TazaPulse

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Tractors defy rain concerns as Q1 sales jump 19%

Chennai: Despite concerns over a deficient monsoon in several parts of the country, demand for tractors has remained resilient. Domestic tractor sales recorded strong double-digit growth in June on both a year-on-year and sequential basis. The robust performance also lifted first-quarter volumes, which rose 19% year-on-year, indicating that demand for farm mechanisation has so far...
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Oyo-Zostel appeal to be heard on August 12

BENGALURU: Delhi high court has listed hostel chain Zostel’s appeal against IPO-bound hospitality firm Oyo for hearing on Aug 12, while disposing of an interim application Zostel filed. The dispute stems from Oyo’s proposed acquisition of Zostel in 2015. The deal later fell through, triggering arbitration proceedings and litigation. Source link
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Markets rally for 2nd day, sensex up 827 points

MUMBAI: Both sensex and Nifty ended 1% higher respectively on Friday, extending gains for the second day, aided by a rally in heavyweights Reliance Industries, ICICI Bank and HDFC Bank, and positive global cues. Easing crude oil prices and buying in IT stocks propelled the rally. Sensex jumped 828 points to settle at 77,569. Source...
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Sebi clears IPOs of Zetwerk, Rentomojo

BENGALURU: India’s startup IPO pipeline gathered further momentum on Friday as manufacturing platform Zetwerk, furniture rental company Rentomojo and defence technology firm Tonbo Imaging received Sebi approval for their proposed public issues.According to sources, Zetwerk plans to raise Rs 4,000-5,000 crore through its IPO. Source link
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5 things to know before the stock market opens Friday

This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Friday. Tune in to “Squawk on the Street” at 11 a.m. ET for an interview with FCC Chairman Brendan Carr as his agency’s investigation of ABC’s “The View” continues. Watch live on CNBC or CNBC+. Stock futures are mixed this morning....
india39s ev transition needs a china style ecosystem push scale policy charging infra boost nomura

EV ownership cost rises with battery-as-service

NEW DELHI: A Tata Punch EV priced at Rs 9.7 lakh can be driven home for Rs 6.5 lakh under a battery financing plan. Hyundai’s Creta Electric falls from Rs 18 lakh to Rs 11 lakh, while Maruti’s Grand Vitara EV becomes cheaper by almost Rs 8 lakh upfront.Those headline reductions are turning Battery-as-a-Service (BaaS)...
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