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News and Trends for CXOs, Entrepreneurs, Decision makers and Curious minds. Short in content, Long in takeaways.

News in short format (not more than 100 words) – yet carries all that you’d need to know to help you make better decisions.

Indian Startup, Polarity announces e-cycles starting at Rs. 38,000

Indian e-mobility startup Polarity has announced 6 electric cycles in India. Each of these e-bikes features a different electric motor with the top speed ranging from 40kmph to 100kmph. The…

News

Automobile industry body welcomes corporate tax reduction

SIAM, the Auto Industry body, has welcomed the reduction of corporate tax and other relevant announcements made by the Union Finance minister. The government has reduced corporate tax to 25.17%…

Rajasthan Industrial policy draft offers incentives for EV component manufacturers

Rajasthan government is planning to set up a research center and manufacturing zone for Electric vehicles. The state govt. also plans to bring a dedicated electric vehicle policy to promote…

News

Use Artificial Intelligence to monitor corruption: Housing Secretary

Union Housing and Urban Affairs Secretary Durga Shanker Mishra asked the CPWD to make full use of AI to iron out irregularities and corruption from the department. He stated that…

Infraprime logistics to launch India’s first all-electric truck next year

Gurugram based Infraprime will launch India’s first 60-ton all-electric truck next year. It will be powered by a 276 kWh battery with a range of 276-300 Kms. These heavy-duty trucks…

Rise of EVs also contributed to the slowdown in Auto Industry: Arjun Meghwal

Union Minister for Heavy Industries Arjun Meghwal has stated that the central government’s push for electric vehicles has slightly contributed towards the slowdown in the auto industry. He also said…

News

Google sets up a new AI research lab in Bengaluru

Google has announced that it will setup its new AI research lab in Bengaluru led by Dr. Manish Gupta. This will be Google’s first such lab in India. Though the…

Tata Motors reveals new powertrain tech Ziptron for EVs

Tata Motors has unveiled new Ziptron powertrain technology which will power all its new electric cars. The first car powered by Ziptron may be launched late next year. The Ziptron…

News

UP govt seeks AI’s assistance to keep education corruption-free

The Uttar Pradesh government is planning to use AI-powered bots to fight corruption in education and upgrade the examination system. These bots will not only track proxy invigilators and students…

Hero’s Pankaj Munjal calls for a shift to e-cycles for food delivery

Hero Motor’s Pankaj Munjal has said that Indian food delivery companies and restaurants should adopt e-bikes for delivery. He asked the Indian companies to learn from similar companies in the…

Lithium mining revs up as EV demand increases globally

The emergence of electric vehicles has resulted in a multi-fold increase in the demand of Lithium. It is one of the key components used in EV batteries along with nickel…

Himachal Pradesh drafts EV policy proposing 100% EV transition by 2030

The Himachal Pradesh electric vehicle policy 2019 draft aims to establish the state as a model state for EV adoption in India. The policy also envisions a 100% transition to…

News

Union cabinet approves the ban on e-cigarettes

Government of India has announced a total ban on e-Cigarettes in India citing health reasons. “The Union Cabinet has given the approval to ban e-cigarettes. It means the production, manufacturing,…

News

PhonePe becomes the first non-bank app to launch UPI-based IPO applications

Flipkart’s PhonePe has got approval from NPCI to let its customers bid for IPO’s using its UPI platform. With this, it becomes the first non-banking entity to facilitate such transactions.…

Tamil Nadu unveils EV policy eying 50K crore investment and faster EV adoption

The new EV policy announced by Tamil Nadu state govt comes with recommendations like 100% road tax exemption, zero permit fees, registration charges waiver, etc. to boost EV adoption in…