Browsing Tag

battery scheme

Reliance Industries, Ola Electric, Mahindra bid for incentives under India’s battery scheme

Daisy Jun 21, 2022

India's Reliance Industries, Softbank Group-backed Ola Electric and automaker Mahindra & Mahindra have submitted bids under the country's $2.4 billion battery scheme, the government said on Saturday. India last…

Business

Reliance, Ola Electric, others to get incentives under $2.4 billion battery scheme: Report –…

Jessica Mar 19, 2022

NEW DELHI: Reliance Industries and Softbank Group-backed Ola Electric will receive incentives under India's $2.4 billion programme to boost local battery cell production after winning a tender, four sources told Reuters. The winning bidders…

Technology

Now, tax officials raid Zetwerk; India’s four-way ecommerce fight

Daisy Mar 17, 2022

Yesterday we reported that the offices of construction materials startup Infra.Market had been raided by income tax officials on suspicion of tax evasion. Now, another startup – Zetwerk – faces the prospect of a tax evasion probe after…