Author: News Desk

India’s third Vande Bharat Express successfully completes trial runs. It completed the ‘water glass test’ running at a speed of over 180 km/hr. A glass was filled to the brim and placed next to a speedometer in the driving chamber. The glass remained stable when the fastest engine-less train sped up. Even at its peak speed, it maintained stability. Now, the Express all is set for its passenger run.

Electric mobility startup Yulu today raised $82m (£653m) in a Series B round led by mobility technology company Magna International. Existing investor Bajaj Auto also participated in the round. Yulu offers Electric Mobility as a Service (MaaS) and Battery as a Service (BaaS). The funds will be used to expand the fleet over the next 12 months, making the battery swap network ten times the capacity at a time. Yulu has also expanded its EV fleet to more than 100,000 of electric two-wheelers, and within the same period it plans to install more than 500 battery charging and swapping stations.…

The Tata Group plans to buy a stake in India’s biggest packaged water company, Ramesh Chauhan-owned Bisleri International. The Tata Group`s Tata Consumer enterprise, which sells Tetley tea, Eight O` Clock coffee, Soulful cereals, salt and pulses, operatingStarbucks cafes, is actively exploring strategic acquisitions. Inorganic increase could be a “considerable part” of the increase strategy. Tata Consumer has its personal bottled-water enterprise below NourishCo, however that stays a spot enterprise. Bisleri has greater than a hundred and fifty production flowers and a community of over 4,000 vendors with 5,000 vehicles throughout India, consistent with statistics on its website.Apart from mineral…

American electric car maker Tesla has lost three senior executives at its India office. The company has lost three members of its original 12-strong team since the resignation of Country Policy Head Manoj Khurana in June. These exits signal a waning interest in the Indian market. However, the company has not yet abandoned its office and legal entity.The company will be incorporated in Bangalore on January 8, 2021 and plans to launch vehicles within six months. Tesla’s plans for India have been hit by the government’s stance on electric vehicle (EV) import tariffs. India currently imposes a 60% tariff on…

Union Finance Minister Nirmala Sitharaman was the chief guest at the 10th Convocation of the Indian Institute of Information Technology Design and Manufacturing Kanchipuram (IIITDM Kanchipuram). On the occasion, Sitharaman emphasized that higher education in India contributes to some of the world’s best business executives, with about 25% of all Silicon Valley startups being led by “people of Indian descent.” By providing equal opportunities for all young people regardless of gender or class, the entire 65% of the young workforce can contribute to India’s growth. India’s working-age population is much larger than China’s, she said, adding, “This highlights the importance…

A blanket, indeed a blanket of snow…a destination that you shouldn’t miss when visiting Munnar. Blanket Nature Hotels in Pallivasal will amaze you with the luxury experience nature has prepared for you Blanket is undoubtedly the best eco-friendly resort to stay in Munnar. The room, the food and  the ambience is luxurious. Attukad Falls can be enjoyed sitting in a cozy room or from the balcony. The river flows wildly through the forest, the water drops falling on the cliff and rising together with the fog creates a magical sight. This wonder of nature that cannot be seen anywhere else.…

Hop Electric launched the Oxo electric motorcycle. The starting price is Rs1.25 lakh. It is available in two variants – Oxo and Oxo X. Hop Oxo is built on a 72V architecture. It claims a 150 km range on a single charge. Hop Oxo comes with three riding modes – Eco, Power, and Sport. The motorcycle can be charged at any 16Amp power socket with a portable smart charger. The company claims 15 per cent better efficiency than rivals.

The name Meesho is buzzing in the e-commerce world now. A shortcode for ‘My Shop’, the social commerce platform gained popularity after the pandemic and gathered 120 million monthly active users. A big competition to e-commerce giants Amazon and Flipkart. They have 200 million registered users each. Before the pandemic, the platform launched by Vidit Aatrey and Sanjeev Bamwal was led by 15 million women sellers who bought products from the platform and resold them via WhatsApp and Facebook Groups. Now, it has a share of about 30 per cent of daily online deliveries. Out of the 9 million daily e-commerce orders, Meesho holds 2.7 million which…

The IT department wants the winners of online games to use the updated income tax returns (ITR-U) scheme. To disclose their incomes and pay taxes with applicable interest. Central Board of Direct Taxes (CBDT) chairman Nitin Gupta said that players associated with just one gaming portal have been found to have won Rs 58,000 crore. The gross gaming winning amount is chargeable at 30% tax without any rebate or deduction. Gupta added the CBDT was in the process of issuing a clarification on the applicability. Section 194R of the Income Tax Act 0.1 million ITR-Us have been filed by taxpayers.…

For those who are looking for a job, here is good news. Qatar Airways is hiring a significant number of staff for its various divisions across India. Indian citizens can send applications from September 16. The recruitment drive will happen in Delhi on September 16 and 17. In Mumbai, the recruitment drive will occur on September 29 and 30. Qatar Airways will hire staff for Qatar Airways, Qatar Duty Free, Qatar Aviation Services, Qatar Airways Catering Company, and Qatar Distribution Company to the Dhiafatina Hotels. Staff will be hired for roles such as culinary, corporate and commercial, management, cargo, customer…