Akasa Air to start flights on Chennai-Mumbai route from Sept 15
Medilytix Bureau: Rakesh Jhunjhunwala-backed Akasa Air on Tuesday said it will start operating flights on the Chennai-Mumbai route from September 15. The new carrier will launch commercial flight operations on…
Vedanta, Adani, JSW Infra, submit EOIs for Karaikal Port
Medilytix Bureau: Vedanta, Adani Ports NSE 0.61 % and Special Economic Zone, JSW Infrastructure, Jindal Power and a consortium of RKG Fund and Sagacious Capital have submitted expressions of interest…
Scorpio-N creates new record of sorts; gets Rs 18,000 crore worth of bookings within 30 minutes
Medilytix Bureau: Homegrown sports utility vehicle maker Mahindra & Mahindra said that it recorded 1,00,000 bookings for the all-new Scorpio-N within 30 minutes of commencement — gathering around Rs 18,000…
Maruti Suzuki sales rise 8.28% in July; utility vehicles register 28% drop
Medilytix Bureau: The country’s largest homegrown car manufacturer Maruti Suzuki India (MSI), Monday, revealed that it has recorded sales of 175,916 units in July 2022, an increase of 8.28 per…
EV sales in India to breach the 9 mn mark by 2027:Report
Medilytix Bureau: India’s electric vehicle (EV) market is projected to witness sales to the tune of 9 million units mark per annum by the year 2027, says a report by…
Govt Looks To Open Up Lithium Mining To Private Players For Self-Reliance In EV Batteries: Report
Medilytix Bureau : As many as six key amendments to the Mines and Minerals (Development and Regulation) Act, 1957 are proposed to be introduced in the current monsoon session of…
New mobility companies seek to disrupt Ola, Uber
Medilytix Bureau : India’s two dominant ride hailing platforms – Ola and Uber – are facing several smaller upstarts, category-specific business models as well as traditional players looking to break…
Ather Energy FY22 Operating Revenue Rises 5X On Higher Sales, Loss Surges 47.5% to INR 344.1 Cr
Medilytix Bureau : Bengaluru-based two-wheeler electric vehicle (EV) startup Ather Energy reported more than a 5X year-on-year (YoY) growth in its operating revenue in FY22, driven by a significant rise…
BluSmart Close To Raising $250 Mn In Fresh Funding From BP Ventures, Others To Increase Fleet Size: Report
Medilytix Bureau : Electric ride-hailing startup BluSmart is reportedly close to raising $250 Mn from investors including BP Ventures. BluSmart CEO Anmol Jaggi told that the startup was expecting to…
IPICOL & FICCI sign MoU for the upcoming Make in Odisha Conclave 2022
Medylitix Bureau: Industrial Promotion and Investment Corporation of Odisha (IPICOL) and Federation of Indian Chambers of Commerce & Industry (FICCI) signed a MoU making FICCI as National Industry Partner for…