JS CAPITAL
How financing is turning out to be a bigger roadblock for EVs
Electric vehicle financing presents varying rates across different vehicle types, with banks and NBFCs playing a crucial role in offering competitive options. Understanding the evolving landscape of interest rates and the influence of factors like EV batteries is essential for customers looking to finance their electric vehicles effectively.
Scepticism drives EVs to a disadvantage over ICEs when it comes to financing
India navigates the financing challenges of electric vehicles (EVs) amidst climate change fervor. While electric passenger vehicles (e-PVs) benefit from competitive rates akin to Internal Combustion Engine (ICE) vehicles, e-two-wheelers face higher rates due to brand and credit profile variances. EV financing sees cautious optimism amid evolving battery concerns and nascent resale markets, with recent rate adjustments by banks and non-banking financial companies (NBFCs)
How cheap are electric vehicle (EV) loans? This depends on two factors
EV loan interest rates: For electric passenger vehicles, the rates are competitive with internal combustion engine (ICE) vehicles and sometimes even lower. However, for electric two-wheelers, the rates tend to be consistently higher, varying based on the brand and the customer's credit profile.
Pakistan inflation slows to 11.8% in May, lowest in 30 months
The lowest reading comes a week before the central bank meets to review the key rate which has remained at a historic high of 22% for seven straight policy meetings.
Window washers dangle from famous tower in severe storm; watch video
Amidst a heatwave in Beijing, the capital received some respite. However, soon a severe storm caused some workers to dangle from a building with just a rope protecting them.
Gautam Gambhir posts cryptic 'Smile' tweet after video of on-field scrap with Sreesanth goes viral
Sreesanth accused Gambhir of not respecting his senior colleagues, like Virender Sehwag, who was also his opening partner for years when both played for the national team.
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Sreesanth claims Gautam Gambhir called him 'fixer'. Ex-opener responds
Former Indian fast bowler Sreesanth has accused his ex-teammate Gautam Gambhir of calling him a "fixer" during a Legends League Cricket (LLC) match between India Capitals and Gujarat Giants. A video of the argument between the two players has been circulating on social media, where they can be seen engaging in a heated exchange.
'Bouncing back with every rep.' Rishabh Pant, away from the pitch for a year, shares recovery update with workout video
The 26-year-old Delhi Capitals wicketkeeper, who has not played cricket for a year following a terrible car accidnet, shared a video on Instagram in which he is seen sweating it out at a gym, lifting weights and cycling.
Rishabh Pant shares workout video amid recovery, Delhi Capitals colleague David Warner says this makes him 'smile & very happy'
Indian cricketer Rishabh Pant has shared a glimpse of his workout routine as he continues to recover from injuries sustained in a car accident last year. Pant posted a video on Instagram showing him working out on an exercise bike, aiming to regain his form and fitness.
Earthquake today: Magnitude 6.3 earthquake, strong aftershock rattle Colombia capital Bogota, other cities
Colombia capital Bogota was rattled by a strong earthquake. The strong earthquake was followed quickly by a strong aftershock shook Colombia's capital and other major cities Thursday. There were no immediate reports of casualties or damage.
Front-end DevTools startup Locofy.ai raises $4.25 million
The Singapore-based fully remote startup, with employees across India, Pakistan, Vietnam, Philippines and Canada, converts web and mobile app designs into several front-end coding languages.
Fight breaks out between fans during Delhi Capitals vs SRH IPL match. Watch
Sunrisers Hyderabad defeated Delhi Capitals by 9 runs in the ongoing Indian Premier League. A fight also broke out between Delhi and Hyderabad fans during the match with a video circulating on Twitter showing fans fighting each other. The cause of the fight is not clear. Abhishek Sharma and Heinrich Klaasen’s attacking fifties helped Hyderabad get a huge score of 197 for 6 while chasing a total of 188, DC lost by 9 runs. With the win, SRH remained alive in the competition, breaking their three-match losing streak, while DC stayed at the bottom.
New fraud in the start-up world? Kalaari Capital CEO Vani Kola urges fans to block fake Instagram account
The scammer replicated all of Kola's Insta posts & had been messaging people via the fake account.
Urvashi Rautela responds to placard, “Thank God, Urvashi is not here”, fans react hilariously
Actor Urvashi Rautela has been into many controversies related to cricketer Rishabh Pant and has faced backlash for the same.
IPL 2023: Delhi Capitals unveil new jersey after David Warner's captaincy announcement
David Warner will serve as the franchise's captain during the 2023 IPL season in Rishabh Pant's absence, the Delhi Capitals recently announced in an official statement. Axar Patel was chosen as Warner's partner in command.
Rishab Shetty, Yash meet PM Narendra Modi in Bengaluru. Photos storm social media
Popular actors Yash and Rishab Shetty met Prime Minister Narendra Modi during the latter’s Bengaluru visit. Check details here.
IPL Auction 2023: Who is Mukesh Kumar? Know about pacer signed by Delhi Capitals for Rs 5.50 crores
Mukesh Kumar, a West Bengal pacer has signed up for Delhi Capitals(DC) for IPL 2023 for Rs 5.50 crores becoming the highest-paid player of DC. He has played for the Bengal cricket team and hails from Gopalganj of Bihar.
IPL 2023 Auction starts today: Here are all the things you need to know
There will be new bids on a total of 405 players to fill the last 87 spots in the IPL's 10 franchises
Snake in Aussie pacer Mitchell Johnson's Lucknow hotel room
Mitchell Johnson, who is in India to take part in a veteran's T20 league, spotted the snake in his hotel room in Lucknow on Monday.
Languify raises $180K in a seed round led by Titan Capital
The capital will be further used to build the company's core team, for product development and growth realizing the 1.5 M USD of LOIs generated.
Volcanic eruption near Iceland capital Reykjavik. Watch video
Lava and smoke can be seen spewing from a fissure on Fagradalsfjall Mountain. The eruption occurred near Mount Fagradalsfjall, where a volcano erupted for six months in 2021, located approximately 40 kilometers, i.e., 20 miles from the capital of Iceland, Reykjavik.
Private equity firm Thomas Bravo buys Anaplan for $10.7 billion
Private equity firm Thomas Bravo is buying US-based software enterprise Anaplan for about $10.7 billion. The announcement came after Anaplan was targeted by an activist campaign launched by a team of two hedge funds and a shareholder.
Crypto crashes, sparks panic; Dream Capital chases cricket NFTs
The digital asset has now lost almost half its value from an all-time high of $68,990 in November, owing to geopolitical tensions and the prospect of US interest rate hikes.
ET’s weekly roundup of the wackiest whispers and murmurs in corporate corridors
For several of our blue-blooded business bosses, the pandemic has been perfect to pen a tell-all memoir. A doyen of the Indian auto industry has clearly inspired many of his peers to dial publishers, even rope in ghost writers and start putting pen to paper.
MyGate aims at 10-fold growth in user base in 2020
The firm has raised a 'Series B' funding of $56 million from the Chinese internet giant Tencent Holdings, US- based JS Capital, Tiger Global Management, besides the existing investor Prime Venture Partners.
Pakistan plans to curb central bank's power to manage currency
On Friday, the State Bank of Pakistan weakened the rupee for the fifth time this year.
NiYO Solutions raises $13 million plans rapid expansion across the country
The round also saw the participation of its existing investor Prime Venture Partners which had invested $1million in the company last year.
Everstone Capital puts on block 45% in Pind Balluchi Company
In January 2012, Everstone picked up 45% stake in JS Chadha-run JS Hospitality for $20 mn. The co runs 35 Pind Balluchi restaurants, mostly in the NCR.
Fintech company Ezetap gets $16 million US-based JS Capital
Social Capital and Hong Kong business tycoon Li Ka-shing's Horizons Ventures also increased their stake in the company as part of this round.
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