BMC Gets Only Two Bids for Worli Plot Auction

The BMC received only two bids for the auction of its Municipal Testing Laboratory plot in Worli, despite opposition demands to stay the auction. The base price is Rs 455 crore.

Rapido Raises $240 Million Led by Prosus

Indian bike-taxi startup Rapido has raised $240 million in a funding round led by Prosus, valuing the company at over $1 billion. The funds will be used for expansion and technology.

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