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BMW launches two new models including EV

BMW launches two new models including EV

07-01-2023  comments

Chennai (IANS) Luxury car maker BMW on Saturday announced the launch of its BMWi7 - petrol and electric - powered models.

The BMW 740i M Sport is locally produced at BMW Group Plant, Chennai while the all-electric BMW i7 xDrive60 is available…

FPIs sold for 11 consecutive days to the tune of Rs 14,300 cr

FPIs sold for 11 consecutive days to the tune of Rs 14,300 cr

07-01-2023  comments

New Delhi (IANS) FPIs have turned sustained sellers in the Indian market and sold for 11 consecutive days taking the cumulative selling to Rs 14,300 crore, says V.K. Vijayakumar, the Chief Investment Strategist at Geojit Financial Services.

"And,…

India relatively bright spot in global economy: IMF official

India relatively bright spot in global economy: IMF official

06-01-2023  comments

New Delhi (IANS) India on Friday was described as a "relative bright spot" in global economy by an IMF official.

IMF's deputy managing director Antoinette Sayeh said during a conference organised by the organisation that Indian economy…

ISRO, Microsoft join hands to empower spacetech startups in India

ISRO, Microsoft join hands to empower spacetech startups in India

05-01-2023  comments

Bengaluru (IANS) The Indian Space Research Organisation (ISRO) and Microsoft on Thursday announced a collaboration to fuel the growth of space technology startups in the country.

Through this tie-up, the space tech startups identified by ISRO…

Hyundai Motor India launches Hyundai Pavilion on Metaverse

Hyundai Motor India launches Hyundai Pavilion on Metaverse

05-01-2023  comments

Chennai (IANS) Car maker Hyundai Motor India Ltd on Thursday announced the launch of the Hyundai Pavilion on Metaverse space - the Hyundai Mobility Adventure on the Roblox platform.

According to the company, the Hyundai Pavilion on metaverse…

Nifty50 expected to touch 20,000 in CY2023: ICICI Securities

Nifty50 expected to touch 20,000 in CY2023: ICICI Securities

04-01-2023  comments

Chennai (IANS) The Nifty50 index is expected to touch 20,000 points in 2023, forecasts ICICI Securities Ltd in a report.

Stagflation is the key risk to equities in CY23 wherein inflation picks up again post the waning of favourable base effects…

CERC asks Centre to compensate imported coal-based power plants, Tata Power welcomes decision

CERC asks Centre to compensate imported coal-based power plants, Tata Power welcomes decision

04-01-2023  comments

New Delhi (IANS) Power plants dependent on imported coal should be fully compensated for meeting electricity demand under forced circumstances, the Central Electricity Regulatory Commission (CERC) has said in an order.

In an order dated January…

Crypto winter wipes over 70K Bitcoin millionaires in 2022

Crypto winter wipes over 70K Bitcoin millionaires in 2022

03-01-2023  comments

New Delhi (IANS) The crypto winter wiped over 70,000 Bitcoin millionaires in 2022, as the recent volatility experienced by top cryptocurrency resulted in millionaire holders suffering significant losses, a report showed on Tuesday.

According…

LML to showcase EV Star at AutoExpo

LML to showcase EV Star at AutoExpo

02-01-2023  comments

Chennai (IANS) Two-wheeler maker LML on Monday said it will showcase its electric model 'Star' at the upcoming AutoExpo 2023 near Delhi, said a top company official.

"We are ecstatic to present this engineering marvel to the world and…

Kia logged 47.7% growth in 2022

Kia logged 47.7% growth in 2022

02-01-2023  comments

Chennai (IANS) Car maker Kia India on Monday said it had closed 2022, clocking 47.7 per cent growth over 2021 with sale of 336,619 units.

The company had dispatched 254,556 units for the Indian market and exported 82,063 units.

Kia India…

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