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OLA ELECTRIC BOARD APPROVAL
Two-wheeler maker Ola Electric fixes Rs 1,000 crore rights issue at Rs 27 per shareThe company’s board approved the terms on Wednesday, a week after it had announced plans to raise up to Rs 1,000 crore through a rights iss...
Ola Electric board approves rights issue at 26% discount; shareholders to pay in two callsOla Electric has announced a rights issue price of Rs 27 per share, significantly below its market value, aiming to garner up to Rs 1,000 c...
Indian Coast Guard recruitment 2026: Check how to apply, eligibility, vacancies, selection process and salarySSC has opened applications for 365 Indian Coast Guard posts, with eligible male and female Indian citizens able to apply online from Octob...
Tata Sons mulling legal view on Trusts offer, not seen as a Trusts resolution to be consideredTata Sons board has not yet formally met to consider the restructuring proposal from Tata Trusts. The proposal aims to avoid the mandatory ...
Trev plans 2,500-vehicle premium EV fleet by 2031, raising $2 millionAiming to elevate its electric vehicle fleet from 105 to 300 by the close of the financial year, Trev Mobility is in the process of raising...
PTC shares soar nearly 34% after Schneider Electric agrees to $22.6 billion buyoutIn a strategic move, Schneider Electric has agreed to acquire PTC for $22.6 billion in cash. The acquisition reflects ongoing shifts in the...
Ola Electric defers board meeting on Rs 1,000 crore rights issueThe company had said in a separate filing on Sunday that CEO Bhavish Aggarwal pledged a 4.32% stake in the company to participate in the ri...
IPO Ahead! Electrical products maker Biocon Electric files draft papers with SebiBiocon Electric has filed DRHP with Sebi for a Rs 59 lakh-share IPO, comprising a fresh issue and OFS. The company plans to use fresh proce...
Menlo Ventures on AI slowdown; Ola Electric CEO pledges stakeHappy Monday! Menlo Ventures, an early Anthropic backer, says the real AI constraint is compute, not a slowdown in frontier models. This an...
Ola Electric promoter Bhavish Aggarwal pledges 4.32% stake to fund rights issueLast week, Ola Electric’s board approved a rights issue of partly paid-up equity shares to raise up to Rs 1,000 crore. The board is yet to ...
Investors’ bets on Ola shrink as EV, ride-hailing businesses lose groundAs competition intensifies, SoftBank Group and fellow investors in Ola are grappling with a substantial reduction in their holdings' valuat...
Who is Anup Kumar Saha, Kotak Mahindra Bank’s new CEO?Anup Kumar Saha has been appointed as the next Managing Director and CEO of Kotak Mahindra Bank. His term will commence on January 1, 2027,...
Kotak Mahindra Bank gets RBI nod to appoint Anup Saha as MD & CEOAnup Kumar Saha has been appointed by the Reserve Bank of India as managing director and CEO of Kotak Mahindra Bank. His three-year term wi...
Electric two-wheeler sales cross 15 lakh in just nine months as adoption rocketsE2W registrations rose 7.7% month-on-month to 1.97 lakh units in September, taking cumulative registrations in January-September to 15.61 l...
Piyush Goyal to headline ET Startup Awards; The Souled Store eyes fundraiseHappy Tuesday! Meet our distinguished guest of honour for The Economic Times Startup Awards 2026. This and more in today’s ETtech Morning D...
Ola Electric board approves Rs 1,000 crore fundraise via rights issueThe issue will be offered to eligible shareholders as of a record date, which will be announced later, the filing said. The board is yet to...
Ola Electric shares tumble 9% after 17% rally in 4 days. Why brokerages remain cautiousOla Electric shares fell sharply on Friday, snapping a four-day winning streak as investors assessed the EV maker’s proposed rights issue a...
Ola Electric shares up 88% from record low: What’s behind the gains?Shares of Ola Electric surged by 2.5% after a streak of five days of increases, yet they remain below previous peaks. The company has earne...
Ola Electric to consider rights issue as it looks to raise fresh capitalThe proposed fundraise, which will be subject to regulatory and statutory approvals, comes weeks after the company’s board okayed plans to ...
Ola Electric shares soar 10%, stock rallies 86% in 6 months. More upside ahead?Ola Electric shares surged nearly 10%, extending their three-session rally and gaining over 86% in six months from the March low. Brokerage...