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Subscribe to enjoy similar stories. A month after Ola Electric was listed in the public market, its older but smaller rival Ather Energies also filed its draft red herring prospectus (DRHP) for an initial public offering (IPO). Founded in 2013, Ather Energies has seen Ola Electric, four years its junior, overtake it in sales in the past few years.

Subscribe to enjoy similar stories. Mumbai: Credit growth that leapt far ahead of deposit growth has slowed, narrowing the gap between the two, as regulatory measures take effect and banks dial down a loan frenzy. The difference between non-food credit and deposit growth shrank from 311 basis points on 26 July to 275 bps on 23 August, latest data from the Reserve Bank of India (RBI) showed.

Gujarat coast using viability gap funding (VGF). The Union Cabinet had in June approved a VGF scheme for 1,000 MW offshore wind projects in Gujarat and Tamil Nadu. Proposed guidelines for the tender, which were issued last week, state that the successful bidder or bidders will get to sign a power purchase agreement at a fixed tariff of ₹4.5 per unit for Gujarat.

Piyush Goyal will on Monday launch the Bharat Startup Knowledge Access Registry (BHASKAR) initiative which will serve as a central hub where startups, investors, service providers, and government bodies can come together to collaborate, exchange ideas, and accelerate growth. According to an official statement, it will also enhance collaboration among key stakeholders within the entrepreneurial ecosystem, including startups, investors, mentors, service providers, and government bodies. The primary goal of BHASKAR is to build the world's largest digital registry for stakeholders within the startup ecosystem. To achieve this, the platform will offer several key features such as networking and collaboration. providing centralized access to resources, creating personalized identification, enhancing discoverability, and supporting India's global brand.

Subscribe to enjoy similar stories. Studying overseas is expensive. However, many countries offer a post-study work visa to international students.

Kamala Harris revealed that she owns a handgun for personal safety. This disclosure, which came as a strategic response to Republican criticisms, highlights her effort to navigate the complex landscape of American gun politics. According to a White House source, Harris’s gun is securely stored at her California home. During the debate, Harris addressed Republican accusations with the statement: “This business about taking everyone's guns away — Tim Walz and I are both gun owners. We're not taking anybody's guns away, so stop with the continuous lying about this stuff.” She also recalled her personal reasons for owning a gun, saying in 2019, “I am a gun owner, and I own a gun for probably the reason a lot of people do — for personal safety. I was a career prosecutor.”

Tesla Semi’s lithium-ion battery, resulting from a crash, required around 50,000 gallons or about 190,000 litres of water to extinguish. The incident took place on August 19 and is being investigated by the US's National Transportation Safety Board (NTSB). According to the NTSB's preliminary report, the battery reached temperatures of 1,000 degrees Fahrenheit. As a safety measure, firefighters also used an aircraft to drop fire retardant around the truck. The crash occurred near Interstate 80 at Emigrant Gap, approximately 70 miles northeast of Sacramento. NTSB investigators examined the fire risks linked to the truck's large battery. They confirmed that the truck was not operating on Tesla's partially automated driving systems, which «could not be engaged.»

Federal Reserve is in focus next week, as uncertainty swirls over how much the U.S. central bank will cut interest rates at its monetary policy meeting and the pace at which it will reduce borrowing costs in coming months. The S&P 500 index is just 1% shy of its July record high despite weeks of market swings sparked by worries over the economy and seesawing bets on the size of the cut at the Fed's Sept. 17-18 meeting.

viability gap funding (VGF) for 1,000 MW of offshore wind energy projects to be developed by the end of FY32 with an outlay of ₹6,853 crore. The contracts for the projects--to be developed off the coast of Gujarat and Tamil Nadu--will be awarded through international competitive bidding by the ministry of new and renewable energy through the Solar Energy Corporation of India. The outlay for the capacity addition was approved by the Cabinet in June. As per the proposed guidelines, the successful bidder or bidders will get to sign a power purchase agreement with a fixed tariff of ₹4.5 a unit for capacity in Gujarat and ₹4 a unit in Tamil Nadu. Bidders will be required to make technical and financial bids, and the lowest quoted VGF will get the highest capacity.

German and Kenyan officials have signed an agreement to promote the recruitment of skilled Kenyan workers who can fill gaps in Germany’s labor market, and to facilitate the repatriation of Kenyans who don’t have the right to stay in Germany

LTIMindtree Ltd. gained 0.48 per cent to Rs 6423.1 in Friday's session as of 01:38PM (IST) even as the equity benchmark Sensex traded 88.8 points lower at 82873.91. Earlier in the day, the stock witnessed a gap down start to the session. The stock quoted a 52-week high price of Rs 6442.65 and a 52-week low of Rs 4518.35 on NSE. Around 4630 shares changed hands on the counter till 01:38PM (IST).

Havells India Ltd. traded at Rs 1993.6 on BSE at 10:56AM (IST) on Friday, down 0.11 per cent from previous close. The stock quoted a 52-week low price of Rs 1233.1 and a high of Rs 2023.4.

Ambuja Cements Ltd. rose 0.74 per cent to Rs 633.65 at 11:35AM hours (IST) on Friday. Earlier in the day, the stock saw a gap up start to the session. As per data available on BSE, total traded quantity on the counter stood at 41,160 shares with a turnover of Rs 2.59 crore till 11:35AM (IST). The stock traded at a price-to-earnings (P/E) multiple of 47.02, while the price-to-book value ratio stood at 3.25.

Hardika Shah a standout contender for the ET Startup Awards jury in the Woman Ahead category. Shah founded Kinara Capital, a non-banking financial company, in 2011 to drive financial inclusion for small businesses and emerged as the jury favourite because of her ambition to solve a significant problem in the lending space.

Air Canada is asking Prime Minister Justin Trudeau’s government to intervene in contract negotiations with its pilots, seeking to avoid a shutdown of the airline next week.

Sead specializes in writing factual and informative articles to help the public navigate the ever-changing world of crypto. He has extensive experience in the blockchain industry, where he has served...

(Bloomberg) — Air Canada is asking the federal government to intervene as early as Saturday to request arbitration ahead of a potential strike by pilots at the country’s largest airline.

The announcement that the New Democratic Party is splintering from its coalition with the Liberals served as a reminder of what a colossal mess the government has left the national economy. The imbalances are shocking and numerous.

The woman, who earns Rs 1.3 lakh per annum and holds a Bachelor of Education (B.Ed) degree, is seeking a techie groom with a significantly higher income of Rs 30 lakh per annum. According to her post, she prefers someone settled either in India, the US, or Europe and mentions that her ideal match should own a spacious 3BHK home. Additionally, she expressed her love for luxury, noting that she enjoys traveling to various destinations worldwide and staying in 5-star hotels. One user on X shared the profile with the caption, “Her qualities and salary. Expected husband’s qualities and salary,” pointing out the vast gap between her income and her expectations for a partner.

Max Healthcare Institute Ltd. gained 1.42 per cent to Rs 892.35 in Wednesday's session as of 10:45AM (IST) even as the equity benchmark Sensex traded 142.87 points higher at 82064.16. Earlier in the day, the stock witnessed a gap down start to the session. The stock quoted a 52-week high price of Rs 979.8 and a 52-week low of Rs 531.05 on NSE. Around 8986 shares changed hands on the counter till 10:45AM (IST).

GAIL (India) Ltd. fell 1.15 per cent to Rs 217.35 in Wednesday's session as of 01:03PM (IST) even as the equity benchmark Sensex traded 44.11 points higher at 81965.4. Earlier in the day, the stock witnessed a gap up start to the session. The stock quoted a 52-week high price of Rs 246.35 and a 52-week low of Rs 116.2 on NSE. Around 144083 shares changed hands on the counter till 01:03PM (IST).