Reliance BP Mobility, Swiggy partner for EVs
The Hindu
Reliance BP Mobility Ltd. (RBML), which operates under the brand Jio-bp, has signed an agreement with food delivery firm Swiggy for promoting the adoption of electric two-wheelers in the food delivery
Reliance BP Mobility Ltd. (RBML), which operates under the brand Jio-bp, has signed an agreement with food delivery firm Swiggy for promoting the adoption of electric two-wheelers in the food delivery segment. The companies have announced commencement of trials that will increase the deployment of EVs in the delivery fleet of the food delivery firm. As part of the pact, RBML will set up Jio-bp battery swapping stations at various locations assisted by Swiggy, and provide technical assistance and training to its delivery partners and staff. Harish C. Mehta, said, CEO, RBML said, “Our collaboration has the potential to bring disruption and increase EV adoption among delivery and transportation companies in the country.”
Air India has signed an agreement with Bengaluru Airport City Limited (BACL), a subsidiary of Bangalore International Airport Limited (BIAL), to develop a built-to-suit facility for the AME program that will feature modern classrooms, well-equipped laboratories for practical training and a team of qualified trainers.
Zepto raises $350 million in largest domestic fundraise in India, backed by leading financial institutions and notable individuals.
Adani Enterprises Ltd stock dips on NSE and BSE after Kenyan project cancellations and U.S. court allegations.
HSBC Flash India PMI shows uptick in private sector activity, with rising cost pressures and increased prices for customers.
Rupee rises slightly against US dollar amid geopolitical pressures, foreign outflows, and domestic equities; Brent oil surges.
Sensex and Nifty rebound in early trade driven by value buying, bank stock rally, and positive global cues.
The pandemic-induced downturn marked a turning point for cab drivers in Bengaluru. According to Tanveer Pasha, president, Ola and Uber Drivers’ Association, the number of active cabs in the city has dropped from over 1 lakh before the pandemic to just around 30,000 today.
Amazon will likely face an EU investigation next year into whether it favours its own brand products, said sources.
White House addresses bribery charges against Indian billionaire Adani, expresses confidence in U.S.-India relationship.
NTPC Green Energy IPO oversubscribed by 93% on day 2, raising ₹3,960 crore for renewable energy projects.
Chief Economic Advisor advises India Inc to focus on productivity, R&D, and quality over reliance on weak currency for exports.