Ola Consumer valuation collapses to $70 million after Vanguard markdown

IANS | June 4, 2026 1:38 PM

New Delhi, June 4 (IANS) Ola Consumer (formerly known as Ola Cabs) has suffered a sharp valuation cut after funds managed by US investment giant Vanguard Group reduced the fair value of its parent company -- ANI Technologies -- to just $70 million, as per multiple reports.

BAPS Hindu Mandir Abu Dhabi honoured with prestigious Tolerance Award 2026

IANS | June 4, 2026 1:33 PM

Abu Dhabi, June 4 (IANS) The BAPS Hindu Mandir in Abu Dhabi has been honoured with the prestigious 'Tolerance Award 2026'. The honour recognises BAPS’ commitment to global peace and its contributions to the promotion of tolerance, mutual respect, harmony, and human unity across the globe.

Another 3 FTAs to come into effect in next 6 months: Piyush Goyal

IANS | June 4, 2026 1:29 PM

Mumbai, June 4 (IANS) Commerce and Industry Minister Piyush Goyal said on Thursday India is actively expanding its global trade network, with the Oman free trade agreement (FTA) coming into effect from June 1, and another two to three more significant FTAs are scheduled to become operational in the next six months.