Reliance New Vitality, Ola, Rajesh Exports signal pact » PSU WATCH

[ad_1] These firms will obtain incentives underneath India’s Rs 18,100-crore PLI scheme The personal gamers are anticipated to create battery manufacturing capability to the tune of ~95 GWh New Delhi: The federal government has signed a programme settlement with Reliance New Vitality Restricted, Ola Electrical Mobility Non-public Restricted and Rajesh Exports Restricted underneath the PLI … Read more

OLA: Reliance, Ola & Rajesh Exports signal program settlement underneath PLI scheme for battery manufacturing

[ad_1] Reliance New Vitality Restricted, Ola Electrical Mobility and , the three chosen bidders, signed the Program Settlement underneath Manufacturing Linked Incentive (PLI) scheme for Superior Chemistry Cell () Battery Storage on Thursday. These firms will obtain incentives underneath India’s ₹ 18,100 crore program. Along with the capacities allotted by the Ministry of Heavy Industries … Read more

Reliance, Ola Electrical, Rajesh Exports conform to construct batteries in India

[ad_1] NEW DELHI: Reliance Industries, Softbank Group-backed Ola Electrical and Indian jewelry maker Rajesh Exports on Friday signed closing agreements to construct battery cells below a $2.3 billion authorities incentive program. Shares of Rajesh Exports rose as a lot as 5.9% to their highest since July 4 after the federal government’s assertion on finalisation of … Read more

Reliance, Ola Electrical, Rajesh Exports adjust to assemble batteries in India – Events of India

[ad_1] NEW DELHI: Reliance Industries, Softbank Group-backed Ola Electrical and Indian jewellery maker Rajesh Exports on Friday signed closing agreements to assemble battery cells beneath a $2.3 billion authorities incentive program. Shares of Rajesh Exports rose as lots as 5.9% to their highest since July 4 after the federal authorities’s assertion on finalisation of the … Read more

Reliance New Vitality, Ola Electrical and Rajesh Exports ink PLI settlement for ACC battery storage

[ad_1] Three chosen home-grown corporations Reliance New Vitality, Ola Electrical, and Rajesh Exports have signed a program settlement underneath Manufacturing Linked Incentive (PLI) scheme for superior chemistry cell (ACC) battery storage. As per the settlement, the businesses will obtain production-linked incentives underneath India’s Rs 18,100 crore program. The Ministry of Heavy Industries mentioned {that a} … Read more

Reliance, Ola Electrical, Rajesh Exports conform to construct batteries in India

[ad_1] Reliance Industries, Softbank Group-backed Ola Electrical and Indian jewelry maker Rajesh Exports on Friday signed closing agreements to construct battery cells underneath a $2.3 billion authorities incentive program. Shares of Rajesh Exports rose as a lot as 5.9% to their highest since July 4 after the federal government’s assertion on finalisation … Read more

Man Poses As Staffer Of Ola Electrical, Dupes Businessman Of 4l | Coimbatore Information

[ad_1] Coimbatore: An unidentified particular person duped a 26-year-old metropolis businessman of 4.69 lakh by providing a dealership of an electrical vehicle agency.The town cybercrime police stated the stranger approached J J Kishan Kaneria, who runs a {hardware} store at RS Puram space, on October 1, by posing as a staffer of Ola Electrical and … Read more

ola monetary: RBI fines Ola Monetary Rs 1.67 crore for flouting KYC guidelines

[ad_1] The Reserve Financial institution of India (RBI) has slapped a Rs 1.67 crore advantageous on Ola Monetary Companies Ltd, the monetary companies arm of journey hailing agency Ola, for not complying with its pay as you go cost instrument (PPI) and know-your-customer (KYC) tips. The financial penalty relies on deficiencies in regulatory compliance and … Read more