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Hyundai Motor Group posts record sales in US in 2024

Seoul, Jan 5 (IANS) South Korea’s Hyundai Motor Group said on Sunday it has posted record sales in the United States in 2024, driven by the popularity of SUVs, minivans and eco-friendly models. Hyundai Motor Co. and its sister company Kia Corp sold a combined 1.7 million units of automobiles in the U.S. market last […]

DPIIT joins Stride Ventures to help Indian startups go global

New Delhi, Jan 4 (IANS) The Department for Promotion of Industry and Internal Trade (DPIIT) on Saturday said it has partnered with Stride Ventures, a leading venture debt firm, to boost the growth of startups in the country and widen their global footprint. Stride Ventures will curate dedicated programmes and collaborate on engagements like the […]

India’s smartphone market to cross $50 billion in value this year: Report

New Delhi, Jan 3 (IANS) India’s smartphone market is projected to cross $50 billion in value by 2025, driven by the ongoing trend of premiumisation and thrust on local manufacturing, a report showed on Friday. The retail average selling price (ASP) of India’s smartphone market is expected to cross the $300 mark for the first […]

Hyundai Motor’s sales down 1.8 pc in 2024 as domestic demand wanes

Seoul, Jan 3 (IANS) Hyundai Motor, South Korea’s leading automaker, said on Friday its annual sales slipped 1.8 per cent from a year earlier in 2024 due mainly to a decline in domestic demand. Hyundai Motor sold 4,141,791 units last year, down from 4,216,898 units sold the previous year, the company said in a press […]

India sees office leasing volume at record 89 million square feet in 2024

New Delhi, Jan 3 (IANS) India’s office sector saw an unprecedented 89 million square feet (MSF) of gross leasing volume (GLV) across the top eight cities in 2024, according to a report on Friday. This marks the highest-ever GLV recorded in the sector, surpassing 2023’s peak by a significant 14 MSF and a 19 per […]

Self-help groups show potential of women-led development in India: Jitendra Singh

New Delhi, Jan 3 (IANS) The self-help groups (SHG) reflect the potential of women-led development in India, said Union Minister of State (Independent Charge) for Science and Technology Dr. Jitendra Singh. Emphasising the importance of “women-led development” as a key priority of Prime Minister Narendra Modi’s governance agenda, Singh said this while addressing a gathering […]