Ola Electric is launching a $4 billion IPO, 30% below its last valuation. The IPO seeks Rs 5,500 crore through a fresh issue and 95.2 million shares offer-for-sale. Initially targeting $6-7 billion, the valuation was adjusted to entice investors for post-issue profit.
Investors heartened by Warsh inflation talk, still uncertain about Fed action
Federal Reserve Chair Kevin Warsh made it clear that inflation control is a top priority. He suggested that to combat escalating price pressures, interest rate
August 29, 2026