Google Wallet is a digital wallet that allows a person to securely store his cards, tickets, passes, keys and IDs. The Google Wallet app can be downloaded from Android playstore. After two days of the launch of Google Wallet in India, Kochi Metro Rail Limited (KMRL) introduced Google Wallet in the digital ticketing options for… Continue reading Kochi Metro introduces Google Wallet for digital ticketing
Author: Economic Times of India Online News
Musk says Tesla charger network will grow, days after layoffs
The reported layoffs came shortly after Tesla reported a 55% drop in quarterly earnings to USD 1.1 billion, reflecting the decline in EV sales. Tesla boss Elon Musk said Friday the electric vehicle manufacturer would invest over USD 500 million this year to install new superchargers, just days after a report of massive layoffs in… Continue reading Musk says Tesla charger network will grow, days after layoffs
VECV Q4 FY24 PAT up 18.2% to INR 1,070 cr
For FY24, VECV’s Revenue from operations was INR 21,868 crore, up by 15.38% over the previous year’s revenue of INR 18,952 crore. New Delhi: Eicher Motors Ltd. leading automaker has reported that for the quarter to March 31, 2024 its total revenue was at INR 4,256 crore, up 11.87% compared to INR 3,804 crore in… Continue reading VECV Q4 FY24 PAT up 18.2% to INR 1,070 cr
Rupee closes little changed, logs slight weekly decline
Traders are also “pre-empting the RBI’s action and selling above 83.50 (on USD/INR), while buying at 83.40”, a foreign exchange trader at a private bank said. The Indian rupee closed nearly flat on Friday, tracking subdued moves in its Asian peers and as expectations of the central bank’s intervention blunted the pressure of dollar demand… Continue reading Rupee closes little changed, logs slight weekly decline
Servotech Power Systems Q4 net profit falls to INR 3.45 crore
Among the expenses, the cost of raw materials rose to INR 121.05 crore from INR 102.89 crore in Q4 FY23. New Delhi, Servotech Power Systems has reported a 43% fall in its consolidated net profit to INR 3.45 crore in the fourth quarter ended March 31, 2024, dragged by higher expenses. It had posted a… Continue reading Servotech Power Systems Q4 net profit falls to INR 3.45 crore
Tata Motors PAT at INR 17,528.59 cr in Q4 FY24
Total revenue from operations was up at INR 119,986.31 crore in Q4 FY24, as against INR 105,932.35 crore in Q4 FY23. New Delhi: Tata Motors on Friday reported a three-fold growth in its consolidated net profit to INR 17,528.59 crore for the quarter ended March 2024. The company had reported PAT at INR 5,496.04 crore… Continue reading Tata Motors PAT at INR 17,528.59 cr in Q4 FY24
BPCL to invest INR 1.7 lakh cr in core, new energy business
This will not just help meet the rising fuel demand of the world’s fastest growing economy but also help the firm meet its target of achieving net zero carbon emissions by 2040. New Delhi: Bharat Petroleum Corporation Ltd (BPCL) plans to invest INR 1.7 lakh crore over the next five years in its core oil… Continue reading BPCL to invest INR 1.7 lakh cr in core, new energy business
Tesla to invest over USD 500 mn on Supercharger network expansion
This comes after Tesla emailed its customers in Australia to update them on Supercharging amidst growing concerns about service quality following layoffs. New Delhi: Tesla CEO Elon Musk on Friday said that the company will be investing more than USD 500 million in its Supercharger network to create thousands of new chargers in 2024. “Tesla… Continue reading Tesla to invest over USD 500 mn on Supercharger network expansion
Gensol Engineering appoints Rajesh Jain as Independent Director
Rajesh Jain New Delhi: Gensol Engineering Limited, a key player in solar power engineering, procurement, and construction (EPC) services and electric mobility solutions, announced the appointment of Rajesh Jain as an independent director to its board. Rajesh Jain, who recently retired as a senior partner at Walker Chandiok & Co LLP after over 20 years… Continue reading Gensol Engineering appoints Rajesh Jain as Independent Director
Rupee helped by dip in US yields, while election uncertainty weighs
While too much should not be read into one round of data, the incoming data will be watched very closely for further evidence that the labour market momentum may be slowing, ANZ Bank said in a note. The Indian rupee on Friday will be aided by the drop in U.S. Treasury yields on indications that… Continue reading Rupee helped by dip in US yields, while election uncertainty weighs