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Ola Electric board approves ₹1,500 cr fundraising as co scales EV, battery mfg

October 27, 2025

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The New Indian Express Kozhikode

OLA Electric Mobility Limited has announced a major fundraising plan, with its Board of Directors approving a proposal to raise up to ₹1,500 crore.

- ENS ECONOMIC BUREAU @NewDelhi

The decision was taken during a board meeting held on Saturday.

In a regulatory filing on Saturday, the electric vehicle maker stated that the funds may be raised through the issuance of equity shares, convertible securities, warrants, American Depositary Receipts (ADRs), Global Depositary Receipts (GDRs), or other permissible instruments.

المزيد من القصص من The New Indian Express Kozhikode

The New Indian Express Kozhikode

The New Indian Express Kozhikode

How share buyback amount is taxed

Payment made by a company to buy back shares is deemed as ‘dividend income’ in the hands of shareholders

time to read

2 mins

October 27, 2025

The New Indian Express Kozhikode

Meghalaya statistician in Stanford’s top 2% scientists list for 5th yr in a row

WITH barely three months left for his retirement, a statistics teacher at St Anthony’s College in Meghalaya’s Shillong, Sanku Dey, is topping off his career by securing a place on Stanford University’s list of the top 2% of scientists in the world for the fifth year in a row.

time to read

1 mins

October 27, 2025

The New Indian Express Kozhikode

CDS on six-day Indonesia visit to deepen security ties

TO further bolster ties between the two nations, Chief of Defence Staff (CDS) General Anil Chauhan reached Indonesia on Sunday for an official visit.

time to read

1 mins

October 27, 2025

The New Indian Express Kozhikode

PRECIOUS METALS ENTER UNSURE PHASE POST-RALLY

OLD and silver prices defied expectations, hitting record highs earlier this month.

time to read

1 mins

October 27, 2025

The New Indian Express Kozhikode

Madrid edge Barcelona in Clasico to extend Liga lead

JUDE Bellingham’s goal proved to be pivotal as Real Madrid won the Clasico against Cata-Jan rivals Barcelona in the La Liga on Sunday.

time to read

1 min

October 27, 2025

The New Indian Express Kozhikode

WHY RETIREMENT CORPUS IDEAS NEED REVIEW

THIS Diwali, for most people in their 50s, the conversation centred around retirement. The moot point of discussion was ‘how much is enough’ to retire. It is a topic of discussion among the upper-middle-class and middle-class people.

time to read

2 mins

October 27, 2025

The New Indian Express Kozhikode

Tribal groups rubbish govt's 'extreme poverty-free' claim

EVEN as the state government is gearing up to declare Kerala 'extreme poverty-free', majority of tribals are “continuing their struggles against hunger, unemployment and landlessness”.

time to read

1 min

October 27, 2025

The New Indian Express Kozhikode

Parties reach out to Chhath returnees

Migrants expected to boost voter turnout

time to read

2 mins

October 27, 2025

The New Indian Express Kozhikode

'Emirates NBD deal is not a sale, it is infusion of fresh equity capital'

RBL Bank, one of the first Indian banks to operate without a promoter entity, made a history last week by announcing the largest-ever foreign direct investment (FDI) in the domestic banking sector.

time to read

2 mins

October 27, 2025

The New Indian Express Kozhikode

Fed rate, US tariffs to dictate mkt move

DOMESTIC equities are set to take cues this week from the US Federal Reserve's upcoming interest rate decision and progress on the India-US trade agreement.

time to read

1 mins

October 27, 2025

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