Ola Electric is moving the delivery for the first batch of its electric scooters to between December 15 to the end of the month, a two- to four-week delay from its earlier schedule, due to a shortage of chipsets and electronic parts. The first batch of deliveries were scheduled for November 30 but the company decided to delay them after a meeting between its factory team and the global supply chain on Saturday. It became clear that the late delivery of chips and electronic parts was only 'getting worse', sources told Business Standard. Ola has apologised to customers for the delay and said it is "ramping up production as fast as we can so that you can get your Ola S1 at the earliest". It has stopped taking any new bookings until the chip shortage has eased, say sources.
Equity mutual funds attracted an all-time high net inflow of Rs 28,463 crore in March, on continued interest by retail and HNI investors, who used market correction as a good buying opportunity.
The 193-member UN General Assembly on Thursday voted to adopt a draft resolution moved by the US to suspend Russia from the Geneva-based United Nations Human Rights Council (UNHRC) over allegations that Russian soldiers killed civilians while retreating from towns near the Ukrainian capital Kyiv.
Kohli took to Twitter and posted a series of tweets in which he also urged people to adhere to the norms. He hailed all the medical professionals in the country and around the globe for all their fight against the coronavirus pandemic.
India has helped the world discover the true potential of democracy and the keyword for the country today is compassion for the downtrodden, needy and those on the margins, President Droupadi Murmu said on Sunday.
While the Indian Institute of Technology (IIT) Kanpur may have attracted among the highest donations by an individual (former student and IndiGo Airlines co-founder Rakesh Gangwal) at Rs 100 crore last week, IITs have largely seen such contributions rise over recent years, despite the Covid pandemic. According to Mahesh Panchagnula, dean, Alumni and Corporate Relations, IIT Madras, in the last five years, the premier institute has raised more than Rs 135 crore under the endowment category of education alone. Despite the pandemic, there has been an increasing trend in endowment funding received at IIT Madras, with an average increase of about 20 per cent year-on-year across the last five years.
Sachin Tendulkar paid tribute to Shane Warne after the Australian leg-spinner passed away at the age of 52
Olympic athletes realise there is still four months to go before the Tokyo Games and preparations will be in line with protecting their health from the coronavirus, the International Olympic president Thomas Bach said on Wednesday.
Humans will work far more collaboratively with artificial intelligence for rapid and complex decision-making.
After a long delay, Thailand opened its twice-postponed Bangkok international motor show to the public as coronavirus restrictions eased, with nearly all attendees wearing masks and face shields.
The Reserve Bank is working on a phased implementation strategy for its own digital currency and is in the process of launching it in wholesale and retail segments in the near future, RBI Deputy Governor T Rabi Sankar said on Thursday. He said the idea of Central Bank Digital Currency (CBDC) is ripe, and many central banks in the world are working towards it. Sankar further said CBDC is needed to protect consumers from the "frightening level of volatility" seen in some of the virtual currencies which have no sovereign backing.
Facing Anderson in English conditions was the toughest for Ajinkya Rahane by his own admission. Rahane, who has amassed over 4000 runs in Test cricket and has a century in England, the West Indies apart from India, emphasised on the need to be mentally fit during the coronavirus-forced lockdown period.
Serum Institute has the capacity to make 250 million doses of Covishield monthly.
Having exposure to international funds and gold is a must for those who have foreign currency-denominated goals.
Khodadadi, 23, and track athlete Hossain Rasouli had been scheduled to arrive in Tokyo on Tuesday but were unable to fly out.
The ultimate consequences of Rahul Gandhi's yatra may be known only in 2024, points out Dr Sudhir Bisht.
Investments in Indian capital market through participatory notes (P-notes) dropped to Rs 94,826 crore till November-end after hitting 43-month high in the preceding month. P-notes are issued by registered foreign portfolio investors (FPIs) to overseas investors who wish to be a part of the Indian stock market without registering themselves directly. They, however, need to go through a due diligence process.
The Nobel prize season is upon us and the world-famous peace award will be handed out on Friday. Teenage climate change activist Greta Thunberg has been heavily tipped to win the coveted Nobel Peace Prize, after a "school strike for climate" which reached all corners of the globe. As we wait for the announcement, here's a look at some of the other people who were awarded the coveted prize.
India on Thursday abstained in the UN General Assembly on a vote moved by the US to suspend Russia from the UN Human Rights Council over allegations that Russian soldiers killed civilians while retreating from towns near the Ukrainian capital Kyiv.
'We're seeing major Bollywood celebrities, fashion icons, and even movie studios all wanting to build Metaverse experiences'
FHM India has put Texas based fitness model and influencer Elizabeth Marshall is on its April-May cover.
Fintech unicorn Razorpay has raised $375 million in the Series F round of funding at a $7.5-billion valuation, making it India's second-most valuable start-up in this space, after Paytm. The company valuation has surged over seven times in 15 months, helping it push Walmart-owned digital payments firm PhonePe to the third spot on the country's most-valuable fintech list. Razorpay's latest round of fundraising was led by Lone Pine Capital, Alkeon Capital, and TCV.
The menfolk of Bollywood are celebrating their women in the sweetest way possible!
Children below five years are exempted from both pre- and post-arrival testing for COVID-19 in India, according to the revised guidelines for international arrivals released on Thursday.
Sania took to her Instagram handle to wish by sharing a picture with her son, Izhaan.
The greatest strength of a leader is to be able to think about the 'big picture'.
Addressing the 76th United Nations General Assembly session here, Prime Minister Modi said that today, every sixth person in the world is an Indian.
Increasing awareness about mutual funds, ease of transactions through digitisation and sharp surge in equity markets have aided asset management companies to add a staggering 3.17 crore investor accounts in 2021-22, with experts saying the trend is likely to continue this fiscal as well. This was a significant rise from 2020-21 when 81 lakh accounts (or folios in mutual fund parlance) were opened, data with the Association of Mutual Funds in India (Amfi) showed. The ongoing financial year too appears to be promising in terms of folios as increase in investor accounts will enable people to move beyond fixed deposits and savings accounts, said Priti Rathi Gupta, founder of LXME, a financial platform for women.
The Indian Premier League 2022 Player Auction came to an abrupt halt after auctioneer Hugh Edmeades collapsed on stage.
Claiming there were "condemnable, inappropriate and malicious contents" in the serial, Tamil Nadu IT Minister T Mano Thangaraj said the trailer released in social media was aimed at discrediting and distorting the historical struggle of the Eelam Tamils in Sri Lanka.
US e-commerce giant Amazon, which is said to be investigating alleged bribes paid by its legal representatives in India, spent a staggering Rs 8,546 crore or $1.2 billion in legal expenses for maintaining a presence in the country during 2018-20, sources said. Sources aware of the firm's public account filings said entities of Amazon - including Amazon Retail, Amazon Seller Services, Amazon Transportation Services, Amazon Wholesale, and Amazon Internet Services - paid Rs 3,420 crore in India during 2018-19 and Rs 5,126 crore during 2019-20 towards legal fees. Amazon is locked in a legal tussle over the takeover of Future Group and is facing a probe by the Competition Commission of India (CCI).
The European, American and final world qualifying boxing tournaments for the Tokyo Olympic Games were suspended on Monday due to the outbreak of the coronavirus, the International Olympic Committee said. The IOC said the European qualifier in London, which was already under way and due to run to March 24, would end after Tuesday's evening session. It said it would provide details on the qualification process for the other regions at a later date.
While most universities and colleges are genuine about what they offer, applicants need to verify the claims to check for authenticity and red flags if any, alerts Piyush Kumar, regional director, (South Asia), IDP Education, an overseas education consultancy.
Here's the full text of the maiden address to the nation by President Droupadi Murmu on the eve of Independence Day 2022.
'Stick to FDs of shorter tenures, preferably one-two years.'
With Scooters India shutting down, the brand that launched the PSU in India finally rides into the sunset.
The Council will vote on the draft resolution at 3 pm Friday (New York time), two days after it held an emergency meeting on the situation in Ukraine just as Putin had announced Moscow's invasion of Ukraine.
Someone suggested Jaishankar was a potential Kissinger who could try and resolve the Russia-Ukraine imbroglio through his intellectual and diplomatic strengths. But calling the spade a spade on issues like imperialism, colonialism and exploitation, he would have raised many eyebrows in the West at a time when the fractures and wounds needed to be treated and healed, observes Ambassador T P Sreenivasan.
The 1970 Brazil side, led by Pele and featuring names such as Gerson, Tostao, Rivelino and Carlos Alberto, is frequently rated the greatest team of all time. They won all seven of their matches in Mexico, culminating with a 4-1 over Italy in the final at the Aztec stadium. The life-size statue of Pele, dressed in the strip worn by the 1970 team, bore a close resemblance to the former Santos and New York Cosmos striker, unlike many of the statues of famous footballers unveiled recently around the globe.
'I've always wanted to be a pilot; setting records is the icing on the cake.'
