The Press Editor

The company recently entered into a joint venture with Taiwan-based SmartChip Microelectronic Corporation (SMC) to boost EV technology in India and grow into new high-growth markets Mumbai: Shares of Uttar Pradesh-based Pavna Industries surged after the company informed exchanges that it has signed a Memorandum of Understanding (MoU) with the Government of Tamil Nadu to set up an auto-components manufacturing facility in Shoolagiri, Krishnagiri District, Tamil Nadu. As part of the Memorandum of Understanding (MoU), the Government of Tamil Nadu has promised to fully support and help with the quick and effective execution of the project. The new facility will…

Luxury housing sales in Delhi-NCR have risen by 9 per cent in the first half of 2025 (H1 2025) compared to the same period the previous year (H1 2024), as per JLL. New Delhi: Once considered the city’s outskirts, NCR’s peripheral areas are quickly becoming the new centres of opportunity. What’s driving this shift is the infrastructure boom reshaping how people live and move. From the expressways to the expanding metro lines, connectivity is changing the game. Add in planned smart townships and integrated urban clusters attracting buyers, investors, and businesses, depicting infrastructure today as the real engine of NCR’s…

The transport authority set the bike taxi fare based on a formula created by the Khatua panel, which is used for autorickshaw and taxi fares. The STA will review these fares in one year. Mumbai: The State Transport Authority (STA) in Maharashtra has approved provisional licenses for bike taxi services in the Mumbai Metropolitan Region. This approval includes the parent companies of popular app-based taxi services, Ola, Uber, and Rapido, officials said. According to the information available, the approval has been granted on the condition that these companies apply for permanent licences within a month, fulfilling all terms and conditions…

Technically, the stock trades higher than 5-day moving averages but lower than the 20-day, 50-day, 100-day and 200-day moving averages. Mumbai: Shares of homegrown electric vehicle company Mercury EV Tech rebounded after five days of consecutive fall and jumped over 9 per cent amid a rally in stock markets. Benchmark equity indices Sensex and Nifty rallied in initial trade today following positive day-long discussions with the visiting US team on a bilateral trade deal with both sides agreeing to push for an early and mutually beneficial conclusion of the agreement. The 30-share BSE Sensex rallied 262.74 points to 82,643.43 in…