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Uber on Wednesday announced the launch of its flagship product Uber Black, starting with Mumbai next week. ET had exclusively reported on August 26 about the cab aggregator's plan to bring back its top-of-the-line product Uber Black as Indian consumers spend more for premium experiences. Under Uber Black, the company will offer a range of features, including higher-end cars and top-rated drivers.

«So, thermal; renewable; transmission; distribution with smart meters; pump storage; airports, Jewar, Navi Mumbai, these are all happening sectors,» says Vinayak Chatterjee, The Infravision Foundation. The private sector capex is not starting. We all are waiting, waiting, waiting and watching. Why is that? Vinayak Chatterjee: Actually, it is strictly not true that private sector capex is not happening. Let me outline for you the sectors where robust private sector investment is happening. So, I really do not know why you say that. Take the case of power, there is an uptick in investments by private sector in new green field as well as picking up distressed thermal coal assets and pumping more money into them.

A site in New York state has been chosen to build trains for a new high-speed rail line being constructed between Las Vegas and the Los Angeles area

India remains an outlier among nations that encourage this stratagem. True, India has strategic compulsions in its neighbourhood, which make dual citizenship difficult for now. But it addresses the economic imperative by allowing permanent residency to the diaspora. Since this facility was introduced, India has plugged deeper into the global economy, and its workforce-and, indeed, culture and values-have become more mobile.

Electric Mobility Promotion Scheme (EMPS) till the government launches the third edition of its flagship incentive programme Faster Adoption and Manufacturing of Electric Vehicles (FAME), union minister for heavy industries HD Kumaraswamy said on Monday.

EV transition of fleets by companies is 'very important' to 'somewhat important' in reducing air pollution and emissions, according to a study released by Sustainability Mobility Network (SMN) on Monday. The study, 'Consumer Perceptions & Insights in the Last Mile Delivery Sector for the Transition to Electric Vehicles (EV)', has also concluded that more than 80 per cent of respondents from Bengaluru are willing to switch to a brand with strong emission reduction commitments. Last-mile delivery refers to the transportation of goods from its distribution hub to the door of the customer. As of 2024, the last mile delivery sector alone is responsible for the emission of 5 lakh tonnes of CO2, a greenhouse gas, into the atmosphere. In Karnataka, apart from Bengaluru, consumers from Hubli-Dharwad were also surveyed.

Electric Mobility Promotion Scheme (EMPS) till the launch of the third edition of its flagship incentive scheme FAME (Faster Adoption and Manufacturing of Electric Vehicles), Union Minister for Heavy Industries H D Kumaraswamy Monday said. EMPS was scheduled to be in force till Sep 30. But the announcement for benefits to support adoption of e-mobility is likely to take another two months, Kumaraswamy said recently, necessitating an extension. “It will be extended till FAME comes,” Kumaraswamy said at the 64th Annual Session of the Automotive Component Manufacturers’ Association (ACMA).

hyper-growth stocks in India, a few names consistently pop up on investors' radars. One company that has grabbed headlines is Dixon Technologies, and it’s easy to see why. As India’s economy booms and Production Linked Incentive (PLI) schemes provide tailwinds, Dixon has emerged as a frontrunner in the Indian manufacturing story.

Fifty-three years after its founding, Starbucks is unhappy with what it’s become – and trying to figure out how to meet customers’ changing needs without losing its coffeehouse roots

Cell Broadcasting Solution (CBS) at pan India level that will alert mobile phone users with a sound whenever there is a disaster alert, said officials. The facility will be part of Common Alerting Protocol (CAP) run by DoT on behalf of the MHA during natural disasters such as flood, earthquakes, landslides among others, they added. A senior government official further explained, «CAP is an SMS based alert protocol which takes data from government scientific agencies like IMD, CWC, NCS and issues real-time alerts to citizens in the Area of Concern such as track of a cyclone, as SMS on their mobile phones,» explained a senior official. The implementation of CBS will help in mitigation of human lives and livestock in remote parts of the country. "

New Delhi: Talks on a free trade agreement (FTA) between the UK and India is expected to resume next month after a “comprehensive review" of progress so far by the two sides, two people aware of the matter said, with subjects like migration and mobility put under the scanner by the new Labour government led by Prime Minister Keir Starmer. "The fourteenth round of FTA negotiations, stalled due to the general elections in both countries, will kickstart again next month, now that elections are over and new governments have taken charge," said the first person mentioned above, speaking under anonymity. "Both sides are hoping for a quick completion of the FTA.

Competition Commission of India has approved the National Investment and Infrastructure Fund's (NIIF) proposal to acquire an additional stake in Ather Energy. The deal was cleared by the competition watchdog under the green channel route. «The acquirer (India-Japan Fund) proposes to acquire certain Series G Compulsorily Convertible Preference Shares of Ather,» the regulator said in an order. India-Japan Fund (IJF) is a fund managed by NIIF. The fund focuses on investing in environmental sustainability, and low-carbon emission strategies and promoting investments by Japanese companies in India.

cost of electric vehicles, will be issued by the ministry of heavy industries, the nodal ministry for the Faster Adoption and Manufacturing of Electric Vehicles (FAME) scheme. These certificates will feature the Government of India’s logo, the subsidy amount, and a QR code linking to information about the FAME scheme and the customer's role in reducing the country's carbon emissions, two people with direct knowledge of the plans told Mint on condition of anonymity. “Many customers don’t realize how much of the discount (on their EV purchase) comes directly from the government," one of the persons cited above said.

Assam Rifles (AR) have deployed anti-drone systems in Manipur to counter any 'rogue drones,' and additional anti-drone guns are being brought into the state by the Central Reserve Police Force (CRPF) to enhance security measures. In a post on social media platform X, the Manipur Police said, «AR has deployed a few anti-drone systems in the state at fringe areas to repel any rogue drones. CRPF has also tested one anti-drone system and given it to the force deployed in the State. Some more anti-drone guns are being brought to the state by CRPF shortly.» https://x.com/manipur_police/status/1832470367593480320

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External Affairs Minister S Jaishankar on Saturday highlighted India's readiness to collaborate with like-minded partners on focused agendas, citing the Quad as a prime example. Jaishankar made these remarks as he addressed the FPCI Global Town Hall 2024. Jaishankar also shared a post on X and wrote, «Addressing the @fpcindo Global Townhall 2024 session on 'Anticipating Greater Geopolitical Turbulence Ahead, and Finding Ways to Calm the Storm.'

Amazon Electronics Festive Sale discounts on the best laptopsCheck out the best deals on laptops below:Also Read: Best laptops with long battery life: The essential buying guide with top options for your next laptop purchaseThe Amazon Electronics Festive Sale brings incredible discounts on the best tablets from leading brands like Apple, Samsung, and Lenovo. With great savings, you can find the perfect tablet for work, entertainment, or education.

Bharti Airtel, Reliance Jio and Vodafone Idea (Vi) have unveiled a host of limited-period offers that bundle generous dollops of extra data, over-the-top (OTT) streaming apps, gift vouchers and extended pack validity to hold on to their top-end, revenue-generating prepaid users, in the aftermath of the recent headline rate hikes. A day after Jio offered additional benefits worth ₹700 on its ₹899, ₹999 and ₹3,599 prepaid packs as part of its eighth anniversary offer, Airtel and Vi on Friday rolled out their own competitive festive offers to counter Jio amid rising competition in the battle to retain revenue-generating prepaid users. The latest battle to retain high-value prepaid users between India's top three telcos comes even as loss-making Vi itself is struggling to hold onto its own users. Vi's stock plunged almost 11.5% to close at ₹13.36 on the BSE on Friday, just days after its revenue market share (RMS) plummeted to an all-time low of 15% in the fiscal first quarter, as per latest data collated by the telecom regulator.

Mercedes-Benz India, the nation's leading luxury carmaker, argues that any tax relaxation on petrol-battery hybrids could cause industry distortion and hinder the adoption of zero-emission electric vehicles, ToI reported. Mercedes contends that lower tax rates for electric vehicles (EVs) are essential to maintain their affordability compared to petrol, diesel, and hybrid vehicles. «Today, consumers are not ready to pay a premium for a sustainable mobility solution. They want the prices (of EVs) to be the same or even cheaper if possible (and) in that context, I think a continuation of difference in taxation will help in better adoption, or faster adoption, of EVs,» said Santosh Iyer, MD and CEO of Mercedes India. Currently, the Goods and Services Tax (GST) on electric vehicles is 5%, whereas larger hybrids face a 43% tax and regular petrol cars are taxed at 48%. «So, technically the govt has a three-tier approach, and the request is to just continue the approach so that it is beneficial in the long run,» Iyer added.

deposit growth due to increasing competition from mutual funds (MFs) and other alternative investment options. At the FICCI-IBA banking conference, Indian Banks’ Association (IBA) chairman, MV Rao, highlighted that mutual funds offer higher returns as they are not subject to the same regulatory restrictions as banks. This has led to a shift in investor preferences towards MFs, making it difficult for banks to maintain a competitive edge in deposit mobilization. Rao emphasised that the regulatory framework governing banks, such as end-use monitoring and interest rate restrictions, limits their ability to provide attractive returns to depositors. He noted that mutual funds are not required to verify the end-use of funds or prioritize specific sectors, allowing them more flexibility and higher yields. “MFs do not have end-use verifications and restrictions on priority sector or to the MSME or government schemes. That’s why MFs can offer more than bank deposits,” said Rao, who also serves as CEO of Central Bank of India. Bankers across the sector have expressed concerns about the systemic risks posed by this trend. Rao warned that most MF investors are not conducting proper analysis and may face significant risks in the future if market cycles shift. HSBC India CEO Hitendra Dave added that blaming MFs might not be the solution, as liquidity eventually returns to the banking system. Dave urged banks to study the underlying factors affecting deposit growth rather than focusing solely on MF competition.

Qualcomm has explored the possibility of acquiring portions of Intel's design business to boost the company's product portfolio, according to two sources familiar with the matter. The mobile chipmaker has examined acquiring different pieces of Intel, which is struggling to generate cash and looking to shed business units and sell off other assets, the people said. Intel's client PC design business is of significant interest to Qualcomm executives, one of the sources said, but they are looking at all of the company's design units.