Shares of Ola Electric Mobility Limited tanked over 7% on Monday morning after the firm said its vehicle registration service provider Rosmerta Digital Services Limited has sought the initiation of insolvency proceedings against its wholly-owned arm Ola Electric Technologies Private Limited. Rosmerta Digital Services Limited, an operational creditor of Ola Electric Technologies Private Limited.” The petition has been submitted before …
Navi Technologies, the fintech venture led by Flipkart co-founder Sachin Bansal, has fallen victim to a sophisticated cyber fraud amounting to ₹14.26 crore, reported Economic Times. The vigilance team at Navi Technologies revealed that the fraud involved the company’s third-party payment gateway, which was used to process transactions for services such as mobile recharges and EMI payments via Navi’s app. …
Carbon dioxide emissions are the world’s biggest problem, and through the burning of fossil fuels which emit this potent greenhouse gas, our species is making it worse all the time. Despite carbon capture, utilisation and storage technologies remaining largely in their infancy and untested at scale, a major report from the International Energy Agency now states without their rapid uptake …
