Bhavish Aggarwal sells 0.6% in Ola Electric at over 50% discount to IPO price
The sale comes as Ola Electric’s stock has lost more than three-fourths of its value from its post-listing high of ₹146.38 and is currently trading at ₹34.48, well below its IPO price of ₹76.
Roadmap for ethanol blending beyond 20% necessary to address concerns about existing investments, overcapacity: ISMA Chief
With respect to SAF, the ISMA added that India had the inherent advantage of having sugar in surplus, and Indian sugarcane has the “lowest” carbon emission index in the world.
Top Stories | Rupee hits 91/$, Insurance Bill opens sector to 100% FDI, Zepto IPO buzz, Trump sues BBC, and more
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Insurance Amendment Bill ‘near-perfect’, say insurers; LIC, private players welcome capital push and distribution clarity
Industry leaders say the Insurance Amendment Bill strikes a rare Industry leaders from LIC and private insurers say the Insurance Amendment Bill strikes a rare balance between liberalising capital and investments while protecting the agency-driven distribution model, setting the stage for faster insurance penetration ahead of the 2047 coverage goal.
SHANTI Bill opens nuclear sector, but foreign investment will hinge on power pricing and costs: Experts
India’s proposed overhaul of nuclear laws could bring private and overseas players into the sector after decades, but experts warn that liability reform alone will not be enough unless power tariffs and project costs are aligned with domestic market realities.
Spacetech Startup Digantara Raises $50 Mn For Global Expansion
Bengaluru-based spacetech startup Digantara has raised $50 Mn (about INR 454.4 Cr) in its Series B round to expand its…
BLS E-Services enters mutual fund market through partnership with ACMIIL
BLS E-Services partners with Asit C Mehta Investment Interrmediates to expand mutual fund access across India, targeting Tier 2 to 4 towns and rural areas via a phygital model.
[Update] Zaggle Raises INR 15 Cr, Sets Up Subsidiary In GIFT City
Update | December 16, 16:58 IST Fintech SaaS major Zaggle has raised about INR 15 Cr from Times Group parent…
Flipkart Gets NCLT Nod for Reverse Flip to India Ahead of IPO
Flipkart has received NCLT approval to shift its domicile back to India from Singapore ahead of its planned IPO. The move is subject to final approvals in Singapore. The post Flipkart Gets NCLT Nod for Reverse Flip to India Ahead of IPO appeared first on MEDIANAMA.
Kuku FM Ropes In Investment Bankers For $200 Mn IPO: Report
Amid the ongoing Indian startup IPO boom, audio OTT soonicorn Kuku FM is now said to be bracing for a…