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Nitin Gadkari, the road transport minister, indicated that electric vehicles could be subsidy-free within two years as their prices are expected to equal those of petrol and diesel vehicles due to declining battery costs. He emphasized consumer choice and highlighted issues related to fuel import bills and pollution from internal combustion engine vehicles. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/jvQfCRB

Ajay Singh, chairman of SpiceJet, may sell over 10% of his stake in the airline as part of a funding round aimed at raising up to Rs 3,200 crore. This move seeks to address financial challenges and operational needs. The funding round is anticipated to be completed by the end of September. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/GEZe9U6

Ola Electric's CEO Bhavish Aggarwal emphasizes his company's lead in the electric two-wheeler sector, urging competitors to invest in technology and cease traditional scooter production. He notes Ola's profitability and infrastructure readiness, with plans for expanding dealerships, launching motorbikes, and potentially entering the three-wheeler market by leveraging existing driver relationships. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/Pcs98L2

Dalal Street investors will have the opportunity to invest in 16 IPOs next week, aiming to raise nearly Rs 9,000 crore. Bajaj Housing Finance's IPO is the largest at Rs 6,560 crore. Key factors for this surge include substantial investor liquidity and regulatory changes, as noted by Pantomath Capital Advisors. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/kMaVIwR

The Ministry of Skill Development and Entrepreneurship has teamed up with Swiggy to offer skilling and employment opportunities in its food delivery and quick commerce network. This collaboration aims to benefit 2.4 lakh delivery partners and restaurant staff by providing access to online courses, certifications, training modules, and job opportunities through the Skill India Digital Hub (SIDH). from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/UFg9VHO

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/xAO3ENF

Finance Minister Nirmala Sitharaman denied any rift between the Centre and states on tax matters, emphasizing their shared goal of good revenue generation. She highlighted efforts to simplify compliance and operationalize the GST tribunal, which she believes will significantly improve dispute resolution and enhance the GST system's effectiveness. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/CuIs4Lq