BMW prices its electric and petrol flagships identically at INR 1.95 crore
The BMW 740 M Sport and the i7 eDrive50 both cost INR 1.95 crore ex-showroom. India is now the only country besides Germany where the i7 is built.
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ToneTag puts UPI fuel payments into Tata connected cars
Connected Tata vehicles will pay for fuel at IndianOil outlets from the dashboard using NPCI's UPI Circle framework for IoT devices. A formal rollout is expected in the coming months.
Four IPOs, one deadline: 71 per cent of September's issue money is going to the companies
Four issues are seeking about INR 1,680 crore before restated March accounts go stale on 30 September. Just over seven-tenths of it is fresh issue.
Sonaselection India opens a wholly fresh-issue IPO of about INR 142 crore
The Bhilwara fabric manufacturer opens on 17 September at INR 94 to 99 a share. The entire offer is fresh issue, with no selling shareholders at all.
India's BRICS trade has doubled in five years
India's trade with BRICS rose from USD 203 billion to USD 417 billion in five years. Exports account for USD 96 billion of that, leaving a deficit of about USD 225 billion.
BMW new 7 Series range petrol and electric flagships priced the same
BMW has priced the petrol 740 M Sport and the electric i7 eDrive50 identically at INR 1.95 crore. Local assembly at Chennai is what makes the parity possible.
Hero Motors seeks 73 times earnings on a three-year average return on net worth of 7.58 per cent
Hero Motors opens on 16 September at INR 79 to 84 a share, valuing it at INR 3,815 crore. Its fresh issue is down a quarter from its last draft.
L&T Finance adds AI agent flight booking to its PLANET app with Pine Labs
L&T Finance will let AI agents complete flight bookings inside its PLANET app using Pine Labs' payments protocol, the first use case in a planned agentic commerce build-out.
Women's share of corporate executive roles fell to 16.7 per cent
The share of women in corporate executive roles among companies benchmarked by Avtar and Seramount fell to 16.7 percent from 20 percent, the first reversal in the study's eleven years.
Delhi's South Zone waste collection goes to an all-electric fleet under a new concession
Renvion has begun integrated waste collection across the 23 wards of MCD's South Zone, handling about 1,400 tonnes a day. The concession value and tenure were not disclosed.
Jawa's third All Stars launch in five weeks
Jawa Yezdi's third All Stars launch in five weeks brings new bodywork and a wider rear tyre, but the INR 1,79,942 headline is the carryover colour, not the new range.
BGauss launches the C12 MaxR at an introductory INR 1,45,990
BGauss has launched the C12 MaxR with a 3.8 kWh battery and a claimed 178 km range. Its own release omits the price; trade coverage puts it at INR 1,45,990 introductory.
Raptee.HV puts INR 50 lakh into an EV lab at Rajalakshmi Engineering College
Raptee.HV has put INR 50 lakh into a 3,000 sq ft electric mobility lab at Rajalakshmi Engineering College in Chennai. Neither party disclosed annual intake or the term of the agreement.
Half of surveyed Cyber GCCs have global security teams reporting into India
Half the cyber capability centres surveyed by KPMG in India and DSCI now have global security teams reporting into India. The release states no sample size, so every percentage is unbased.
Recyclekaro agrees a battery and e-waste recycling joint venture in Uzbekistan
Recyclekaro will build battery and e-waste recycling in Uzbekistan with state-owned TMK, weeks after the two countries named mineral processing a priority. Investment, capacity and timeline are all undisclosed.
Hindustan Zinc signs a six-year contract
Hindustan Zinc will move zinc and lead concentrate from Rampura Agucha to its Rajasthan smelters on 30 electric trucks under a six-year contract with MFL India, which also builds the charging infrastructure.
Zuno's blended fuel add-on covers only cars registered after April 2023
Fuel Guard covers specified engine and fuel-system parts against damage caused directly by manufacturer-approved blended fuel. Eligibility starts at cars registered on or after 1 April 2023, which excludes the older cars owners have been asking about.