Business Economy


Zoomcar opens fulfillment center in Chennai, eyes 100 centers by year-end

New Delhi, Aug 9 (UNI) Zoomcar, online marketplace for self-drive car sharing, on Friday said that it has opened its first fulfillment center in Chennai with plans to add 100 more centres by the end of 2024.
"These fulfillment centers are operated by 3rd party service providers who are verified, trained and guided by Zoomcar," the company said in a media release.
Cars managed through the fulfillment center are tagged as "Assured by Zoomcar" on the Zoomcar app, offering guests booking options with 24/7 pick-up and drop-off.
Zoomcar said that its pilot in Chennai has shown promising results.
Hiroshi Nishijima, CEO of Zoomcar, said: “Since 2013 we’ve been the largest platform for self drive cars in India and we are obsessed with providing assured bookings to our guests."
Zoomcar previously operated on a car ownership business model before it turned to a marketplace.
Founded in 2013 and headquartered in Bengaluru, Zoomcar is one of the leading marketplaces for car sharing focused in India. The Zoomcar community connects hosts with guests, who choose from a selection of cars for use at affordable prices.
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Rupee depreciates by 39 paise to end at 1-mn-low of 86 07 against USD

22 May 2025 | 5:25 PM

Mumbai, May 22 (UNI) Extending losses for the third straight session on Thursday, the rupee dropped by 39 paise to close negative at 86.07 against US Dollar, a one-month-low, on brisk demand for the greenback from foreign bankers and importers, dealers at the Forex Market said.

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MSME Commercial Credit Portfolio grew 13 percent YoY

22 May 2025 | 4:36 PM

Kolkata, May 22 (UNI) The commercial credit portfolio for India’s Micro, Small and Medium Enterprises (MSME) sector grew at 13 percent year-over-year (YoY) as the overall credit exposure increased to Rs 35.2 lakh crore as of March 31, 2025.

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Sensex plunges 644 64 pts

Sensex plunges 644 64 pts

22 May 2025 | 4:34 PM

Mumbai, May 22 (UNI) Erasing previous day's gains, the BSE Sensex on Thursday tanked 644.64 pts to settle below 81K level to 80,951.99 on weak global cues. Investors across the globe were hit by growing concerns about the US economy.

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Le Wagon launches first coding bootcamp in India

22 May 2025 | 4:07 PM

Bengaluru, May 22 (UNI) Le Wagon, a globally renowned coding bootcamp, marked its entry into India with the launch of its first campus in Bengaluru. With a presence in over 40 cities and a growing alumni base of more than 30,000, Le Wagon is known for delivering intensive, hands-on tech education tailored for aspiring developers, entrepreneurs, and career changers.

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