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Hero Electric, Benling barred from all EV incentive schemes

The Ministry of Heavy Industries (MHI) has debarred Hero Electric and Benling India, two defaulters under its flagship Faster Adoption and Manufacturing of Electric Vehicles in India Phase-II (FAME-II) scheme, from participating in any of its incentive programmes in future. This action follows the ministry s findings that the phased manufacturing programme (PMP) guidelines were violated by these two companies, senior officials told

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MSCI Rejig: India may See $2 5b FII Inflows

Global index services provider MSCI has included 13 Indian stocks in its Global Standard Index and removed three. That takes the total count of domestic stocks on the MSCI indices to 146, up from 136.

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MSCI Rejig: MSCI Rejig: India may see $2 5 billion FII inflows

Global passive funds, such as exchange-traded funds, structure their portfolios based on these indices. Any change in composition prompts these funds to adjust their allocations. The newly included stocks are JSW Energy, Canara Bank, Indus Towers, PB Fintech, Sundaram Finance, and NHPC. Berger Paints has been dropped, while Indraprastha Gas and Paytm s parent, One 97 Communications, have been downgraded to the small-cap index.

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Greaves Electric Mobility reduces prices of Ampere electric scooters– range starts at Rs 60k

Greaves Electric Mobility reduces prices of Ampere electric scooters– range starts at Rs 60k
financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.

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Nagesh Basavanhalli to step down as vice-chairman, Greaves Cotton, ET Auto

Nagesh Basavanhalli to step down as vice-chairman, Greaves Cotton, ET Auto
indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.

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