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Tata reviews digital strategy for super app as sales may miss target by 50%

Tata reviews digital strategy for super app as sales may miss target by 50%

Tata Group’s ambitious super app is expected to meet just half of the sales target in its debut year, forcing the sprawling Indian corporate to review its digital strategy, people familiar with the matter said.

Tata Digital Pvt.’s online platform, Tata Neu that went live in April, will see sales of about $4 billion in the year to March 31 compared with the $8 billion target set at the beginning of 2022, the people said, asking not to be named as the information is not public.

Made-in-India TV shipment up 33%, TWS share grows 37% in Jul-Sep 2022

Made-in-India TV shipment up 33%, TWS share grows 37% in Jul-Sep 2022

Shipments of indigenously made television grew by 33 per cent to over 5 million units in the July-September 2022 quarter compared to the previous quarter, market research firm Counterpoint Research said on Tuesday.

According to the report, TWS (True Wireless Stereo) segment led the electronics wearable category in terms of local manufacturing with almost 37 per cent of its shipments being manufactured in India.

Telangana IT exports grow over 3-fold to Rs 1.83 trn in 8 years: Rama Rao

Telangana IT exports grow over 3-fold to Rs 1.83 trn in 8 years: Rama Rao

The number of employees in the IT sector in Telangana grew from 3.23 lakh in 2014 to 8.7 lakh in 2022 while IT exports rose from Rs 57,000 crore to Rs

1.83 lakh crore during the same period, IT Minister K T Rama Rao said here on Monday.

Cold wave grips north India, seven dead in fog-related accidents in UP

Cold wave grips north India, seven dead in fog-related accidents in UP

North and northwest India continued to reel under cold wave on Monday as dense fog adversely affected air, rail and road traffic and led to two road accidents in Uttar Pradesh killing seven people.

Delhi saw cold wave conditions for the fifth consecutive day on Monday as very dense fog reduced visibility to just 25 metres, officials said.

Aam Adami Party most corrupt party in the country, says BJP leader

Aam Adami Party most corrupt party in the country, says BJP leader

The BJP on Monday said that the Aam Adami party is the most corrupt party of the country.

Addressing a press conference here, BJP leader Manjinder Singh Sirsa said: "The Aam Aadmi Party came to power in Delhi, saying that it will take action against corruption, provide security to women and drive out the corrupt, but today, the same party has become the most corrupt party in the country."

GreenCell Mobility bags order for 570 electric buses from Delhi government

GreenCell Mobility bags order for 570 electric buses from Delhi government

Shared e-mobility player GreenCell Mobility Ltd (GreenCell) on Monday said it has bagged an order for 570 electric buses from the Government of NCT Delhi.

A tender was floated by state-owned Convergence Energy Services Ltd (CESL) under National E-bus Program (NEBP) for the order, the company said in a statement.

With $10.8 billion, Bengaluru top city on start-up funding in 2022: Report

With $10.8 billion, Bengaluru top city on start-up funding in 2022: Report

Bengaluru topped the startup funding chart in India with $10.8 billion in 2022, followed by Mumbai at $3.9 billion, and Gurugram at a distant $2.6 billion.

Startups based in Delhi and Chennai registered $1.2 billion each in funding, followed by Pune at $1 billion, according to data provided by Tracxn, a leading global market intelligence platform.

PM Modi to visit Hyderabad on Jan 19 to launch various railway projects

PM Modi to visit Hyderabad on Jan 19 to launch various railway projects

Prime Minister Narendra Modi will be initiating various Railway projects worth Rs 2,400 crore in Telangana besides flagging off a Vande Bharat Express train between Hyderabad and Vijayawada, a press release from BJP said here on Monday.

In view of Modi's visit to the state, BJP State President and Lok Sabha member Bandi Sanjay Kumar and OBC Morcha National President and Rajya Sabha member K Laxman

Athulya Senior Care raises Rs 77 cr from fund managed by Morgan Stanley

Athulya Senior Care raises Rs 77 cr from fund managed by Morgan Stanley

Athulya Senior Care has got Rs 77 crore from a fund managed by Morgan Stanley India Infrastructure, making the deal one of the largest fundraise in the sector.

Athulya will use the money from North Haven India Infrastructure Partners for expansion. The company, which was founded in 2016, offers assisted living, transition care and home healthcare for dependent seniors older than 60.

Jindal Stainless reduced 1.4 lakh tonnes of CO2 emissions in FY22, says MD

Jindal Stainless reduced 1.4 lakh tonnes of CO2 emissions in FY22, says MD

The country's largest stainless steel maker Jindal Stainless took various initiatives to reduce 1.4 lakh tonnes (LT) of carbon emissions in the last financial year, its Managing Director Abhyuday Jindal said on Monday.

The company aims to be carbon neutral by 2050.

To achieve the goal, JSL has also created a position of Chief Sustainability Officer (CSO) and appointed Kalyan Kumar Bhattacherjee to the key post, Jindal said in a company statement.

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