Ola, the Indian ride-hailing giant, has once again seen its valuation slashed by one of its key investors, Vanguard, the U.S.-based asset management firm. According to a recent regulatory filing, …
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Ola Electric has been issued a show cause notice over alleged violations of consumer rights, leading to a more than 6% drop in its stock value.
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Ola Electric has recently informed stock exchanges that it has received a Show Cause Notice from the Central Consumer Protection Authority (CCPA) for alleged violations of consumer rights, misleading advertisements, …
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Supporters within the EU for imposing tariffs on Chinese electric vehicles face the highest risk of retaliation.
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The European Union’s decision to impose tariffs on Chinese electric vehicles has drawn considerable attention to how and when Beijing may retaliate, escalating the bloc’s most significant trade dispute with …
The Securities and Exchange Board of India (SEBI) has recently given the green light for Hyundai Motor India’s ₹25,000 crore IPO, which has generated significant excitement and speculation about the …
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Samvardhana Motherson International is set to acquire an 11% stake in Israel-based REE Automotive for $15 million.
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Samvardhana Motherson International Ltd (SAMIL) has announced a strategic investment in Israel’s REE Automotive Ltd, marking a significant move in the electric vehicle (EV) technology space. The acquisition involves SAMIL …
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Breaking: Ford Set to Return to India for Car Manufacturing, But There’s a Twist
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Ford Set to Return to India: Plans to Restart Manufacturing in Chennai for Exports Ford Motor Company has taken a significant step towards resuming its manufacturing operations in India by …
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Unsold inventory of passenger vehicles has increased to 7.8 lakh units, according to the Federation of Automobile Dealers Associations (FADA).
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Unsold Inventory of Passenger Vehicles Reaches Critical Levels Amid Dealer Concerns Passenger vehicle (PV) manufacturers have been increasing their dispatches to dealerships on a month-to-month basis, despite earlier promises to …
The electric vehicle (EV) market in India is on the brink of a major transformation. With the government’s ambitious targets for EV adoption, favorable policies, and growing consumer interest, the …
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Ather Energy is set to file for an initial public offering (IPO) valued at ₹4,000 crore, aiming for a valuation of $2 billion.
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Hero MotoCorp-backed Ather Energy is setting its sights on a substantial valuation of between $2 billion and $2.25 billion (approximately ₹16,800 crore to ₹19,000 crore) as it prepares to file …
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Tata Motors sets record date of Sep 1 for DVR conversion, share Issuance
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Tata Motors Sets Record Date for DVR Conversion, Share Capital Reduction Scheme Tata Motors has fixed September 1, 2024 as the record date for the conversion of shares with differential voting …