Elevation Capital V Limited sold equity shares of One97 Communications Limited (Paytm’s parent company) on the NSE and BSE for a total consideration of Rs.963.6 crore. Cyril Amarchand Mangaldas advised Elevation Capital and its affiliates as legal counsel for the transaction.
Ola Electric received a show-cause notice from the Central Consumer Protection Authority (CCPA) on October 7 due to numerous consumer complaints, primarily about service delays and vehicle defects. The company has 15 days to respond and address these grievances, facing heightened scrutiny over its service practices and product reliability.
