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Medial • 10m
Top News of the Day: 1. After a crackdown on peer-to-peer (P2P) lending by the Reserve Bank of India (RBI), MobiKwik’s Xtra investors are facing troubles with withdrawals. 2. Porter reports Rs 2,734 Cr revenue in FY24; losses dip 45% 3. DirecTV files complaint against Disney with FCC as impasse enters second week 4. Vivek Bansal, former group CFO of InCred, has resigned and is planning to launch his own NBFC venture called Saarathi Finance. 5. Indian electric two-wheeler manufacturer Ather Energy has announced its plans to go public with an initial public offering (IPO) of fresh shares valued at Rs 3,100 crore ($369.4 million) 6. The shares of Ola Electric, led by Bhavish Aggarwal, experienced a 4% drop during intraday trading on the BSE. 7. Microsoft partnering with Cognizant, Infosys, Genpact to build global AI solutions 8. Prahlad Krishnamurthi exits Cleartrip, joins NextBuy as CEO 9. Ather files DRHP to raise Rs 3,100 Cr via IPO; Hero MotoCorp won’t sell shares 10. Actor Mahesh Babu's firm GMB Entertainment has invested in omnichannel nutraceutical startup Fitday 11. Bio-tech company Transcell Biologics has raised an undisclosed amount of investment from Boston-based Quantiphi and IAN Group. 12. Pixxel bags NASA contract to support earth science research with hyperspectral technology 13. NatWest Group appoints former Amex exec Ruchika Panesar as India head 14. AngelList launches new platform for Indian private equity market 15. According to a report from Informa Connect Academy, Tesla founder Elon Musk is predicted to become the world's first trillionaire by 2027 Stay Updated. Stay Informed. Stay Ahead. Share the Medial App with your network, colleagues, and friends. Let's brainstorm, discuss together and help each other achieve our goals. And don't forget to rate us on the iOS App Store and Google Play Store to help us reach even more amazing people like you.
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Dexter Capital Advisors • 1y
What next for Ather? A Hero subsidiary status? 😅😅 With the latest development, that has never been more likely. Let's dive in! .. Whenever Ather Energy’s in need of more money, Hero pounces in. -> This was evident in the Sep rights issue where
See MoreI will rule the worl... • 7m
Bank of Baroda shares in focus as lender to raise funds via long-term bonds :- Bank of Baroda shares closed 2.07% lower at Rs 250.65 on Wednesday against the previous close of Rs 255.95 on BSE. Total 3.05 lakh shares of Bank of Baroda changed hands
See MoreHey I am on Medial • 1y
In Bangalore, engineer Tarun Mehta co-founded Ather Energy to revolutionize electric mobility. Overcoming skepticism, they launched the Ather 450 in 2018, India's first smart electric scooter. Facing challenges of manufacturing and scalability, Tarun
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