Mahindra will officially take the covers off its first Electric Origin SUVs— XEV 9e and BE 6e— tomorrow at the Mahindra Unlimit India in Chennai. The homegrown carmaker has been building the hype for their unveil since the last couple of weeks by sharing multiple teasers of both the battery-powered SUVs on its social media
Honda has issued a recall for its flagship adventure motorcycle, the Africa Twin in India. The recall for the Africa Twin is in line with Honda’s global recall for the motorcycle, and the affected motorcycles are made in 2022. It is unclear how many motorcycles are affected in India, but the recall is over an
There have been worries about the current US bribery charges against chairman and founder Gautam Adani along with his nephew Sagar Adani and six others could impact the cashflow for Adani Group. The conglomerate has however announced that it has enough cash balances exceeding long-term debt repayments for next 28 months. Portfolio level cash balances
Enviro Infra Engineering IPO: The IPO opened on November 22. It will close on November 26. The company aims to raise Rs 650.43 crore. In the grey market, the stock of Enviro Infra Engineering was trading at Rs 200 or at a premium of 35% to the issue price of Rs 148 per equity share.
Hyundai is revving up to take the EV mid-size SUV segment by storm with the much-anticipated Creta EV. This new electric SUV will make its debut at the Bharat Mobility Global Expo 2025. The Creta already rules the internal combustion SUV class, and the EV version is set to turbocharge Hyundai’s position even further. At
KTM has unveiled the new 790 Adventure for the global markets, which now gets updates in terms of its hardware and revised styling. In KTM’s global lineup, the 790 Adventure sits below the 890 Adventure and the motorcycle making it to India is high, as KTM has plans on bringing lower variants to India to
Mutual Fund Investment: The Indian mutual fund industry is on a remarkable growth trajectory, with assets under management (AUM) doubling over the past five years, growing from Rs 22.26 lakh crore in 2019-20 to Rs 67.09 lakh crore in October 2024. Predictions for the year point to sustained momentum, driven by rising retail participation, favorable
Volkswagen is going ahead with its expansive electric vehicle (EV) plans despite the EV industry witnessing a global slowdown, especially in Europe. The German carmaker has now teased a new subcompact electric SUV based on the ID.2 all concept which broke covers in 2022. The ID.2 All concept lays the foundation for all entry-level EVs
March 31 is the last day of the financial year, which is considered a very important date for taxpayers and investors. If you have not yet made the necessary investments to save tax or some important financial work is pending, then it is very important to settle them this month. Whether it is taking advantage
Investing in mutual funds can significantly contribute to wealth accumulation over time. Interestingly, these investments can also serve as collateral for securing a loan. Lenders may consider your mutual fund holdings as a guarantee, allowing you to obtain loans at competitive interest rates. Prior to approving the loan, lenders will evaluate the value of your
Shares of One 97 Communications Ltd, the parent company of Paytm, surged up to 7.54 per cent at 11:30 am on Tuesday to a trading price of Rs 740.75 after its subsidiary Paytm Money received green light from the Securities and Exchange Board of India (Sebi) to offer services as a research analyst. With this
The heatwave may not be good news for you but the AC industry is rejoicing… It is expected to deliver robust volume-led growth in Q4FY25 on the back of early onset of the summer coupled with aggressive channel stocking. The Indian Meteorological Department has predicted above-normal number of heatwave days in most parts of the
Bajaj Finserv’s share price fell 1.8% to an intra-day low of Rs 1,837. The stock was the major loser in the Nifty 50. The fall in share price came after Bajaj Group signed a share purchase agreement with Allianz SE to buy out its stakes in the joint ventures. The company will acquire a 26%
