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TVS FUND RAISE
Ola Electric’s QIP boost; AMFI benches Stable MoneyHappy Friday! Ola Electric has raised fresh capital through a QIP. This and more in today's ETtech Morning Dispatch.- Ola Electric raises Rs 780 crore via QIP amid market share, cash burn pressureOla Electric Mobility has secured approximately Rs 780 crore through a qualified institutional placement, aiming to bolster its recovery ef...
- Weakening currency: RBI weighs measures including rate hike to stabilise rupeeThe Reserve Bank of India is exploring multiple options to stabilize the rupee, which recently hit a fresh low. These include a potential i...
- RBI mulls all options, including rate hike, as rupee slumpsThe Reserve Bank of India is exploring all avenues to steady the rupee. Options include raising interest rates and currency swaps. Official...
- CCI okays Blackstone, other investors' proposal to acquire stake in AI firm Neysa NetworksIndia's competition regulator CCI has approved a deal. Blackstone-backed funds and other investors will acquire a stake in Neysa Networks. ...
- TVS Venu, Shruti Lohia-promoted firms to buy minority stakes in Jana Small Finance BankJana Small Finance Bank is raising Rs 728 crore by selling equity shares, with Shruti Lohia's firm set to acquire around 4% and TVS Venu Gr...
- TVS, other investors keen to buy into Jana Small Finance BankJana Small Finance Bank is poised for a significant capital infusion. TVS Venu Group plans to acquire a 10% stake. Several other investors ...
- Ola Electric infuses Rs 2000 crore in EV and cell manufacturingOla Electric Mobility has approved a Rs 2,000 crore investment into its EV and battery manufacturing subsidiaries to boost localisation and...
- Capitalmind Flexi Cap Fund exits RIL and 2 others, hikes stake in Titan Company, MCX and 16 other stocks in AprilCapitalmind Flexi Cap Fund exited Reliance Industries, Bank of Baroda, and L&T Finance in April. The fund also increased stakes in Titan Co...
- Jio Financial, ITC Hotels and Manappuram Finance among stocks bought and sold by mutual funds in AprilMutual funds injected Rs 30,600 crore into Indian equities in April, with significant buying in ICICI Bank, SBI, and Sun Pharma. Key reduct...
- Stocks in news: Airtel, Tata Motors, Dr Reddy's, NTPC, Dixon TechnologiesMarkets faced selling pressure on Tuesday due to weak global cues and macroeconomic concerns, with the Nifty approaching support at 23,150....
- Skyroot Aerospace, KreditBee among latest startups to enter unicorn clubIndia's startup scene is experiencing significant growth. Several new companies have achieved unicorn status, valued at over $1 billion. Sk...
- World Bank's IFC targets $10 billion in annual investments in India by 2030The International Finance Corporation plans to significantly increase its investments in India. By 2030, annual investments are set to reac...
- Lumio eyes Series A round after $4 million seed fundingLumio, a new home entertainment firm, plans to raise more funds. The company, started by ex-Xiaomi and Flipkart staff, already secured $4 m...
- From setbacks to second wind, what next for Ola and Bhavish Aggarwal?Ola Electric is struggling to revive its position after a sharp fall in market share, financial stress and operational challenges. Founder ...
- Tata Sons IPO: After Venu Srinivasan, Tata Trusts Vice Chairman Vijay Singh backs listing of Tata Sons, says reportA Tata Trusts trustee has backed listing Tata Sons via an IPO, aligning with growing support despite the group’s earlier stance to remain u...
- Kay Jay Forgings files draft papers with Sebi for Rs 360-cr IPOAuto components maker Kay Jay Forgings Ltd is set to launch an Initial Public Offering (IPO) aiming to raise Rs 360 crore. The funds will b...
- TVS Capital invests Rs 500 crore in Neo Group at Rs 10,000 crore valuationThis is TVS Capital’s first bet in the wealth management space. The Mumbai-based wealth and asset management company will use the new funds...
- TVS mobility flags off Rs 2,000-crore fund raceTVS Mobility, led by TS Rajam's successors, is seeking to raise Rs 2,000 crore from banks and credit funds. The funds will be used for capi...
- TVS Group's Sundaram Clayton to raise fundsSundaram Clayton, part of the TVS Group and holding company for Venu Srinivasan-owned TVS Motor, said it would be raising funds through pla...
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