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The company runs on an asset-light model to fund scooters and uses scooters indigenously made by Indian electric manufacturers.

Passenger vehicle sales rise 11% in July: Siam

The Society of Indian Automobile Manufacturers (Siam) said on Friday that car dispatches jumped 10 per cent to 1,43,522...

13 Aug 2022 11:03 AM IST

Tata Motors said India operations showed significant improvement in the second quarter as compared to a year ago. However, the supply chain issues and commodity inflation impacted the margins. Representational image/DC

Tata Motors to build 1180 e-buses for Bengal government

Mamata government has entrusted the automobile giant for building, operating and maintaining 1,180 electric buses in...

3 Aug 2022 8:04 PM IST

The move by the government aims at not only improving the quality of BSNL services and de-stressing the balance sheet, but also to expand the fibre reach of the company. (Representational image: PTI file)

Cabinet approves 1.64L-crore plan to revive BSNL

The government is also approving sovereign guarantee bond issuance for the cash-crunched BSNL to repay its bank loans

28 July 2022 7:42 AM IST

GST has helped interstate movement of goods. Representational Image. (DC File Image)

Wholesale food grain trade exempted from GST levy

The government has clarified that the new GST is applicable only on pre-packed and pre-labelled products weighing up to...

19 July 2022 4:33 AM IST

Tax authorities raids Chinese entities for money laundering. (PTI Photo)

Over 1.12 lakh shell firms struck off since 2019

In 2019, the government informed that the CBI had registered 30 cases against 104 shell companies in the four years

19 July 2022 4:31 AM IST

Union Finance Minister Nirmala Sitharaman during a pre-Budget photo session, on the eve of presentation of Budget 2022-23 in the Parliament, in New Delhi, Monday, Jan. 31, 2022. (PTI Photo/Manvender Vashist)

FM: Public capex key to India's long-term growth

Nirmala Sitharaman on Friday said that India's long-term growth prospects were embedded in public capital expenditure...

16 July 2022 12:35 PM IST

PM Modi met Putin on Wednesday on the sidelines of the 11th BRICS Summit and reviewed the full range of India-Russia relations. (Photo: Twitter)

RBI spells out re-settlement terms

The RBI said that authorised banks would need to take its permission before instituting the rupee trade settlement...

12 July 2022 9:47 AM IST

New office space supply down 93pc, demand falls 73pc during Jan-Jun due to COVID-19. (Representative Image)

Office realty sees strong momentum in H1

Office absorption in the major cities stood at 29.5 million square feet, up 157 per cent over Covid-hit H1 2021

12 July 2022 9:42 AM IST

IndiGo announces deeper pay cuts of up to 35 per cent for senior employees. (AFP Photo)

Two new IndiGo aircrafts to have Recaro Seat BL3710

The low-cost airline will be the first to feature the bestselling economy class seat in the Indian sub-continent

11 July 2022 2:02 PM IST

Pallonji Mistry (Image credit: Facebook)

Business tycoon Pallonji Mistry dies at 93

Mistry is the largest individual shareholder in the Tata Group with a 18.4 per cent holding in the conglomerate

28 Jun 2022 10:56 AM IST

SpiceJet had approached the DGCA for permission since the rest for the pilots was not in a suitable environment as mandated by Indias Civil Aviation Regulations (CAR). (Representational Photo: PTI)

Minimum 10-15% increase in airfares must: SpiceJet CMD

In his statement on Thursday, Ajay Singh said that the ATF prices have increased by more than 120 per cent since June...

16 Jun 2022 1:05 PM IST

FICCI calls for interest-free, collateral-free loans to support MSMEs amid lockdown. (ANI Photo)

Credit demand of MSMEs at 85 pc of pre-Covid levels

In case of metro cities, demand is around 81 per cent levels as of March 2022. Non-metros have seen a rebound to 99% of...

14 Jun 2022 1:00 AM IST