
Bajaj Auto closes bookings for Chetak EV
The Hindu
Firm cites COVID-led supply-chain issues
Bajaj Auto said the firm had to stop accepting bookings for Chetak electric scooter within 48 hours of reopening bookings in Bengaluru and Pune following an overwhelming response. “The bookings were opened at 0900 hrs and customers were able to book Chetak online on a first come, first serve basis,” the company said in a statement. “A large number of confirmed orders were placed by customers requiring the company to cease acceptance of bookings within 48 hours,” it said in a statement.
Mobile phones are increasingly migrating to smaller chips that are more energy efficient and powerful supported by specialised Neural Processing Units (NPUs) to accelerate AI workloads directly on devices, said Anku Jain, India Managing Director for MediaTek, a Taiwanese fabless semiconductor firm that claims a 47% market share India’s smartphone chipset market.

In one more instance of a wholly owned subsidiary of a Chinese multinational company in India getting ‘Indianised’, Bharti Enterprises, a diversified business conglomerate with interests in telecom, real estate, financial services and food processing among others, and the local arm of private equity major Warburg Pincus have announced to collectively own a 49% stake in Haier India, a subsidiary of the Haier Group which is headquartered in Qingdao, Shandong, China.











