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Government defends National Insurance exemption in UK-India deal - BBC
- Government defends National Insurance exemption in UK-India deal BBC
- UK PM Starmer says British workers not sold out in India trade deal after Opposition complains about concessions The Indian Express
- UK-India FTA: Scotch whisky prices may remain high despite tariff cut Mint
- Reduced tariffs under India-UK FTA will strengthen textile sector: Experts Times of India
- Som Distilleries, other liquor stocks tumble up to 5% as India-UK FTA slashes scotch whisky tariffs The Economic Times
Chandni Sharma CONFIRMS quitting Jhanak after the 20 year leap: 'Until we play..' - India Forums
- Chandni Sharma CONFIRMS quitting Jhanak after the 20 year leap: 'Until we play..' India Forums
- Exclusive! Kajal Pisal: Jhanak to take a 20-year generational leap, replacing the current cast Times of India
- Jhanak New Heroine Name: Kanwar Dhillon’s Co-Star Confirms REJECTING Offer To Replace Hiba Nawab After Leap Filmibeat
- Jhanak: Hiba Nawab And Krushal Ahuja Starrer To Take A Leap Of 20 Years, Lead Actors To Be Replaced Free Press Journal
- Jhanak: Hiba Nawab to be replaced by THIS Pandya Store actress post leap? Bollywood Life
Microsoft adds AI assistant to Windows 11 settings - Digital Watch Observatory
- Microsoft adds AI assistant to Windows 11 settings Digital Watch Observatory
- Introducing a new generation of Windows experiences Windows Blog
- Microsoft Will Soon Bring A New Start Menu And AI Agents With Windows 11 Update- News18 News18
- Microsoft introduces agentic AI experience for Copilot Plus PCs: What's new Business Standard
- Windows 11 gets AI boost with new Start Menu and Copilot+ features Business Today
Well-preserved fossil of pregnant ichthyosaur reveals iguanas floated 5000 miles across Pacific - Moneycontrol
- Well-preserved fossil of pregnant ichthyosaur reveals iguanas floated 5000 miles across Pacific Moneycontrol
- Meet Fiona, The Pregnant Icthyosaur Fossil Science Friday
- Ancient Iguanas Floated 5,000 Miles Across The Pacific | A Pregnant Icthyosaur Fossil | Science Friday WNYC Studios | Podcasts
- This Unexpected Animal "Rafted" Thousands Of Miles From North America To Fiji TheTravel
- Scientists Uncover Shockingly Well-Preserved Pregnant Ichthyosaur Fossil Indian Defence Review
Can Schaeffler navigate US tariffs?
Categories: Business News
IndiGo cancels over 165 flights
Categories: Business News
Simple Energy plans IPO by FY27, aims to raise Rs 3,000 cr
Electric two-wheeler maker Simple Energy plans to raise about Rs 3,000 crore through initial public offering by FY27 to fund its market expansion, new manufacturing unit, and R&D, according to its Founder and CEO Suhas Rajkumar. The company is stepping up its network expansion from the current 15 stores and 15 service centers to have 500 touchpoints in the next two years to grow its revenue multi-fold ahead of the initial public offering (IPO), Rajkumar told PTI. The Bengaluru-based electric vehicle (EV) startup has set an ambitious target of clocking USD 96 million (Rs 800 crore) in revenue in FY26 with an aim to cross USD 180 million (Rs 1,500 crore) in cumulative revenue over the next 18 months. Simple Energy had clocked Rs 40 crore revenue in FY25, he said. "After spending seven years in the industry, we are looking at an IPO in FY27. The reason we are trying to plan an IPO in FY27 is driven by our growth in last year," Rajkumar said. Elaborating, he said, "By Q2 or Q3 of FY27, we are looking to raise about USD 350 million -- about Rs 3,000 crore odd -- that is our plan. We are trying to raise this money for two specific things. Of course, R&D is the core of our company but apart from that, we have plans of expanding from some 150 odd stores to roughly about 500 stores in the next two years," Rajkumar further said, "We also want to invest in our manufacturing capacities to meet the demand that we will be creating yet. This is where our focus lies." At present, the company's facility at Hosur in Tamil Nadu has an annual capacity of 3 lakh units, he said, adding "We want to double that capacity post-listing". As the current factory cannot accommodate the expansion, the company will have to look at a new place, he said, adding "but whether we will continue in the same location or look at some other place depends on our business office's call, depending on how the commercials are working out for us as a business ". In terms of sales, Rajkumar said, "In FY25, we did about 4,000 odd scooters, and in FY26, we are looking at about 55,000 scooters in sales." With a growing presence in key states such as Karnataka, Maharashtra, Goa, Andhra Pradesh, Telangana, and Kerala, Simple Energy said it aims to achieve cumulative sales of 1 lakh EVs before the IPO.
Categories: Business News
'Canada largest client of US': Mark Carney fact-checks Donald Trump in first meeting at White House - Times of India
- 'Canada largest client of US': Mark Carney fact-checks Donald Trump in first meeting at White House Times of India
- Trump’s Oval Office meeting with Carney didn’t reach Zelensky-level tension. But it wasn’t all neighborliness CNN
- "Never Say Never": Trump To Carney's Canada Will "Never Be For Sale" Remark NDTV
- 'A transformational president' - how Carney flattered Trump to defuse 51st state row BBC
- Trump, Carney faceoff in Oval Office leaves gaping differences on tariffs, 51st state The Hindu
Deadly fungus that grows 'astonishingly quickly' in heat threatens the world - Wion
- Deadly fungus that grows 'astonishingly quickly' in heat threatens the world Wion
- The next superbug threat is already here. It’s going to be even harder to overcome CNN
- Killer fungi to spread as climate heats up Financial Times
- Deadly Fungus Could Kill Millions In Asia, Europe And The Americas, Study Warns NDTV
- Killer fungus forecast to spread to UK as climate changes Sky News
PM Modi’s three-nation visit to Europe called off amid escalating tensions between India and Pakistan - The Hindu
- PM Modi’s three-nation visit to Europe called off amid escalating tensions between India and Pakistan The Hindu
- Op Sindoor LIVE: India used ‘dead & dark of night’ to attack, Shehbaz tells Pakistan Parliament ThePrint
- PM Modi Cancels 3-Nation Trip To Croatia, Norway, Netherlands After Operation Sindoor- News18 News18
- Breaking News Updates: US VP JD Vance says Iran nuclear talks on 'right pathway' The Economic Times
- Operation Sindoor latest news: PM Modi's visit to Norway, Croatia, the Netherlands postponed Business Today
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