Articles for author: Market News

Market News

Uttar Pradesh CM Yogi Adityanath heralds a new era of growth, unveiling Ikea’s store foundation, boosting investment and employment.

Uttar Pradesh CM Yogi Adityanath heralds a new era of growth, unveiling Ikea’s store foundation, boosting investment and employment.

Uttar Pradesh Chief Minister Yogi Adityanath recently laid the foundation stone for an Ikea store in Noida during a virtual event from Lucknow. He highlighted that over the past seven and a half years, Uttar Pradesh has gained the trust of both domestic and international investors, making it a preferred investment hub in India. Adityanath ...

Market News

IndiGo Airlines aims for global dominance by 2030, expanding routes and cargo capabilities, while launching a business class by 2025.

IndiGo Airlines aims for global dominance by 2030, expanding routes and cargo capabilities, while launching a business class by 2025.

IndiGo Airlines is planning significant international expansion and improvements in its cargo operations to become a major global player by 2030. CEO Pieter Elbers announced the goal to double the number of international destinations to 40 by March 2025, targeting new markets for Indian travelers. The airline will also launch its business class offering, called ...

Market News

Mahindra unveils its electric vehicle, the e-ZEO, on World EV Day, heralding a new era in sustainable urban logistics.

Mahindra unveils its electric vehicle, the e-ZEO, on World EV Day, heralding a new era in sustainable urban logistics.

Mahindra Last Mile Mobility Limited has unveiled its newest electric vehicle, the e-ZEO, which stands for “Zero Emission Option,” as part of its efforts to boost environmentally friendly transportation. This announcement coincided with World EV Day on September 9, 2024. The e-ZEO is designed for improved energy efficiency and faster charging, aimed at transforming urban ...

Market News

Ather Energy aims to raise Rs 4,500 crore for expansion amidst India’s booming EV market, despite widening losses and fierce competition.

Ather Energy aims to raise Rs 4,500 crore for expansion amidst India’s booming EV market, despite widening losses and fierce competition.

Ather Energy, an Indian electric scooter manufacturer, has filed for a ₹4,500 crore (approximately $536 million) initial public offering (IPO) at a valuation of $2.5 billion. This move comes as the company aims to enhance its presence in the booming electric vehicle Market, following the recent IPO of competitor Ola Electric. From the total offering, ...

Market News

Kitex Garments and Tribhovandas Bhimji Zaveri stocks soar, driven by booming profits and market demand, defying broader market trends.

Kitex Garments and Tribhovandas Bhimji Zaveri stocks soar, driven by booming profits and market demand, defying broader market trends.

Shares of Kitex Garments and Tribhovandas Bhimji Zaveri have reached multi-year highs despite a generally weak Market. Kitex Garments saw its stock surge by 17 percent, hitting Rs 488.80, as strong demand and a significant profit increase boosted investor confidence. The company reported a more than doubling of net profit in the last quarter and ...

Market News

The Electric Mobility Promotion Scheme achieves 60% of its target, extending support for India’s growing electric vehicle market amid impending FAME-III.

The Electric Mobility Promotion Scheme achieves 60% of its target, extending support for India’s growing electric vehicle market amid impending FAME-III.

The Electric Mobility Promotion Scheme (EMPS) is set to be extended until the launch of FAME-III, announced Union Minister H D Kumaraswamy. The current scheme, which is due to end on September 30, has already achieved 60 percent of its target, supporting over 334,000 electric vehicles. The extension is expected to last for about two ...

Market News

Google faces a dramatic antitrust lawsuit threatening its ad tech dominance, following a prior ruling declaring its search engine a monopoly.

Google faces a dramatic antitrust lawsuit threatening its ad tech dominance, following a prior ruling declaring its search engine a monopoly.

One month after a judge ruled that Google’s search engine operates illegally as a monopoly, the tech giant is facing another antitrust lawsuit concerning its advertising technology. The U.S. Justice Department claims that Google maintains a monopoly by controlling both sides of the advertising transaction, which leads to higher fees for publishers and advertisers. As ...

Market News

In a passionate address, Rahul Gandhi calls for love and humility in Indian politics, emphasizing unity amid diversity.

In a passionate address, Rahul Gandhi calls for love and humility in Indian politics, emphasizing unity amid diversity.

In a recent speech in Dallas, Congress leader Rahul Gandhi emphasized the importance of love, respect, and humility in Indian politics. He criticized the RSS for promoting a singular idea of India, advocating instead for a celebration of its diverse cultures, languages, and traditions. Gandhi highlighted that true patriotism involves protecting the Constitution and ensuring ...

Market News

In a dramatic anti-infiltration operation in Jammu & Kashmir, two terrorists were neutralized and weapons seized, as tensions escalate.

In a dramatic anti-infiltration operation in Jammu & Kashmir, two terrorists were neutralized and weapons seized, as tensions escalate.

In an anti-infiltration operation named “Operation Kanchi,” the Indian Army neutralized two terrorists in the Nowshera region of Jammu and Kashmir on the night of September 8-9, 2024. The operation was launched based on intelligence reports about a potential infiltration attempt. Along with the terrorists, security forces also recovered two AK-47 rifles and a pistol. ...

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