Ola Electric

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SoftBank Vision Fund II Faces Major Setbacks

SoftBank’s Vision Fund II saw a 21.7% decline in fair value of its public portfolio in Q4 FY24, largely due to falling share prices of Swiggy and Ola Electric.
Despite the downturn, SoftBank gained $218 million from its investment in...

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Ola Electric has rolled out its Roadster X motorcycle from its Futurefactory in Tamil Nadu's Krishnagiri.
The Roadster X series includes models priced between INR 84,999 to INR 1,84,999, with deliveries expected by the end of this mo...

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Ola Electric is under scrutiny for including unlaunched models in its February sales figures.
The company claimed sales of 25,000 vehicles, but only 8,600 were registered according to Vahan Portal data.
Ministry of Road Transport a...

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Ola Electric is piloting a new service called 'Hyper Delivery' in Bengaluru, offering same-day registration and delivery of escooters.
The service is expected to scale up across India in a phased manner during the ongoing quarter.
...

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Ola Electric Mobility shares rallied 4% after settling dues with Rosmerta Group.
Rosmerta Group withdrew its insolvency petition against Ola Electric Technologies.
The stock reached a high of Rs 58 on the BSE before settling at Rs ...

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Ola Electric has committed to resolving the registration backlog efficiently and maintaining transparency with customers and regulators.
The company clarified that false narratives about its February 2025 sales data are being spread,...

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Helping my ex in finding a new job

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Bhavish Aggarwal, founder of Ola Group, has mandated weekly reports from all employees, similar to Elon Musk's controversial policy.
The initiative, called 'Kya Chai Raha Hai?', requires workers to list 3-5 completed tasks each week ...

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Ola Electric is planning to lay off over 1,000 employees and contract workers to address its cash burn issues.
The company has recently shut down all its regional warehouses in favor of a more retail store-centric model, aiming to sa...

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Zomato and Jio Financial Services have joined the Nifty 50 index, replacing Bharat Petroleum Corporation and Britannia.
Zomato's competitor Swiggy has been included in various indices like Nifty Next 50, Nifty 100, and others.
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