/
•
•
Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
A reading of the Bhavish Aggarwal-led company’s draft prospectus tells us that the bar for startups to list on the public markets has hit the floor. As a regulator, SEBI cannot afford to look the other way.
Ola Electric Mobility has taken the first step towards a public listing. The company, on 22 December, filed the draft red herring prospectus with market regulator Securities and Exchange Board of India to raise Rs 5,500 crore through a fresh issue of equity shares.
This is a momentous occasion on several counts. Here’s a four-year-old startup, which was spun out of cab-hailing company Ola (ANI Technologies) in 2019, knocking on the door of Dalal Street, a feat that usually takes companies almost twice as much time. It is also the first pure-play electric vehicle maker in India to file for …
The kingdom is moving to tighten the rules around public listings, algorithmic trading, trading in foreign securities and company disclosures—all in an effort to chase transparency.
Thinly traded listed entities have long served as breeding grounds for stock manipulation, hurting investors. The regulator, the NSE and BSE now want to fix things by focusing on efficient delisting.
The EV maker is back for fresh capital as its businesses fail to generate enough to sustain themselves.
