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BusinessOla Electric announced a rights issue priced at Rs 27 per share, a 26% discount to market value, aiming to raise up to Rs 1,000 crore. Investors will pay 60% upfront and the rest later. Chairman Bhavish Aggarwal plans to fully subscribe using pledged shares. The funds will help reduce debt and support cash breakeven goals.
ET Markets·
WorldIndian Railways has identified 11 long-distance trains with journeys of 40 hours or more for special cleanliness and maintenance monitoring. Trains like Vivek Express, Awadh Assam Express, and Jhelum Express are included. The Railway Board has instructed zonal general managers to ensure continuous cleanliness, toilet hygiene, water availability, and timely repairs. Clean Train Stations en route will also maintain these standards, with DRM divisions responsible for staff and equipment readiness.
Amar Ujala·
PoliticsJacqueline Fernandez, involved in a 200 crore money laundering case, has received relief from the court. She has been granted a No Objection Certificate (NOC) to renew her work visa. The actress has been residing in India on a work visa since 2009 and faced difficulties due to the ongoing case.
News18Hi Entertainment·
EntertainmentBollywood actor Ajay Devgn is currently in the spotlight due to the success of Drishyam 3, released on October 2. Director Abhishek Pathak stated this film would be the franchise's last installment, naming it Drishyam: The Conclusion. However, Ajay Devgn hinted at a possible Drishyam 4, comparing the makers' cleverness to the character Vijay Salgaonkar, suggesting they might find a way to continue the series despite official statements.
News18Hi Entertainment·
PoliticsDuring an opposition protest against the Election Commission in Delhi on Wednesday, a high-voltage drama unfolded. Opposition MPs attempting to reach Jantar Mantar were stopped by Delhi Police on the way. Priyanka Gandhi lay down on the road as Rahul Gandhi engaged in a sharp confrontation with the police. The incident was captured in a viral video.
Amar Ujala··Delhi
PoliticsAlexander Vucic, former Serbian president, praised Prime Minister Narendra Modi for elevating India to a major global power. In a viral podcast clip on Modi's 25 years in public life, Vucic noted ongoing efforts to weaken Modi despite his significant achievements and adherence to Mahatma Gandhi's teachings. Vucic highlighted a global trend of undermining leaders but did not detail specific attempts against Modi.
Aaj Tak·
ET Markets·
Ola Electric announced a rights issue priced at Rs 27 per share, a 26% discount to market value, aiming to raise up to Rs 1,000 crore. Investors will pay 60% upfront and the rest later. Chairman Bhavish Aggarwal plans to fully subscribe using pledged shares. The funds will help reduce debt and support cash breakeven goals.
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