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Autocar Professional EV Forum | Day 2 | Developing the Indian EV ecosystem

The EV Forum brought together industry experts from the Indian passenger vehicle segment to talk about ‘Developing the Indian EV ecosystem’ which was the theme for the second day of this two-day virtual conference. Panel Discussion: R Velusamy, SVP & Head, Automotive Product Development, Mahindra & Mahindra; Vivek Vikram Singh, MD & Group CEO, Sona… Continue reading Autocar Professional EV Forum | Day 2 | Developing the Indian EV ecosystem

Autocar Professional EV Forum | Day 2 | Developing the Indian EV ecosystem

Coros Apex 2 and Apex 2 Pro review: slightly short of great

These are good multisport watches that zero in on the basics but miss some popular features that would make them great. I first saw a Coros watch on TikTok. In the video, an ultramarathoner strapped on a bunch of multisport watches for an absurdly long run to test which had the best battery. I’d expected… Continue reading Coros Apex 2 and Apex 2 Pro review: slightly short of great

German Handelsblatt: Traffic: VW is revising the ID.3 – and making the electric car significantly more expensive005714

Facelift for the VW ID.3 Updates on the way: VW is planning a revision for its compact electric car ID.3. (Photo: dpa) The VW ID.3 is being revised: Three years after its launch, the e-car is getting a redesigned front end and a noticeably upgraded interior. According to VW, this is a response in particular… Continue reading German Handelsblatt: Traffic: VW is revising the ID.3 – and making the electric car significantly more expensive005714

India: Tencent-backed ShareChat shuts fantasy sports vertical Jeet11The social media platform also laid off nearly 5% of its workforce.

Social media platform ShareChat on Friday said it has shut fantasy sports platform Jeet11 and laid off nearly 5% employees as it re-evaluates its strategy. “As a standard business practice, we periodically evaluate our strategies. We can confirm that we are ceasing operations of Jeet11 and have reorganised some of our functions, which meant the… Continue reading India: Tencent-backed ShareChat shuts fantasy sports vertical Jeet11The social media platform also laid off nearly 5% of its workforce.

Canadian pension fund CPPI to raise $372m in first ‘reverse inquiry’ bond

Canada’s largest pension fund CPP Investments (CPPI) is set to raise C$500 million ($372 million) in its first “reverse inquiry” bond, a debt instrument that is issued in response to investor demand, a top official told Reuters. The bond offer gives Canadian institutional investors a rare opportunity to buy into the pension manager’s debt at an attractive coupon. The offer is unique as it is tailored according to the terms determined… Continue reading Canadian pension fund CPPI to raise $372m in first ‘reverse inquiry’ bond

Maybank promotes Saurabh Gupta as head of Singapore investment banking team

Malaysia’s biggest bank, Malayan Banking Bhd (Maybank) has appointed Saurabh Gupta as the head of its investment banking and advisory business for Singapore, according to a company memo seen by Reuters. Gupta has been with Maybank for a decade and his latest appointment is in addition to his current role as head of the consumer, retail and healthcare sectors. Singapore-based Gupta, who was previously with Bank of America Merrill Lynch and… Continue reading Maybank promotes Saurabh Gupta as head of Singapore investment banking team

India extends deadline to levy cap on digital payment transactions by 2 years

India has decided to extend the deadline on capping the share of digital payment transactions by about two years to Dec. 31, 2024, the National Payments Corporation of India (NPCI) said on Friday. The NPCI had said in late 2020 that payment firms will not be allowed to process more than 30% of the total volume of transactions on UPI from Jan 1. The move comes as a breather… Continue reading India extends deadline to levy cap on digital payment transactions by 2 years

Tata Power announces Rs 6,000 crore investment in Odisha

Bhubaneswar: Tata Power CEO and MD Praveer Sinha announced a Rs 6,000 crore capital investment by the company in Odisha. Speaking at the Make in Odisha Conclave here on Thursday, Sinha said the four power discoms of Odisha, where Tata Power has a majority stake, are committed to Rs 6,000 crore capex investment in the… Continue reading Tata Power announces Rs 6,000 crore investment in Odisha