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UPDATE 4-Ola Electric to raise $734 mln in India's biggest IPO this year
Reuters SG via Yahoo Singapore Finance· 1 day agoIndian e-scooter maker Ola Electric said on Monday it aimed to raise $734 million in the country's biggest IPO this year, a deal set to lure major foreign investors and highlight growing confidence ...
SoftBank-backed Ola Electric suspends India car project to focus on scooters, bikes, sources say
Reuters via Yahoo Singapore Finance· 5 days agoIndia's IPO-bound Ola Electric has suspended its electric car launch plans as the Softbank-backed...
India's Ashok Leyland reports Q1 profit miss as taxes weigh
Reuters via Yahoo Singapore Finance· 5 days agoThe growth was in contrast to most analysts' and industry experts' expectation of a fall due to India's general election. Larger competitors Tata Motors ...
Japan's Nidec lifts annual profit outlook after Q1
Reuters via Yahoo Singapore Finance· 7 days agoJapanese electric motor maker Nidec raised its full-year operating profit forecast by 4.3% on Tuesday off the back of a recovery in demand for hard drive...