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‘Gen AI is a friend, not a foe’...is Infosys founder NR Narayana Murthy’s message to critics of the modern technology

Economic TimesEconomic Times · 1y ago
‘Gen AI is a friend, not a foe’...is Infosys founder NR Narayana Murthy’s message to critics of the modern technology
Medial

Infosys founder NR Narayana Murthy and co-founder S 'Kris' Gopalakrishnan discuss the potential of generative artificial intelligence (Gen AI) in improving productivity and solving problems. They believe that technology, when used appropriately, can be a friend rather than a foe. They highlight the benefits of technology adoption in various sectors, but also acknowledge the rise of criminal activities associated with it. Murthy emphasizes the need for an open environment of meritocracy and the inclusion of youth in decision making. He also discusses the importance of fair leadership and learning from competitors. Murthy believes that India can compete with China by providing a hassle-free business environment for entrepreneurs and promoting economic growth.

TVS maintains lead in 2W EV sales in July; Ather narrows gap with Ola Electric

EntrackrEntrackr · 5d ago
TVS maintains lead in 2W EV sales in July; Ather narrows gap with Ola Electric
Medial

TVS Motor retained its position as the market leader in the electric two-wheeler (E2W) segment in July, despite a month-on-month decline in overall market volumes. According to Vahan data, TVS registered 22,225 units during the month, securing a 21.6% market share. However, this marked a 12.73% decline from June, when the e-two wheel leader recorded 25,468 unit registrations. Bajaj maintained its second position with a 19.10% market share in July, with sales of 19,650 electric two-wheelers. This reflects a sharp month-on-month decline of 15.16% compared to 23,161 units sold in June. After leading the market in 2023 and 2024, Ola Electric’s dominance continues to wane. Its market share dropped sharply to 17.35% in July 2025 from 38.83% a year ago. The Bhavish Aggarwal-led company recorded 17,848 units during the month, a steep 57.29% year-on-year decline from 41,802 units sold in July 2024. A sharp drop in month-on-month volumes and users' complaints have erased over 45% of Ola Electric’s market cap from Rs 33,521 crore ($3.95 billion) to Rs 18,190.2 crore ($2.14 billion). The stock now trades at around Rs 41.2, down nearly 45% from its listing price of Rs 76. It had touched an all-time high of Rs 157.4 just after listing. Ather Energy retained the fourth position with a market share of 15.78%, registering 16,231 units in July 2025. This reflects a 10.59% month-on-month growth compared to 14,677 units recorded in June. Ather, which became the second EV startup after Ola to be listed on the stock exchange, is currently trading at Rs 353.75, up from Rs 328 at the time of listing. Hero MotoCorp held the fifth position in July with a market share of 10.20%, registering 10,489 units. The company recorded a strong month-on-month growth of 36.27%, indicating growing demand for its electric two-wheelers. Greaves Electric Mobility held the sixth position in July with a 4.08% market share. IPO-bound Pure EV followed in seventh place with a 1.64% share, recording an 18.12% month-on-month growth. River Mobility and Kinetic Green also posted strong month-on-month growth of 20.4% and 59.92%, respectively. Notably, Kinetic Green broke into the top 10 electric two-wheeler makers in July.

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