Electric commercial vehicle startup Euler Motors raises Rs 638 crore in Series D round

Delhi-based Euler Motors, an electric commercial vehicle startup, has raised Rs 638 crore in its Series D round, the company said in a statement today, May 19. The fresh round was led by Hero MotoCorp, the world’s largest motorcycle and scooter manufacturer. British International Investment (BII), the UK government’s development finance arm also participated in…

Mexico mourns killed Navy cadets

Vanessa Buschschlüter BBC News MARCO ANTONIO PEREZ/AFP via Getty Images) Mexicans are mourning the death of two young Navy cadets who were killed on Saturday when the training tall ship ARM Cuauhtémoc crashed into Brooklyn Bridge. América Sánchez, 20, and 23-year-old Adal Jair Maldonado Marcos were among the 277 crew members on board the Mexican…

Heavy rains forecast for western TN districts today and tomorrow

Chennai, May 19 (IANS) The Regional Meteorological Centre (RMC) in Chennai has forecast heavy rainfall at isolated locations across several districts in western Tamil Nadu over the next two days. According to the latest bulletin, districts including Nilgiris, Coimbatore, Tiruppur, Theni, Dindigul, Erode, Krishnagiri, and Dharmapuri are likely to receive heavy downpours on Monday and…

Navratna PSU set to report Q4 results today; here’s what investors can expect

Navratna PSU Bharat Electronics Ltd (BEL) Q4 FY25 Results Preview: Bengaluru-headquartered Bharat Electronics Ltd (BEL), a Navratna public sector undertaking (PSU), is set to report its financial results on Monday, May 19. Analysts expect BEL, a manufacturer and supplier of electronic equipment and systems, to stage an overall weak financial performance for the final three months…

Arrested ex-UCO Bank chief got illegal gratification in loan fraud case, says ED

Kolkata, May 19 (IANS) Subodh Kumar Goel, the former chairman and managing director (CMD) of Kolkata-headquartered public sector commercial bank, UCO Bank, who was arrested by Enforcement Directorate (ED) last week, received “illegal gratification” from a corporate entity which was the principal beneficiary in a bank loan forgery case. The ED issued a statement on…

When Pol Pot Read a Book on Marx

Recent polling reveals a startling development: one in four young people has a positive view of communism as an economic system.  One in four is, by chance, around the same percentage of Cambodians who were murdered by the Khmer Rouge government’s policies of political torture, arbitrary execution, forced labor, mass resettlement, and brutal, intentional starvation…