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Opportunity India Desk Nov 21 2023 - 10 min readThe electric vehicle industry in India has been demanding support from government to boost the promotion and adoption of electric vehicles in the country. The major part of the EVs is batteries and most of the companies rely on lithium-ion batteries for their vehicles. Talking to Opportunity India, Sabareesan P, CEO, HELIOS BATTERIES ...
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Opportunity India Desk Nov 20 2023 - 4 min readThe Institute of Eminence Research Centre at IIT Madras, known as the Centre for Research on Startups and Risk Financing (CREST), has developed the country’s first information platform on incubators and accelerators. The platform is developed in partnership with YNOS, an IIT Madras-incubated startup. The information platform will contain comprehensive information on incubators ...
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Opportunity India Desk Nov 20 2023 - 3 min readThe Jharkhand government has unveiled the draft MSME Policy 2023, proposing a 5 per cent annual interest subsidy for new MSMEs with timely loan repayments from public financial institutions or banks, valid for five years post-commercial production. The maximum subsidy limit stands at INR 25 lakh for micro units, INR 1 crore for ...
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Opportunity India Desk Nov 20 2023 - 3 min readThe stage for the seventh edition of the Bengal Global Business Summit (BGBS) is set to host influential figures from over 25 countries, including business leaders, political dignitaries, and corporate giants from India on Tuesday. Notable attendees are expected to include representatives from Reliance Industries, ITC, and Ambuja Neotia. Participating countries ...
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Opportunity India Desk Nov 20 2023 - 2 min readBengaluru-based electric vehicle company Ola Electric is gearing up for its IPO and restructuring its corporate structure to convert itself from a private limited company to a public company. The restructuring of the company is a crucial step for the company as it wants to list on the stock exchange. The ...
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Opportunity India Desk Nov 20 2023 - 2 min readReflecting its interest in attracting investment for its electric vehicle arm Switch Mobility, Ashok Leyland MD and CEO Shenu Agarwal said that the Hinduja Group flagship firm was keen to get external investments from ‘the right strategic partner’ and it will not shy away from funding on its own till such an ally ...