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The NIA is now investigating their funding and whereabouts over the past 4 years. In mid-March, IIFL had said it might increase up to 15 billion rupees through a rights concern, which provides preferential therapy to present shareholders, but had not finalised the quantity. Elon Musk will meet Modi on Monday during his India trip, when the billionaire is predicted to unveil his plans to enter the world’s third-largest auto market where electric car adoption continues to be in its infancy. The re-vote comes forward of subsequent week’s quarterly earnings for Tesla, which is grappling with weak demand as well…
