Tiger Global Ruling
The Supreme Court of India’s verdict in the Tiger Global (TG) case this January raises aspects of vital importance for taxation of non-residents in India under the tax treaties as well as domestic law.
The Supreme Court of India’s verdict in the Tiger Global (TG) case this January raises aspects of vital importance for taxation of non-residents in India under the tax treaties as well as domestic law.
The IPO comprises a fresh issue of equity shares worth Rs 9,000 crore and an offer for sale (OFS) worth Rs 375 crore by existing investor Info Edge.
"I welcome Warburg Pincus and Temasek to Ola and look forward to collaborating with them in our next phase of growth," Aggarwal added.
Koo has garnered nearly 60 lakh downloads in just a year of operations.
“Mr Tata has been an inspiration and a mentor to me personally in shaping Ola’s journey over the years. I’m very excited to welcome him on board Ola Electric as an investor and a mentor in our mission of building sustainable mobility for everyone on our planet. He is a visionary who has inspired a generation of entrepreneurs and we are privileged to have his guidance and support once again, as we work towards our goal of a million electric vehicles in India by 2021,” said Bhavish Aggarwal
