Policy Push Powers Ola Electric’s Manufacturing Ambitions
Ola Electric Mobility Ltd. has received a significant boost from the Centre, with the Ministry of Heavy Industries sanctioning ₹366.78 crore in incentives under the Production Linked Incentive (PLI) Scheme for Automobile and Auto Components. The approval, disclosed through a regulatory filing, relates to the Demand Incentive component of the PLI-Auto scheme and is tied to Ola Electric’s sales performance in FY25. The funds will be disbursed through IFCI Ltd., the scheme’s nodal agency. This endorsement strengthens Ola Electric’s position as a key player in India’s EV manufacturing push and validates its large-scale domestic production strategy amid rising competition.
Blackstone’s Federal Bank Bet Signals Confidence in Private Lenders
The Competition Commission of India’s approval for Blackstone to acquire a 9.99% stake in Federal Bank marks a major vote of confidence in India’s private banking sector. Executed via Asia II Topco XIII Pte. Ltd., the investment represents a strategic entry rather than a short-term financial play. For Federal Bank, the proposed capital infusion could strengthen its balance sheet and support long-term growth ambitions. For Blackstone, one of the world’s largest alternative asset managers, the deal deepens its exposure to India’s financial services space at a time when private lenders are gaining ground through improved governance and digital expansion.
Sunjay Kapur Estate Dispute Nears Turning Point in Delhi HC
The prolonged legal battle over the personal estate of late industrialist Sunjay Kapur has reached a crucial phase, with the Delhi High Court reserving its order on an interim injunction plea. The dispute involves Kapur’s widow, Priya Sachdev Kapur, and his mother and children from his previous marriage to actor Karisma Kapoor. Given the scale of the estate and the high-profile parties involved, the case has drawn intense public attention. The court’s impending decision is expected to shape the trajectory of the inheritance proceedings and could set important precedents in complex family estate disputes.
Gig Workers’ Nationwide Strike Puts Platform Economy Under Pressure
Delivery partners working with Swiggy, Zomato, Zepto, Blinkit, Amazon and Flipkart have announced a nationwide strike on December 25 and December 31, 2025, amplifying concerns around labour practices in India’s platform economy. Organised by multiple gig worker unions, the strike coincides with peak demand days for food delivery and e-commerce. Workers are protesting issues such as declining earnings, lack of social security, and rising performance-linked penalties. The move intensifies scrutiny on platform companies, which are increasingly under pressure from regulators, courts and workers to address sustainability and fairness in gig employment models.
Warburg Pincus, Bharti to Acquire 49% Stake in Haier India
U.S. private equity major Warburg Pincus, alongside Bharti Enterprises, is set to acquire a 49% stake in Haier India, marking a major deal in the country’s fast-growing consumer appliances market. Announced on December 24, the transaction provides Warburg Pincus and Bharti a foothold in the white goods segment, currently dominated by Samsung and LG. For Haier, the partnership could unlock capital, local expertise and faster expansion in India. The deal also highlights rising investor interest in India’s consumption-led growth story, especially in electronics and household appliances.
Rentomojo Clocks Third Straight Year of Profitability in FY25
Bengaluru-based Rentomojo has capped FY25 with its third consecutive year of profitability, underscoring the growing acceptance of subscription-based living among Indian consumers. Operating in categories such as furniture, appliances and electronics rentals, the company has demonstrated that asset-heavy models can achieve sustainable profits with disciplined execution. Rentomojo’s performance reflects improving unit economics, tighter cost controls and steady demand from urban millennials. As India’s rental and reuse economy matures, the company’s results stand out in a startup ecosystem where profitability remains elusive for many consumer-facing platforms.
