Ola raises Rs 400 cr for electric mobility business

Ola raises Rs 400 cr for electric mobility business

Bengaluru : Leading ride-hailing cab aggregator Ola on Friday said it raised Rs 400 crore from its early investors, including Tiger Global and Matrix India, to fund its electric mobility business. “The Rs 400 crore fund from the first round of investment will be...
Investors bullish about Indian housing market (Realty Notes)

Investors bullish about Indian housing market (Realty Notes)

By Ankit Kansal, India’s housing sector has always been a favorite amongst domestic investors. As an asset, housing has enjoyed high capital growth backed by high demand in major Indian cities. Besides, easy leverage and recurring rental income further piqued...
Sensex falls as investors turn focus on assembly polls

Sensex falls as investors turn focus on assembly polls

Mumbai : Investors deferred equity purchases on Friday, shrugging off a rebound in the rupee and a decline in global crude oil prices, as they turned their focus on key assembly elections for cues. As a result, key equity indices ended slightly lower after a...
Nowhera Shaik arrested for allegedly duping investors

Nowhera Shaik arrested for allegedly duping investors

Hyderabad : Hyderabad police on Tuesday arrested leading entrepreneur-politician Nowhera Shaik on charges of allegedly cheating the investors. Nowhera, Managing Director of Heera Group of Companies, was arrested in New Delhi and brought to Hyderabad on a transit...