Ola Electric Mobility shares surged after the company secured a Rs 366.78 crore incentive under the Production Linked Incentive (PLI) Scheme for Automobile and Auto Components for FY 2024-25. This significant sanction from the Ministry of Heavy Industries underscores Ola Electric’s manufacturing prowess and commitment to advancing EV technology in India.
Sebi to revamp short-selling, securities lending rules
Sebi is reviewing short-selling and securities lending rules to improve liquidity and price discovery. The regulator is also planning reforms in clearing, broker compliance, custodial