Ola Electric priced its QIP at Rs 35.86 per share, allotting 21.8 crore shares to institutional investors including Mirae Asset, Motilal Oswal and JM Financial. Proceeds will shore up the balance sheet and fund manufacturing scale-up to 6 GWh by FY27, against a Q4 net loss of Rs 500 crore on Rs 265 crore revenue.

NDTV Profit · 6/4/2026, 5:12:24 PM

India's import duty jump to 15% pushed 10g 24K gold to ₹1.62L, triggering a rush across jewellery counters, ETFs and digital gold. Jewellers expect a pivot to lighter pieces, softer diamond discretionary spend, and a surge in old-gold exchanges against a 700-800 tonne/yr consumption base.

Mint · Money · 5/25/2026, 7:41:18 AM