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Ahead of Market: 10 things that will decide stock market action on ThursdayIndian equities lost momentum after a positive start, with Nifty closing lower and broader markets declining sharply. Investor caution ahea...- MUFG’s new India fund; District goes sportingHappy Tuesday! Japan’s MUFG is doubling down on India just as a new wave of investors moves into the country’s startup market. This and mor...
- Ola Electric shares fall nearly 4% as firm launches QIP to raise funds. Check floor price, other detailsOla Electric's shares dipped 3.5% after approving a qualified institutional placement (QIP) with a floor price of Rs 37.74 per equity share...
- Ola Electric opens QIP, sets floor price at Rs 37.74/shareOla Electric Mobility has approved its qualified institutional placement (QIP), setting a floor price of ₹37.74 per equity share. This fund...
- Ahead of Market: 10 things that will decide stock market action on ThursdayDomestic equities surged as crude oil slipped below $100 and US-India trade optimism boosted sentiment. Nifty and Sensex gained over 1%, le...
- Valuation reset drives mutual fund inflows into listed new-age firms amid FPI selloffMutual funds increased their stakes in new-age companies during the March quarter, despite falling share prices and overall portfolio value...
- Thane consumer commission orders Ola Electric to replace defective scooter or issue refundA consumer commission in Thane has ordered Ola Electric to replace a faulty electric scooter or provide a full refund. The company faced cr...
- What is embedded insurance?Embedded insurance is the integration of insurance products directly into the purchase process of other goods or services.
- Ola to shutter Avail Finance app, integrate it with Ola MoneyRide-hailing firm Ola acquired Avail Finance, founded by Ola founder Bhavish Aggarwal's brother Ankush Aggarwal, for about $50 million in A...
- Ola eyes NBFC acquisition to expand financial services businessOla already offers its Buy Now, Pay Later product - Ola Postpaid that is available to over 40 million customers and is projected to grow to...
- Ola plans IPO in first half of 2022, readies 'super app'Ola is also gearing up to create something of a "super app" with plans to broaden its services beyond mobility to include personal finance ...
- Ola to invest up to Rs 786 crore in Ola Financial ServicesOla Financial Services is expanding its suite of products by launching new lending offerings in the form of two-wheeler, four-wheeler, and ...
- Ola Financial Services to expand insurance business internationallyOla reported its first operating profit of Rs 89.82 crore for 2020-21 on a standalone basis (ride hailing business), while revenue declined...
- Ola moves financial unit out of parent ANI TechnologiesOla aims to raise capital separately for the independent entity and will pit it directly against larger rivals like Paytm, Google Pay, Phon...
- Uber announces launch of rider insurance at no extra cost to ridersThe insurance will provide covers for physical injury as a result of accidents while on trip with Uber, from the point the rider enters the...
- Ola sells 2 cr in-trip micro-insurance policies per monthThe in-trip insurance services, launched in April 2018, saw acceptance from all age groups, the company said.
- Ola to offer in-trip insurance to ridersOla has partnered with Acko General Insurance and ICICI Lombard General Insurance to launch the program across over 110 cities in the count...
- Ola launches benefit plan for auto driversOla's in-trip insurance programme Chalo Befikar' (Move tension-free) for auto driver partners provides a cover of Rs 5,00,000 at zero-cost ...
- Ola brings comprehensive insurance program for driver partnersOla, which competes with US-based rival Uber in the Indian market, said its insurance programme has been customised after receiving feedbac...
- Ola ties up with Bajaj Allianz General Insurance to provide motor insurance to driversIt will not only provide a cover for accidents, but will also insure theft of vehicles as well as damage, in addition to a personal acciden...
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