mispricing

The sudden collapse of California-based Silicon Valley Bank has impacted several Indian startups. Now the central government is planning to meet representatives from these startups after the firms had requested for an intervention, top officials told ET.This and more in today’s ETtech Morning Dispatch.Also in this letter: ■ EV makers meet Govt officials over mispricing allegations■ Stakeholders in favour of keeping the safe harbour in Digital India Bill■ How Indian IT firms are leveraging Generative AIIndian government to…

Representatives of electric vehicle makers Ola Electric, Ather Energy, TVS Motors and Hero MotoCorp have met with government officials to defend themselves following recent whistleblower allegations that they are mispricing their products to avail subsidy, people aware of the matter said.These EV makers had responded to an emailed communication sent by testing agency Automotive Research Association of India (ARAI) seeking clarification if they billed their chargers and add-on software upgrade separately to avail sops…