Ola Electric sales at 60k units in Q1, sees sustained demand recovery in Q2
NEW DELHI,: Ola Electric is expecting a sustained demand recovery in the second quarter, according to sources, with its Q1 FY26 vehicle registrations reaching nearly 60,000 units, as indicated by VAHAN data. The company, which saw registrations grow 9 per cent month-on-month in June, is projected to post quarter-on-quarter revenue growth of nearly 25 […]
SBI to classify RCom loan account as “fraud”, name Anil Ambani in report to RBI
NEW DELHI,: State Bank of India has decided to classify the loan account of beleaguered telecom firm Reliance Communications as “fraud” and to report the name of its erstwhile director — Anil Ambani to the Reserve Bank of India (RBI), according to a regulatory filing. Reliance Communications in a regulatory filing said that it […]
AU Small Finance Bank appoints two independent directors, senior executives
NEW DELHI,: AU Small Finance Bank on Wednesday said it has appointed two independent directors and a number of senior executives across verticals. The two independent directors are Nandkumar Saravade – a former IPS officer and an expert in cyber security, fraud risk and regulatory technology- and Jagajit Mangal Prasad, having an experience of over […]
Govt allows cab aggregators to charge up to 2-times of base fare during peak-hours
NEW DELHI: The road transport ministry has allowed cab aggregators to charge up to two times the base fare during peak hours, as against 1.5 times earlier, while for non-peak hours the fare has to be a minimum of 50 per cent of the base fare. The Ministry of Road Transport and Highways in its […]
Will continue supporting HDB Financial post-IPO as well: HDFC Bank CEO
MUMBAI, : HDFC Bank’s Managing Director and CEO Sashidhar Jagdishan on Wednesday said the lender will continue supporting its subsidiary HDB Financial Services post-listing as well. Terming the Rs 12,500-crore initial public offering a “complex” transaction, Jagdishan said this is a “historic” day for the HDFC Bank-promoted non banking finance company (NBFC). HDB shares got […]
NMDC looking to acquire critical mineral blocks overseas: CMD Amitava Mukherjee
NEW DELHI, State-owned iron ore producer NMDC is actively evaluating offshore acquisitions of critical mineral blocks, its CMD Amitava Mukherjee said adding it will strengthen the company’s presence in the global value chain. Critical minerals like antimony, lithium, cobalt, copper are essential for clean energy technologies like solar panels, wind turbines, EVs, and energy storage […]
Travel Food Services IPO to open on July 7; sets price band at Rs 1,045-1,100/ share
NEW DELHI: Travel Food Services, which operates quick-service restaurants and lounge business across airports in India and Malaysia, on Wednesday fixed a price band of Rs 1,045 to Rs 1,100 per share for its Rs 2,000-crore initial public offering (IPO). The initial share-sale will open on July 7 and conclude on July 9. The allocation […]
Pakistani celebrities’ social media accounts remain blocked in India
New Delhi : The social media accounts of several Pakistani actors and cricketers remain blocked after it was reported that certain celeb accounts were now accessible to Indian users. On Wednesday, the Instagram accounts of certain Pakistan actors such as Mawra Hocane, Saba Qamar, Ahad Raza Mir, Yumna Zaidi, and Danish Taimoor beifely appeared to […]
Second batch of pilgrims leave for Amarnath yatra from Jammu
JAMMU: Amid tight security, the second batch of more than 5,200 pilgrims left the base camp here on Thursday for the Amarnath cave shrine in South Kashmir Himalayas, officials said. The 38-day pilgrimage to the 3,880-metre-high shrine commenced on Thursday via the twin tracks — the traditional 48-km-long Nunwan-Pahalgam route in Anantnag district and the […]
Union Minister Shobha Karandlaje joins Amarnath Yatra pilgrims, says ‘atmosphere is very pleasant’
Baltal : Union Minister Shobha Karandlaje visited the Amarnath Yatra base camp in Baltal on Thursday and expressed her joy over the spiritual journey and the ongoing development works in the area. She joined thousands of devotees on the 2025 Amarnath Yatra to seek blessings of Lord Shiva. Speaking to media during her visit, she […]
