Ola Electric IPO Latest News: Tiger Global, through its arm Internet Fund Pte, has acquired the shares at Rs 11.70 and will get around 549% return on investment through the IPO. The PE firm is selling about 63.6 lakh shares under the OFS and is likely to make a profit of Rs 49 crore.
ECB holds interest rates at 2% for a fourth time
The European Central Bank has held interest rates steady for the fourth time. Inflation is near the bank’s target. The euro zone economy is showing