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Hyundai, Kia exit Ola Electric with bumper returns

Manufacturing

03 June, 2025

Hyundai, Kia exit Ola Electric with bumper returns

South Korean automobile giants Hyundai Motor Company and Kia Corporation, both subsidiaries of the Hyundai Motor Group, ......

Pro
Cab-hailing firm Ola barely manages to retain unicorn tag with latest valuation markdown

TMT

07 May, 2025

Cab-hailing firm Ola barely manages to retain unicorn tag with latest valuation markdown

Private equity-backed cab-hailing company Ola Consumer, which has been eyeing an initial public offering (IPO) following......

Ather Energy's $352-mn IPO crosses finish line on final day of bidding

Markets

30 April, 2025

Ather Energy's $352-mn IPO crosses finish line on final day of bidding

Electric scooter-maker Ather Energy's $352-million IPO reached full subscription on the final day of bidding on ......

Ola Electric unit settles dues with registration agency

TMT

25 March, 2025

Ola Electric unit settles dues with registration agency

A unit of electric scooter-maker Ola Electric has settled dues worth Rs 26.75 crore ($3.1 million) with vehicle ......

Ola Electric says government sought information on sales-registration data mismatch

Consumer

21 March, 2025

Ola Electric says government sought information on sales-registration data mismatch

India's Ola Electric Mobility said on Friday that the government has sought information from the electric two-......

Ola Electric shares hit record low as unit faces insolvency petition

Consumer

17 March, 2025

Ola Electric shares hit record low as unit faces insolvency petition

Shares of India's Ola Electric Mobility slid more than 6% to a record low on Monday after the company said ......

SoftBank-backed Ola Electric says saving about $10 mn a month from cost-cut measures

Consumer

12 March, 2025

SoftBank-backed Ola Electric says saving about $10 mn a month from cost-cut measures

India's Ola Electric has managed to save 900 million rupees ($10.3 million) a month from a cost-cutting programme it......

SoftBank-Backed Ola Electric's Q3 Loss Widens, Revenue Falls Over 19%

Consumer

07 February, 2025

SoftBank-Backed Ola Electric's Q3 Loss Widens, Revenue Falls Over 19%

India's top electric two-wheeler maker Ola Electric reported a wider quarterly loss on Friday, hurt by heavy ......

SEBI warns Ola Electric for disclosure lapses

Consumer

08 January, 2025

SEBI warns Ola Electric for disclosure lapses

India's markets regulator has warned Ola Electric against sharing company-related information on social media before......

EV maker Greaves Electric Mobility files for IPO

Consumer

24 December, 2024

EV maker Greaves Electric Mobility files for IPO

Indian electric-vehicle maker Greaves Electric Mobility plans to raise 10 billion rupees ($117.5 million) through an ......

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