Author: News Desk
BSNL to sell 10,000 telecom towers. The enterprise value of the towers is Rs 4,000 crore. KPMG will be the financial advisor for the sale. The sale is to meet the centre’s monetisation plans BSNL operates in 20 of India’s telecom circles. It owns over 68,000 towers. 70% of them are capable of supporting 4G and 5G services.
When it comes to easy driving, an automatic car is a good option. In India, the automobile market offers a lot of automatic car options. We list for you five top automatic cars in India that fall underRs 10 lakhs. Tata Tiago: The stylish Tata Tiago is an apt choice for five people. It is available in five colours. The automatic base variant is priced at Rs 6.55 lakh (ex-showroom). The price of the high-end automatic model is Rs 7.47 lakh (ex-showroom). Tata Tiago with 4-star NCAP ratings has safety features such as two airbags, an anti-lock braking system, and speed-sensitive auto door locking. Hyundai Grand i10 Nios: This five-seater car is available in 13 variants and seven colour options. The price for the automatic variant starts from Rs 6.78 lakh and goes up to Rs 8.02 lakh (ex-showroom).…
In an unexpected move that is capable of changing India’s media landscape, billionaire Gautam Adani started the takeover of media giant NDTV. On the surface, although the action looks like a sudden one, the reality is that it is an outcome of something that happened 13 years ago. On August 22, NDTV said that the news about its founders Prannoy Roy and wife Radhika Roy selling their stakes in the company held via RRPR Holding Private Limited was a ‘baseless rumour.’ They made it clear that no discussions have taken place regarding the change in ownership or divestment of their stake in NDTV. On…
Mercedes Benz launched its most expensive electric vehicle (EV) Mercedes AMG EQS 53 4MATIC in India. Price starting at Rs 2.45 crore (all India ex-showroom). The Mercedes-AMG EQS 53 4MATIC would be imported as a completely built unit (CBU). It comes with a 107.8kWh battery. It can accelerate from 0-100 km/hr in 3.4 seconds with a battery charge level of at least 75%. In single charging, it has a range of 529-586 km. Mercedes would launch three electric vehicles in the next four months.
Reliance Retail forays into general trade. It will sell its own FMCG brands. The company has set a target of Rs 50,000 crore. Brands in both food space and non-food space will enter the market. Some food space brands are Good Life, Best Farms, Desi Kitchen, and Healthy Life. In the non-food space, it has entered the personal and homecare business. Brands in personal care include Get Real, Mothercare, Jive. The home care portfolio has My Home, Enzo, Snug, Shieldz and Samvaad. Over a period, Reliance may introduce Stock Keeping Units for general trade.
Saudi Arabia is known as the world’s biggest exporter of oil. Now, the country is witnessing a property market boom, thanks to the spike in energy prices that flows through the economy. In Almajdiah Residence’s new Riyadh complex, over 300 apartments were sold in a month for cash. That too without putting any advertisement! At a time when the world is fretting over inflation caused by the Russia-Ukraine war and potential recessions, Saudi Arabia’s economy is the fastest growing. In the second quarter, the gross domestic product expanded 11.8 per cent and the non-oil economy grew 5.4 per cent. Billions of dollars are…
Chinese electric vehicle maker BYD, backed by Warren Buffet, will launch the Born Electric SUV for the Indian market in the fourth quarter of the current year. Deliveries would begin in January. This will be the first Born Electric SUV in the mass market. The Born Electric models from Tata Motors, Mahindra and Mahindra will go on sale from 2024.
The state-of-the-art Amrita Hospital is built on a sprawling 130-acre campus. It has a dedicated seven-storey research block. The hospital has been constructed over a period of six years with the support of Mata Amritanandmayi Math. It was constructed at an estimated cost of around Rs. 6000 crores. The super-speciality hospital has opened with 500 beds. It is expected to be fully operational over the next five years. The hospital with 81 specialities is said to be the largest private hospital in Delhi-NCR and the country.
Shellios Technolabs, A Delhi-based startup developed an anti-pollution helmet. It can help a two-wheeler rider breathe cleaner air by filtering it. The helmet, PUROS, has an air-purifying system attached to the rear of the helmet. The helmet also comes with a micro-USB charging port. And a Bluetooth-enabled app that lets the rider know when the helmet requires cleaning. The startup has received funding from the Ministry of Science and Technology Entrepreneur Park Noida. The helmet has been granted a utility patent It is sold across the country at a price of Rs 4,500.
What about a common charger for most mobile devices?The Ministry of Consumer Affairs is checking its possibility. An expert group will study the adoption of common chargers. They will examine charging ports used in three segments. Mobiles and feature phones, wearable devices, and laptops and tablets. A detailed report to be submitted in two months. Initially, India would explore shifting to two types of chargers. This would include a C-Type port. One-charger policy is likely to find wide public support. But, the India Cellular and Electronics Association has raised concerns. It says migrating to C port type would raise the prices of low-end chargers.