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…
Z47, Tiger Global Cut Stakes In Ola Electric
Ola Electric, along with Tiger Global, has cut its stake in Z47. This move signals a strategic shift in Ola Electric's investment portfolio and a change in investor sentiment from Tiger Global. The decision to reduce their holdings could be a result of various factors, including a change in the companies' focus or a need to free up capital for other investments. This is a significant development in the startup ecosystem, as it reflects a major investor adjusting its portfolio.