Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
Labour Laws
06/09/20264 min read
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Ola Electric Gets Board Nod to Raise INR 1,500 Cr
Other Legal Matters
Ola Electric Mobility has secured board approval to raise approximately ₹1,500 crore in fresh funds. The capital raise is meant to bolster its manufacturing capacity, battery development and EV infrastructure ambitions. The move underscores the intensifying competition in India’s electric-vehicle market, and the significance of large strategic capital infusions for scaling up operations.
