JSW Group gears up to launch its own EV brand

JSW is planning to build a dedicated car plant in Aurangabad, Maharashtra, focused on the production of electric vehicles.

Months after partnering with SAIC Motor to manufacture Morris Garages’ EVs in India, JSW Group plans to launch its own electric vehicle brand, signalling a strategic push into India’s burgeoning EV sector.

Post-festive blues: High-end smartphone sales underperform, says report

A few distributors indicated that as Durga Pooja and Diwali were celebrated in one month (last year, Diwali was in mid-November), it impacted demand momentum from salaried people. (Image source: Moneycontrol)

There has been a lower growth in mobile sales, especially for high-end models like the iPhone 16 and Samsung’s new foldable phones, post the festive period.