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Hero MotoCorp CEO Pawan Munjal in talks to invest in Ola Electric

Recently it was confirmed that Pawan Munjal might be the next big investor after Ratan Tata to invest in Ola Electric. The media report has informed that Munjal has been discussing the potential investment over the last few months with Arun Sarin as well as the senior management of Ola Electric. Further it was claimed that the company has a massive plan of deploying one million electric vehicles in India and in the long term might use Hero’s electric two-wheelers in its fleet. Src: https://bit.ly/2Nr0K1u

Do you stand with @PawanMunjal

I stand with @PawanMunjal

151 votes

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119 votes

BWF World Championship: PV Sindhu beats Taiwan’s Tai Tzu Ying, reaches to Semis

Indian badminton champion, PV Sindhu has recently beaten second-seeded Tzu Ying of Chinese Taipei and registered herself in the semi-finals of the ongoing BWF World Championships. After going down in the opening game by nine points, the Indian shuttler rebounded strongly to seal a 12-21, 23-21, 21-19 win over Tzu Ying in a thrilling quarter-final clash of the women's singles event. The match had lasted for 1 hour and 11 minutes. Src: https://bit.ly/2Zj2FYd

Kudos to @PVSindhu

Govt to release Rs 70,000 crore immediately to state-run banks

Today, the FM Nirmala Sitharaman had announced measures to revive economic growth and markets. While announcing about it she said, “GST regime will be simplified further and the government will release Rs 70,000 crore capital upfront to public sector banks to boost credit to different sectors of the economy.” Sitharaman further said the government will make all pending GST refunds to MSMEs within 30 days. Src: https://bit.ly/30vUrxe

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143 votes

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123 votes

ED raids 12 locations of former Jet Airways chairman Naresh Goyal

The Enforcement Directorate (ED) has carried out searches at locations of Jet Airways founder Naresh Goyal regarding a Foreign Exchange Management Act (FEMA) case. According to the media reports, the raids were led at 12 locations in Delhi and Mumbai. Earlier, on April 2019, the airline had stopped activities due to acute cash crunch. Jet was facing a financial crisis due to bruising competition from low-cost airlines, fluctuating crude prices, and a weak rupee. The airline has over one billion dollars in debt and has to repay money to banks, lessors of planes and providers besides clearing pending salaries of its pilots and other staff. Src: https://bit.ly/2TYvKHn

Do you stand with @NareshGoyal

I stand with @NareshGoyal

80 votes

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157 votes