Ola Electric shares fell over 6% after the company reported a 39% YoY decline in September-quarter revenu ...More

Ola Electric shares fell over 6% after the company reported a 39% YoY decline in September-quarter revenue to Rs 421 crore, despite narrowing its consolidated net loss to Rs 362 crore. Sequentially, losses widened and revenue declined 7.5%. The stock slipped to Rs 33.48 on the NSE as investors weighed the weak revenue performance and profitability trends. ...Less

Central Consumer Protection Authority has fined Ola's parent company ANI Technologies Rs 10 lakh for soli ...More

Central Consumer Protection Authority has fined Ola's parent company ANI Technologies Rs 10 lakh for soliciting advance tips and add-on payments before cab confirmation. The regulator found that Ola's own data showed lower driver acceptance rates for rides with add-ons and ordered the company to discontinue the prompts. ...Less

Ola Electric shares have rallied 9% in two sessions, adding over Rs 1,400 crore to the company's market v ...More

Ola Electric shares have rallied 9% in two sessions, adding over Rs 1,400 crore to the company's market value after the Centre made EVs its preferred choice for government staff-car procurement. Investors are now awaiting the electric two-wheeler maker's Q2 results for signs of a recovery in its business. ...Less

Ola Electric Q2 Results: The electric two-wheeler maker's revenue from operations fell 39% year-on-year ( ...More

Ola Electric Q2 Results: The electric two-wheeler maker's revenue from operations fell 39% year-on-year (YoY) to Rs 421 crore from Rs 690 crore in the year-ago quarter. ...Less

The bottleneck is not Ola's own plant, which Aggarwal said in his post already has high installed capacit ...More

The bottleneck is not Ola's own plant, which Aggarwal said in his post already has high installed capacity, but its suppliers. About 5,000 vehicles with paid orders in September were delayed by a week into October because chargers were unavailable. ...Less

Ola Electric Mobility is experiencing high demand for its electric two-wheelers, causing supply constrain ...More

Ola Electric Mobility is experiencing high demand for its electric two-wheelers, causing supply constraints. The company plans to ramp up production to approximately 25,000 vehicles by December. Despite these plans, recent losses were reported along with a decline in consolidated revenue from operations. Ola Electric has significantly reduced its borrowings and expects to generate free cash flow soon. ...Less

The company said it has stopped taking orders from its direct-to-consumer stores on Nov 1, and plans to c ...More

The company said it has stopped taking orders from its direct-to-consumer stores on Nov 1, and plans to close them by December. The company, which had announced a pivot to a dealership model in August, now has 255 dealer partners operating over 300 stores, it said in its letter to shareholders. ...Less

Ola Electric reported ₹421 crore in revenue for the September quarter, marking a 39% decrease from last y ...More

Ola Electric reported ₹421 crore in revenue for the September quarter, marking a 39% decrease from last year. The company ceased orders from direct-to-consumer stores as it shifts to a dealership model. Ola now has 255 dealer partners with over 300 stores to boost sales and reduce operating costs. Their net loss narrowed to ₹362 crore, despite lower vehicle registrations affecting their business. ...Less

Electric mobility stocks rallied on Wednesday after the Centre made EVs the default choice for government ...More

Electric mobility stocks rallied on Wednesday after the Centre made EVs the default choice for government staff-car procurement and doubled the price ceiling for electric cars to Rs 20 lakh. M&M led the gains, followed by Ola Electric, Hyundai Motor India and TVS Motor Company. ...Less

MeitY is reviewing the practice of collecting first-person video and sensor data from gig workers to trai ...More

MeitY is reviewing the practice of collecting first-person video and sensor data from gig workers to train physical AI models. This and more in today’s ETtech Top 5. ...Less

The Nifty ended marginally higher on Thursday, with analysts identifying 25,000–25,150 as the immediate s ...More

The Nifty ended marginally higher on Thursday, with analysts identifying 25,000–25,150 as the immediate support zone and 25,400–25,500 as resistance. Meanwhile, Vodafone Idea, M&M, Ola Electric, IRCTC, Oil India and Zee Entertainment are among the stocks likely to remain in focus on Friday amid earnings and company-specific developments. ...Less

Happy Friday! MeitY is examining how home services platforms collect household data to train physical AI ...More

Happy Friday! MeitY is examining how home services platforms collect household data to train physical AI models.This and more in today’s ETtech Morning Dispatch. ...Less

Senior government officials said Karnataka has granted Green SM an aggregator licence under the Karnataka ...More

Senior government officials said Karnataka has granted Green SM an aggregator licence under the Karnataka On-demand Transportation Technology Aggregators Rules, 2016, after the company fulfilled all regulatory requirements. ...Less

Lenskart saw returns of $273 million, the highest among the Vision funds' listed investments, while Meesh ...More

Lenskart saw returns of $273 million, the highest among the Vision funds' listed investments, while Meesho gained $121 million, according to SoftBank's earnings presentation released on Tuesday. The gains come as SoftBank continues to monetise its Indian investments, having sold shares worth more than Rs 9,300 crore in Lenskart and Meesho since June. ...Less

The investor also sold rights entitlements to subscribe to an additional 1.12 crore shares, according to ...More

The investor also sold rights entitlements to subscribe to an additional 1.12 crore shares, according to a disclosure filed with the stock exchanges. Ola Electric is in the process of raising Rs 1,000 crore through a rights issue of partly paid-up equity shares. ...Less

The rights issue, which opened on Thursday, will close on October 30. Shareholders could sell or transfer ...More

The rights issue, which opened on Thursday, will close on October 30. Shareholders could sell or transfer their rights entitlement in the market until October 26. The company finalised the terms of the issue earlier this month, setting the price at Rs 27 per share, a 26% discount to its market value. ...Less

Eight Nifty500 stocks gained over 3% and closed above their respective 200-day moving averages on Novembe ...More

Eight Nifty500 stocks gained over 3% and closed above their respective 200-day moving averages on November 12, according to StockEdge’s technical scan, signalling a potential shift in their price trends. ...Less

A woman has described an uncomfortable bike taxi ride after a Rapido rider arrived on a KTM motorcycle. A ...More

A woman has described an uncomfortable bike taxi ride after a Rapido rider arrived on a KTM motorcycle. Although she initially refused to travel on the bike, she agreed after the rider said it was his first ride and insisted on accepting payment only after dropping her at the destination. She said the experience made her decide against booking similar rides again. ...Less

MSTC shares hit the 20% upper circuit after the state-owned company reported its strongest second-quarter ...More

MSTC shares hit the 20% upper circuit after the state-owned company reported its strongest second-quarter performance since listing, with consolidated profit after tax rising 57.7% YoY to Rs 74.92 crore. Revenue from operations grew 29.4% to Rs 110.02 crore. The stock also gained after receiving in-principle RBI approval to operate a TReDS platform. ...Less

SoftBank sold nearly 28% of its Ola Electric rights entitlements over two sessions as the company launche ...More

SoftBank sold nearly 28% of its Ola Electric rights entitlements over two sessions as the company launched a Rs 1,000-crore rights issue. Meanwhile, Motilal Oswal entities applied for 2.39 crore shares amid declining revenue and persistent losses. ...Less

The MSCI Asia Pacific Index rose 0.3%, led by gains in South Korea. US equity futures also advanced, with ...More

The MSCI Asia Pacific Index rose 0.3%, led by gains in South Korea. US equity futures also advanced, with Nasdaq 100 contracts up 0.6% and those for the S&P 500 gaining 0.4% after both underlying benchmarks fell Thursday. Nvidia, the company at the heart of the AI boom, dropped 4.3% after Chief Executive Officer Jensen Huang was ousted. ...Less

Zee Entertainment has approved a Rs 600 crore share buyback at Rs 91 per share, a 24% premium over its la ...More

Zee Entertainment has approved a Rs 600 crore share buyback at Rs 91 per share, a 24% premium over its latest NSE closing price. The company will repurchase up to 6.59 crore shares through the tender offer route, with November 25 fixed as the record date. Promoters will not participate. ...Less

Mercedes-Benz plans to increase its local manufacturing efforts while expanding its supplier base in Indi ...More

Mercedes-Benz plans to increase its local manufacturing efforts while expanding its supplier base in India. The luxury carmaker expects to achieve record annual sales if the current trend continues. Ola Kallenius, the global chairman, highlighted the potential for Indian suppliers to support global operations. The company has committed an additional investment of ₹200 crore, raising total investments to ₹3,200 crore. ...Less

Indian benchmark indices closed higher on November 12, with Nifty gaining 44 points and Sensex rising 32 ...More

Indian benchmark indices closed higher on November 12, with Nifty gaining 44 points and Sensex rising 32 points. Investors tracked October inflation data, foreign fund flows and global cues amid mixed US and European market performance. ...Less

The Bengaluru-based company is averaging around 8.3 million orders a day across its services, making it o ...More

The Bengaluru-based company is averaging around 8.3 million orders a day across its services, making it one of India’s largest consumer internet platforms by transaction volumes. Ride-hailing continues to comprise more than 95% of the company’s daily average orders. ...Less

Indian benchmark indices have extended their winning streak, closing positively after the Muhurat trading ...More

Indian benchmark indices have extended their winning streak, closing positively after the Muhurat trading session. Key stocks such as life insurance companies and Tata Power reported notable quarterly earnings results. HDFC Life and LIC showed healthy premium growth, while Tata Power recorded a record profit in Q2 FY27. Other companies like Cupid and Mishra Dhatu Nigam also reported impressive profit increases during the quarter. ...Less

Diwali spending fuelled a surge in UPI transactions, with both payment volumes and values rising. This an ...More

Diwali spending fuelled a surge in UPI transactions, with both payment volumes and values rising. This and more in today’s ETtech Top 5. ...Less

Ola Electric shares fell sharply on Friday after Goldman Sachs downgraded the stock to Sell from Neutral ...More

Ola Electric shares fell sharply on Friday after Goldman Sachs downgraded the stock to Sell from Neutral and cut its target price to Rs 23, implying a 28% downside. The brokerage lowered its FY27-FY29 revenue estimates by up to 10%, citing prolonged operating losses and challenges in sustaining market share. ...Less

TVS Motor retained its leadership in October, nearly doubling registrations to 60,433 units and expanding ...More

TVS Motor retained its leadership in October, nearly doubling registrations to 60,433 units and expanding its market share to 27% from 20.6% in the same month last year. Hero MotoCorp also gained ground, with its share rising to 13.4% from 10.9%, while Bajaj Auto maintained its market share at nearly 22%. ...Less

Motilal Oswal Financial Services and Calliope Capital Advisors have put in their bids for shares in Ola E ...More

Motilal Oswal Financial Services and Calliope Capital Advisors have put in their bids for shares in Ola Electric Mobility's latest rights issue, which is set to raise Rs 1,000 crore by offering partly paid-up shares at Rs 27 each. The rights issue commenced on Thursday and will conclude on October 30, with crucial payment details outlined. ...Less

Indian equities rallied nearly 2%, with Sensex gaining 1,225 points and Nifty rising 370 points. Falling ...More

Indian equities rallied nearly 2%, with Sensex gaining 1,225 points and Nifty rising 370 points. Falling crude prices, renewed FII buying, resilient earnings and expectations of LTCG tax changes boosted sentiment, adding nearly Rs 4 lakh crore to market capitalisation. ...Less

A car can change its engine and still look almost the same. It can also keep the same engine and look so ...More

A car can change its engine and still look almost the same. It can also keep the same engine and look so different that buyers happily pay more for it. That is the peculiar corner of the automobile industry this story explores. For one listed supplier, the shift to EVs may be less threatening than it sounds. The bigger question is whether changing consumer preferences can help it build a more valuable business. ...Less

Happy Wednesday! Cognizant has held discussions to invest in homegrown AI startup Sarvam. This and more i ...More

Happy Wednesday! Cognizant has held discussions to invest in homegrown AI startup Sarvam. This and more in today’s ETtech Morning Dispatch. ...Less

Indian stock markets surged nearly 2% on November 2, with Sensex gaining 1,233 points and Nifty rising 38 ...More

Indian stock markets surged nearly 2% on November 2, with Sensex gaining 1,233 points and Nifty rising 388 points. Falling crude oil prices, strong corporate earnings, positive global cues and foreign investor buying boosted sentiment. ...Less

Happy Monday! Fintechs are stepping up security as AI-powered cyberattacks become more sophisticated. Thi ...More

Happy Monday! Fintechs are stepping up security as AI-powered cyberattacks become more sophisticated. This and more in today’s ETtech Morning Dispatch. ...Less

As long as a stock's price remains above its 200-day moving average on the daily timeframe, it is general ...More

As long as a stock's price remains above its 200-day moving average on the daily timeframe, it is generally interpreted as being in an overall uptrend. ...Less

Sensex and Nifty ended the week up about 0.5%, supported by resilient large-cap, IT and healthcare stocks ...More

Sensex and Nifty ended the week up about 0.5%, supported by resilient large-cap, IT and healthcare stocks. However, midcap and smallcap indices fell as much as 2% amid rising crude oil prices, inflation concerns and a global technology sell-off. ...Less

Sensex and Nifty closed marginally lower as elevated crude oil prices and Fed uncertainty tempered sentim ...More

Sensex and Nifty closed marginally lower as elevated crude oil prices and Fed uncertainty tempered sentiment. Smallcaps surged over 2%, midcaps gained over 1%, and market breadth favoured bulls, with 2,455 NSE stocks advancing. ...Less

byteXL has appointed four senior executives across operations, business, strategy and finance as it prepa ...More

byteXL has appointed four senior executives across operations, business, strategy and finance as it prepares to scale its institutional network from 40 to 120 colleges and reach 500,000 students over the next two years. The company is also expanding programmes in AI, GCCs, electric vehicles, semiconductors and precision engineering as it shifts towards a deeper technology focus. ...Less

Indian equities rallied over 1% on Thursday as the Federal Reserve held interest rates steady, crude pric ...More

Indian equities rallied over 1% on Thursday as the Federal Reserve held interest rates steady, crude prices eased and institutional buying strengthened sentiment. Sensex gained 905 points, while Nifty rose 238 points, adding nearly ₹5 lakh crore in market value. ...Less

The round, comprising equity and debt, comes nearly eight months after the Bengaluru-based company raised ...More

The round, comprising equity and debt, comes nearly eight months after the Bengaluru-based company raised an undisclosed amount from South Park Commons and OneFlow Holdings, Shashank’s family office. Cent did not disclose its valuation or the equity-debt split. ...Less

Indian markets closed lower on Wednesday as rising crude oil prices and Middle East tensions hurt sentime ...More

Indian markets closed lower on Wednesday as rising crude oil prices and Middle East tensions hurt sentiment. Sensex fell 353 points to 73,246, while Nifty slipped 51 points to 22,699 despite a late recovery. ...Less

Swiggy continued on its growth trajectory while bringing down losses in Q2FY27. This and more in today’s ...More

Swiggy continued on its growth trajectory while bringing down losses in Q2FY27. This and more in today’s ETtech Top 5. ...Less

In the last two trading sessions, smallcap stocks have experienced an impressive resurgence, with certain ...More

In the last two trading sessions, smallcap stocks have experienced an impressive resurgence, with certain stocks posting significant gains. As investors weigh their options, they face the decision of whether to capitalize on this upswing or secure profits amidst growing caution. Technical analysts identify critical resistance levels, foreseeing possible pullbacks. They recommend partial profit-taking at these points while also highlighting several stocks with promising recovery signs for potential purchases. ...Less

SBI Securities’ Sudeep Shah expects continued weakness in Indian equities as FII positioning, rising vola ...More

SBI Securities’ Sudeep Shah expects continued weakness in Indian equities as FII positioning, rising volatility and technical indicators point to further pressure. He identifies key Nifty support and resistance levels and flags IT as a relatively stronger sector. ...Less

E-scooters account for close to 20% of new scooter sales in India, while electric motorcycles make up les ...More

E-scooters account for close to 20% of new scooter sales in India, while electric motorcycles make up less than 1% of new motorcycle sales, he added. He expects electric motorcycle adoption to pick up as more manufacturers introduce products, similar to the increase seen in e-scooter penetration over the past three years. ...Less

Happy Friday! Swiggy reported a rise in revenue in Q2 FY27 while cutting its losses. This and more in tod ...More

Happy Friday! Swiggy reported a rise in revenue in Q2 FY27 while cutting its losses. This and more in today’s ETtech Morning Dispatch. ...Less

Smallcap and midcap stocks plunged up to 4% on Friday, extending a sharp weekly selloff as analysts warne ...More

Smallcap and midcap stocks plunged up to 4% on Friday, extending a sharp weekly selloff as analysts warned that valuations remain difficult to justify. The Nifty Smallcap 250 index has fallen around 8% this week, while the Nifty Midcap 100 is down 6%, despite a resilient earnings growth outlook. ...Less

eMudhra will exit its global SSL/TLS certificate business following a security incident involving comprom ...More

eMudhra will exit its global SSL/TLS certificate business following a security incident involving compromised private keys linked to eight intermediate Certificate Authority certificates. The segment contributes about 1% of its global revenue. The development follows a sharp 37% decline in eMudhra shares over the previous two trading sessions. ...Less

The startup plans to use the capital to strengthen product development, expand into new categories, inves ...More

The startup plans to use the capital to strengthen product development, expand into new categories, invest in technology and brand building, and scale up distribution. ...Less

Vodafone Idea Ltd has appointed Manoj Murali as its new Chief Operating Officer, effective October 19. Ma ...More

Vodafone Idea Ltd has appointed Manoj Murali as its new Chief Operating Officer, effective October 19. Manoj Murali brings over 25 years of experience in the telecom sector, having worked with companies like Reliance Jio and Bharti Airtel. He was most recently the Chief Business Officer at Ola Electric and has diverse operational expertise. ...Less

The Insurance Regulatory and Development Authority of India granted the subsidiary a certificate of regis ...More

The Insurance Regulatory and Development Authority of India granted the subsidiary a certificate of registration on October 15 to act as a corporate agent (composite), Ather Energy said in a stock exchange filing on Thursday. The registration covers life, general and health insurance. ...Less

The Bhavish Aggarwal-led company last week fixed the issue price for its rights issue at Rs 27 per equity ...More

The Bhavish Aggarwal-led company last week fixed the issue price for its rights issue at Rs 27 per equity share, around 23% lower than the stock’s previous closing price of Rs 35.13 apiece on NSE, with the amount payable in two calls. ...Less

Heat storms have increased dramatically, causing severe global consequences including excess deaths and e ...More

Heat storms have increased dramatically, causing severe global consequences including excess deaths and environmental catastrophes. Recent heat storms have been identified as a new classification, representing larger and more persistent heat events. The intensity of these heat storms has worsened due to climate change and greenhouse gas emissions. Associated weather patterns have significantly disrupted ecosystems and agriculture worldwide. ...Less

The San Francisco and Bengaluru based company, which emerged from stealth, will use the capital to build ...More

The San Francisco and Bengaluru based company, which emerged from stealth, will use the capital to build out its robot fleet and conduct customer pilots, including with two of the largest drywall finishing contractors in the US. Further pilots are planned in Germany, Sweden, France and Saudi Arabia. ...Less

Latest financials reported by Snabbit and Urban Company on Friday point to heavy cash burn in the race to ...More

Latest financials reported by Snabbit and Urban Company on Friday point to heavy cash burn in the race to deliver household services within 10 minutes. This and more in today’s ETtech Top 5. ...Less

Around 14 companies, including TCS, Vedanta and Ola Electric Mobility, have key corporate action dates sc ...More

Around 14 companies, including TCS, Vedanta and Ola Electric Mobility, have key corporate action dates scheduled between October 12 and 16. The announcements cover dividends, bonus issues, rights issues, stock splits and share consolidations. ...Less

Ola Electric has announced a rights issue price of Rs 27 per share, significantly below its market value, ...More

Ola Electric has announced a rights issue price of Rs 27 per share, significantly below its market value, aiming to garner up to Rs 1,000 crore. Investors will pay 60% of this amount upfront, with the remainder due later. Chairman Bhavish Aggarwal intends to fully subscribe to his portion, using a pledged stake. This funding could ease debt burdens and assist the company in achieving cash breakeven. ...Less

The company's board approved the terms of the rights issue at its meeting held on Wednesday, October 7, f ...More

The company's board approved the terms of the rights issue at its meeting held on Wednesday, October 7, following the in-principle approvals received from BSE and NSE on October 6. ...Less

The company’s board approved the terms on Wednesday, a week after it had announced plans to raise up to R ...More

The company’s board approved the terms on Wednesday, a week after it had announced plans to raise up to Rs 1,000 crore through a rights issue without finalising the price and other key terms. ...Less

The company last week declared the interim dividend, which marks its first payout since the stock adjuste ...More

The company last week declared the interim dividend, which marks its first payout since the stock adjusted for its mega demerger earlier this year. The total dividend payout will be Rs 1,955 crore. Vedanta is closely watched by investors for its consistent track record of dividend payments. ...Less

Indian equities fell as the Reserve Bank of India increased the repo rate by 25 basis points. The Nifty 5 ...More

Indian equities fell as the Reserve Bank of India increased the repo rate by 25 basis points. The Nifty 50 closed down 0.76%, facing resistance at the 22,800 level. Key corporate developments regarding Adani Enterprises, Tata Consultancy Services, Ola Electric, and HCL Tech will be in focus. Other companies like Jubilant FoodWorks and Bank of Baroda also reported significant updates. ...Less

Indian benchmark indices reversed early gains on Monday, with the Sensex falling 548 points and the Nifty ...More

Indian benchmark indices reversed early gains on Monday, with the Sensex falling 548 points and the Nifty closing below 22,400 amid persistent FII selling, rising bond yields and geopolitical concerns. Investors will track key stocks, global cues, crude oil prices, inflation data and earnings expectations for Tuesday’s market direction. ...Less

Last week, Ola Electric’s board approved a rights issue of partly paid-up equity shares to raise up to Rs ...More

Last week, Ola Electric’s board approved a rights issue of partly paid-up equity shares to raise up to Rs 1,000 crore. The board is yet to finalise key terms of the issue, including the total number of shares, issue price, timing and payment terms. ...Less

The company had said in a separate filing on Sunday that CEO Bhavish Aggarwal pledged a 4.32% stake in th ...More

The company had said in a separate filing on Sunday that CEO Bhavish Aggarwal pledged a 4.32% stake in the company to participate in the rights issue. ...Less

Sensex and Nifty snapped their eight-week losing streak on Friday, surging over 1% as IT stocks rallied a ...More

Sensex and Nifty snapped their eight-week losing streak on Friday, surging over 1% as IT stocks rallied and crude prices eased. The rebound added more than Rs 4 lakh crore to BSE-listed companies’ market capitalisation, while positive market breadth favoured bulls. ...Less

Happy Monday! The Economic Times Startup Awards (ETSA) 2026 ceremony brought together the country’s top f ...More

Happy Monday! The Economic Times Startup Awards (ETSA) 2026 ceremony brought together the country’s top founders, investors, and policymakers in Bengaluru for a Friday evening of sharp insights and spirited conversations. ...Less

Happy Monday! Menlo Ventures, an early Anthropic backer, says the real AI constraint is compute, not a sl ...More

Happy Monday! Menlo Ventures, an early Anthropic backer, says the real AI constraint is compute, not a slowdown in frontier models. This and more in today's ETtech Morning Dispatch. ...Less

Happy Thursday! Groww is betting its newer businesses will take a bigger slice of its income. This and mo ...More

Happy Thursday! Groww is betting its newer businesses will take a bigger slice of its income. This and more in today’s ETtech Morning Dispatch. ...Less

As competition intensifies, SoftBank Group and fellow investors in Ola are grappling with a substantial r ...More

As competition intensifies, SoftBank Group and fellow investors in Ola are grappling with a substantial reduction in their holdings' valuations. Ola Cabs is increasingly losing ground to competitors like Rapido and Uber, alongside a notable decline in Ola Electric's electric two-wheeler market share. While the company confronts financial hurdles and operational setbacks, a number of investors successfully realized returns through strategic share sales prior to value drops. ...Less

The Supreme Court has mandated enhanced beat patrolling in Delhi, particularly near educational instituti ...More

The Supreme Court has mandated enhanced beat patrolling in Delhi, particularly near educational institutions. It emphasized strict verification of drivers and assistants in public transport vehicles to increase safety. Additionally, the Court called for monitoring through dedicated control room command centres for effective crime response. Citizens are encouraged to report grievances, and regular engagement meetings will be instituted by the police. ...Less

Indian markets plunged on Thursday as RBI policy tightening, persistent FII selling, rising bond yields a ...More

Indian markets plunged on Thursday as RBI policy tightening, persistent FII selling, rising bond yields and rupee weakness battered sentiment. The Nifty hit a 52-week low of 22,179, while the Sensex fell 1,045 points, wiping out over Rs 10 lakh crore. ...Less

Aiming to elevate its electric vehicle fleet from 105 to 300 by the close of the financial year, Trev Mob ...More

Aiming to elevate its electric vehicle fleet from 105 to 300 by the close of the financial year, Trev Mobility is in the process of raising $2 million, having almost reached $1 million in funding thus far. With its fleet comprising deluxe electric vehicles, Trev offers distinct services outside mainstream ride-hailing markets. ...Less

Indian markets ended lower on Wednesday as the Sensex fell 429 points and Nifty dropped over 173 points, ...More

Indian markets ended lower on Wednesday as the Sensex fell 429 points and Nifty dropped over 173 points, snapping a two-session rally. Investors reacted to the RBI’s rate hike and calibrated tightening stance, while banking stocks gained and broader sentiment remained cautious. ...Less

The recent electoral success of the Alternative for Germany party has alarmed many migrants in Saxony-Anh ...More

The recent electoral success of the Alternative for Germany party has alarmed many migrants in Saxony-Anhalt. Many families are reconsidering their future in Germany due to rising hostility. Ola Akhras and her husband are contemplating returning to Syria because they feel unwelcome. Mohamad Aldabagh intends to stay and contribute, despite facing discrimination. The situation raises concerns about the treatment of migrants amid increasing anti-immigrant sentiment. ...Less

Indian equities extended their rebound for a second session, with Sensex rising 685 points and Nifty gain ...More

Indian equities extended their rebound for a second session, with Sensex rising 685 points and Nifty gaining over 220 points. Falling crude prices, strong Q2 business updates and positive global cues lifted investor sentiment, adding nearly Rs 5 lakh crore to BSE market capitalisation. ...Less

The issue will be offered to eligible shareholders as of a record date, which will be announced later, th ...More

The issue will be offered to eligible shareholders as of a record date, which will be announced later, the filing said. The board is yet to finalize key terms of the issue, including the total number of shares, issue price, timing, and payment terms. ...Less

An ET analysis of National Stock Exchange (NSE) and BSE block and bulk deal disclosures across 18 new-age ...More

An ET analysis of National Stock Exchange (NSE) and BSE block and bulk deal disclosures across 18 new-age companies shows sales by investors including Japan’s SoftBank group and venture capital firms Peak XV Partners, Elevation Capital and Accel. ...Less

Sensex and Nifty extended losses for a fourth session as heavy FII selling, surging bond yields and eleva ...More

Sensex and Nifty extended losses for a fourth session as heavy FII selling, surging bond yields and elevated crude prices rattled investors. The selloff erased Rs 5 lakh crore in market value, while analysts advised long-term investors to accumulate gradually. ...Less

E2W registrations rose 7.7% month-on-month to 1.97 lakh units in September, taking cumulative registratio ...More

E2W registrations rose 7.7% month-on-month to 1.97 lakh units in September, taking cumulative registrations in January-September to 15.61 lakh units, according to Vahan vehicle registration data, a proxy for sales. In comparison, in 2025, EV two-wheeler makers sold a total of 9.61 lakh units during the same period. ...Less

Ola Electric shares fell sharply on Friday, snapping a four-day winning streak as investors assessed the ...More

Ola Electric shares fell sharply on Friday, snapping a four-day winning streak as investors assessed the EV maker’s proposed rights issue and ongoing funding needs. Despite a recent recovery, the stock remains well below its peak. Brokerages including Citi and Kotak continue to maintain bearish views, citing operational and cash-burn concerns. ...Less

The Delhi High Court initiated a plea for improved safety measures for women using app-based cab services ...More

The Delhi High Court initiated a plea for improved safety measures for women using app-based cab services. Authorities and ride-hailing companies are required to respond to safety concerns about driver verification and emergency protocols. The court emphasized the need for a 24x7 Command and Control Centre to address passenger emergencies effectively. Furthermore, the court demanded mandatory training for cab drivers on gender sensitivity and appropriate conduct. ...Less

Shares of Ola Electric surged by 2.5% after a streak of five days of increases, yet they remain below pre ...More

Shares of Ola Electric surged by 2.5% after a streak of five days of increases, yet they remain below previous peaks. The company has earned incentives of Rs 536.3 crore under the PLI scheme. Additionally, Ola Electric is set to raise Rs 1,500 crore and shift to a dealership approach. ...Less

Happy Tuesday! Meet our distinguished guest of honour for The Economic Times Startup Awards 2026. This an ...More

Happy Tuesday! Meet our distinguished guest of honour for The Economic Times Startup Awards 2026. This and more in today’s ETtech Morning Dispatch. ...Less

Ola Electric shares surged nearly 10%, extending their three-session rally and gaining over 86% in six mo ...More

Ola Electric shares surged nearly 10%, extending their three-session rally and gaining over 86% in six months from the March low. Brokerages, however, remain cautious amid weak volumes, lower margins and continued cash burn. ...Less

The proposed fundraise, which will be subject to regulatory and statutory approvals, comes weeks after th ...More

The proposed fundraise, which will be subject to regulatory and statutory approvals, comes weeks after the company’s board okayed plans to raise up to Rs 1,500 crore through equity shares and other securities. ...Less

Happy Thursday! Demi-fine jewellery brand Palmonas is betting on offline stores, cofounder Pallavi Mohadi ...More

Happy Thursday! Demi-fine jewellery brand Palmonas is betting on offline stores, cofounder Pallavi Mohadikar said. This and more in today’s ETtech Morning Dispatch. ...Less

Indian equities declined for a third straight session, with Sensex losing 49 points and Nifty falling 96 ...More

Indian equities declined for a third straight session, with Sensex losing 49 points and Nifty falling 96 points as rising bond yields weighed on sentiment. Broader markets gained, while analysts highlighted crude prices, inflation and monetary policy uncertainty. ...Less

Nifty’s indicative price plunged 2% in two seconds during the closing auction session on monthly expiry, ...More

Nifty’s indicative price plunged 2% in two seconds during the closing auction session on monthly expiry, before recovering sharply. Analysts cited crude volatility, high US Treasury yields, FII outflows, IPO fundraising and geopolitical tensions as key market pressures. ...Less

Indian equity benchmarks Sensex and Nifty ended higher on Friday, bouncing back to close at 73,896 and 23 ...More

Indian equity benchmarks Sensex and Nifty ended higher on Friday, bouncing back to close at 73,896 and 23,140.50 respectively. Geojit’s Vinod Nair cited strong domestic liquidity holding Nifty above 23,000, while elevated crude prices and persistent foreign outflows continue to cap near-term market upside ahead of Monday's trade. ...Less

As businesses navigate the AI frontier, many are embracing a blend of advanced models to address distinct ...More

As businesses navigate the AI frontier, many are embracing a blend of advanced models to address distinct needs effectively. Industry giants such as Snowflake and Nvidia are pioneering model-routing solutions, while innovative startups in India are joining the ranks. Research shows that leveraging multiple models can enhance efficiency and cut costs, though factors like language quality and security challenges impede progress. ...Less

Indian equities plunged on Monday as the Sensex fell 1,124 points and Nifty dropped over 360 points, wipi ...More

Indian equities plunged on Monday as the Sensex fell 1,124 points and Nifty dropped over 360 points, wiping out nearly Rs 8 lakh crore in market value. Surging oil prices, bond yields, geopolitical tensions and rate-hike concerns drove broad-based selling. ...Less

Mehli K Mistry has decided not to seek re-election as a trustee of the Tata Medical Centre Trust. His cur ...More

Mehli K Mistry has decided not to seek re-election as a trustee of the Tata Medical Centre Trust. His current term is set to end on September 30, 2026, marking a significant transition. Mistry previously stepped down from various key Tata trusts and companies amid structural changes. He emphasized the importance of transparency and good governance, adhering to Ratan Tata's vision. ...Less

Indian equities closed higher on Wednesday, with Sensex gaining 299 points and Nifty rising 118 points as ...More

Indian equities closed higher on Wednesday, with Sensex gaining 299 points and Nifty rising 118 points as crude prices eased below $99. Broader markets outperformed, while metals and banking stocks led gains amid stronger domestic growth signals and positive market breadth. ...Less

Indian equities suffered a sharp selloff, with Sensex plunging 1,248 points and Nifty falling 1.6% as US ...More

Indian equities suffered a sharp selloff, with Sensex plunging 1,248 points and Nifty falling 1.6% as US Treasury yields hit 19-year highs, crude stayed above $100 and geopolitical concerns intensified. Financial stocks led losses, while market breadth remained heavily negative. ...Less

Happy Thursday! Venture capital investors are betting on the premiumisation wave wafting into Indian kitc ...More

Happy Thursday! Venture capital investors are betting on the premiumisation wave wafting into Indian kitchens. This and more in today’s ETtech Morning Dispatch. ...Less

Asian Games 2026 medal winner: Naib Subedar Salman Khan, who once drove a cab on the Delhi-Gurgaon road t ...More

Asian Games 2026 medal winner: Naib Subedar Salman Khan, who once drove a cab on the Delhi-Gurgaon road to support his family after his father's death, has won bronze in men's double sculls rowing at the Asian Games in Nagoya. Despite being afraid of water and unable to swim, he was pushed into the sport by Army coaches, overcame a last-minute change of partner just five days before the event, and finished on the podium alongside Satnam Singh ...Less

PB Fintech shares extended their sharp selloff on Friday, falling 5% after plunging 36% in the previous s ...More

PB Fintech shares extended their sharp selloff on Friday, falling 5% after plunging 36% in the previous session. Technical analysts flagged weak momentum, broken support levels and bearish indicators, while brokerages lowered targets or retained cautious views amid concerns over proposed IRDAI changes and their potential impact on Policybazaar’s earnings. ...Less

Green SM enters India with a controlled electric vehicle fleet, challenging the aggregator model. This Vi ...More

Green SM enters India with a controlled electric vehicle fleet, challenging the aggregator model. This Vietnamese company aims for a premium segment, unlike Uber and Ola's mass-market approach. BluSmart's prior electric fleet operations faced challenges after regulatory issues arose. Green SM's strategy is closely linked to VinFast, its parent automotive ecosystem. Success hinges on managing fleet costs and attracting customers to its premium electric service. ...Less