Market Live: Sensex, Midcap index off early highs; HDFC twins, Tata Motors dip. Hindalco, NALCO and Vedanta rallied up to 5 percent after comments from China.
Market Live: Sensex, Midcap index off early highs; HDFC twins, Tata Motors dip Hindalco, NALCO and Vedanta rallied up to 5 percent after comments from China.
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Buzzing: Shares of Healthcare Global Enterprises added 3 percent intraday as company approved allotment of equity shares on preferential basis.
The company approved the allotment of 9,34,500 equity shares at Rs 321 per share on preferential basis to M. Gopichand, one of the promoters of the company, for consideration other than cash.
Tie-Up: Mahindra Electric joined hands with self-drive rental platform Zoomcar, as part of which the auto major will offer its 100 electric vehicle 'e20 plus' on the latter's platform in the capital.
Mahindra Electric, the electric mobility portfolio of Mahindra & Mahindra (M&M), said the tie up is aimed at promoting shared and cleaner mobility.
The vehicles under the deal are financed as part of an agreement between Zoomcar and Mahindra Finance, which will see Zoomcar obtain customised EV financing.
"Mahindra's commitment towards electric mobility continues. Our aim is to make EVs more mass adaptable in India in public transport, shared mobility and personal vehicles," Mahindra Electric CEO Mahesh Babu told reporters here.
Mahindra group has e2o plus, e-Verito and e-Supro vehicles in its electric vehicle portfolio.
Zoomcar, which operates in 30 cities across India, allows users to rent cars by the hour, day, week or month.
Tie-Up: Mahindra Electric joined hands with self-drive rental platform Zoomcar, as part of which the auto major will offer its 100 electric vehicle 'e20 plus' on the latter's platform in the capital.
Mahindra Electric, the electric mobility portfolio of Mahindra & Mahindra (M&M), said the tie up is aimed at promoting shared and cleaner mobility.
The vehicles under the deal are financed as part of an agreement between Zoomcar and Mahindra Finance, which will see Zoomcar obtain customised EV financing.
"Mahindra's commitment towards electric mobility continues. Our aim is to make EVs more mass adaptable in India in public transport, shared mobility and personal vehicles," Mahindra Electric CEO Mahesh Babu told reporters here.
Mahindra group has e2o plus, e-Verito and e-Supro vehicles in its electric vehicle portfolio.
Zoomcar, which operates in 30 cities across India, allows users to rent cars by the hour, day, week or month.
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Aluminium Trade: Aluminium prices rose further by 0.65 percent to Rs 140.20 per kg in futures as speculators indulged in enlarging positions, tracking a firm trend overseas and pick-up in domestic demand.
Analysts said, apart from positive global cues, pick-up in demand from consuming industries at the domestic markets, continued to influence aluminium prices in futures trade here.
Analysts said, apart from positive global cues, pick-up in demand from consuming industries at the domestic markets, continued to influence aluminium prices in futures trade here.
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