Panasonic's India arm eyes Rs 500 cr revenue from solar business in 3-4 years
The company aims to expand the offerings to Bengaluru, Pune, Hyderabad, Chennai and Amaravati in the next three years and 25 more cities in the next five years with a target of catering to around 1 million vehicles.
Cabinet gives in-principle nod to strategic sale of Neelachal Ispat
The strategic buyer for NINL will be identified through a two-stage aucti...
EV dream not very far, need priority financing, cut in import duties of some parts: M&M
While stating that the government has done its bit to...
Lithium completes acquisition of 1000 Mahindra EVs in its fleet
Pawan Goenka, managing director at M&M said, “Our partnership is aimed at increasing the large-scale adoption of EVs and bringing a positive change in consumers’ daily commute.” Sanjay Krishnan, co-founder and chief executive officer at Lithium Urban Technologies said the firm is looking at doubling its fleet size in the next two years.
Electric 2-wheeler makers learning to survive without subsidy, FAME II not worked: SMEV
The Society of Manufacturers of Electric Vehicle (SMEV) said after getting a "shock" when FAME II was implemented from April 1, 2019, the industry has devised ways to keep afloat by selling low to mid-speed vehicles, which don't qualify for incentives at heavy discount but incurring losses in the process.
Charged up: Gegadyne's carbon-powered batteries can break China's monopoly on electric vehicles
Gegadyne uses non-lithium based battery technology that can charge EVs from 0-100% in less than 15 min.
Check your passport, foreign travels, electric bill before filling ITR form
Income Tax dept wants to keep a watch on your foreign travel spends & electricity bill payments. The dept has already issued ITR-1 & ITR-4 f...
Route Mobile gets Sebi nod for IPO
The company had earlier received Sebi nod for the IPO in 2018 as well, which had expired.
Mobile makers get retailer ultimatum on online discounts
More than 50,000 mobile phone retailers have given an ultimatum to the top five smartphone brands to permanently stop online discounting and launch of online exclusive models, claiming that the ecommerce push had badly hurt their business.
Simple ITR-1 form not for those paying Rs 1 lakh in electricity bill, owning house jointly
Returns in ITR-1 Sahaj can be filed by an ordinarily resident individual whose total income does not exceed Rs 50 lakh, while Form ITR-4 Sugam is meant for resident individuals, HUFs and firms (other than LLP) having a total income of up to Rs 50 lakh and having presumptive income from business and profession.
Relief for financial firms as RBI allows video KYC
In a move that will enable banks and fintechs onboard customers remotely, RBI has amended its norms to allow the ‘know your customer’ (KYC) process to be completed through a mobile video conversation. The central bank has also facilitated eKYC and digital KYC by allowing use of Aadhaar or other e-documents in the customer due diligence process.
10 firms to list commercial papers worth Rs 5,745 crore on BSE
CPs are usually issued at a discount from face value and reflect prevailing market interest rates.
Govt measures to help India secure sustainable energy future: Niti Aayog vice chairman
Niti Aayog Vice Chairman Rajiv Kumar said India has taken significant steps in improving energy efficiency and cleaner transport with electric vehicles (EVs).
'Cabinet approved disinvestment of stake in NINL, not NMDC'
Neelachal Ispat Nigam Ltd (NINL) is a joint venture company, in which four central PSUs -- MMTC, National Mineral Development Corporation (NMDC), Bharat Heavy Electricals Ltd (BHEL) and MECON -- and two Odisha government companies, IPICOL and Odisha Mining Corporation (OMC), are shareholders.
Adani Electricity set to raise up to $1.5 billion abroad
The proceeds will be used to expand capacity and refinance loans taken to fund the acquisitions.
Copyright © 2020 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service