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Following Kotak’s “Reduce” call to begin coverage, Ola Electric’s shares fell 1%.

As Ola Electric gets closer to its IPO listing price of ₹76, its shares opened lower on Wednesday. What transpired was that Kotak Securities issued a “reduce” call and set a target price of ₹80 for the Bengaluru-based electric car company. With complaints reportedly reaching 80,000 each month, the firm has come under heavy fire

Following Kotak’s “Reduce” call to begin coverage, Ola Electric’s shares fell 1%. Read More »

After preparing to leave Bajaj, Mukesh Ambani’s Jio Financial is in negotiations with Allianz for insurance joint ventures in India.

According to persons familiar with the situation, Jio Financial Services Ltd., which is owned by billionaire Mukesh Ambani, has discussed forming an insurance partnership with Allianz SE in India as the German company looks to end two current joint ventures in the nation. According to insiders who asked not to be named since the information

After preparing to leave Bajaj, Mukesh Ambani’s Jio Financial is in negotiations with Allianz for insurance joint ventures in India. Read More »

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