Can Ola Electric Cruise to 6,146 Cr IPO?

The Softbank-backed company has set a price band of Rs 72 to Rs 76 per share for the maiden share sale and is expected to test the appetite for new-age loss-making companies. IMAGE: Bhavish......

Ola Electric likely to drive in IPO at a lower valuation of $4.5 billion

Ola Electric, the SoftBank-backed electric vehicle (EV) maker, is likely to pursue a valuation of approximately $4.5 billion in its upcoming initial public offering (IPO), marking about 18 per cent......

Softbank exits Paytm at loss of around $150 mn

Japan's Softbank investment arm Softbank Vision Fund exited from Paytm in the June quarter at a loss of around $150 million, sources aware of the development said. Photograph: Toru Hanai/Reuters......

Unacademy hands pink slips to 250 more employees

Edtech firm Unacademy has laid off 250 people across verticals, according to people familiar with the matter, reducing its employee strength by 50 per cent from what it was two years ago. Of......

Tennis: Djokovic regains top spot, Nadal rises

IMAGE: Novak Djokovic has played only one tournament so far this year. Photograph: Scott Barbour/Getty Images 20-time Grand Slam champion Novak Djokovic regained the World No. 1 spot in the ATP......