Curated news coverage, institutional background, regulatory filings, and investigative reporting across RDU Global.
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 reinforcing the company’s capital structure. The company also appointed a new compliance officer, signalling a sharper focus on governance as it navigates a demanding market and regulatory environment.
Union Minister Nitin Gadkari emphasized the potential of ethanol in enhancing farmers' earnings and reducing India's fuel import dependency during the launch of a new bus service in Madhya Pradesh. He highlighted the recent surge in maize prices and the government's ambitious PM e-Bus Sewa initiative.
IIT Madras, its Research Park and Unicorn India Ventures have announced a first close of Rs 450 crore for a Rs 1,000 crore fund aimed at advanced technology startups, with the final close expected by December 2026. The fund has already deployed nearly Rs 55 crore across four deep-tech startups as it sharpens its focus on sectors seen as strategically important to India's industrial and national security ambitions.
India's power secretary Pankaj Agarwal met EDF chairman and CEO Bernard Fontana to discuss the possible deployment of the French utility's EPR nuclear reactor technology in India, the power ministry said on Friday. The talks also covered the evolving regulatory framework for the nuclear sector and potential cooperation on pumped hydro storage projects, underscoring a broader push to deepen Indo-French energy ties.
Actis has merged 11 Indian road assets from its Long Life Infrastructure Fund 1 and 2 into the NXT-Infra Trust, a move that underscores the growing institutional appetite for operating toll roads in India. Following the fundraising, Actis' stake in the trust has fallen to 71% from 86%, with domestic investors taking the balance, as the firm positions the vehicle for future acquisitions.
Karnataka is stepping up its push to attract Singaporean investment, with Industries Minister MB Patil holding talks with Singapore Minister of State for Trade and Industry Gan Siow Huang on expanding cooperation across advanced sectors. The discussions highlighted opportunities in aerospace, defence, semiconductors, aviation MRO and digital infrastructure, with CapitaLand Investment and ST Telemedia Global Data Centres signalling further interest in the state.
Karnataka will provide Rs 2,500 in input subsidy to each drought-hit farmer as immediate relief, Deputy Chief Minister G Parameshwara said on Friday, in a move expected to benefit 45-50 lakh farmers and cost the state about Rs 1,250 crore. The government said further assistance will depend on the Centre's response and the final assessment of drought losses, which the state estimates could exceed Rs 40,000 crore.
An AI-enabled traffic enforcement camera in Bengaluru wrongly issued a helmet violation challan after mistaking a guitar case strapped to a scooter rider's back for a pillion passenger. The error has reignited debate over the limits of automated policing, even as traffic officials say such false flags are periodically reviewed and corrected.
The Reserve Bank of India's September 2026 Bulletin presents an economy that remains notably resilient despite renewed geopolitical tensions in West Asia, rising energy prices and volatile global markets. Alongside reporting 7.8% growth in the first quarter of 2026-27, the Bulletin argues that a higher credit-deposit ratio alone is not a reliable sign of banking stress and points to strong foreign exchange reserves, FDI inflows and narrowing trade deficits as key buffers.
Passengers and drivers in Ahmedabad and Gandhinagar have alleged that groups of men stopped ride-hailing vehicles and pressured riders to cancel Uber and Rapido trips in favour of Bharat Taxi, India's government-backed platform. The allegations, which remain independently unverified, have raised fresh questions about competition, driver livelihoods and passenger safety in one of the country's busiest urban mobility markets.
IIT Madras, IIT Madras Research Park and Unicorn India Ventures have announced the first close of their deeptech-focused IITM Unicorn Frontier Fund I at Rs 450 crore, setting up one of India's most targeted early-stage technology vehicles. The fund has already deployed nearly Rs 55 crore across four startups and aims to back 25 companies in sectors ranging from defence tech and spacetech to semiconductors, robotics and healthtech.
Indian startups raised $203.4 Mn across 21 deals between September 21 and September 25, a sharp 3.4X jump from the $58.9 Mn raised by 14 startups in the previous week. The surge was led by large rounds in AI and cleantech, with Ultraviolette Automotive and Ema accounting for most of the week's capital inflow.
Political leaders, ministers, corporate executives, judges, athletes and creators. All news mentioning this entity is automatically verified and aggregated into this live intelligence dossier.
Entities frequently referenced alongside Ola Electric Mobility leadership: