enterprise Ola raises $50 million from Sailing Capital, CEECF The latest funding round values Ola at nearly $4.3 billion. By Fortune India
enterprise Flipkart gets fresh fund infusion from Singapore entity: report The funds come as Flipkart and Amazon gear up for battle during the festive season sales. By Fortune India
enterprise IL&FS crisis deepens with shareholders deferring bridge loan: report Group writing to government and RBI, seeking their intervention; Centre not too keen on bailout, say sources. By Fortune India
macro Government moves to stabilise rupee The rupee has fallen more than 12% so far this year. Earlier this month, Jaitley allayed fears about the fall of the rupee, saying global factors were to blame. By Fortune India
enterprise U.S. to probe Mahindra over Fiat Chrysler complaint Mahindra said Fiat Chrysler’s complaint is without merit. It said that it and its North American unit had filed a public interest statement with the ITC and had begun proceedings in a Michigan court. By Fortune India
