India's Piramal Enterprises said in an exchange filing on Friday that it had received a tax demand of Rs 1,502 crore (nearly $172 million) for the sale of its pharmaceutical business to Piramal Pharma in fiscal year 2021.
Ola Electric, the electric vehicle company, said it sold over 25,000 units in February, with a market share of over 28 per cent, cementing its market leadership in the EV two-wheeler (2W) segment.
State-owned Power Finance Corporation on Thursday said that it has inked an initial pact to provide Rs 26,800 crore finance to power utilities of Madhya Pradesh.
The funding round was led by Multiples Alternate Asset Management, with participation from Fundamentum, Paramark Ventures, and existing investor Info Edge Ventures.
The new capabilities represent a strategic enhancement to Bharti Airtel's 5G monetisation efforts, enabling the development of new business models, Ericsson said.
Apple has announced that it will invest $500 billion in the United States over the next four years.
Amid gold rallying in international market, prices in the domestic market continue to rise as well. The depreciation in the rupee to the US dollar only adds to that.
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