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Industry Updates

Daimler India appoints new head for bus business

In Short:Daimler India Commercial Vehicles (DICV) has appointed Andamuthu Ponnusamy as the Head of Bus Business, effective July 1, 2024. With over 35 years...

MediaTek and JioThings introduce 4G Android cluster and smart module for two-wheelers

In Short:Taiwanese chipmaker MediaTek has launched a Made in India smart digital cluster and module in partnership with JioThings for the two-wheeler industry. The...

Vivo V40 SE 4G: New Smartphone with 50MP Camera & 80W Fast Charging

In Short:Vivo has launched the V40 SE 4G in the Czech Republic with Snapdragon chipset, 5,000mAh battery, and 50MP dual rear cameras. The phone...

Axis Bank expects deposit and credit growth to align by FY25

In Short:Axis Bank expects credit growth to slow and match deposit growth, reflecting the challenge of balancing loan demand with depositors' preferences. The Reserve...

Incentive schemes aim to boost talent in $500 bn electronics sector

In Short:The budget announced employment-linked incentive schemes aiming to boost the electronics manufacturing industry in India, creating a surge of new jobs. Industry executives...

Motorola Edge 50 5G: Design Renders & Specs Leaked, Coming in Three Colors

In Short:Motorola is preparing to launch a new phone in India, possibly named Motorola Edge 50 5G. Leaks suggest the phone may come in...

AT&T exceeds expectations with subscriber growth fueled by premium plans

In Short:AT&T exceeded expectations for adding wireless customers in the second quarter, with a rise in shares. The company added 419,000 monthly bill-paying subscribers....

Adani Group’s Africa Expansion: Investment Proposal Submitted for Nairobi Airport

In Short:Adani Group has proposed to develop Nairobi airport through a public-private partnership, in response to concerns over lack of transparency. The airport is...

Bajaj Finance increases loan loss provisions; NBFC to prioritize collection efficiency

In Short:Bajaj Finance, a non-bank lender in Pune, saw a surge in loan loss provisions in the first quarter of the financial year due...

Confirmed: Vivo V40, V40 Pro Design, Colors & Camera Details Revealed before India Launch

In Short:Vivo has teased the launch of the V40 series in India, revealing the design and color options of the upcoming smartphones. The series...

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