Apple has encountered significant hurdles in the production of its highly anticipated Vision Pro augmented-reality headset, leading to major cuts in its production forecasts, according to a recent report by the Financial Times. Citing sources familiar with the matter, the report highlighted design complexities as the primary reason for the setbacks. Launched just last month, […]
Sonalika Tractors reported its highest-ever quarter first overall sales of 40,700 tractors in financial year 2024. According to the company, the monsoon season has rapidly expanded its pace in major parts of the country, which is a healthy sign for farming and groundwater replenishment in India. Alongside this, various government subsidies and MSP support have […]
Ekart, a supply chain network, will now offer B2B trucking and transportation services through a fleet of more than 7,000 trucks across the country, the company announced on Monday. According to the company, the launch of its B2B Express services across air and surface modes will cater to brands, manufacturers and retailers across industries. This […]
TVS Motor Company has reported a steady growth in sales for the month of June 2023. The company registered a 3 per cent increase in overall sales, with the number of units sold rising from 308,501 in June 2022 to 316,411 in June 2023. The two-wheeler segment of TVS saw a 4 per cent growth, […]
Mundra Port, the flagship port of Adani Ports and Special Economic Zone (APSEZ) achieved a significant accomplishment by berthing the 399 meters long and 54 meters wide vessel, MV MSC Hamburg, equaling 4 football fields, at Mundra port here, an official statement, issued by Adani Group, said on Sunday. The Adani Ports & Special Economic […]
Aditya Birla Capital Limited (ABCL) said it has successfully completed a fund raise amounting to Rs 3,000 crore through a combination of a Qualified Institutional Placement (QIP) and preferential issuance. The company’s Stakeholders Relationship Committee of the Board of Directors approved the issuance and allotment of equity shares during a meeting held on 30 June […]
Nokia on Friday said it has entered into a new long-term patent license agreement with Apple. This agreement comes as the existing license between the two companies is set to expire at the end of 2023. While the specific details of the agreement remain confidential between Nokia and Apple, it encompasses Nokia’s innovations in 5G […]
Apple Inc’s stock market value has exceeded USD 3 trillion for the first time, buoyed by signs of improving inflation and optimistic projections of the company’s expansion into new markets. On Friday, Apple’s shares climbed 2.3 per cent to reach USD 193.97, resulting in a market capitalisation of USD 3.05 trillion, as reported by Refinitiv […]
Hero MotoCorp has confirmed that it will implement a price hike on its motorcycles and scooters from 3 July. The company cites a multitude of factors, including the escalating input costs, as the primary reason behind the decision. This move comes after a previous price increase of approximately 2 per cent in April earlier this […]
Tesla Power USA, a provider of innovative sustainable solutions, has launched an innovative & affordable Alkaline Water Purifiers. According to the press note, Alkaline water purifiers utilize advanced filtration technology to remove impurities, contaminants, and harmful substances, ensuring that every drop of water is safe and healthy. It represents a breakthrough in water purification technology, […]
