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6 January, 2023•1 min
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6 January, 2023•1 min
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Ola Electric’s cash position looks worrying
Its business in a rut, the Bhavish Aggarwal-led firm has burnt through over Rs 1,000 crore in the first six months of the current fiscal. A fundraise is now critical.
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Business
Ola Electric’s cash position looks worrying
Its business in a rut, the Bhavish Aggarwal-led firm has burnt through over Rs 1,000 crore in the first six months of the current fiscal. A fundraise is now critical.
Business
Bira shareholders plan an EGM to oust the founder
A management shakeup may be in the works at the beleaguered beer brand, as investors and lenders want to remove founder Ankur Jain and his family from the board.
Business
India Inc reports bleak Q2 results on Tuesday
Losses widen for IndiGo and MobiKwik. Adani Enterprises and Indian Hotels Company see their profit dips.