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Ola Electric held talks on potential high-yield debt financing: Sources
The funds are primarily intended for working capital, with potential lenders considering interest rates between 17.5% and 20% for this special situation financing.
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M&M Q1 net profit surges 24% to ₹4,083 cr on strong auto, tractor sales
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Electric two wheelers: TVS, Bajaj rule, Ather climbs as consumers prefer credibility, servicing network
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Qualcomm taps India’s auto tech potential in $8 billion growth push
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Tata Motors set to acquire Italian truck maker Iveco for $4.5 billion in its biggest deal to date
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