Tag archives: business today

Government Slashes Subsidies for E2Ws, Sales Plummet

Posted on July 7, 2023August 4, 2023by pradeep

The Indian government's decision to slash subsidies for electric two-wheelers (E2Ws) has had a devastating impact on the industry, with sales plummeting and manufacturers struggling to stay afloat. The subsidy mess began in June 2023, when the government announced that it would be reducing the subsidy for E2Ws from 40%...

IEX Shares: A Look at the Business Model and Valuation

Posted on June 12, 2023July 27, 2023by Hrishita Dewangan

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IEX Shares: A Look at the Business Model and Valuation

Basant Maheshwari, a market veteran, has expressed concerns about the business model of Indian Energy Exchange (IEX) and its potential impact on the company's stock performance. He pointed out that the Ministry of Power's decision to implement market coupling could undermine IEX's dominance, which he referred to as "puncturing its...