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News Digest: Ola raises $1 bn, GST rates relaxed for fuel sector, and more

From EAC-PM batting for fiscal consolidation to Aditya Birla Group set to exit from fertilizer business, BS brings you up to date with latest news

News Digest
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BS Web Team New Delhi
Ola raises $1.1 bn from Tencent, SoftBank; to boost business, take on Uber
 
With this money, it intends to beef up its technology investments, expand supply, and ensure it maintains a lead over rival Uber. Read more
 
E-commerce fund-raise may take a break now as firms prepare for payback
 
The next mega round of fund-raising in the Indian e-commerce sector is unlikely anytime before the second half of 2019, industry watchers are suggesting. Read more
 
PM Modi's economic panel bats for fiscal consolidation
 
The newly constituted Economic Advisory