Kia launches its first made-in-India EV
Designed to meet the evolving needs of prospective EV customers, the Carens Clavis EV offers a unique blend of space, intelligence, and flexibility without compromising on affordability.
Whether it is a long road trip with friends or family, a quick weekend getaway, or a regular inter-city commute, the Carens Clavis EV is built to handle it all with ease. Its inclusive design and unmatched performance reflect Kia's vision of electric mobility that goes beyond a select few, making it a vehicle for everyone who seeks smarter, greener, and more practical driving experience.
The Carens Clavis EV transforms everyday driving with its innovative paddle shifters, a standout feature in the electric driving experience. Drivers can easily access four levels of regenerative braking using paddle shifters, tailoring energy recovery and deceleration to their preference, and driving conditions.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Economic Times
21 minutes ago
- Economic Times
Jio extends its ‘unlimited offer' with free JioHotstar access. What are the key benefits for its users?
Agencies This is an AI-generated image. After a strong response during the cricket season, Jio has extended its 'Unlimited Offer' this quarter, offering users on Rs 299 and above plans a 90-day free JioHotstar subscription in 4K for TV and mobile, along with a 50-day free trial of JioFiber or AirFiber for home use against a refundable deposit of Rs Platforms reported strong financial and operational performance for the quarter ended June 2025, with EBITDA rising 23.9% year-on-year to ₹18,135 crore. Net profit grew 24.8% to ₹7,110 crore. The company added 9.9 million net subscribers during the quarter, supported by gains in the mobility segment and record additions in home broadband connections. Monthly churn stood at 1.8%, while total subscriber base reached 498.1 million as of June 30, 2025. JioTrue5G users crossed the 200-million mark, reaching 212 million by the end of the quarter. Fixed broadband connections touched nearly 20 million, and JioAirFiber became the world's largest fixed wireless access (FWA) service with 7.4 million also launched JioGames Cloud, a cloud-based gaming platform offering access to over 500 titles across devices without dedicated hardware. Average revenue per user (ARPU) rose to ₹208.7, aided by tariff hikes and seasonal factors. Per capita data usage reached 37 GB/month, with total data traffic up 24% year-on-year to 54.7 billion GB. Free JioHotstar Subscription: All eligible Jio prepaid and postpaid users will get a complimentary JioHotstar subscription under the "Jio Home Unlimited Offer 2025". Who Can Avail the Offer – Prepaid Users: Jio prepaid users who recharge with ₹349 or above plans that include at least 1.5 GB data per day are eligible. Who Can Avail the Offer – Postpaid Users: Jio postpaid users with plans starting from ₹349 per month or more (including new customers or those changing their plan) are eligible. Not Eligible: The offer is not applicable to users of JioBharat, JioPhone, or voice-only value plans. Other Eligibility Conditions: To avail the offer, users must be active Jio prepaid or postpaid subscribers and enrolled in the Jio Prime membership. Offer Validity: The offer is available for a limited time starting from July 1, 2025. The end date will be decided by Jio. Offer Benefits: The benefits will be available during the validity period of the eligible recharge or postpaid plan. Free JioHotstar Access: Jio prepaid and postpaid users on eligible plans can get up to 3 months of complimentary JioHotstar (JHS) subscription in 4K. Eligibility – Prepaid Users: Recharge with ₹349 or above (plans with 1.5 GB/day or more). Recharge within 48 hours of expiry to continue benefits for the 2nd and 3rd months. Prepaid Benefits: Recharge valid for 28–30 days: 1 month JHS. Recharge valid for 28–56 days: 2 months JHS (recharge again within 48 hrs for 3rd). Recharge valid beyond 56 days: 3 months JHS. Eligibility – Postpaid Users: Active postpaid plan of ₹349/month or higher. Valid for new activations or plan changes during the offer period. Eligible postpaid users get full 3-month JHS subscription. Not Eligible: JioBharat, JioPhone, and voice-only value plans. Jio Home WiFi Offer 50-Day Free Home Internet Trial : Eligible Jio prepaid/postpaid users get a free trial of JioFiber or JioAirFiber for 50 days. : Eligible Jio prepaid/postpaid users get a free trial of or for 50 days. Eligibility – Prepaid : New users recharging with ₹349. Existing users recharging with ₹349+ plans (1.5 GB/day or more). ₹100 data add-on recharge is also eligible. : Eligibility – Postpaid : Active monthly plan of ₹349 or above. ₹100 data add-on recharge also qualifies. : Upfront Payment : ₹500 refundable deposit, returned as five ₹100 vouchers after 6 months (one voucher redeemable at a time). : ₹500 refundable deposit, returned as five ₹100 vouchers after 6 months (one voucher redeemable at a time). How to Avail : Express interest via MyJio app or . Offer activation is on a first-come, first-served basis and subject to technical feasibility. : Post Offer : After 50 days, users will be auto-migrated to the ₹599 JioFiber/JioAirFiber postpaid plan. :
Mint
21 minutes ago
- Mint
JSW Steel starts FY26 on a high but remains cautious
Mumbai: JSW Steel Ltd reported better-than-expected profit for the June quarter, driven by higher production and sales volume as well as lower cost of coking coal, a key ingredient. The steelmaker's first-quarter profit jumped to ₹ 2,209 crore from Rs.867 in the same quarter a year ago, according to the company's exchange filings. A key reason for this was improved steel prices, primarily due to the government's 12% safeguard duty to protect the industry from cheap steel imports from China. 'Steel prices rose during the quarter, while sales volumes also picked up due to the ramp-up of the Vijayanagar expansion project,' said Suman Kumar, analyst at Dolat Capital. The rise in steel prices, however, is a temporary phenomenon and the management believes the government needs to do more to ensure greater profitability for Indian steelmakers, he added. JSW Steel, India's largest steelmaker by capacity, reported consolidated revenue of ₹ 43,147 crore for the April-June quarter, up from ₹ 42,943 a year earlier, beating the ₹ 42,790 crore projection, on average, of 23 analysts polled by Bloomberg. JSW Steel benefited from lower cost of raw materials, mainly coking coal, which was partly offset by higher fuel consumption due to planned blast furnace shutdowns. Mining royalties also fell, helping reduce total expenses. Earnings before interest, taxes, depreciation, and amortization (EBITDA) in the first quarter rose 37% year-on-year to ₹ 7,576 crore. The steelmaker maintained its production and sales guidance for 2025-26 at 30.5 million tonnes and 29.2 million tonnes, respectively. JSW Steel spent ₹ 3,400 crore in the June quarter out of its estimated capital expenditure of ₹ 20,000 crore for FY26. For FY25, JSW Steel had initially estimated a capex of ₹ 20,000 crore before lowering it to ₹ 16,000 crore. It missed that revised target, spending only ₹ 14,656 crore in FY25. The steelmaker reported consolidated production of 7.26 million tonnes for the June quarter, a 14% rise from a year ago. Sales volume improved 9% to 6.69 million tonnes. In an post-earnings interaction with analysts, JSW Steel's management said the company's sales volume would increase in the second quarter as the maintenance shutdowns were completed. Also, a second converter at JSW Vijayanagar Metallics Ltd is being commissioned, which will help lower the cost of production, they said. However, demand could weaken in the ongoing second quarter due to the monsoon rains. 'In Q2, the management expects to see some seasonal weakness in volumes due to the monsoon. While steel prices have come down, the company expects a further drop in coking coal prices, which will partially offset the price decline. The long-term outlook remains optimistic,' said Kumar. JSW Steel's management also said that it expects a favourable decision when the government reviews the safeguard duty on steel imports. The government imposed the 12% safeguard duty on 21 April for a period of 200 days. Although finished steel imports have moderated, exports also fell, and India continues to be a net importer. JSW Steel's management expects low priced imports to remain a concern, stressed by changes in globaltrade flows due to rising tariff uncertainties. The management also noted that while there has been some reduction in steel production in China in recent months, elevated exports of Chinese steel remain a challenge for India's steel industry. JSW Steel also said, based on legal opinion, that it had gained control over Bhushan Power and Steel Ltd as on 30 June and was continuing with the consolidation of BPSL's financial results with its results. The steelmaker expects to be compensated adequately if BPSL goes into liquidation after the SupremeCourt scrapped its resolution plan for the bankrupt company, as Mint reported on 23 May. JSW Steel has filed a review petition on the apex court's decision. JSW Steel shares closed Friday's trading on BSE mostly unchanged at ₹ 1,034.40 each. The stock has gained 14.24% so far this year, while the benchmark Sensex index has risen 4.14%.
&w=3840&q=100)
Business Standard
21 minutes ago
- Business Standard
Adani exits AWL agri business, sells 10.42% stake to Wilmar for ₹3,732 cr
Adani Group on Friday exited AWL Agri Business (formerly known as Adani Wilmar) by selling its remaining 10.42 per cent stake in the company for Rs 3,732 crore through open market transactions, according to the BSE data. Adani Commodities LLP (ACL), a subsidiary of Adani Enterprises, offloaded a total of 13,54,82,400 equity shares in 11 tranches on Friday, amounting to a 10.42 per cent stake in AWL Agri Business, as per the block deal data on the BSE. The transaction was valued at around Rs 3,732.54 crore and executed at an average price of Rs 275.50 apiece. Meanwhile, Dubai-based Shajaeatan Investment FZCO purchased a little over 11.07 crore equity shares or 8.52 per cent in AWL Agri Business for Rs 3,049.99 crore. Quant Mutual Fund (MF), IDFC MF, Bandhan MF, Jupiter Fund Management, Morgan Stanley Asia Singapore, US-based Susquehanna International Group, Franklin Templeton, Vanguard, and Singapore-based Duro Capital were among the buyers of AWL Agri Business shares on the BSE. Shares of AWL Agri Business slipped 1.31 per cent to close at Rs 274.60 apiece on the BSE. On Thursday, billionaire Gautam Adani-promoted Adani Group said it has sold a 20 per cent stake in AWL Agri Business to Wilmar International Singapore for Rs 7,150 crore, as part of its decision to exit the FMCG business and focus on the infrastructure vertical. In January, ACL had already sold a 13.51 per cent stake in AWL through the offer for sale route, generating Rs 4,855 crore. AWL Agri Business sells edible oil and other food products under Fortune brand. In December last year, Adani Group had announced divestment of its entire 44 per cent stake in AWL to sharpen its focus on core infrastructure businesses. During the 2024-25 fiscal, AWL Agri Business Ltd had posted a net profit of Rs 1,225.81 crore on a total income of Rs 63,910.28 crore.
