American technology company Intel plans to reduce its workfoses more than 20 percent. It aims to eliminate bureaucracy and balance the management. This will be the first major restructuring since the new Chief Executive Officer of Intel, Bu Tan last month. Bloomberg news Report In a source who has been aware of the company’s plan,…
There are difficulties for Ola Electric included in large electric two-wheeler companies. The state government of the company’s stores in Maharashtra is scrutiny due to disturbances about trade certificates. 146 stores were inspected in the state of Ola Electric. Of these, about 121 stores were being run without a trade certificate. 75 of these stores…
Tesla, one of the large electric vehicle (EV) companies, may soon start a business in India. Last week, Prime Minister Narendra Modi interacted with Tesla’s CEO, Elon Musk on telephone. After this, Musk has indicated that he can visit the country soon. One on social media platform x Post In Mask indicated that he would…
Electric two-wheeler maker Ultraviolette is preparing to start business in Britain. The company’s F77 Mach 2 Recon will soon be launched in Britain. Ultraviolette has partnered with Motomondo for this. For the company in Britain as well as Belgium, Netherlands and Luxembourg, it will take responsibility of importers and distributors. The F77 Mach 2 Recon…
The scope of digital payments has increased rapidly over the years. The National Payments Corporation of India (NPCI), which operate the Unified Payments Interface (UPI), plans to add 20 to 30 crore new users for UPI. Its retail users have more than 45 crores. India’s contribution to digital transactions in the world has increased to…
MG Motor’s share in the market of electric vehicles (EV) has increased rapidly in the last few months. The company has a large stake in EV Sales of Windsor EV. This has become the first EV to achieve sales of 20,000 units within six months of launch. The company has said that Windsor EV is…
Payments from mobile have increased rapidly in the last few years in the country. In the second half of the previous year, the value of transactions was increased to Rs 198 lakh crore with the use of mobile phones. This is an increase of about 30 percent on a year-on-year basis. It has an increased…
Ola Electric, one of the large electric two-wheeler companies, has announced to start a hyper delivery for its vehicles. In this, customers will be delivered with vehicle registration within hours of purchasing electric scooters online or at the company’s store. Recently, the company formed a team to handle the process of registration of its vehicles….
BMW, one of luxury car companies, has increased its share in the market of electric vehicles (EV) in the country. In the first three months of this year, sales of the company’s electric vehicles have increased three times on a year-on-year basis. BMW ranks second in the country’s luxury car market. Between January and March…
There has been an international agreement for the supply of components and services between the Tesla and Tata Group companies involved in the large electric vehicle (EV) companies. Under this, many Tata Group companies will be part of the US Tesla supply chain. Tesla is also set to start business soon in India. A media…
