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The SUEZ Canal which is connector between Meddditerian and Red Sea has been blocked by a Large Cargo ship named Evergiven. The ship turned sideways due to storms and hit the shore. All the traffic at the Suez Canal is currently held due to the Blockage. The Suez Canal was constructed by the Suez Canal Company between 1859 and 1869, it officially opened on 17 November 1869. The Suez Canal is an artificial sea-level waterway in Egypt, connecting the Mediterranean Sea to the Red Sea through the Isthmus of Suez; and dividing Africa and Asia.  There is a huge loss of Business with Oil prices rising due to the same and huge ship fare due to the same.  A few key affects and facts about the ship are as below: 1) Cost per Hour: The Suez Canal blockage is costing the world trade approx. $400 Million (Rs 2920 Crore) per Hour. The costs involved are huge in terms of time and delay in delivery in the times of Financial Year end. 2) All Indian Crew: The Ship Ever Given which is owned by Co...

India is moving towards a major push in the EV segment with some of the major steps such as  Scrappage Policy, New ventures in EV segment, subsidies on new EV purchases  and many other continuous steps. We are entering into a Decade where the new buyers as well as those with 8-10 years old vehicles will be looking for EV vehicles. The new Vehcile buyers will be tempted towards the subsidies in the EV segment and lower running cost further while owners with Old vehicles above 8-10 years old vehicles will be facing stringent rules of fitness test and Green tax of the  Scrappage Policy . There are many top quality EV vehicles rolled out by Auto makers which must be considered while making decision for a new vehicle in EV segment. 1)  TATA Tigor EV : Initially TATA Tigor EV was launched for the Government and Fleet owners segment in India, now Tigor EV Electric Sedan, with a range of 213 km has been launched by Tata Motors for the passenger segment. It is boosted by...

Shri Nitin Gadkari announced a few highlights of the upcoming Scrappage Policy for Vehicles. With India fighting Pollution Year after Year with SMOG taking over most of the September- November Months in the Capital DELHI, the Scrappage policy is the best thing that Government can offer as a solution. There are some initial highlights of the Scrappage policy which can help you to sort out the future plans for your car, Old or new. 1) Effective dates: The dates from when the Scrappage Policy will come to effect are as below:       a) Government Vehicles: The Government Vehicles which are above 15 years old will be scrapped from 1st April 2022.       b) Commercial Vehicles : The commercial vehicles which are more than 15 years old will come under the scrappage policy from 1st April 2023.      c) Passenger Vehicles: The passenger vehicles which are more than 20 years old will come under the scrappage policy from 1st April 2025. 2) Rebate on scr...

 The transition of the Indian Market to Electric vehicles has well and truly begun. The time required by this transition may start from as low as 2 years to anything about 8 years. While the EVs maybe the need of the hour considering Pollution, Low Fuel Reserves and Costs involved in running a Vehicle on a Fuel, this Transition is not going to be easy. NitiAyog released some numbers highlighting the cost involved in this conversion by 2030. As per the estimates raised by the report "Mobilizing Electric Vehicle Financing" released by the Nitiayog, below are some key points: 1) Finance sector has a key role to play in the transition to EVs with cumulative capital requirement of 19.7 Lakh crore for EVs, Charging Infrastructure and batteries over the next 10 years. 2) The report highlights a market size of Rs 3.7 Lakh crore for the financing of EVs which would be 80% of the current Financing for Indian Retail vehicle segment 3) Currently end users face manu challenges in adopting...

  OLA Founder Bhavish Aggarwal has announced the next Big Thing of Indian 2 wheeler market. Or we can say that the next Big thing of Global EV Market!!! Manufacturing plant of 500 acres in Outer Suburbs of Bangalore is on the lines of Tesla's Giga Factory in Nevada(US). The Plan is to make 10 Million(1 Crore) Electric Scooters per year by 2022 which is going to have a big Impact by the scale of production on the Cost of Electric Scooters in the Indian and Global Market. The biggest factor will be making a Scooter every 2 seconds. The extremely Low cost of Production due to such a low Takt Time may be a target to become the Next JIO of Indian Scooter market. Below Factors will make it a lot cheaper than the other scoooters: 1) The fact that Honda Activa production for the FY2020 was 26 Lac units shows that Ola EV plan is to produce 4 times the highest Scooter seller in India. This can lead to Cost of Production dropping to almost half  the cost of the Top selling scooter. 2) ...

Tata Motors shareholders meet today approved the Hiving off of its Passenger Vehicles Business to a new Unit . Tata Motors currently has a Buisness of Rs 9417 Crore in Passenger Vehicles Segement.  As we all know Passenger Vehicles has been a segment where Tata Motors has seen recent growth. The recent push for Atmanirbhar Bharat has also given a strong push to Tata Motors PV Business with more people opting for the Indian Company. Also Tata Motors has always had a strong edge over its competitors for the Outer body of the vehicle as it has its own Steel sheets in Tata Steel leading to lower costs. So we can expect strong growth overall for TATA MOTORS as its Passenger and Commercial Vehicle segment will be handled separately and with more focus. Same has been reflective on the shares of Tata Motors as it has grown more than 100% over the last 6 months. The company plans to settle this transition by May-June this year. Same was approved by 99.958% shareholders. So we may get t...

JEE Mains Result for the Exam held on Feb24th- Feb 26th has been declared.  The Students can check their results on the below Link www.jeemain.nta.nic.in Best of luck to all the students for their Results

 After 3 months of Indian Heroics in the TEST CRICKET, it is celebration time for the fans as India has finally survived all the Hiccups and challenges of changing criteria to qualify as the Top team for the WORLD TEST Championship Finals. Parties began in offices and through the weekend for Cricket fans.  And so do for BCCI as they announced the Schedule forthe most awaited IPL 2021 as IPL comes back to INDIA.  All of you must have already gone through the schedule. 6 Venues, 56 League matches and then PLAYOFFS and FINALS at the MOTERA or now as we Call it the NARENDRA MODI STADIUM.'We have a few Matches to watch out for if you are nearby any of these 6 venues and off course if it opens for spectators which is not the case as of now!!!!! Well I can bet on One Thing it will open for Spectators...... Maybe after first few Matches. 1) Delhi- Diwano ki Delhi a.        1st May CSK vs MI- Clash of the Champions One of the Iconic matches of...

Plans to lease office space for your new business? Had trouble finding an affordable yet quality office space for rent? If so, you are among the thousands of entrepreneurs who fail to get an affordable office space due to the presence of many competitors in the market. To find commercial rental space that is right for you, read the article and follow the tips mentioned below. In addition to the processing of permits, licenses and other legal documents, you also need to find office space with high foot traffic. If you do not know your requirements, it will not be difficult for you to find a suitable office space that meets your requirements. As a new business person, it is very important for you to choose the best office space you can find because it is one of the factors connecting your success and serves as a front for your business. You also need to consider several factors such as: Area: You have to determine how big or small office area you need to house your employees, of...