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Can Ola's e-bike break ICE's dominance over India's motorcycle market?

Ola is offering its mobikes at a price more attractive than its scooters by taking advantage of the lower bill of materials cost for mobikes, which have fewer panels than scooters

Tata's Rs 6K cr plant for iPhones likely to start operations in November

Hosur factory to be second assembly plant for Tata

Central Asia gives India's largest budget carrier IndiGo its wings

Just over a three-hour flight from Delhi, these four countries have seen a big jump in visitors

Large deals power paradigm shift in India's venture capital terrain

Additionally, the total number of high-value deals above $100 million increased from seven to eight

Google begins assembling Pixel 8 in India, plans major manufacturing shift

Initially, Google will produce a limited number of phones, but plans to assemble most of its new smartphones in India for domestic and export markets within three years

Ather's $450 mn IPO: The next big spark in India's electric revolution

The move to go for an IPO is well timed as it comes on the heels of a successful debut in the stock market by its start up rival Ola Electric just few days ago when it raised Rs 5500 crore

Apple exceeds PLI scheme target, ships 85% iPhones by production value

Firm commits export target of $9 billion for FY25

Hero Electric resumes production, seeks up to Rs 200 crore to rev up output

Sources close to the firm indicate that Hero Electric has rejected claims from a segment of its 800 dealers, who allege that the company owes Rs 500 crore in advances for electric two-wheelers

India likely to beat China to be largest two-wheeler nation in CY24

The projections are based on both electric as well as ICE-powered two-wheelers

Rs 1.82 trillion GST from mobile phones 5 times what PLI allocated

ICEA, which provided the GST data, projects that GST collections from mobile devices between FY21 and FY26 are expected to reach Rs 3.09 trillion

How 2W market incumbents Bajaj and TVS are flexing their electric muscle

Bajaj and TVS appear to have picked up the gauntlet, taking on Ola in the sub-Rs 1 lakh e2W market - a segment they had kept away from and where Ola reigned supreme

Epsilon Advanced Materials seeks US trade pact for EV battery compliance

The IRA offers various incentives to accelerate EV adoption in the automotive industry. If signed, the agreement could position India as a key hub for global battery material exports

Apple iPhone export surge catapults electronics to podium position

Only engineering goods and petroleum products rank higher. In the same quarter of 2023-24 (FY24), electronics held the fourth spot

Travel tales: Airlines line up flights as Saudi woos Indian tourists

India has added 443,000 seats in CY2024, according to OAG, an aviation research agency

Bajaj Auto, TVS lead the charge in electric two-wheeler sales surge

The volume push was led by Bajaj, which saw its vehicle registrations go up by a staggering 79 per cent to hit 16,269 in July over the previous month

Qualcomm launches India-made chip to compete with MediaTek in 5G market

The company has partnered Chinese phone maker Xiaomi, and the first phones based on this chipset are expected to hit the market by October this year. It is also in talks with other device makers

India may lead global growth in light-vehicle production: S&P Global

As of 2023, India is the fourth-largest light vehicle producer with 5.4 million vehicles, upstaging Germany (4.3 million) and South Korea (4.2 million)

Meity receives lion's share of PLI scheme and semiconductor outlay

The good news is that the automotive sector, which provides incentives for electric vehicles and components, is finally taking off

iPhones now cheaper by up to Rs 5,900 after Budget's duty relief

Sharpest price is for iPhone SE assembled in India; other models become cheaper too

Electric 2W, 3W companies likely to face retest for FAME-III scheme

Re-certification needed for all models; EMPS may be extended for two more months