Hero Electric on Tuesday announced a partnership with Bengaluru-based battery technology startup Log 9 Materials, to offer its battery packs for the entire range of EVs. The integration of Log 9's 'RapidX' batteries can fully charge Hero Electric 2W within 15 minutes.

Log 9 has tested its RapidX batteries through a series of pilots across multiple B2B fleet operators such as Amazon, Shadowfax, Delhivery, Flipkart and BykeMania, etc.

India has recorded 5,784 new COVID-19 cases, the lowest in 571 days in the last 24 hours, the Union Health Ministry informed on Tuesday.

As many as 252 deaths and 7,995 recoveries have also been reported.

With this, the cumulative tally of recovered patients from COVID-19 since the beginning of the pandemic stands at 3,41,38,763, while the death toll is at 4,75,888.

Aditya Birla Fashion and Retail (ABFRL) has signed a long-term licensing agreement, which grants ABFRL exclusive rights to distribute and sell Reebok products through wholesale, e-commerce and Reebok branded retail stores in India and other ASEAN countries, the company said in a release.

This deal marks ABFRL's foray into India’s fast-growing sports and activewear segment.

Shares Greenlam Industries hit a new high of Rs 1,799.45, up 7 per cent on the BSE in Tuesday's intra-day trade, after its board approved the sub-division/split of face value of equity shares of the company having face value of Rs 5 each to Re 1 each. The company also announced entry into plywood and particle board business and to set up its third laminate plant.

In the past one week, the stock has surged 22 per cent, as compared to a 2-per cent rise in the S&P BSE Sensex.

Adani Green Energy (AGEL) has inked a pact with state run Solar Energy Corporation of India (SECI) to supply 4667 MW of green energy.

According to a company statement, this is the world's largest ever green power purchase agreement (PPA).

Former Indian cricketer Sachin Tendulkar has joined pre-owned car retailing platform Spinny as a strategic investor and lead brand endorser, the company said in a release on Tuesday.

Spinny, however, did not disclose the amount of investment by Tendulkar in the company.

Netflix on Tuesday cut the prices of all its four subscription plans in India, moving aggressively to expand its base in a country that is crucial for its business and still has millions of untapped users.

The entertainment streaming service slashed the price of its flagship basic plan—it allows customers access to content on any one device including television--by 60 per cent from Rs 499 to Rs 199. The mobile-only monthly plan in HD quality—an experiment the company started in July 2019—was reduced to Rs 149 from Rs 199.

State Bank of India on Monday requested staff to reconsider its decision to participate in a two-day strike (December 16-17, 2021) to avoid inconvenience to customers, investors, and the Bank.

United Forum of Bank Unions (UFBU) has served a Notice of Strike to protest against the government's plan to privatise public sector banks. Members of unions -- AIBEA, AIBOC, NCBE, AIBOA, BEFI, INBEF and INBOC – are planning to go on strike.

Shriram group will merge Shriram Capital Ltd (SCL) and Shriram City Union Finance Ltd (SCUF) with Shriram Transport Finance Ltd (STFC) as part of restructuring in the group. The new entity will be named Shriram Finance Ltd.

The merged entity would have a combined Assets Under management (AUM) of over Rs 1.5 trillion and a distribution network of over 3500. All of these would be serviced by a team of 50,000 employees.

Shares of New Delhi Television (NDTV) were locked in the 20 per cent upper circuit, hitting an over five-year high of Rs 111.30 on the BSE in Monday's intra-day trade, in an otherwise weak market. Thus far in the month of December (nine trading days), the stock of the broadcasting & cable TV operator has zoomed 45 per cent after the company signed a Rs 750-crore deal with Taboola for 10 years. It was trading at highest level since April 2016.

Trading volumes on the counter jumped nearly 10-fold with a combined 1.03 million equity shares having changed hands till 02:48 pm.

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