The ePlane Company targets commercial production by 2028, aims for annual capacity of 80 aircraft
IIT Madras-incubated electric aircraft start-up The ePlane Company is targeting commercial production of its air ambulance eVTOLs in 2028 with an initial manufacturing capacity of around 80 aircraft a year. Speaking…
Retailers recorded 5% growth in May amidst inflationary pressures
Retailers in the country recorded a 5 per cent year-on-year sales growth in May and was sequentially lower than April due to inflationary pressures, as per the monthly business survey…
Dining-out emerges as new growth battleground for Swiggy, Eternal
As competition in food delivery and quick commerce intensifies, Swiggy and Eternal are increasingly betting on dining-out and going-out services as the next growth frontier, with both companies reporting strong…
US auto-safety regulator closes Tesla ‘phantom braking’ probe into 6.95 lakh vehicles as complaints fall
The US National Highway Traffic Safety Administration (NHTSA) has closed its 2022 preliminary investigation into nearly 695,000 Tesla Model 3 and Model Y vehicles over reports of unexpected braking, concluding…
India mulls Tesla-style cash boost for super fuel-efficient carmakers
The government is weighing a proposal to reward carmakers that have topped India's fuel-efficiency requirements since financial year 2023 by allowing them to sell surplus compliance credits to peers that…
Ola Electric hit by fresh insolvency pleas over ₹40 crore in unpaid dues
New Delhi: Two key suppliers of Ola Electric Technologies Pvt. Ltd., the operating arm of listed Ola Electric Mobility Ltd. that accounts for nearly all of its revenue, have moved…
Exide targets first EV cell revenue in Q3 FY27, joins Tata Agratas in commercialization
India's largest battery maker, Exide Industries Ltd, expects to book its first revenue from electric vehicle cell manufacturing in the October to December quarter of the financial year 2027, becoming…
Quote of the day by Eric Thomas: ‘When you want to succeed as bad as you want…’
Success is one of the most desired goals in human life, yet only a few people are willing to pursue it with unwavering dedication. Eric Thomas’s powerful quote, “When you…
India set to approve Geely-backed investment as China ties thaw
India is set to approve a roughly $370 million investment from Horse Powertrain Ltd., a hybrid-engine venture backed by China’s Zhejiang Geely Holding Group Co., that would mark one of…
Quote of the day by Marcus Garvey: ‘A people without the knowledge of their past history…’
Marcus Garvey believed that history and culture give individuals and communities a sense of belonging and purpose. Just as a tree depends on its roots for nourishment and stability, people…
