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Ather Energy, Ola Electric see lukewarm response from investors: ReportDespite gaining significant market shares, Indian electric two-wheeler (E2W) market leaders like Ola Electric and Ather Energy are witnessi...- Byju’s, Meesho face valuation cuts; electric two-wheeler beneficiaries’ tally under FAME slashedOn Tuesday, BlackRock further marked down the valuation of edtech firm Byju’s, while Fidelity Investments slashed Meesho’s valuation by 10%...
- Cognizant Q1 net profit up 3%, to lay off 3,500; Ready to tie up with NPCI: Visa’s Alfred KellyCognizant’s net profit increased 3% in the first quarter to $580 million on lower administration costs and a bump in other income. It will ...
- Swiggy sells cloud kitchen biz; Feb sees marginal rise in e-scooter salesFood and grocery delivery major Swiggy has sold its cloud kitchen business Access to Kitchens@ in a share swap deal. This is another move f...
- Rating agencies put Hero Electric, Okinawa on watchThe heavy industries ministry has launched a probe into alleged violation of localisation norms mandated under the Faster Adoption and Manu...
- Ather Energy raises $50 million in funding as it ramps up electric scooter productionThe company has been valued at $700-800 million after the round, sources aware of the development said.
- Droom Technology bets on four-fold demand in EVs by next three yearsGiven the traction in the local market, the company expects nearly two-thirds of its sales to come from electric vehicles in the coming thr...
- Musk sells $4B Tesla shares; Turtlemint nears unicorn valuationMusk said in a tweet that there are "no further TSLA sales planned after today”. He sold 4.4 million shares on Tuesday and Wednesday, accor...
- Govt plans EV battery standards after fires; Netflix loses two lakh subscribers in a quarterIndia could soon come out with standards for electric vehicle (EV) batteries, after a spate of fires involving electric two-wheelers.
- Logistics wars out in the open; Sequoia breaks silence on corporate governanceThe biggies have simultaneously raised their shipping prices for the aggregators by 30-40%, making the feud public.
- Japan deputy PM Taro Aso says need to defend Taiwan with United States if invaded: Media"If a major problem took place in Taiwan, it would not be too much to say that it could relate to a survival-threatening situation (for Jap...
- Okinawa Scooters in talks to raise Rs 150 crore in equity fundingOkinawa Scooters, which has a new manufacturing plant in the works, is in talks with Zomato, Swiggy, Domino’s, Pizza Hut, etc., to supply t...
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