Tag: cent
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Fresh EV funding, rising PV demand augur well for Tata Motors
ET Intelligence Group: The electric vehicle (EV) venture of Tata Motors whose valuation remained underappreciated until the fresh funding by private equity company TPG, is expected to bump up the parent company’s valuation by Rs 70-120 per share. Tata Motors’ stock gained 20 per cent on Wednesday to close the day at Rs 506.8 on…
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Market Movers: Sona Comstar sees a chaandi rally; IRCTC gets back on track
MUMBAI: As investors keep digging for opportunities to invest in sunrise sectors, one stock that came to the limelight today is Sona BLW Precision Forgings.The newly-listed automotive parts maker is a pure-play on the upcoming electric vehicle market and according to brokerage firm Nomura Securities India, the stock is the place to be as the…
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Bitcoin’s easing volatility sends bullish signal for some
A lull in Bitcoin’s wild swings in recent days was shot by some as a symbolic indication the fragile digital currency could recover.The world’s largest cryptocurrency was little changed at $36,425 as of 6:45 a.m. in New York on Tuesday, after two straight sessions of gains.Swings in the price as measured by the spread between…
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What’s the endgame of all the speculation & hoarding in Bitcoin
LONDON: Bitcoin’s wild ride this week is far from unusual for the largest crypto token – but the rollercoaster is also its inherent contradiction. Speculators betting for years on bitcoin becoming a stateless digital currency that’s widely used for online retail and payments are largely responsible for its parabolic price rises. But they also seed…
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Volkswagen as the next Tesla is firing up stock investors
What a month for Volkswagen AG: The shares have soared the most in more than a decade and along the way its two classes of stock have gotten seriously out of whack, resurrecting memories of one of the biggest short squeezes in history.The stock started taking off last week as investors bought into the Germany…
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Electric vehicle sales accelerated through 2020 – but cost remains a roadblock, RAC analysis finds
EV uptake continues to accelerate but price, access to infrastructure and driving range continue to deter many drivers, new analysis from RAC has found A growing proportion of drivers intend to choose an electric rather than internal combustion car when they next switch vehicles – but high prices, inadequate infrastructure, and the limited distance reachable…
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Global Briefing: French court orders government to justify failure to deliver bolder climate plan
French legal rulings, Indonesian forest protection efforts, and plans to make Australia a renewables superpower, all feature in this week’s green business round-up from around the world Court gives French government three months to explain why climate plan is not in line with emissions goals France has this week become the latest country where climate…
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Global Briefing: UN summit confronts global biodiversity crisis
All the top green industry news from all over the globe this week, such as VW’s electric vehicle investment from China, electrical ferries from Thailand, along with Denmark’s ambitious climate goal UN summit confronts Global biodiversity crisis Global leaders assembled virtually this week to discuss the environmental catastrophe that is devastating the world’s ecosystems, in…
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How to invest in US stocks from India? Here’s all you need to know
NEW DELHI: In a cute video posted on Twitter, the head of a prominent Indian mutual fund house was seen counting all the technical devices used by him and his son – all of which are manufactured by US technology giants.Over the past few months, the chatter about diversifying into global stocks has gained momentum,…
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Vodafone targets 100 per cent renewables-powered mobile network in 2021
Mobile phone giant suggests target to slash emissions from companies which use services and its network Vodafone has announced plans to shift its whole European cellular network to run on 100 percent renewable electricity by no later than July 2021, along with a new target to assist its business clients slash their climate effect during…