Tag: hero motocorp
ather: Zerodha’s Nikhil Kamath set to join Ather’s cap table
Nikhil Kamath, cofounder of Zerodha, India’s largest stock brokerage firm, is set to join Tiger Global-backed Ather Energy’s cap table with a fresh investment into…
Ather Energy news: Ather Energy raises Rs 900 cr from Hero MotoCorp, GIC through rights issue
India’s Ather Energy has raised Rs 9oo crore ($108.27 million) from its shareholders Hero MotoCorp and Singapore’s GIC through a rights issue, the electric scooter…
Ola Electric: Ola Electric targeting $1.5 billion sales this year, pre-subsidy cut document shows
Indian e-scooter maker Ola Electric expects revenue to quadruple to $1.5 billion this financial year and then double that again in two years, according to…
ola: Ola advances plan for IPO as electric scooters take off in India
Ola Electric Mobility Pvt. is in line for an initial public offering sooner than its founder previously imagined, reflecting the Indian startup’s whirlwind pace of…
Electric Two-Wheeler Sales: Electric two-wheeler monthly sales drop 23% in April; Ola Electric clocks marginal rise
Electric Vehicle (EV) two-wheeler industry took a hit in April as it sold 66,810 scooters, down by about 23% compared to March, according to data…
fame: FAME II subsidies for two EV makers stopped until they submit proof of localisation
The government has stopped processing pending FAME-II subsidy claims of two electric vehicle (EV) makers until these companies submit sufficient evidence to show their compliance…
ABSL Flexi cap mutual fund review: Needs a sharp turnaround; should you stay invested?
ET Wealth collaborates with Value Research to analyse top mutual funds. We examine the key fundamentals of the fund, its portfolio and performance to help…
The promise two big budget numbers hold for the economy
Amid a cascade of numbers in Budget 2023-24, two stand out clearly — 10 and 7. They could well be Indian economy‘s lucky numbers. Though…
Tax Budget: Budget 2023: Tax relief brings a pocket full of buy
With its focus on improving the purchasing power of middleclass households through tax relief for salaried employees, the budget will help spur demand for packaged…