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Ola is raising $100 million from Bank of Baroda (BoB) to partly finance the first phase of construction of India’s largest ride-hailing platform ‘Ola Electric’, claims will be the world’s largest electric two-wheeler factory. The funds are being raised as a long-term loan by Ola Electric Mobility Pvt. Ltd, the electric vehicle (EV) arm of the Bengaluru-based company. The plant is being built in Tamil Nadu’s Krishnagiri district. The factory will have an initial capacity of 2 million electric vehicles a year.
Which of the following is a state-owned investment fund composed of money generated by the government, derived from a country's reserves?
Which online payment bank become the official digital payments partner for Pradhanmantri Sangrahalaya?
Who has been appointed as mentor by Afghanistan cricket team for ICC Men's Cricket World Cup 2023?
How many MH-60R multi-role helicopters has India contracted from the United States?
Which country won the Men’s Hockey World Cup 2023 title?
The Ministry of Fisheries, Animal Husbandry & Dairying has released the Basic Animal Husbandry Statistics 2023 (milk, egg, meat and wool production 2022...
TPL is the world’s first linear alkylbenzene (LAB) manufacturing company to be certified by the Bureau of Indian Standards (BIS). Where is TPL hea...
Consider the following statements about ‘Warli painting’:
1. Recently, an exhibition traces the artistic journey of the Mashe family ...
Who laid the foundation stone for the country's first digital National Museum of Epigraphy in Hyderabad?
Despite pledging to reduce fossil fuel subsidies, the G20 countries increased the amount of public money flowing into coal, oil, and gas in 2022. What w...