Samvardhana Motherson raises $350 million via bonds

The bonds were sold by a subsidiary, SMRC Automotive Holdings Netherlands, and are priced at 140 basis points above the five-year US treasury, currently trading at about 4.30%. After taking into account the costs, the bond was priced at a yield of 5.72%.

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iOS 18 to Introduce India-Focused Customisation, Keyboard and Language Features

iOS 18 will introduce features tailored to users in India, when the upcoming operating system update for eligible iPhone models is released later this year. Users will have access to new customisation options on the lock screen and contact posters, while the keyboard will get improved language support, along with Siri and the Translate app.

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Google Pixel 9 Pro Fold May Support Improved Split-Screen Mode: Report

Google Pixel 9 Pro Fold is likely to launch with display upgrades over the Pixel Fold, Google's first-ever foldable smartphone, which was unveiled in May 2023. A new report suggests that the rumoured foldable device may arrive with improvements to the split-screen mode. It is also expected to get upgraded resolutions over the existing model.

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Automakers take lead in FY24 salary hikes with double-digit raises

A Tata Motors spokesperson said the company rewarded its employees with higher performance pay in FY24 as an acknowledgement of their significant contribution in the overall growth and improvement in the financial performance of the organisation.

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Vivo Y28s 5G Price in India Leaked Ahead of Anticipated Debut: Expected Specifications, Features

Vivo Y28s 5G with MediaTek Dimensity 6300 SoC was released in select global markets last month. It is currently listed on the company's global website with a complete list of specifications. Vivo is yet to confirm its availability in India still, ahead of it, a tipster has suggested the price details of this Vivo Y series handset. The Vivo Y28s 5G seems to debut as a ...

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iOS 17.6 Developer Beta 2 Update for iPhone With ‘Catch Up’ Feature Rolls Out to Beta Testers

iOS 17.6 Developer Beta 2 update for iPhone has been rolled out to beta testers by Apple. It builds upon the first developer beta which was rolled out last week, alongside the iOS 18 Developer Beta 2. While it does not offer many new features, the update is said to improve overall performance and enhance stability.

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Realme GT 6 Launch Date Set for July 9; Rear Camera Module Design Teased

Realme GT 6 is set to be unveiled in China later this month. The company has previously revealed the front panel design of the upcoming handset and teased some of its key features. Now Realme has announced the launch date of the phone and teased the design of the rear camera module in the poster.

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Car sales lose pace in June, SUVs stay in front

Passenger vehicle sales in India remained sluggish for the third consecutive month in June due to a high base and reduced post-pandemic pent-up demand. Sales rose 3.7% from a year earlier but slightly declined from May, with 340,784 units sold compared to 328,710 last year. SUVs comprised 53% of sales.

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Toyota records highest-ever monthly sales in June at 27,474 units

Toyota Kirloskar Motor achieved its best-ever monthly sales in June 2024, with 27,474 units, marking a 40% increase from June 2023. Domestic sales were 25,752 units, while exports reached 1,722 units. The sales surge was driven by strong demand for SUVs and MPVs and strategic expansion into rural markets.

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