Tesla’s blocky, futuristic Cybertruck — the vehicle that looks like a low-poly model in real life — was recently spied going for a spin on the company’s Fremont, California, track. Drone footage captured Tesla’s prototype truck from multiple angles, revealing one new addition to the model that even Musk is unhappy about. Vehicles are required […]
2022 Ford Mach-E gets price hike, plus Silverado EV production details leak
Electric vehicles are extremely hot right now, with automotive manufacturers worldwide moving away from combustion engines towards electricity. Much of the push behind the surge in electric vehicle popularity comes from the US government and other governments worldwide issuing mandates forcing automakers to transition to electric vehicles. A new report surfaced that says the price […]
2022 Infiniti QX50 starts at under $40,000
Infiniti has confirmed pricing on its 2022 QX50 midsize luxury SUV, which it will offer in five different grades: PURE, LUXE, ESSENTIAL, SENSORY, and AUTOGRAPH. No matter which grade the buyer chooses, front-wheel drive is the standard, and all-wheel drive is optional for an additional $2,000. Apple CarPlay and ProPILOT Assist are standard across all five […]
iPhone 15 camera will fold in new zoom claims analyst
According to a new report, Apple is looking to improve upon the camera setup in its iPhone lineup with a new 48-megapixel camera next year. Additionally, the company is reportedly aiming to add a periscope lens featuring folded camera optics in as early as 2023. Ming-Chi Kuo, a known Apple analyst, has reportedly shared details […]
More Restrictions, Fifth Jab: How Europe Is Dealing With Omicron Surge
The European Union approved its fifth Covid-19 vaccine Monday, stepping up its battle against the Omicron virus variant as the WHO called for greater efforts to ensure the pandemic ends next year. Europe is already far ahead of other parts of the world with its rollout of vaccines and booster shots, but the Omicron variant […]
IRCTC sees profit booking after shares hit 52-week high
The share price of Indian Railway Catering & Tourism (IRCTC) witnessed profit-booking on Friday after hitting a 52-week high of Rs 2,727.95. This came after the company’s board approved the proposal for a share split in earnings call on Thursday. Shares of IRCTC surged over six percent to hit a 52-week high of Rs 2,727. In the […]
KPIT Tech shares jump 15%, touch 52-week high
The shares of KPIT Tech jumped as much as 15 percent on Monday to hit the 52-week high of Rs 385 on the BSE. The stock has risen over 145 percent year-to-date on the back of a robust order pipeline. The firm has seen its order pipeline rising to a record high in various geographies and segments, […]
Maruti Suzuki shares rise after Goldman Sachs retains ‘buy’ rating
The shares of Maruti Suzuki rose over half a percent in the morning session after Goldman Sachs retained a ‘buy’ rating on the stock despite the company cutting the production limit for August. GS has a target price of Rs 9,036 per share, over 30 percent higher than its current market price of Rs 6,890. […]
SEBI slaps Rs 6-lakh penalty on Capital First for disclosure lapses
Market regulator Securities and Exchange Board of India (SEBI) on August 25 imposed a penalty of Rs 6 lakh on Capital First Ltd for not disclosing encumbrance on shares of Deccan Chronicle Holdings Ltd (DCHL). Capital First (earlier known as Future Capital Holdings) merged with IDFC Bank in 2018 and the merged entity is called […]
Paytm staff convert ESOP grants into shares ahead of IPO
Ahead of Paytm’s initial public offering (IPO) rollout, several of its top employees are converting their employee stock ownership plan (ESOP) grants into the company’s shares. These shares are worth an estimated Rs 600 crore, according to media reports. To facilitate this exercise, One97 Communications Ltd, the parent company of fintech major Paytm, is in […]