
TATA.ev launches 10 high-speed MegaChargers across major highways
The new MegaChargers are located along prominent highways such as the Mumbai–Ahmedabad and Delhi–Jaipur corridors, as well as in cities like Bengaluru and Udaipur.On the Mumbai–Ahmedabad Highway, three chargers at Vadodara (Shreenath Food Hub), Vapi (Shanti Complex), and Ghodbunder (Hotel Xpress Inn) provide high-speed charging facilities. Notably, the Vadodara station features a flagship 400kW charger that can charge up to six vehicles simultaneously and deliver 150km of range in just 15 minutes.advertisementFour MegaChargers on the Delhi–Jaipur Highway are spaced roughly every 60km, offering 120kW fast charging at popular stops such as SS Plaza (Gurugram), Hotel Old Rao (Kaprivas), Asli Pappu Dhaba (Hamzapur), and Hotel Highway King (Shahpura).The Pune–Nashik corridor has a key installation at Akash Misal House (Rajgurunagar), while urban commuters in Bengaluru can use the new charger at Monk Mansion in Electronic City. Udaipur also gains a strategically located charger at Ramee Royal Resort, catering to both tourists and residents.Beyond speed, these MegaChargers are designed to enhance the EV charging experience. Many locations offer restrooms, cafes, Wi-Fi, retail outlets, and even co-working spaces, making them ideal stops during long journeys or for urban professionals.TATA.ev customers also receive special benefits, including up to 25% discount on charging tariffs, priority service, and 24x7 customer support. Chargers can be located and accessed through the iRA.ev app, with support for auto charge and RFID-based systems.Statiq CEO Akshit Bansal called the launch a pivotal moment for EV adoption in India, saying, 'Our collaboration with TATA.ev is a milestone in building a trusted, nationwide EV charging network. By co-branding with them, we will make EV adoption more accessible and reliable for every Indian, empowering users to easily locate and use charging stations through the iRA.ev & Statiq app.' give a headline in 80 charactersadvertisementChargeZone CEO Kartikey Hariyani added, 'We are proud to partner with TATA.ev to unveil our first co-branded Supercharging Station on NH48, which is strategically located along key National Highway corridors. Together, ChargeZone and TATA.ev are pushing the boundaries of EV charging in India by focusing on the needs of today's EV drivers— fast, reliable, and easily accessible solutions. We're building a seamless EV ecosystem that supports innovative features including auto charge, RFID tap and charge, which meets current demands and future mobility needs.'With a target to more than double India's public EV charge points to 400,000 by 2027, TATA.ev's MegaCharger initiative is seen as a foundational step in laying the groundwork for large-scale EV adoption.Subscribe to Auto Today Magazine

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Economic Times
an hour ago
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Trump-Putin talk, GST reform and FII action among 9 factors to impact stock markets this week
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The index reclaimed its 100-DMA at 24,560, which will now serve as an immediate support, he said."Over the past month, the Nifty has struggled to cross its short-term 21-DMA at 24,770. A decisive move above this level is crucial to unlock further upside towards 25,000. The RSI has turned higher to 44, indicating improving momentum, while the MACD remains below the zero line. Although sentiment has improved, a clear confirmation of a trend reversal is still awaited."Factors that are likely to impact movement when markets reopen this week:The understanding reached between US President Donald Trump and Russian President Vladimir Putin on the Ukraine issue on Friday is expected to lift market sentiment when trading resumes on Monday. Although the two leaders stopped short of striking a deal to end the war, Putin said they had arrived at an 'understanding.' Their nearly three-hour meeting in Alaska did not produce a ceasefire, but Trump described it as a 'very good meeting,' while cautioning that 'there's no deal until there is a more – Explained: How Nifty, Sensex may react to Trump-Putin talks and Modi's GST tax reform on Monday? Prime Minister Narendra Modi's Independence Day announcement of major Goods and Services Tax (GST) reforms this Diwali could boost investor sentiment, opine experts. Speaking from the Red Fort on Independence Day, Modi on Friday announced rate cuts to be rolled out by Diwali in the GST 2.0. The PM said GST rates will be lowered on everyday-use goods as part of reforms to the eight-year-old tax action on Wall Street will give cues to the global markets including India. Wall Street's two major indices finished with declines while the Dow managed to remain afloat in the green. A mixed US economic data led to the souring in sentiments. While the US retail sales climbed 0.5% in July from June, the Federal Reserve's index for industrial production edged downThe Dow 30 ended the session at 44,946.10, gaining 34.86 points or 0.08% while S&P 500 settled at 6,449.80, down by 18.74 points or 0.29%. The Nasdaq Composite closed at 21,623, falling by 87.69 points 0.40%.Just about 100 companies have corporate actions lined-up this week with record dates for dividends, rights issue, stock split and bonus shares for more than 100 companies over the five-day trading companies which will have record dates for the purpose of dividend are JK Paper, Jammu & Kashmir Bank, Natco Pharma, Power Grid Corporation of India, Senco Gold, Coal India, Hindustan Aeronautics (HAL), Rail Vikas Nigam (RVNL), Federal Bank, Godfrey Phillips India and Indian Railway Catering and Tourism Corporation (IRCTC).Algoquant Fintech's record date will be for the purpose of stock split, Josts Engineering Company for rights issue and Bemco Hydraulics for bonus will be an IPO heavy week as 5 mainboard issues and one SME issue will hit the Indian primary markets. In the mainboard category, Patel Retail, Vikram Solar, Gem Aromatics, Shreeji Shipping Global and Mangal Electrical Industries will launch their public the SME segment, Studio LSD will launch its IPO and the stock will get listed on the NSE Emerge Read: Vikram Solar, 5 other IPOs to open next week. Here's what GMPs suggest Market actions will rely on how foreign institutional investors (FIIs) behave. Foreign Institutional Investors (FIIs) sold shares worth Rs 10,173 crore last week. On Friday, FIIs outflows stood at Rs 1,926.8 while the domestic institutional investors were net buyers at Rs 3,896 2025 so far, FIIs have sold shares worth Rs 1,16,617 Read: FIIs sell Indian equities worth Rs 20,975 crore in August so far. Can Trump-Putin's Ukraine 'understanding' reverse trends? Santosh Meena, Head of Research at Swastika Investmart said that the extreme oversold conditions and supportive global cues lifted investor sentiment though momentum remained muted due to persistent foreign outflows. Broader markets staged a recovery across sectors, led by pharma and auto stocks, though FMCG lagged, he a technical standpoint, the Nifty has established a strong base at the 24,350 level, forming a bullish engulfing candlestick pattern on the weekly chart, Meena said. "The immediate resistance lies at the 20 and 50-day moving averages (DMAs) clustered around 24,700-24,800. A decisive break above this level could trigger a short-covering rally towards 24,950, 25,080, and 25,225. Immediate support is at the 100-DMA of 24,575, with the crucial support level remaining at 24,350," he rupee closed at 87.5500 against the U.S. dollar, softer than Wednesday's close of 87.4400, navigating a choppy session that saw it swing between 87.39 and 87.67. The currency unit touched 87.8850 last week after Trump's tariffs salvo, with the Reserve Bank of India stepping in to prevent the rupee from breaching the all-time low of 87.95 - a level bankers believe the central bank will continue to defend."In the shorter term, we may see some relief on the ratings upgrade, but the rupee is still not out of the woods as trade uncertainties persist and broad economic indicators are still weak," said Dilip Parmar, currency analyst at HDFC oil prices cooled on Friday in light of the Trump-Putin meeting. Moreover, quoting analysts Reuters reported that premiums for prompt benchmark oil prices globally are falling compared with those in future months on rising output from the Middle East, Latin America and Europe, just as peak summer demand US WTI oil contracts ended at $63.14, down by $0.82 or 1.28% while Brent oil futures were hovering near $65.85, higher by $0.71 or 1.06%.(Inputs from agencies)(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)