Biden offers $7.5 bn for Samsung-Stellantis hub
Business Standard|December 04, 2024
A joint venture between Samsung SDI Co and Stellantis NV to create battery manufacturing plants in Indiana is being offered $7.5 billion in financing from the Biden administration.
3 December
Biden offers $7.5 bn for Samsung-Stellantis hub

The conditional loan to StarPlus Energy LLC would fund as many as two lithium-ion battery cell and module manufacturing plants in Kokomo, Indiana for use in electric vehicles manufactured by Stellantis, the Energy Department announced Monday.

هذه القصة مأخوذة من طبعة December 04, 2024 من Business Standard.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة December 04, 2024 من Business Standard.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

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Business Standard

A year of surprises: Triptii Dimri tops IMDb list of stars

Triptii Dimri is India's most popular star for 2024.

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1 min  |
December 05, 2024
India's health at a sugar tipping point, 50% see glucose imbalance
Business Standard

India's health at a sugar tipping point, 50% see glucose imbalance

India is witnessing a diabetes epidemic in the making, with multiple research reports indicating a surge in its prevalence across the country.

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2 mins  |
December 05, 2024
EPS subscribers with ₹1K pension rose 3% to 3.66 mn in FY24
Business Standard

EPS subscribers with ₹1K pension rose 3% to 3.66 mn in FY24

The total number of pensioners receiving minimum assured pension of ₹1,000 under the Employee Pension Scheme (EPS) has increased by 3 per cent to 3.66 million in the financial year 2023-2024 (FY24) compared to the previous year, according to the data from the Employees' Provident Fund Organisation's (EPFO) latest annual report reviewed by Business Standard.

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2 mins  |
December 05, 2024
ARPU VS USERS: TELCOS' CALL
Business Standard

ARPU VS USERS: TELCOS' CALL

Telecom tariff hikes, rolled out in July after 30 months of logjam, are playing out in surprising ways

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4 mins  |
December 05, 2024
RISING HEALTH INSURANCE CLAIM SIZE Combine base policy, super topup for high coverage at optimal cost
Business Standard

RISING HEALTH INSURANCE CLAIM SIZE Combine base policy, super topup for high coverage at optimal cost

The average health insurance claim payout on Policybazaar.com's platform increased from ₹62,014 in 2022-23 to ₹81,025 in 2024-25 (year-to-date), an increase of 30.7 per cent.

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2 mins  |
December 05, 2024
HEG up 32% as China tightens graphite grip
Business Standard

HEG up 32% as China tightens graphite grip

Rise has occurred over past 2 days, pushing stock to a 70-month high

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2 mins  |
December 05, 2024
Business Standard

Jungle Camps India sets ₹68-72 price band, IPO opens Dec 10

Jungle Camps India Ltd, which provides wildlife and conservation-focused lodges, on Wednesday announced a price band of ₹68-72 per share for its initial public offering (IPO), which will open on December 10 and close on December 12.

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1 min  |
December 05, 2024
PropShare Platina, 1st SM Reit IPO, subscribed 1.11x
Business Standard

PropShare Platina, 1st SM Reit IPO, subscribed 1.11x

The initial public offering (IPO) of PropShare Platina, the first ever by a small and medium real estate investment trust (SM Reit), garnered 1.11 times subscription on Wednesday, the closing day.

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1 min  |
December 05, 2024
Rising competition putting pressure on Avenue Supermarts
Business Standard

Rising competition putting pressure on Avenue Supermarts

Shares of Avenue Supermarts, the operator of DMart retail chain of supermarkets and hypermarkets, have seen a correction of about 30 per cent from highs of ₹5,400 levels in September.

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2 mins  |
December 05, 2024
Kotak AMC to launch ₹2K cr private credit fund
Business Standard

Kotak AMC to launch ₹2K cr private credit fund

Kotak Mahindra Asset Management Company (AMC) is set to enter the private credit market with the launch of a fund, which aims to raise between ₹1,500 crore and ₹2,000 crore, next month.

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1 min  |
December 05, 2024