BusinessStartups InsightsTechnology Ola Electric Set to Open 4,000 New Stores by Christmas, Expanding EV Accessibility Across India by Arti Singh December 21, 2024 December 21, 2024 Ola Electric is set to open 4,000 new stores across India by December 25, 2024, aiming to become the largest electric vehicle distributor in the country. The company currently operates …
BusinessFounder StoriesStartupsTechnology Zerodha Empowers Investors with New Margin Trading Facility for Buying Stocks by Arti Singh December 21, 2024 December 21, 2024 Zerodha, India’s leading online brokerage platform, has introduced a Margin Trading Facility (MTF) enabling users to trade delivery stocks using borrowed funds. Announced by CEO Nithin Kamath on X (formerly …
BusinessStartupsStartups FundingStartups Insights Tata Steel Netherlands Faces €27 Million Penalty Over Emission Violations by Arti Singh December 21, 2024 December 21, 2024 Tata Steel Netherlands is facing a significant penalty of nearly Euro 27 million due to non-compliance with emission standards at two of its plants. The Dutch Environmental Service issued the …
BusinessStartups FundingTechnology Hyundai to Use Made-in-India Amaron Batteries in Domestic Vehicles by Arti Singh December 21, 2024 December 21, 2024 Hyundai will begin using Amaron’s Made-in-India AGM batteries in its domestic vehicles starting Q4 FY 2024-25. This makes Hyundai the first automaker in India to adopt locally produced AGM battery …
BusinessStartupsStartups FundingStartups Insights Unicorn Startups’ Workforce Drops by 6.7K: Report PrivateCircle by Arti Singh December 21, 2024 December 21, 2024 The headcount of unicorn startups in India declined by 6,700 employees between August 2023 and August 2024, according to a study by PrivateCircle Research. Despite this decrease, Indian unicorns remain …
BusinessStartups FundingStartups Insights Indian Oil’s Landmark Investment: Over ₹21,000 Crore for Refinery Growth and City Gas Expansion in Bihar by Arti Singh December 21, 2024 December 21, 2024 Indian Oil Corporation (IOC), India’s leading oil and gas company, is making a substantial investment of over Rs 21,000 crore in Bihar. This initiative includes expanding the Barauni refinery, establishing …
BusinessStartupsStartups Insights Empowering Startups: DPIIT & HDFC Bank Join Forces by Arti Singh December 21, 2024 December 21, 2024 The Department for Promotion of Industry and Internal Trade (DPIIT) is pivotal in formulating and implementing policies to promote industrial growth and entrepreneurship in India. Under its flagship initiative, Startup …
BusinessStartup StoriesStartups Insights Vedanta Halts Base Metals Demerger, Focuses on Core Business Units by Arti Singh December 21, 2024 December 21, 2024 Indian mining giant Vedanta Limited has decided not to carve out a separate listed entity for its base metals business as part of its previously announced demerger plans. This decision, …
BusinessStartups FundingStartups Insights RBI Imposes ₹27 Lakh Fine on IndusInd Bank for Non-Compliance by Arti Singh December 21, 2024 December 21, 2024 The Reserve Bank of India (RBI) has imposed a monetary penalty of ₹27.30 lakh on IndusInd Bank for non-compliance with certain provisions under the Reserve Bank of India (Interest Rate …
BusinessStartup StoriesTechnology Adani Group Launches Heartfelt Campaign Showcasing Wind Energy Projects and Commitment to Clean, Green Energy Transformation by Arti Singh December 21, 2024 December 21, 2024 Adani Group unveiled a new version of its campaign “Hum Karke Dikhate Hain,” focused on the company’s wind energy initiatives. This campaign, showcasing Adani’s commitment to clean and green energy, …