“We will not stop until every car on the road is electric”- Elon Musk The above line by founder of Tesla (world’s first electric automobile company) is somewhat going to be true in upcoming decades. Electric vehicles are taking over the traditional diesel and petrol engines, due to the growing concerns on fossil fuel consumption […]
On Friday, Ola along with Mahindra announced a joint venture programme to build an electric mass mobility ecosystem in Nagpur. Devendra Fadnavis, Chief Minister of Maharashtra, and Nitin Gadkari, Minister of Road Transport, Highways and Shipping, inaugurated the multi-modal electric vehicle project and Ola Electric charging station. This project brings vehicles across different segments and […]
Leading taxi-hailing app Ola on Monday partnered with luxury car maker BMW, which the two companies claimed will go a long way in redefining on-demand luxury mobility in India. Ola claims it has around half a million drivers on its platform and the service, Ola Lux, is available in Mumbai, Delhi and Bengaluru to begin with, […]
As Britain voted to exit the EU, Tata Motors-owned Jaguar Land Rover today said it is “business as usual” and will manage the long-term impact and implications of the decision, insisting “nothing will change” overnight for it and the automotive industry. “For Jaguar Land Rover, today is just business as usual. We are a British […]
The Tata Group today said it has developed a watch exclusively for factory workers which can provide critical real-time safety data and announced that it is looking to sell wearable devices to tech-savvy consumers in the future. “This is the very first safety wearable in the world designed specially for a factory floor worker,” the […]
Udemy for Business has scaled from $1 million to $100 million annual recurring revenue (ARR) in just five years.
Singapore-headquartered logistics-tech startup Ezyhaul raised USD 16 million in funding to expand its operation in South Asia and invest in technology.
Xi Jinping, President of China promised to lower down import tariffs on products including cars and open country’s economy in a speech delivered on Tuesday over matters concerning around ongoing trade tensions between China and the United States. At present, a 25 percent import duty is levied on Chinese imports. In his address speech at […]
Bombay Hemp Company Pvt Ltd. (BOHECO), raised Rs3.08 Crore capital from Ginni International Limited, a textile company based in Hong Kong and existing investor, Mukhtar Tejani of Gits Food. The company had previously allotted 308,063 shares worth Rs100 each. BOHECO previously raised 6.25 crore from a group of investors that included the notorious Ratan Tata, […]