"Royal Enfield (RE) has a waiting period of 1-1.5 months for its bikes, with the newly launched Meteor garnering very good response. We expect restricted wholesales growth of nearly 10 percent for RE due to production loss on account of cyclone Nivar, 8.6 percent for Bajaj Auto (7.5 percent growth in domestic 2W), 25 percent for Hero MotoCorp and about 14 percent for TVS," Motilal Oswal said. … [Read more...] about No negative surprises, auto sales numbers for November likely to show an uptick
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IDBI Bank shares surged Friday as the market cheered the possibility of LIC acquiring a piece of the bank. But, is it a cause for celebration or concern? Unlike other state-owned banks, the government had an opportunity to privatise IDBI Bank as it is not covered by the bank nationalisation laws, and there is no legal restriction on the government to trim its stake below 51 percent. Had it done so, the government could have sent a strong signal about its intent to fix the problems of the banking sector. Transferring a part of its stake to LIC is an ad-hoc interim solution and shows the government’s reluctance to cede control. … [Read more...] about Is a possible stake sale to LIC the best solution to IDBI’s problems?
There are broadly four types of vaccine — one, a vaccine based on the whole virus (this could be either inactivated, or an attenuated [weakened] virus vaccine); two, a non-replicating viral vector vaccine that uses a benign virus as vector that carries the antigen of SARS-CoV; three, nucleic-acid vaccines that have genetic material like DNA and RNA of antigens like spike protein given to a person, helping human cells decode genetic material and produce the vaccine; and four, protein subunit vaccine wherein the recombinant proteins of SARS-COV-2 along with an adjuvant (booster) is given as a vaccine. … [Read more...] about Online focus, festive season makes luxury watch players optimistic about India
While the bike is very much a cruiser, with forward-set footpegs, tall handlebars and a low-slung, wide berth, RE has practiced enough restraint with the seating position to make it easier to maneuver in city traffic. It’s also equipped the bike with tripper navigation that can be accessed through the ‘Royal Enfield’ app, which provides turn-by-turn navigation instructions through a digital dial with a coloured TFT display. … [Read more...] about Everything you need to know about the new Royal Enfield Meteor
Lee’s team cultivated yeast down a certain evolutionary path to create a microorganism that could turn all of the available sugars in cardboard into fats. And the yeast doesn’t just munch cardboard: It can process any common paper, as well as waste plant matter from farming and logging. In this sense, Lee’s approach to producing biodiesel is especially notable compared to how we currently make ethanol. Instead of using food to create energy, it uses waste. … [Read more...] about Your Amazon boxes could be turned into biofuel