Ola Electric Aims To Build ‘World’s Largest Electric Vehicle Ecosystem At One Site’
Ola Electric’s CEO Bhavish Aggarwal has outlined an ambitious plan to build the ‘World’s Largest Electric Vehicle Ecosystem At One Site’. The plan will be executed in the Future Factory of Ola in Tamil Nadu. Ola decided to manufacture two-wheeler electric vehicles, including scooters & motorcycles, cars, and batteries to be used in electric vehicles….
Goodfellows ━ A Startup By Ratan Tata For Senior Citizens
Industrialist Ratan Tata announced on Tuesday to invest in the companionship startup ‘Goodfellows’ for senior citizens. It would be the first Indian startup that aims to encourage intergenerational friendship. At the launch of Goodfellows, Ratan Tata said, “You do not know what it is like to be lonely until you spend time alone wishing for…
KKR To Sell Entire 25% Stake In Max Healthcare, To Raise 9,000 Cr.
US Private equity major KKR, Kohlberg Kravis Roberts & Co., will sell its entire 25% holdings in the hospital chain Max Healthcare and is likely to raise Rs. 9,000 crores from the deal. KKR is an American global Investment company that manages multiple asset classes, such as private equity, real estate, credit, energy and infrastructure….
Trailblazers of Innovation: Top AI Companies In India
The world is developing every minute, and technologies are changing at an unprecedented rate. AI (Artificial Intelligence) is the latest technology and contributes to several industries by improving them. To boost performance and keep your business ahead of the competition, you need help from the best AI companies in India. The following is the list…
Unity Small Finance Bank Names Inderjit Camotra As New MD and CEO
Unity Small Finance Bank Limited announced the appointment of a new managing director and chief executive officer on Friday. The bank names Inderjit Camotra for this significant role. Inderjit Camotra is a senior banker with over 25 years of experience across India’s banking sector. He held various leadership positions at Standard Chartered Bank, ANZ, and…
Edtech Unicorn upGrad Raises $210 Million In Latest Funding
Edtech unicorn, upGrad, has raised $210 million in the latest funding round that has been conducted by prominent investors and family offices, including ETS Global, Bodhi Tree, Singapore’s Kaizen Management Advisors, Bharti Airtel, Narotam Sekhsaria Family Office, Lakshmi Mittal’s Artisan Investments, along with existing investors Temasek, IFC and IFL. upGrad was founded by Ronnie Screwvala…
Tata Motors Is Ready For Expansion With Acquisition Of Ford’s Gujarat Plant
Tata Motors agrees to acquire the Ford Motors Co. plant based in Gujarat. According to Tata Motors’ statement, the Indian automaker will pay 7.26 billion rupees ($92 million) for the deal, which includes land, building, and a vehicle manufacturing plant in Sanand, Gujarat and its machinery and equipment. “With our manufacturing capacity nearing saturation, this…
Government To Push Drone Industry With Expansion Of PLI Scheme
According to recent reports, the government is planning to increase the quantum of the PLI (production-linked incentives) scheme for drones and their components. “The quantum of the current PLI scheme is enough to boost the industry for the next few years, however, by the third year, a higher quantum will be needed as the industry’s…