As the Indian government pushes for electric vehicle (EV) adoption and installing the public charging infrastructure, German industrial manufacturing major Siemens has stressed that it has proven capabilities to help the government realise its passenger EV mobility dream too.

The company is currently working on the commercial EV mobility side in India, working with leading players like Ashok Leyland's EV arm Switch Mobility.

Maharashtra's Food and Drugs Administration (FDA) on Friday cancelled the baby powder manufacturing licence of Johnson & Johnson Pvt Ltd "in the interest of public health at large".

In a release, the state government agency said the company's product, Johnson's Baby Powder, may affect the skin of newborn babies.

Adani Group's Chairperson and Indian billionare Gautam Adani surpassed Amazon's Jeff Bezos to become the world's second richest person. He is now only behind Tesla CEO Elon Musk, who remains the world's richest man with a networth of $273.5 billion, according to Forbes' real time data, LiveMint reported.

Adani's wealth surged to make him the second richest man in the world, led by a sharp rally in the Adani Group stocks.

India added 6,298 new coronavirus infections taking the total tally of COVID-19 cases to 4,45,22,777, while the active cases climbed 46,748, according to the Union Health Ministry data updated on Friday.

The death toll climbed to 5,28,273 with 23 fatalities which includes four deaths reconciled by Kerala, the data updated at 8 am stated.

Adani Enterprises surpassed the state-owned insurance giant Life Insurance Corporation of India (LIC) and fast moving consumer goods (FMCG) company ITC to become most valuable stock in terms of market capitalisation (market cap) after a strong rally in the Gautam Adani's Group company.

At 09:30 am, with a market cap of Rs 4.31 trillion, Adani Enterprises stood at the 12th position in the overall market cap ranking, the BSE data shows.

Union Minister for Petroleum and Natural Gas Hardeep Singh Puri on Thursday said that India is on the path to becoming a 10 trillion-dollar economy in 2030 and the third largest economy in the world by 2047.

Puri addressed the 25th Energy Technology Meet, organized by the Centre for High Technology (CHT), under the aegis of the Ministry of Petroleum and Natural Gas (MoP and NG), Government of India, in association with Hindustan Petroleum Corporation Ltd in Mumbai on Thursday.

Telecom Minister Ashwini Vaishnaw on Thursday said Odisha will get 5G service along with other cities in the first phase of its launch.

Odisha will have access to 5G telecom service in the very first phase. It will provide users 10 times the speed of 4G, he said on the sidelines of a programme here.

Maruti Suzuki is aiming to export vehicles and components worth up to Rs 20,000 crore in the next three years. The company is planning to leverage the global resources of its Japanese parent — Suzuki Motors — and its partner, Toyota Motor, to increase its overseas shipments, said a report in the Economic Times. Maruti's exports accounted for nearly 40 per cent of the total exports from India.

According to the report, for Toyota and Suzuki, India is likely to become a key sourcing hub for not just vehicles, but also for components like lithium-ion cells for electric vehicles.

SpiceJet on Thursday announced the reintroduction of 'SpiceLock', a unique service that allows passengers to lock their desired fare for 48 hours without name, thus allowing passengers to plan their journey without worrying about fares getting expensive, availability of seats or finalising co-passengers.

The fare locking service enables customers to reserve bookings so that the selected flight doesn't sell out and the fare doesn't go up while they finalise their travel plans.

To boost its growth and expansion, Reliance Retail has reportedly sought shareholders' approval to increase its borrowing limit from Rs 50,000 crore to Rs 1 trillion. According to a report by Economic Times (ET), the company borrowed Rs 40,000 crore in FY22.

According to the company's annual reports, the company will seek shareholders' approval in the September 30 Annual General Meeting (AGM), ET reported.

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