As Mumbai's real estate and electric vehicle penetration grows, two of the city's private power distribution companies, Adani Electricity and Tata Power, are eyeing a bigger business pie, particularly betting on high-value customers. Adani Electricity Mumbai (AEML), the subsidiary which houses Adani Energy Solutions' Mumbai distribution business, recorded a six per cent growth in total units sold in the financial year 2023-24 (FY24), the company's presentation shows. This gain came at over 13 per cent growth in the year-ago period.
Over the past year, Amul has undergone a transformative journey, evolving from a dairy-centric entity to a comprehensive foods company. Since 2022, PepsiCo India, too, has embarked on extensive launches in the food category. Not to be left behind, ITC, which has been introducing an average of 100 fast-moving consumer goods (FMCG) products across categories every year, has also launched a number of packaged food items.
Two of the people arrested are mafia members who are "wanted on a number of murders" in India.
The government has asked the officials concerned to take all necessary steps to ensure normal supply of electricity in the state.
Dealerships, too, are going all out to roll out the red carpet for women.
Maharashtra deputy Chief Minister Devendra Fadnavis, who also holds the energy portfolio, held a meeting with trade union representatives and later said the government had no intention to privatise state-run power utilities.
In a setback to Tata Power, the Supreme Court on Wednesday dismissed the company's challenge to the Maharashtra Electricity Regulatory Commission's (MERC's) decision to award a Rs 7,000-crore transmission project near Mumbai on a nomination basis to Adani Electricity. The court upheld the order by the Appellate Tribunal for Electricity (APTEL) in this case and directed all State Electricity Regulatory Commissions to frame guidelines on tariff determination in accordance with Section 61 of the Electricity Act and the national policy. The verdict has implications for the Mumbai power market, said Ashok Pendse, an energy expert based in the city.
According to authorities, Salgado, a former employee with a longstanding dispute, likely killed them within an hour of kidnapping the family.
The man involved in the kidnapping and killing of an Indian-origin Sikh family, including an eight-month-old baby, has been charged with four counts of first-degree murder, one for each life lost, authorities in California said.
The suspect once worked for the family's trucking business and had a longstanding dispute with them that got "pretty nasty" and culminated in an act of senseless killing, authorities and a relative said.
The bodies of Jasdeep Singh, 39, his wife Jasleen Kaur, 27, their eight-month-old daughter Aroohi Dheri and Jasdeep's brother Amandeep Singh, 39, were found in an orchard near Indiana Road and Hutchinson Road on Wednesday evening.
Police have described the suspect as being armed and dangerous.
The accused involved in the kidnapping and killing of four members of an Indian-origin Sikh family, including a baby girl, has been charged with four counts of first-degree murder, one for each life lost, authorities in California said.
The suspect in the killing of an Indian-origin Sikh family, including an eight-month-old baby girl, had once worked for the family's trucking business and had a longstanding dispute with them that got 'pretty nasty' and culminated in an act of senseless killing, authorities and a relative said.
The family, originally from Harsi Pind in Hoshiarpur, Punjab, was kidnapped at a business in Merced County, California, on Monday.
The Enforcement Directorate (ED) has begun the process of freezing at least five bank accounts of Arpita Mukherjee, the associate of arrested West Bengal minister Partha Chatterjee, where they have found at least Rs 2 crore, a senior official said on Saturday.
Since the bankcuptcy law came into effect from December 2016, with every quarter, the recovery rate has progressively been going down, notes Tamal Bandyopadhyay.
This SUV will look as cool in 2030 as it might have in 2010 and ultimately that's what drives the core appeal of Mercedes-Benz and its products -- being classic, says Pavan Lall.
Guilty Minds has too much going on to wolf down it all in one big binge watch session, notes Sukanya Verma.
While the rich are buying expensive luxury vehicles in Patna, the poor continue to suffer. The pandemic, discovers M I Khan, has cast new light on the stark economic divide in the capital city of Bihar, India's poorest state.
Recently, world headlines buzzed with Elon Musk's announcement that he was shelving his audacious bid for social media platform Twitter. Away from the media spotlight, questions are being asked about the maverick billionaire's plans in India, too. A few days ago, a Reuters report said Musk's flagship Tesla had put on hold its plan to launch electric cars in India.
Suspension that has fully acclimatised to Indian roads and handles potholes and bumps with ease, plush interiors that feel premium beyond just surface level, and aggressive and imposing design cues give this SUV a presence and profile that has little competition, says Pavan Lall.
While this hip-hop edition is unlikely to drive Merc's market share, the SUV exemplifies what the German automaker is best known for: Innovative engineering and, in this particular case, putting a smile on the face, discovers Pavan Lall.
The luxury car market leader will be producing the new-generation cars, sedans, SUVs, and AMG performance cars at one facility.
Mercedes-Benz joins the connected cars revolution with the launch of their app -- 'Mercedes Me'.
Step on the gas and the power that propels the compact four-seater will take you by surprise as it hurtles towards the 80 kmph like a racing thoroughbred, never compromising any stability thanks to its rigid chassis and solid 1,600-kg kerb weight that gives it a well-planted feel along straights, corners and tricky lanes and roads, says Pavan Lall.
The government has revised its divestment target downwards from Rs 2.1 trillion, as its ambitious privatisation programme has been deferred to next year.
The new car market is estimated at around 30,000 units a year in sales in a good year, whereas the used car market for luxury vehicles is estimated at around 60,000 cars annually.
Golf fans not allowed on the course for this week's PGA Championship due to the COVID-19 pandemic have still found a way to root for Tiger Woods and other top players, cheering through fences and from rooftops to provide a brief jolt of energy at the hushed tournament. TPC Harding Park sits on the shore above San Francisco's Lake Merced so there are few places for spectators to catch a glimpse of the action from outside the gates.
German car-maker Mercedes Benz on Thursday rolled out the locally made diesel variant of its luxury sedan S Class 350 priced at Rs 1.07 crore (ex-showroom Maharashtra).
While the industry has been given the highest benefits, farmers will have to contend with 1 per cent reduction in electricity costs.
'Even during the lockdown, we have received many online enquiries and subsequent bookings.'
The German luxury automaker has already seen its online traffic increase 10-fold this year. Though that has not always translated into sales, Mercedes-Benz says it is continuing to build on what it calls its "touch-free" experience to stay plugged into its consumer base. Under the used car business, more than 150 cars were sold online in January and February.
Leasing expenses may help save up to 30% for those in the highest tax bracket, but the salaried get no such benefits.
Dil Chahta Hai revolutionised the language of Hindi films. Sukanya Verma shows us how.
The quantum of price increase would be up to 2.5 per cent depending upon the model range, effective from September 1, Mercedes-Benz India said in a statement.
Priced at Rs 25-26 lakh (Rs 2.5-2.6 million) and launched a year ago, more than 2,500 units of the A and B Class are running on Indian roads.
Three luxury compact cars from BMW, Mercedes-Benz and Audi now run on Indian roads. Choosing the best of the trio is no easy task.
Forgot what happened in the week gone by? Here's a quick recap of what took place in 10 images.
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