EV Battery Swapping: Reliance Enters India’s BaaS Market
EV battery swapping is Reliance's next mobility bet, using a solar-powered Battery-as-a-Service model to lower upfront costs for commercial fleets.
Section
Category: Companies & Business
News on major companies, retail and consumer brands.
ixigo Evaluates 15-20% Stake in Rival Yatra Online
ixigo is evaluating a 15-20% promoter stake in Yatra Online, a move that lifted Yatra shares and may signal consolidation…
E20 Petrol Does Not Attract Ants, BPCL Explains Why
E20 petrol does not attract ants, BPCL says, rejecting viral claims and explaining how ethanol-blended fuel behaves around moisture and…
Ola Cabs Banned in Chandigarh for 6 Months
Chandigarh's STA has suspended Ola Cabs parent ANI Technologies' aggregator licence for 6 months over rule violations. Here is what…
Jio plans to launch 1,650-satellite LEO network
In a massive move to control India’s space economy, Reliance Jio has submitted a formal proposal to space regulator IN-SPACe…
Apple to hike price due to chip shortage
Apple is officially preparing consumers for a price hike across its hardware lineup. Outgoing CEO Tim Cook confirmed that consumer…
L’Oréal acquire Bare Anatomy for $350-450m
French cosmetics giant L’Oréal has officially signed a definitive agreement to acquire a majority stake in Innovist, the parent company…
IndiGo enters cab service business
India’s largest airline, IndiGo, has officially expanded into ground transportation with the launch of its dedicated airport transfer service, “Cabs…
Pizza Hut sold for $2.7 billion
In an industry-shaking move to shed its slowest-performing asset, Yum! Brands has entered definitive agreements to sell off Pizza Hut…
Adani Green to raise $1 Billion in offshore loan
In a major move to revive its international credit pipeline, Adani Green Energy Limited (AGEL) is in preliminary discussions with…