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  • FDI Ranking, Tata's Fleet Edge, Eco-freindly cars Taxi's, OYO's Funding, Accounting AI, Etc

FDI Ranking, Tata's Fleet Edge, Eco-freindly cars Taxi's, OYO's Funding, Accounting AI, Etc

From Startups to Giants: Covering All of India's Business in Less than 5 Minutes

Market Briefs

Main Briefs

Global Economic Challenges Hit India’s FDI, Ranking Slips to 15th:

PC: Facebook

  • FDI inflows to India decreased by 43% to $28 billion in 2023.

  • India's ranking in UNCTAD's World Investment Report dropped from 7th to 15th.

  • The decline is due to global economic uncertainties and domestic policy challenges.

  • Global FDI flows remained stable at $1.3 trillion.

  • India was previously ranked 7th in FDI inflows globally in 2022.

Tata Motors' Fleet Edge: Boosting Efficiency with Digital Solutions for Commercial Vehicles:

  • Tata Motors launched 'Tata Motors Fleet Edge,' a digital m

    arketplace for commercial vehicles.

  • The platform provides vehicle health monitoring, trip optimization, and real-time fleet tracking.

  • Aimed at enhancing operational efficiency and cost management for fleet owners.

  • The initiative reflects Tata Motors' commitment to leveraging technology for customer benefits.

  • Expected to streamline fleet operations and reduce operational costs.

Indian Briefs, You Can’t Miss:

  1. Uber Introduces Eco-Friendly Electric Cabs in Kolkata.

  2. Salesforce Strengthens Indian Presence with Public Sector Division and Lending Innovation.

  3. Emcure Pharmaceuticals Receives SEBI Approval for July IPO.

  4. 2023 Sees an 8% Increase in India's Fossil Fuel Consumption.

  5. Ola Announces Four New Electric Motorcycles, Deliveries Start FY25.

  6. India's Steel Demand Surges, Becomes Net Importer in FY24: CRISIL.

  7. Japanese Giant Mitsui Pours Rs 200 Crore into Pune's Eka Mobility.

  8. OYO Receives Shareholder Approval to Raise Rs 417 Crore via Preference Shares.

World Briefs

  • Amazon to Swap Plastic Air Pillows for Eco-Friendly Paper Filler

  • US, China to Engage in High-Level Discussions on Narcotics Control.

  • Chinese Carmakers Urge Tariff Hike on Imported European Gasoline Vehicles.

AI Briefs

  • AI Ambitions: PayPal Hires Srini Venkatesan as Chief Technology Officer.

  • Kinetic Unveils Robots to Repair Electric Cars and Future Robotaxis.

  • Ensuring Safety: OpenAI's Ilya Sutskever Announces Superintelligence Vision.

  • Roots Launches App to Monitor Screen Time and Digital Dopamine Levels.

  • Materia Introduces AI Tools to Streamline Accounting Tasks.

  • Pocket FM Teams Up with ElevenLabs for Fast Audio Script Conversion.

Company Of The Day

Company Name: Ola Electric

PC: The Financial Express

  • Founder: Anand Shah, Ankit Jain, Bhavish Aggarwal

  • Year Of Foundation: May 26, 2017

  • Headquarter: Bengaluru, Karnataka, India

  • Industry:

    Ola Electric focuses on developing and manufacturing electric vehicles (EVs) and related technologies.

  • Why Is It in the News?

    Ola Electric's IPO would be the first by an EV startup in the country and amongst the biggest new-age IPOs this year.