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Reliance, Rajesh Exports, Ola Seek Penalty Waiver
May 15, 2025
|Financial Express Lucknow
The entire supply chain is affected by delays from China
FACING CONTINUED SUPPLY chain disruptions, Ola Electric Mobility (20 GWh), Rajesh Exports (5 GWh), and Reliance New Energy (5 GWh), who are the beneficiaries of the government's production-linked incentive (PLI) scheme for advanced chemistry cells (ACC), have requested an extension of the deadline to set up their manufacturing units.
The three companies have also asked the government not to impose penalties for their failure to meet the original implementation timelines under the scheme.
هذه القصة من طبعة May 15, 2025 من Financial Express Lucknow.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
المزيد من القصص من Financial Express Lucknow
Financial Express Lucknow
Balaji Wafers sells ₹2,500-cr stake
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1 min
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RBI conducts $2-billion-plus foreign exchange swaps to blunt intervention hit
THE RESERVE BANK of India has conducted more than $2 billion in foreign exchange (Fx) swaps over the last two days to offset the drain in liquidity caused by spot dollar sales, bankers said, suggesting a focus on containing currency pressures without exacerbating banking liquidity tightness.
1 min
January 23, 2026
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IF TESLA WERE TO MAKE THE MOST OF ITS IMMENSE BRAND POWER IT HAS TO WORK ON NETWORK EXPANSION IN THE COUNTRY AND LOCAL ASSEMBLY TO REDUCE PRICES
3 mins
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Vi hikes family postpaid tariffs
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2 mins
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Rupee breaks six-day losing streak, rises 7p to 91.63
THE RUPEE BROKE its six-day declining streak by staging a mild recovery on Thursday, sup- ported by an improvement in risk appetite after US President Donald Trump stepped back from tariff threats against Europe linked to Greenland. The currency gained 7 paise to close at 91.63.
1 min
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Financial Express Lucknow
PhonePe IPO: Walmart to sell ₹9,173-cr stake
Walmart’s weighted average cost of acquisition is ₹1,996.8 a piece, making these shares worth around ₹9,173 crore.
1 mins
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From $4 trn to a jobs economy
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4 mins
January 23, 2026
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Air India loss in FY26 may cross ₹15K cr
FROM THE FRONT PAGE
1 min
January 23, 2026
Financial Express Lucknow
Air India loss in FY26 may cross ₹15,000 cr
AIR INDIA IS set to report a record annual loss after last year’s deadly crash and airspace shutdowns wiped out progress towards a turn around, according to people familiar with the matter.
1 min
January 23, 2026
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