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Ola Electric to have 4,000 EV charging points in 2022: CEO Bhavish Aggarwal

As part of its ambitious charging infrastructure goal, Ola Electric will install more than 4,000 charging points for its electric scooters across cities in next year. In a tweet, Bhavish Aggarwal, Founder and CEO, Ola, said that Hypercharger roll out has begun across cities. "At key BPCL pumps as well as residential complexes. 4000+ points up through next year. We're installing across India and will make them operational in 6-8 weeks. Will be free for use till end June 22 for all customers," he said in a tweet late Tuesday.

NTPC receives Rs 135 cr interim dividend from JV firm

State-owned NTPC Limited on Wednesday said it has received around Rs 135 crore as interim dividend from a joint venture company. In a statement, the power giant said this is the second interim dividend paid by NTPC Tamil Nadu Energy Company Limited (NTECL) in the current fiscal.

Bajaj Auto to set up Rs 300 crore EV manufacturing facility in Pune

Bajaj Auto Ltd on Wednesday said it will set up an electric vehicle manufacturing facility at Akurdi in Pune with an investment of Rs 300 crore. The facility, for which the work has already commenced, will have the capacity to produce 5,00,000 Electric Vehicles (EVs) per annum and cater to both domestic and exports markets, the company said in a release. The first vehicle from the new unit, spread over half-a-million square feet space, is expected to be rolled out by June 2022. The unit will employ around 800 personnel.

Amara Raja to invest in Europe-based EV battery maker InoBat Auto

Amara Raja Batteries on Wednesday said it plans to invest in InoBat Auto, a European technology developer and manufacturer of premium innovative batteries for e-mobility. The initial investment will give the company a key foothold in the thriving European EV ecosystem, where multiple battery gigafactories are being set up to support the region's determined EV push, the company said in a statement.

Indian travellers indulged in 'workcation' mode this year: OYO report

Indian travellers were busy indulging in 'workcation' -- working away from home in a scenic location -- this year as they tried to adapt and make up for lost vacations while working remotely after the coronavirus pandemic upended travel and tourism sector in 2020, according to OYO Travelopedia 2021. Around 65 per cent of respondents in India have travelled in the past six months and a majority of them visited their loved ones, while some went for a getaway from their daily routines and travelled for leisure.

Foxconn Group to restructure management at India iPhone plant Apple supplier

Foxconn Technology Group on Wednesday said it was restructuring its local management at its Sriperumbudur facility in southern India after it found some issues at its offsite dormitory facilities. The factory in Tamil Nadu has been at the centre of a mass food-poisoning incident which sparked employee protests and threw light on the living conditions of the workers in hostels near the factory.

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