With fresh Rs 8,000 crore incentive scheme, India hopes to attract EV battery makers
Successful bidders will have to set up advanced chemistry battery plants with an output of 20 gigawatt-hours. In turn, the government will offer them incentives under the PLI scheme for a period of 5 years.
14 November, 2023•1 min
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14 November, 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
Bira shareholders plan an EGM to oust the founder
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Business
India Inc reports bleak Q2 results on Tuesday
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