Auto sector discounts expected to decline as GST cuts boost demand, says Motilal Oswal. Discounts in the automobile sector are expected to trend down across key segments as the recent GST cuts are likely to lift demand, according to a report by Motilal Oswal. The report noted that with a pick-up in demand, discounts should… Continue reading Auto sector discounts to trend down as GST cuts set to lift demand: Motilal Oswal
Author: Economic Times of India Online News
Telangana CM invites UK investment in EV sector, pharma, and future city development
Telangana CM: Revanth Reddy Telangana Chief Minister A Revanth Reddy urged the British Companies to join as partners in the Musi Rejuvenation project, which is being taken up on a grand scale to promote Hyderabad as the best living City in the world. According to a release by the Chief Minister’s office, an official delegation… Continue reading Telangana CM invites UK investment in EV sector, pharma, and future city development
Adopting electric vehicles essential to make Delhi pollution-free: CM Gupta
Delhi CM: Rekha Gupta Delhi Chief Minister Rekha Gupta stated on Thursday that ensuring safe traffic cannot rely solely on rules and penalties; it must become the responsibility of every citizen and part of their lifestyle. Gupta earlier attended the 26th Annual Conference of the Society of Automotive Fitness and Environment (SAFE) and the SIAM… Continue reading Adopting electric vehicles essential to make Delhi pollution-free: CM Gupta
Mallareddy deemed-to-be university signs MoU with ThunderPlus for EV-focused programmes
Badra Reddy, Chairman of Mallareddy Group, said ThunderPlus had contributed to strengthening EV charging infrastructure in India. Mallareddy Deemed-to-be University has entered into a Memorandum of Understanding (MoU) with ThunderPlus, an EV charging solutions provider, to develop academic programmes and research initiatives in the electric vehicle sector. The partnership will involve the creation of EV-focused… Continue reading Mallareddy deemed-to-be university signs MoU with ThunderPlus for EV-focused programmes
China’s SAIC to cut stake in India car venture with JSW amid investment curbs
China’s SAIC Motor to cut 49% stake in Indian JV, pause fresh investments amid political tensions. China’s SAIC Motor will slash its 49 per cent stake in its Indian joint venture and halt further investment, five people said, the latest sign of how political tension between the Asian neighbours is spilling over into business. SAIC’s… Continue reading China’s SAIC to cut stake in India car venture with JSW amid investment curbs
Festive cheer cut short? Auto OEMs scale down discounts; dealers cry foul over cess
Hectic efforts are on to get the government to change its mind, with the Federation of Indian Dealers (FADA) trying to meet top officials in the Prime Minister’s Office and various ministers involved in the decision making process. The GST rate rationalisation exercise announced earlier this month was hailed as a major economic reform, applauded… Continue reading Festive cheer cut short? Auto OEMs scale down discounts; dealers cry foul over cess
India’s millionaire club swells to 8.7 lakh, nearly doubles in 4 years: Mercedes-Benz Hurun report
MBHX uses GDP growth, Sensex performance, billionaire additions, and Mercedes-Benz sales into a composite measure of wealth creation. India’s growth story is fuelling affluence, with the number of millionaire households almost doubling in four years, according to the Mercedes-Benz Hurun India Wealth report 2025. According to the joint study, India now has 8.71 lakh millionaire… Continue reading India’s millionaire club swells to 8.7 lakh, nearly doubles in 4 years: Mercedes-Benz Hurun report
KSEB eyes AI to curb electrical accidents
Electrical safety audits were conducted in hospitals, commercial establishments and homes across state under the leadership of the electrical inspectorate. KSEB is exploring technological options, including artificial intelligence-based solutions, to avoid electrocutions caused by power lines. Power minister K Krishnankutty informed the assembly on Tuesday that KSEB was planning to make use of technology that… Continue reading KSEB eyes AI to curb electrical accidents
Reddit seeks to strike next AI content pact with Google, OpenAI
Large language models, which underpin OpenAI’s ChatGPT are trained on massive datasets scraped from the internet. Reddit is in early talks to strike its next content-sharing agreement with Alphabet Inc.’s Google, aiming to extract more value from future deals now that its data plays a prominent role in search results and generative AI training. Reddit,… Continue reading Reddit seeks to strike next AI content pact with Google, OpenAI
India’s energy transition should be embedded in overall development strategy: Bery
“Grid designing and grid financing are going to be a big deal…India should try low-cost production of EVs and solar panels,” he added. Niti Aayog Vice Chairman Suman Bery on Wednesday said India’s energy transition should be embedded in the overall development strategy of the country. Addressing a session at ‘FT Live Energy Transition Summit… Continue reading India’s energy transition should be embedded in overall development strategy: Bery