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Ola Electric has converted itself into a public limited company through a corporate restructuring as the leading electric vehicle maker gears up for its initial public offering. The conversion of a private limited company into a public company is a mandatory step for a firm that wants to list on the stock exchange.

Ola Electric has restructured itself into a public company from a private limited one, regulatory filings showed on Friday. The restructuring of the electric two-wheeler maker comes ahead of an expected public listing. It has also changed its name to Ola Electric Mobility Limited, from Ola Electric Mobility Private Limited earlier.

Investing in the stock market doesn't always require hefty capital. For investors seeking opportunities without breaking the bank, stocks under $10 present an intriguing avenue.

Bajaj Finance on Friday in an exchange filing said that it is temporarily suspending issuance of EMI cards to new customers after the order issued by the Reserve Bank of India. In a regulatory filing, Bajaj Finance said," We would like to further inform that the Company has temporarily suspended the issuance of Existing Member Identification cards (‘EMI cards’) to new customers till such time that the deficiencies observed by RBI are rectified to their satisfaction.

Taiwan may hire 100,000 workers from India, Taiwanese Labor Minister Hsu Ming-chun said that the news is ‘inaccurate’. However, she admitted that the two countries are in talks but have yet to finalize the matter.

Threads via a mobile browser is now an option. I prefer accessing social media services through the mobile web rather than downloading an app." As per HT Tech, the introduction of a mobile web version is a significant relief for numerous Threads users who have voiced their frustration about the lack of such functionality. Until this recent update, manually navigating to a particular user's profile was feasible, but engaging in activities like browsing feeds, posting, replying, or logging in from browsers proved to be elusive.

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Individuals who have not done any transactions on their UPI IDs and numbers for over a year will not be able to receive funds from January. The National Payments Corporation of India (NPCI) has asked banks, payment service providers and Third Party Application Providers (TPAPs) such as PhonePe, Google Pay and others to deactivate UPI IDs and numbers of customers who have not performed any transactions for one year or more.

NueGo, the electric bus service brand of GreenCell Mobility has expanded its inter-city e-bus services on the Delhi-Shimla route.

Karan Taurani, Senior VP, Elara Securities, says “50% of ad spends are going to come from digital because consumption on digital has seen an increase because the content are being offered free on mobile phones as compared to the earlier years wherein digital contribution to the overall ad spends was just about 25 to 30%. So digital revenues would move up more than 2x as compared to the earlier World Cup in 2019.” The overall number of advertisements on the OTT platforms are at record high in terms of viewership. What is your takeaway in terms of how the numbers have stacked up in this World Cup ? Before the tournament, we did come out with an estimate that the ad spends during the World Cup will be in the range of Rs 2,200-2,400 crore. That is where the numbers should stack up because India's performance has been superior in this tournament. They have won all the matches and they are also moving towards the final.

Unified Payments Interface (UPI) IDs, UPI numbers, and phone numbers of Customers who have not performed any financial or non-financial transactions (balance inquiry, PIN change, etc.) for one year from any Third Party Application Providers (TPAPs) or PSP applications. “In the realm of digital payments, it is essential for customers to regularly review and verify their information within the banking system to ensure a safe and secure transactional experience. However, it has come to our attention that customers may change to a new mobile number without disassociating their previous number from the banking system," NPCI said in its guidelines.

Mukul Agarwal portfolio: Shares of Gensol Engineering Ltd have been in consolidation phase after trading ex-bonus on 17th October 2023. The energy stock traded ex-bonus for finalising eligible shareholders for issuance of 2:1 bonus shares. This means, two bonus shares were issued for evey one share held by eligible beneficiaries.

Non-resident Indians (NRIs) frequently express frustration with the challenges they face when attempting to invest in their home country, citing obstacles such as the intricate account opening procedures, notarization requirements, and the associated international courier expenses. Nithin Kamath’s analogy, shared on X (formerly Twitter), drawing parallels between the NRI account opening process and the pre-digital era of retail broking, underscores the cumbersome and outdated nature of the current procedure. The insistence on physical forms, multiple signatures, and prolonged timelines needlessly complicate the process for NRIs looking to open an account and invest in India.

Bank of Baroda has scheduled a meeting of the Capital Raising Committee tomorrow, November 18, 2023, to discuss and finalise the issuance of Tier I and Tier II debt capital instruments and long-term bonds for the financing of infrastructure and affordable housing within the board-approved capital raising plan. “We advise that the Meeting of the Capital Raising Committee of our Bank is scheduled to be held on 18.11.2023 to discuss and finalize the issuance of Tier I and Tier II debt capital instruments and long-term bonds for the financing of infrastructure and affordable housing within the board-approved capital raising plan," the lender said in an exchange filing dated November 15.

One of the latest wrinkles in the Charles Schwab custody transition from TD Ameritrade’s system involves RMDs, and a lack of records for any that were taken this year before Sept. 5.

NEW DELHI : Retailers across the board may suffer after the Reserve Bank of India barred the largest consumer goods financier Bajaj Finance from disbursing loans under two products. On Wednesday, RBI barred Bajaj Finance from lending under its two products—eCom and Insta EMI Card—citing non-compliance with digital lending guidelines. Several retailers that Mint spoke with said this move will significantly impact retailers—both online and offline.

Alliance (IESA). The focus is on holistic mobility, involving startups in the EV sector," a person close to the developments said on condition of anonymity.

NEW DELHI : Refurbished smartphones and no-interest financing schemes spread over two years became the clear demand drivers for retailers in last week’s Diwali sale, which were better than industry expectations, insiders said. The two factors combined to offer a silver lining for India’s smartphone sellers, even as organic demand for smartphones continued to remain tepid at best in the second-largest smartphone market in the world.

NEW YORK (Reuters) — A U.S. court on Thursday sentenced an Israeli private detective to 6-2/3 years in prison for organizing global hacking campaigns against thousands of people including climate change activists and critics of German company Wirecard.

Major row erupted over alleged custodial death of a person in Kolkata’s Amherst Street Police Station. The family moved Calcutta High Court with a plea for post-mortem of the body at any central government-run hospital instead of any state hospital. The division bench of Calcutta High Court’s chief Justice T.S.