EV maker Greaves Electric Mobility gets Sebi nod for IPOGreaves Electric Mobility has received Sebi approval for its IPO, comprising a ₹1,000 crore fresh issue and an OFS of 18.9 crore shares. Pr...
SoftBank Group seen booking modest fourth quarter loss as Vision Fund suffersNew venture capital investment concentrated in large established players over the quarter, while investment in earlier stage firms - such a...
Wiz’s $32 billion win signals return of tech startup acquisitionsStartup acquisitions have surged thos year, with 11 sales over $1 billion totalling $54.5 billion, surpassing previous records. Key deals i...
Greaves Electric Mobility files DRHP with SEBI for IPOGreaves Electric Mobility files DRHP for IPO, raising Rs 1,000 crore. Proceeds will fund product development, battery assembly, and expansi...
EV maker Greaves Electric Mobility files IPO papers with Sebi; aims to raise Rs 1,000 croreAccording to the draft papers, the IPO consists of a fresh issue of equity shares valued at Rs 1,000 crore, along with an Offer for Sale (O...
Can Ola Electric become the Maruti Suzuki of electric two-wheelers?Ola Electric, led by Bhavish Aggarwal, leads the e2W market with a 48% share in Q1 FY25, selling 74,068 units. Despite preparing for an IPO...
Nissan will invest in Renault's Ampere in pursuit of global EV roadmap: CEONissan, in December, had confirmed it would invest 600 million euros ($650 million) in Renault's EV business Ampere, listing plans for whic...
Industry pain abounds as electric car demand hits slowdownInvestment in capacity and technology development has outrun actual EV demand, boosting pressure on companies to cut costs.
Renault sets out targets for EV unit, says won't sell it cheapThe group set out financial targets for the unit, including an expected break-even in 2025 and an operating margin of at least 10% from 203...
Renault CEO sees Ampere IPO valuation of up to 10 billion euros: Media sourcesOn Monday De Meo told Reuters TV that Renault was still planning to list Ampere in spring 2024, but cautioned that market conditions would ...
Soaring debut! This SME IPO tripled investors' wealth on listing dayNet proceeds from the issue are proposed to be utilised towards working capital requirements, general corporate purposes and issue related ...
Return subsidy or face legal action, govt tells EV makers; Bob Iger spell yet to work at DisneyThe government sent recovery notices totalling Rs 469 crore earlier this fiscal year to seven companies — Hero Electric, Okinawa Autotech, ...
Renault CEO says free float of future electric unit will be less than 10%Renault's CEO, Luca De Meo, said that a significant portion of the French car manufacturer's future electric vehicle unit, Ampere, could be...
Sony to buy 'Destiny' videogame developer Bungie in $3.6 billion dealBungie will join Sony's PlayStation family, the US company said in a blog post, as the Japanese conglomerate strengthens its network of in-...
Billionaire Anil Agarwal’s Sterlite Power hires banks for $403 mn IPOThe electricity transmission infrastructure firm, part of Agarwal’s Vedanta group, has selected Axis Bank Ltd., ICICI Securities Ltd. and J...
- PE investors eye captive power cos
The widening demand-supply gap in power generation is turning out to be a ‘blessing in disguise’ for India’s leading captive power and dies...
- Pvt equity firms queue up for power equipment cos
The power equipment sector seems to be latest attraction for private equity (PE) investors.