The Ola cabin aggregator was eyeing a public offering in early 2022 in an effort to raise at least $ 1.5-2 billion in the assessment of $ 12-14 billion, a report in the economic time. Bengaluru-based startup will raise half of the capital through the main problem and the rest […]
Author: Lawrence
Exclusive | L&T Finance Holdings in advanced talks with HSBC to sell MF arm: Sources
HSBC is in advanced and exclusive conversations with L & T Finance Holdings to buy your mutual background arm. The sale of L & T Mutual Fund has been in the works for a while, people with direct knowledge of development told MoneyControl. Previously, the Blackstone Private Capital Firm sought […]
Watch: Made in India Swift, Renault Duster fail miserably in this crash test
Swift hatchback, one among Maruti Suzuki’s hottest cars, and therefore the recently launched Duster SUV from the French auto giant Renault have failed during a recent crash test conducted by Latin NCAP, the South American associate of the worldwide NCAP. Both Swift and Duster crash tests were conducted under the […]
Ola Electric in talks to secure up to $1 billion from investors
Ola Electric Mobility, the two-wheeler maker controlled by Bhaavish Aggarwal, is in talks to boost the maximum amount as $1 billion from strategic and financial investors, two people conscious of the matter said. The company has hired investment bank JP Morgan, which has reached bent several large private equity funds […]