Question
Ola is raising $100 million from _____________ to partly
finance the first phase of construction of India’s largest ride-hailing platform ‘Ola Electric’.Solution
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.
Under the simplified procedure for working capital finance to Micro and Small Enterprises (MSEs) with working capital limits of up to ₹5 crore, the wo...
Which one of the following is a correct equation?
Which among the following correctly describes Margin of Safety?
Customer acquisition costs (agent commissions) for one-year policies are paid upfront. Can they be capitalized as intangible assets?
A company purchased a machinery for Rs.4,50,000. The machine is expected to have a useful life is 7 years after which it can salvage a value of Rs.30,0...
According to section 10 of Indian Contract Act, 1872, which of the following is not regarded as the essential elements of a valid contract?
Which of the following is shown under investing activities in the cash flow statement ?
A company reports the following data for the year:
• Net Profit before tax and extraordinary items: ₹12,00,000
• Depreciation: ₹2,...
As per government procurement policy, Central Public Sector Enterprises (CPSEs) are required to procure what minimum percentage of their purchases from ...
Contribution is calculated as:
