Ola Electric to face investor pushback on valuation for upcoming IPO

Ola Electric is planning to use part of the proceeds to help expand the manufacturing capacity of its electric vehicle cell factory to 6.4 gigawatt hours from 5 gigawatt hours. 2 min read Last Updated : Jun 21 2024 | 11:09 PM IST By Julia Fioretti, Anto Antony and Baiju Kalesh Ola Electric […]

NEET retest: 1,563 candidates to appear; NTA, govt official to be present

“While all other examination centres have changed, the one in Chandigarh, where only two candidates will appear, will remain the same,” said the senior NTA official. 2 min read Last Updated : Jun 21 2024 | 11:04 PM IST The NEET-UG retest for 1,563 candidates will be held on Sunday with National Testing Agency […]

Punjab Police conduct statewide operation ‘EAGLE-IV’ against drug hotspots, arrest 254

Punjab Police conducted a massive state-level cordon and search Operation (CASO) named ‘EAGLE-IV’ on Friday, targeting identified drug hotspots across the state, according to an official statement. Over 500 police teams, comprising more than 4,000 personnel, cordoned off 392 drug hotspots, the points of sale of drugs and psychotropic substances, and arrested 254 persons. Additionally, […]

No Afghan ‘Reintegration’ Without Progress On Rights: UN

Restrictions on women’s rights continue to prevent Afghanistan’s “reintegration” into the international community, a senior UN official said Friday, noting the Taliban’s participation in upcoming talks in Doha is not legitimization of the isolated government. Since their 2021 return to power, Taliban authorities have not been formally recognized by any nation and apply a rigorous […]

Vadhavan Port: India’s first mega port set to boost sea-based trade

Premium The total transshipment cargo of India is about 4.6 million TEUs (twenty-foot equivalent units), out of which about 4.2 million TEUs are handled outside India 6 min read Last Updated : Jun 21 2024 | 11:17 PM IST The Indian shoreline, thanks to a geographical quirk, has a long continental shelf. This allows […]

Ireda raises Rs 1,500 crore via bonds, oversubscribed by 2.65 times

1 min read Last Updated : Jun 21 2024 | 11:00 PM IST State-owned Indian Renewable Energy Development Agency (Ireda) on Friday said it has raised Rs 1,500 crore through a bond issue, which was oversubscribed by 2.65 times. The bond issuance, which consisted of a base issue of Rs 500 crore and […]

Rising imports from China powering India’s electronics production

The expansion of India’s electronics production is becoming increasingly dependent on imported components from China and Hong Kong, especially key products such as PCBs, micro assembly, semiconductor devices, LEDs, integrated circuits, and capacitors. Despite India slamming the door shut on Chinese component companies in response to the border clashes with Chinese troops at […]