Aditi Shah
Stories by Aditi Shah
India’s HDFC Capital raises $1.8b from ADIA, others for low-cost housing
HDFC Capital has a long-term plan to fund the development of one million affordable homes in India.
India, Tesla talks over potential tax benefits make no headway
Currently, India levies an import tax of as high as 100% on electric vehicles.
Reliance, Ola Electric, M&M bid for incentives under India’s EV battery scheme
Hyundai Motors, L&T, Amara Raja, and Exide have also submitted bids
Indian ride-hailing firm Ola plans IPO in H1 2022, readies superapp
Ola plans to start personal finance and micro insurance services, said CEO Bhavish Aggarwal.
India’s biggest car dealer Popular Vehicles plans $100m listing
Indian PE fund BanyanTree Growth Capital is expected to cash out by selling its entire 34% stake.
BP’s venture capital arm looks to India in clean mobility drive
BP Ventures put in $13 million into EV ride-hailing firm BluSmart in September.
SpaceX’s Starlink gears up to launch internet services in India
The company has registered its India unit.
Worn-out fleet, poor service: Tata’s flight plan for Air India faces many challenges
It may cost over $1b to refurbish Air India's 141 planes.
Tata Motors raises $1b from TPG, ADQ for electric vehicle business
This is the first major fundraising by an Indian carmaker to push clean mobility.
SoftBank-backed ride-sharing company Ola said to prepare for up to $1b India IPO
Ola is understood to have roped in banks to advise on the share sale.
