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πŸ”” Vanguard Lowers Ola's Valuation to $2 Billion

Vanguard has cut its valuation of Indian ride-hailing startup Ola to approximately $2 billion as of August, down from $7.3 billion in late 2021, reflecting a significant decrease in its holdings in ANI Technologies, the parent company of Ola, following a series of prior valuation adjustments.

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πŸ”” Vanguard Lowers Ola's Valuation to $2 Billion

Vanguard has cut its valuation of Indian ride-hailing startup Ola to approximately $2 billion as of August, down from $7.3 billion in late 2021, reflecting a significant decrease in its holdings in ANI Technologies, the parent company of Ola, following a series of prior valuation adjustments.

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Russians and Ukrainians are both prolific users of Telegram. They rely on the app for channels that act as newsfeeds, group chats (both public and private), and one-to-one communication. Since the Russian invasion of Ukraine, Telegram has remained an important lifeline for both Russians and Ukrainians, as a way of staying aware of the latest news and keeping in touch with loved ones. Emerson Brooking, a disinformation expert at the Atlantic Council's Digital Forensic Research Lab, said: "Back in the Wild West period of content moderation, like 2014 or 2015, maybe they could have gotten away with it, but it stands in marked contrast with how other companies run themselves today." Following this, Sebi, in an order passed in January 2022, established that the administrators of a Telegram channel having a large subscriber base enticed the subscribers to act upon recommendations that were circulated by those administrators on the channel, leading to significant price and volume impact in various scrips. The perpetrators use various names to carry out the investment scams. They may also impersonate or clone licensed capital market intermediaries by using the names, logos, credentials, websites and other details of the legitimate entities to promote the illegal schemes. He adds: "Telegram has become my primary news source."
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