Hyundai-Kia’s $300 Mn investment in Ola finally receives CCI nod

Hyundai and Kia Motors’ $300 million investment plan in ride-hailing juggernaut Ola has finally received a green signal from the Competition Commission of India (CCI). The antitrust watchdog has approved the acquisition of shares in Ola’s parent entity, ANI Technologies & Ola Electric by Hyundai Motor and its affiliate Kia Motors subjected to compliance of modifications. With the collaboration, most of the new investment will be infused into ANI Technologies. Furthermore, Hyundai and Kia will take a minority stake in Ola Electric. This investment round may also witness participation from Microsoft and…

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S Korea’s Mirae to enter India’s investment banking with $300 million

MUMBAI: South Korea’s Mirae will invest $300 million to set up investment banking operations in India and compete with established leaders like JM Capital, Kotak and ICICI Securities. The Indian operations of Mirae Asset Capital Markets India will be headed by Benedict Ryu, and supported by Aditya Loonkar, a former senior executive of Investec, and Anshul Mittal, a former senior executive from Tata Capital. Loonkar, who was heading fixed income at Investec and Mittal, who was heading M&A advisory at Tata Capital, will be co-heads of investment banking. Prior to this, Benedict Ryu was in charge…

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The NSW Department of Education commissioned a $300,000 scripture review, but rejects its major findings | poll

THE NSW Department of Education has rejected major recommendations of a $300,000 taxpayer-funded review of scripture in NSW schools, including the need for more information on scripture providers to “identify radical groups or cults”. The 238-page review, completed in 2015 but not released until Tuesday, found scripture providers did not “consistently produce good quality curricula from an educational perspective”, the system of authorising scripture providers lacked transparency, and some scripture teachers were using authorised, but age-inappropriate materials, while others used non-authorised materials. The review found the Department of Education and scripture providers…

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Coronary Artery Disorder Up with the aid of 300 In keeping with Cent in India: Professional

ecades, with two to six According to cent of the affected humans living in rural India and 4 to 12 In line with cent in city India, said a main heart specialist. “Indians have the very best mortality and morbidity costs from CAD as compared to any other ethnic organization,” said Thomas Alexander at the inaugural ST Elevation Myocardial Infarction (STEMI) India 2016 Conference. “It is now projected that the wide variety of Indians with CAD is above 60 million of which 23 million is under the age of 40…

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