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Tata Motors on Wednesday expanded its electric vehicle range by launching Nexon EV MAX, priced between Rs 17.74 and Rs 19.24 lakh. Equipped with a 40.5 kWh lithium-ion battery pack, the car offers 33% higher battery capacity than the Nexon EV and ARAI certified range of 437 km. PTI
Chandigarh-based Ethos’ IPO to open on May 18
Luxury and premium watch retail player Ethos on Wednesday said it has fixed a price band of Rs 836-878 a share for its Rs 472-crore initial public offering (IPO), which will open for subscription on May 18. The three-day share-sale will conclude on May 20, the company announced in a virtual press conference. It opened its first luxury retail store in January 2003 at Chandigarh. PTI
Uber to recruit 500 techies by December
Uber Technologies on Wednesday announced a fresh round of recruitment for its tech centres in the country, outlining plans to hire 500 more techies by December. Uber has a 1,000-member tech team across its centres in Hyderabad and Bengaluru. PTI
Venus Pipes’ public offer subscribed 2.37 times
The IPO of Venus Pipes and Tubes was fully subscribed within the first few hours of opening on Wednesday. It closed with 2.37 times subscription. The IPO had a price range of Rs 310-326 per share. Earlier, the company had collected over Rs 49 crore from anchor investors.