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Ola Electric Mobility’s board has approved a rights issue of partly paid-up shares to raise up to Rs 1,000 crore, a move aimed at strengthening the company’s capital structure. The company also appointed a new compliance officer, underscoring a broader push to tighten governance as it navigates a demanding market environment.
Digital lender Moneyview's Rs 1,092 crore initial public offering drew strong investor interest on the second day of bidding, with overall subscription reaching 6.01 times by the close of trading on September 25. Demand was led by non-institutional investors and retail buyers, while qualified institutional buyers remained largely absent from the book at that stage.
YouTube megastar MrBeast joined Ranbir Kapoor, Sai Pallavi and the team of Nitesh Tiwari's Ramayana at a promotional event in Mumbai, where he praised the film and briefly needed help from Kapoor to join in a crowd chant of "Jai Shree Ram." The appearance underscores the makers' increasingly international strategy for the two-part epic, which is being positioned as one of Indian cinema's most ambitious global releases.
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