Funding was led by Capital-A and Anicut Capital along with other marquee investors including Ekta Kapoor, Sunil Kalra, and Sachin Mehra. Jiraaf, a platform for high-yield alternative investment opportunities also participated in the round by extending debt to Chargeup.
The Securities & Exchange Board of India (SEBI) order that prohibits Bombay Dyeing and its promoters, Nusli Wadia, Ness Wadia and Jehangir Wadia from accessing the capital markets for two years and attracted heavy penalties was examining allegations that Bombay Dyeing was involved in publishing untrue financial statements and constitute manipulative and fraudulent and unfair trade practices against the minority shareholders of Bombay Dyeing and Manufacturing Company Ltd (BDMCL) and the market at large.
Considering the Indian gift culture and huge population size, It is no wonder that India’s gifting industry size is about Rs 250,000 crore, as per Technopak, India’s leading Management consultant.
The Chargeup CEO claimed that their batteries cost only Rs 60 per swapping which has a range of about 60 km, reducing operational cost to just Rs 1/km.
Aviation is currently one of the fastest-growing sources of the greenhouse gas emissions driving global climate change. With the expected passenger rise of 8.2 billion by 2025 and the expected industry revenues of $498 billion by 2022 there is a growing concern of increased share of air pollution resulting due to aircraft industry.
In Iran, there is an ongoing widespread protest against the ‘Mandatory Hijab’ law that has been in effect since the late 70s. People in huge numbers are out on the streets and women are cutting their hair and burning headscarves to register their protest.
To reopen and facilitate trade and investment in the Asia-Pacific region, Asia Pacific Economic Cooperation (APEC) 2022 meeting is underway in Thailand, the host nation of its 33rd edition.
Tesla CEO Elon Musk has shot off a third notice to Parag Agrawal-led Twitter, aimed at terminating the $44 billion takeover deal.
