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EV maker Omega Seiki Mobility has formed a strategic partnership with Grip Invest for lease financing to retail investors, in a bid to cater to the growing demand of electric vehicles in the last-mile delivery segment. Under the collaboration, Grip Invest, which is a digital platform for facilitating new-age investments, will finance 1,000 Rage+ Rapid e-three-wheelers of the company, with plans to expand to a minimum of 5,000 EVs by the end of the next year, Omega Seiki said. The EV maker claims it has an existing order book of…

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Asian shares rose Friday amid mixed signs for investors such as rising energy prices and COVID-19 restrictions easing in China. Trading was closed in China for the Dragon Boat Festival, a national holiday. Benchmarks in the rest of the region edged higher, cheered by a rally overnight on Wall Street. Market players are closely watching for US non-farm employment data later in the day, as well as a slew of economic data on Japan next week. The OPEC meeting, in which oil-producing nations decided to boost some output, failed to…

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Benchmarks bounced back on Thursday after a two-day fall, with the Sensex jumping 437 points amid heavy buying in index heavyweight Reliance Industries and positive trends from European markets. The 30-share BSE Sensex jumped 436.94 points or 0.79 per cent to settle at 55,818.11. During the day, it gained 510.75 points or 0.92 per cent to 55,891.92. The broader NSE Nifty climbed 105.25 points or 0.64 per cent to finish at 16,628. From the Sensex pack, Reliance Industries, Bajaj Finserv, Sun Pharma, HCL Technologies, TCS, Asian Paints, Infosys and IndusInd…

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