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Business News

Global Airlines To Clock Revenue of $1 Trillion

An aggregate return above the cost of capital, however, continues to elude the global airlines as the industry is expected to earn a 5.7 per cent return on invested capital, which is 3.4 per cent below the average cost
Business News

India’s First Electric Vehicle Index Launched

The new index is expected to act as a benchmark for asset managers and be a reference index tracked by passive funds in the form of Exchange Traded Funds (ETFs), index funds and structured products.
Business News

EdTech Crisis: Rise And Downfall of Byju’s

The downfall for the company started when it failed to release results for FY2022 and later they were released after 18 months. The company is yet to declare its FY2023 results.
Business News

Coal Phase Out Will Cost China & India USD 2Trillion

Presently, around half of all compensation is funded from international sources such as Just Energy Transition Partnerships, which are multi-lateral structures for accelerating the phase-out of fossil fuels.
Business News

India Overtakes China As Largest E3W Market Globally

As per Vahan data, 350,238 e-three-wheelers were retailed in CY2022. Given the 8% YoY decline in CY2023, China's estimated CY2022 sales would have been 347,840 units, which means India just might have been the e-three-wheeler leader in CY2022.