data is to be believed, 18 out of India's top 30 IPOs by way of size have failed to deliver on the returns front. Recent data from Capitalmind PMS suggests that of all the mega IPOs India has seen in the past 2 decades, only 12 IPOs i.e. stocks of 12 companies have delivered more returns that what you would have received, had you bought and held your investments in Nifty500(which invests in biggest 500 companies by market size). Infact, Paytm (54%), <keyword id="20024191" type="General" weightage="20" keywordseo="Reliance-Power" source="keywords" meta.keywordsubtype="org" meta.entityname="Reliance Power" meta.hostid="261" meta.entityid="Reliance Power">Reliance Power</keyword> (81%), General Insurance Corporation (2%) actually generated negative total returns to date. The only outliers in the list of top 10 IPOs were Zomato (listed in July 2021) and Coal India (listed in April, 2010), which managed to generate excess returns i.e. more than what was generated by Nifty500. While Zomato's total return to date, which is considered a comprehensive gauge of a stock's profitability, stands at 265%, Coal India total returns are a massive 443%. In these cases, had you simply bought and held the Nifty500 index for a similar duration, your returns would've been 73%, and 435% respectively. Also, 5 of the biggest IPOs India has ever seen (Bajaj Housing Finance, Bharti Hexacom, Brainbees, Ola Electric) have come in the last 2 years. In some cases, having stayed put in your index investments would have yielded you far better returns. Consider this, FSN E-Commerce, Nykaa's parent company, listed on the exchanges on November 2021. Its total returns till date have been 2%, while had you invested in Nifty500 index, your returns would've been 53%. Similarly, the total returns to date on Bandhan Bank's stock, which listed in March 2018, was a negative 43%. But, the index has delivered a whopping 163% returns during the same time. Hits and Misses <table class="redcator-table-advance"><tbody><tr><td>Company Name</td><td>Total Returns to Date (In %)</td><td>CNX (Nifty500) Returns (In %)</td></tr><tr><td>Reliance Power (Feb 2008)</td><td>-81</td><td>961</td></tr><tr><td>Zomato (July 2021)</td><td>265</td><td>73</td></tr><tr><td>Gland Pharma (November 2020)</td><td>14</td><td>124</td></tr><tr><td>NHPC (September 2009)</td><td class="se-table-selected-cell">389</td><td>961</td></tr><tr><td>Indian Railways Finance Corporation (January 2021)</td><td>582</td><td>109</td></tr></tbody><tbody></tbody><tbody></tbody><tbody></tbody></table>Source: CapitalMind PMS <h2>Surge in IPOs? Not really </h2>It is impossible to overlook the sheer number of public offerings seen in the Indian markets over the past 2 years. Around 600 share sale offers have already hit the market since 2023. Out of these, 335 have come in this year, as of October 2024. While over Rs 50,000 crores have been raised by these share sales so far since 2023, only 22% of these funds raises have come from companies who are hitting the market for the first time i.e. bringing out their IPOs. The rest have come from already listed companies seeking to raise more funds. The biggest IPO that India has seen to date, that of <keyword id="19906087" type="General" weightage="20" keywordseo="Hyundai" source="keywords" meta.keywordsubtype="org" meta.entityname="Hyundai" meta.hostid="261" meta.entityid="Hyundai">Hyundai</keyword> Motor India, closes for subscription today. With an offer size of Rs 27,870.16 crore, it is 35% bigger than the previous biggest IPO in the country(LIC in May 2022). As of 12:30 pm today, Hyundai's offer had been 87% subscribed, with significant interest from QIBs and employees. At 0.43x, participation of retail investors remained largely subdued. Notably, an IPO is considered cancelled and withdrawn, if it fails to meet the 90% subscription threshold.

Do large IPOs guarantee large returns? Data suggests that 18 of India's biggest 30 IPOs did not generate solid returns

<ul><li>The <keyword id="19048823" type="General" weightage="20" keywordseo="BMW-CE-02-electric-scooter" source="Orion">BMW CE 02 electric scooter</keyword> has been launched in India.</li><li>The <keyword id="20011036" type="General" weightage="20" keywordseo="electric-scooter" source="keywords">electric scooter</keyword> comes with a price tag of ₹4.50 lakh.</li><li>Here’s everything you need to know about the second electric scooter from <keyword id="20151605" type="General" weightage="20" keywordseo="BMW-Motorrad" source="keywords" meta.keywordsubtype="org" meta.entityname="BMW Motorrad" meta.hostid="261" meta.entityid="BMW Motorrad">BMW Motorrad</keyword>.</li></ul> BMW Motorrad today launched the company’s second electric two-wheeler, the <keyword id="23389072" type="General" weightage="20" keywordseo="BMW-CE-02" source="keywords">BMW CE 02</keyword> in India. The company had recently launched the<a href="https://www.businessinsider.in/business/auto/news/bmw-ce-04-electric-scooter-launched-in-india-priced-at-14-90-lakh/articleshow/111985569.cms"> BMW CE 04</a>, the most expensive electric scooter in India. The BMW CE 02 will be produced in Hosur, Tamil Nadu, in partnership with TVS Motor Company. The CE 02 is among the most expensive electric scooters in the country. <div type="Article" hostid="261" msid="111985569" title="BMW CE 04 electric scooter launched in India priced at ₹14.90 lakh" mstype="2" mssubtype="0"></div> <h2><keyword id="18194823" type="General" weightage="20" keywordseo="BMW-CE-02-price" source="Orion">BMW CE 02 price</keyword> and availability</h2>The BMW CE 02 has been priced at ₹4.50 lakh (ex-showroom, Delhi). The bookings for the premium electric scooter are now open and the deliveries will begin soon. The electric scooter comes in two colour options – Cosmic Black and Cosmic Black 2. <h2>BMW CE 02 features</h2>The BMW CE 02 comes with a futuristic look and features a boxy design. It features 14-inch wheels, which will offer a comparatively comfortable ride on Indian roads. With a kerb weight of 142 kg, the CE 02 is considerably lighter than its elder sibling. The BMW CE 02 is equipped with a synchronous motor that can churn out 11kW of power and 55Nm of peak torque. The scooter can go from 0 to 50 in just 3 seconds and has a top speed of 95 km per hour. The scooter offers two riding modes, Flow and Surf. Powering the BMW CE 02 is a 3.92 kWh battery that is claimed to offer a range of 108 km. The scooter is offered with a 900W charger that is claimed to charge the device from 20 to 80% in 102 minutes. The BMW CE 02 comes with a 3.5-inch TFT screen with Bluetooth connectivity and navigation support. The scooter comes with anti-lock braking system (ABS) and automatic stability control (ASC). SEE ALSO: <a href="https://www.businessinsider.in/business/auto/news/upcoming-bikes-and-scooters-launching-in-india-in-october-2024/slidelist/113841653.cms">Upcoming bikes and scooters launching in India in October 2024</a> <a href="https://www.businessinsider.in/business/auto/news/pm-e-drive-scheme-with-10900-crore-outlay-announced-for-electric-vehicles/articleshow/113816837.cms">PM E-DRIVE scheme with ₹10,900 crore outlay announced for electric vehicles</a> <a href="https://www.businessinsider.in/tech/mobile/webstories/upcoming-smartphones-launching-in-india-in-october-2024/slidelist/113804125.cms">Upcoming smartphones launching in India in October 2024</a>

BMW CE 02 electric scooter launched in India at ₹4.50 lakh

New Delhi: After meeting Prime Minister <keyword id="19895781" type="General" weightage="20" keywordseo="narendra-modi" source="keywords">Narendra Modi</keyword> ahead of the <keyword id="21272963" type="General" weightage="100" keywordseo="semicon-india-2024" source="Orion">Semicon India 2024</keyword> Summit, <keyword id="20137945" type="General" weightage="20" keywordseo="sanjay-mehrotra" source="keywords">Sanjay Mehrotra</keyword>, CEO of Micron, appreciated PM Modi's vision of developing semiconductors in India and said policies set up by him to incentivise semiconductor manufacturing in India are also very exciting. "PM Modi's vision to develop semiconductors in India and make it self-reliant is very exciting. The policies set up by him to incentivise semiconductor manufacturing are equally exciting. This is the perfect time for India to develop semiconductors because opportunities will grow with AI. The best is yet to come," Mehrotra said ahead of SEMICON India 2024 Summit. PM Modi will inaugurate SEMICON India 2024 at India Expo Mart, Greater Noida, Uttar Pradesh, today. Earlier on Tuesday, PM Modi chaired Semiconductor Executives' Roundtable at his residence. During the meeting, the Prime Minister said that their ideas will not only shape their business but also India's future. Mentioning that the coming time will be technology-driven, Prime Minister said semiconductor is the basis of the Digital Age and the day is not far "when the semiconductor industry will be the bedrock for even our basic necessities". The Prime Minister emphasised that democracy and technology together can ensure the welfare of humanity and India is moving ahead on this path recognizing its global responsibility in the semiconductor sector. According to an official release, the Prime Minister talked about the pillars of development which include developing social, digital and physical infrastructure, giving boost to inclusive development, reducing compliance burden and attracting investment in manufacturing and innovations. The meeting was attended by CEOs, Heads and representatives of various organisations including SEMI, Micron, NXP, PSMC, IMEC, Renesas, TEPL, <keyword id="23116584" type="General" weightage="20" keywordseo="tokyo-electron-ltd" source="keywords">Tokyo Electron Ltd</keyword>, Tower, <keyword id="19920144" type="General" weightage="20" keywordseo="synopsys" source="keywords">Synopsys</keyword>, Cadence, Rapidus, Jacobs, JSR, Infineon, Advantest, Teradyne, Applied Materials, Lam Research, Merck, CG Power and Kaynes Technology. Also present in the meeting were Professors from Stanford University, University of California San Diego and IIT Bhubaneswar. SEMICON India 2024 is being organised from 11 to 13 September with the theme "Shaping the Semiconductor Future." The three-day conference will showcase India's semiconductor strategy and policy, which envisions making India a global hub for semiconductors. It will witness the participation of top leadership of global semiconductor giants and will bring together global leaders, companies, and experts of the semiconductor industry. The conference will witness participation of more than 250 exhibitors and 150 speakers.

Semicon India 2024: This is perfect time for India to develop semiconductors, says MICRON CEO Sanjay Mehrotra

Food and grocery delivery behemoth <keyword id="6358977" type="General" weightage="20" keywordseo="Swiggy" source="Orion">Swiggy</keyword> is on a roll, pushing out multiple new services simultaneously, ahead of the festive season, and its much-touted Rs 11,664 crore IPO. Experts anticipate the IPO to hit the bourses in the upcoming months. Earlier last week, the company's shareholders had approved of raising the fresh issue component of the IPO, from Rs 3,750 crore previously to Rs 5,000 crore. This will allow Swiggy to add an extra Rs 1,250 crores to its coffers for future growth. The remaining Rs 6,664 crore will be an OFS (offer for sale), largely paving a way for Swiggy's old investors to exit. In the buildup to its IPO, the delivery giant is dialing up the competitive fever big time with rival <keyword id="19901323" type="General" weightage="20" keywordseo="Zomato" source="keywords" meta.keywordsubtype="org" meta.entityname="Zomato" meta.hostid="261" meta.entityid="Zomato">Zomato</keyword>, which went public in 2021. Swiggy recently launched <keyword id="23440051" type="General" weightage="20" keywordseo="XL-Fleet" source="keywords">XL Fleet</keyword> for large-scale <keyword id="20299302" type="General" weightage="20" keywordseo="food-delivery" source="keywords">food delivery</keyword> and Bolt, which is an <keyword id="23461052" type="General" weightage="20" keywordseo="AI-powered-logistics" source="keywords">AI-powered logistics</keyword> system. Per some media reports, the company is also launching an invite-only concierge membership program called the "Rare Club", which will have an annual fee of up to Rs 50,000. <h2>Who doesn't love a little pettiness? </h2>But that's not it. In the time being, Swiggy is also aggressively looking for ways to gain maximum public attention, one of which is by sponsoring the fourth season of the popular entrepreneurial reality show <keyword id="11924074" type="General" weightage="20" keywordseo="shark-tank-india" source="Orion">Shark Tank India</keyword>. But here's the catch-a key condition of this deal is to not bring back Zomato CEO <keyword id="19901325" type="General" weightage="20" keywordseo="deepinder-goyal" source="keywords">Deepinder Goyal</keyword> as a shark. Media reports suggest that Swiggy is set to close on a massive Rs 40-60 crore sponsorship deal with the show. But in a seemingly low-ball move, Swiggy has blocked the return of Zomato CEO Deepinder Goyal as one of the investors on the show. Goyal had made his debut on the third season of the show, and was looking to make a comeback alongside long-time regulars such as Anupam Mittal, Aman Gupta, Namita Thapar and Peyush Bansal. <h2>Bolting ahead with XL</h2>In a move that clearly underlines its ambitious expansion plans, Swiggy also recently announced the launch of its new XL Fleet service, which will look to cater exclusively to bulk orders and large-scale food deliveries. Per Swiggy's co-founder Nandan Reddy, XL is a natural evolution of Swiggy's services. As it is, a recent report by Bain and Company highlighted that India's food services market is set to double to a massive Rs 9 trillion by 2030, surging up significantly from its current standing of Rs 5.5 trillion. Not just that, the customer base is also set to expand from 320-340 million as of 2023 to 430-450 million by the end of the decade. Earlier this year, Zomato had also stepped in this segment by launching its large-order electric fleet, which could serve orders for a gathering of up to 50 people. Alongside this, Swiggy has unveiled Bolt, which is an AI-powered logistics system specifically designed to optimize delivery routes, predict demand patterns, and improve overall operational efficiency. The aim is to bring down on delivery time and costs, giving Swiggy a massive competitive edge in the growing food and quick delivery market. With this feature, Swiggy claims that users can get certain meals such as burgers, <h2>Challenges Await </h2>As of FY24, Swiggy's operating revenue stood at ₹112.5 billion, a 36% jump from the previous year. The company also managed to reduce its net losses by as much as 44% to ₹23.5 billion. While these may come across as positive signs, which are also pushing the company's unlisted shares to new heights, Swiggy significantly lags behind Zomato in both food delivery and quick commerce segment. Consider this. Per Morgan Stanely, as of FY24, Swiggy's GOV (gross order value) at Rs 24,700 crore, was far lower than Zomato's Rs 32,200 crore. Swiggy's GOV and AOV grew at a CAGR of 15.5% and 2.5% respectively, between FY22-24. In contrast, Zomato's GOV and AOV registered a CAGR of 23% and 3.7%, respectively. At 12.7 million, Swiggy's MTU (monthly transacting users) for FY24 were also a far cry behind Zomato's 18.4 million. Even when it comes to average order value (AOV), Swiggy's Instamart lags behind Zomato's Blinkit. This is also why analysts believe that despite Swiggy narrowing the gap on most key metrics like AOV, GOV and more, the company's share will command a lower valuation than that of its rival Zomato.

Ahead of much awaited IPO, what is Swiggy upto? Launching XL Fleet, premium membership and kicking out Zomato CEO

Climate Action 15: 2024's top global innovators powering green solutions

<keyword id="19923700" type="General" weightage="20" keywordseo="tata-power" source="keywords">Tata Power</keyword> on Saturday said it has collaborated with the <keyword id="19905539" type="General" weightage="20" keywordseo="ayodhya-development-authority" source="keywords">Ayodhya Development Authority</keyword> (ADA) to deploy charging points in and around the city on crucial routes to accelerate the adoption of <keyword id="19895203" type="General" weightage="20" keywordseo="electric-vehicles" source="keywords">Electric Vehicles</keyword> (EVs). The initiative strategically links <keyword id="6354931" type="General" weightage="20" keywordseo="Ayodhya" source="Orion">Ayodhya</keyword> with major cities nearby through the establishment of EV charging points. These points are situated along routes such as Ayodhya to Lucknow via National Highway (NH) 27, Ayodhya to Raebareli via NH 330, Ayodhya to Prayagraj via NH 330, and Ayodhya to Gorakhpur via NH 27, said the company. "These stations epitomise innovation and environmental stewardship and set the pace for our nation's journey towards Net Zero emissions. Together, we're shaping a sustainable tomorrow that benefits us all," said <keyword id="20372997" type="General" weightage="20" keywordseo="deepesh-nanda" source="keywords">Deepesh Nanda</keyword>, CEO and Managing Director, <keyword id="20372998" type="General" weightage="20" keywordseo="tata-power-renewable-energy-limited" source="keywords">Tata Power Renewable Energy Limited</keyword>. With more than 80,000 home chargers, 5,300+ public, semi-public and fleet charging points, and more than 850 bus charging stations, Tata Power said it is at the forefront of driving the transition towards environment-friendly transportation. "These charging points not only enhance our city's infrastructure but also herald a new era of eco-consciousness and progress," said Gaurav Dayal, Commissioner of Ayodhya. SEE ALSO:<a href="https://www.businessinsider.in/tech/mobile/news/oneplus-12-review/articleshow/108723955.cms" target="_blank"></a> <a href="https://www.businessinsider.in/tech/mobile/news/oneplus-12-review/articleshow/108723955.cms" target="_blank">OnePlus 12 review: A feature-packed device with promising battery back-up</a><a href="https://www.businessinsider.in/tech/mobile/news/motorola-edge-50-pro-to-launch-in-india-on-april-3-everything-we-know-so-far/articleshow/108667275.cms" target="_blank"></a> <a href="https://www.businessinsider.in/tech/mobile/news/motorola-edge-50-pro-to-launch-in-india-on-april-3-everything-we-know-so-far/articleshow/108667275.cms" target="_blank">Motorola Edge 50 Pro to launch in India on April 3 – Everything we know so far</a><a href="https://www.businessinsider.in/business/auto/news/jsw-group-and-saic-motors-jv-jsw-mg-motor-india-set-to-up-production-to-3-lakh-vehicles-a-year-with-a-new-car-every-3-6-months/articleshow/108647799.cms" target="_blank"></a> <a href="https://www.businessinsider.in/business/auto/news/jsw-group-and-saic-motors-jv-jsw-mg-motor-india-set-to-up-production-to-3-lakh-vehicles-a-year-with-a-new-car-every-3-6-months/articleshow/108647799.cms" target="_blank">JSW Group and SAIC Motor’s JV ‘JSW MG Motor India’ set to up production to 3 lakh vehicles a year with a new car every 3-6 months</a>

You Searched For "tokyo electric power companys" and got 12 results

Breakthrough at Fukushima: Robot retrieves melted nuclear fuel fragment 13 years after tsunami disaster

BI India Bureau

Honda Activa e and QC1 electric scooters unveiled in India, to go on sale in 2025

Sourabh Jain

EV charging is so bleak that some owners are considering going back to gas-powered cars, survey finds

Nora Naughton

Raptee.HV launches T30, an electric bike that can be charged using car chargers

Sourabh Jain

Ola Electric continues to lose market share as Bajaj Auto and TVS Motor gain

Sourabh Jain

Ola Electric plans to expand sales and service infra to 10,000 outlets by 2025-end

Sourabh Jain

Do large IPOs guarantee large returns? Data suggests that 18 of India's biggest 30 IPOs did not generate solid returns

Ira Alok Puranik

BMW CE 02 electric scooter launched in India at ₹4.50 lakh

Sourabh Jain

Semicon India 2024: This is perfect time for India to develop semiconductors, says MICRON CEO Sanjay Mehrotra

ANI

Ahead of much awaited IPO, what is Swiggy upto? Launching XL Fleet, premium membership and kicking out Zomato CEO

Ira Alok Puranik

Climate Action 15: 2024's top global innovators powering green solutions

Insider Inc.

Tata Power deploys EV charging points on key routes to Ayodhya

IANS

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