Ola’s losses widen to Rs 1,522 crore in FY22; EV arm Ola Electric’s losses rise manifold
ANI Technologies which runs Ola has reported losses of Rs 1,522 crore on a consolidated basis for the year ended March 31, 2022, recording a […]
Day: August 10, 2023
Sony-Zee merger gets key court approval
The National Company Law Tribunal has allowed the merger of Zee Entertainment and Culver Max Entertainment, clearing the way for the creation of India’s biggest […]
Once worth $47 billion, WeWork shares near zero after bankruptcy warning
Shares of SoftBank-backed WeWork closed 38.5% lower at 12 cents on 8 September, which brought its valuation down to roughly $260m. The ongoing problems for […]
WeWork’s ‘substantial doubt’ about its future marks a stunning fall
WeWork, the once-prized co-working start-up founded in 2010 by Adam Neumann and Miguel McKelvey that was valued at $47bn in 2019, has said there is […]
Elon Musk’s X fined $350,000 in fight over Trump records
Twitter was fined $350,000 for missing the deadline to comply with a search warrant issued by the US government, according to a court opinion. The […]
GST law changes get Cab nod, bill likely tomorrow
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SIP mop-up in July topped entire year’s figure for FY14
What took a year for SIP mop-up a decade ago, now needs just a month. Systematic investment plan contributions crossed the Rs 15,000-crore mark for […]