Search Results for: IT sector

Key investors move NCLT against Byju's rights issue, firm says yet to get any petition

Byju's Cleared of Financial Fraud But Governance Lapses Found

In a significant development, the Indian government has concluded a year-long investigation into the financial operations of Byju's, the embattled edtech firm. The probe, led by the Ministry of Corporate Affairs (MCA), found no evidence of financial fraud or manipulation of accounts. Jun 26, 2024
Ola Electric captures over 52 pc market share in EV 2-wheeler segment in April

Ola Electric's IPO To Be A Game-Changer For India's EV Industry

In a significant development for India's electric vehicle (EV) industry, Ola Electric, under the leadership of Bhavish Aggarwal, has secured approval from the Securities and Exchange Board of India (SEBI) for its initial public offering (IPO). This event, which transpired on June 20, 2024, is a milestone as it represents the first IPO by an EV startup in India. Jun 20, 2024
Combat Helicopter,HAL,

India Boosts Defence Self-Reliance with Major Helicopter Procurement

In a significant stride towards self-reliance in defence manufacturing, Hindustan Aeronautics Ltd (HAL) has received a request for proposal (RFP) from the Ministry of Defence for the procurement of 156 light combat helicopters (LCH). This move is a testament to the 'Make in India' initiative and the vision of Defence Minister Rajnath Singh towards achieving self-reliance in defence manufacturing. Jun 18, 2024
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