Shares of Ola Electric Mobility surged 10% on Tuesday, extending a sharp rebound that has lifted the stoc ...More

Shares of Ola Electric Mobility surged 10% on Tuesday, extending a sharp rebound that has lifted the stock nearly 120% from its March low. Despite the rally, shares remain over 31% below their 52-week high and far from lifetime peak levels. Analysts see the breakout as an early trend reversal but caution that sustaining gains will require continued volume support and price stability. ...Less

Ola Electric Mobility has secured approximately Rs 780 crore through a qualified institutional placement, ...More

Ola Electric Mobility has secured approximately Rs 780 crore through a qualified institutional placement, aiming to bolster its recovery efforts and market share. The funds will be used to repay borrowings, fuel growth, and cover general corporate needs. This comes as the company navigates a challenging period marked by declining sales and market share, despite recent signs of sequential recovery. ...Less

Funds managed by US investment giant Vanguard have slashed the fair value of ride-hailing platform Ola’s ...More

Funds managed by US investment giant Vanguard have slashed the fair value of ride-hailing platform Ola’s parent, ANI Technologies, to $70 million as of February 28, according to regulatory filings with the US Securities and Exchange Commission (SEC). ...Less

Happy Friday! Ola Electric has raised fresh capital through a QIP. This and more in today's ETtech Mornin ...More

Happy Friday! Ola Electric has raised fresh capital through a QIP. This and more in today's ETtech Morning Dispatch. ...Less

The strong response came despite volatile equity markets and signals continued institutional confidence i ...More

The strong response came despite volatile equity markets and signals continued institutional confidence in Ola Electric's growth strategy, technology roadmap and positioning within India's electric vehicle sector. ...Less

Ola Electric saw a significant jump in vehicle registrations last month. May Sales increased by 23 percen ...More

Ola Electric saw a significant jump in vehicle registrations last month. May Sales increased by 23 percent compared to April. This growth outpaced the overall electric two-wheeler market. The company attributes this success to retail changes and better operations. Rising petrol prices are also encouraging more buyers to switch to electric vehicles. Ola Electric is focused on expanding electric vehicle adoption. ...Less

Ola Electric has launched a qualified institutional placement (QIP) with a floor price of Rs 37.74 per sh ...More

Ola Electric has launched a qualified institutional placement (QIP) with a floor price of Rs 37.74 per share to raise funds amidst challenges like slowing sales and shrinking market share. The company aims to navigate these issues by doubling down on localisation and vertical integration, with a focus on EV products and cell manufacturing. ...Less

Ola Electric Mobility has approved its qualified institutional placement (QIP), setting a floor price of ...More

Ola Electric Mobility has approved its qualified institutional placement (QIP), setting a floor price of ₹37.74 per equity share. This fundraising initiative aims to bolster the company amidst slowing sales and market share pressures in the electric two-wheeler sector. The move follows a recent ₹2,000 crore investment into its subsidiaries for enhanced localization and vertical integration. ...Less

American investor Vanguard has sharply cut the fair value of Ola's parent company. This and more in today ...More

American investor Vanguard has sharply cut the fair value of Ola's parent company. This and more in today's ETtech Top 5. ...Less

Ola Electric's shares dipped 3.5% after approving a qualified institutional placement (QIP) with a floor ...More

Ola Electric's shares dipped 3.5% after approving a qualified institutional placement (QIP) with a floor price of Rs 37.74 per equity share. The company aims to raise capital from institutional investors, while its Q4 net loss narrowed to Rs 500 crore. Despite revenue decline, Ola Electric anticipates order recovery and positive EBITDA in FY27. ...Less

A consumer court in Andhra Pradesh held Ola responsible after a driver stranded a woman en route to a jud ...More

A consumer court in Andhra Pradesh held Ola responsible after a driver stranded a woman en route to a judicial exam. The platform was ordered to pay Rs 50,000 compensation for the mental distress caused. The court emphasized Ola's duty of care, rejecting its 'online platform' defense. ...Less

Ola Electric Mobility has launched its qualified institutional placement (QIP) and set a floor price of R ...More

Ola Electric Mobility has launched its qualified institutional placement (QIP) and set a floor price of Rs 37.74 per share. The company may offer up to a 5% discount, while the final issue price and fundraising size will be determined through the book-building process. ...Less

A commuter's X post detailing an Ola driver allegedly watching a TV show while driving on a highway has s ...More

A commuter's X post detailing an Ola driver allegedly watching a TV show while driving on a highway has sparked widespread debate. The passenger reported the driver's dismissive response when asked to focus, highlighting concerns about distracted driving and passenger safety in app-based taxis. ...Less

Markets faced pressure on Monday, with key indices declining over half a percent due to weak global cues. ...More

Markets faced pressure on Monday, with key indices declining over half a percent due to weak global cues. Ola Electric approved its QIP issue, Eicher Motors reported a 15% sales rise, and Axis Bank increased its stake in Axis Max Life Insurance. ...Less

Ola Electric shares surged to a more than four-month high after the EV maker reported a narrower quarterl ...More

Ola Electric shares surged to a more than four-month high after the EV maker reported a narrower quarterly loss and showed signs of sequential improvement in volumes and market share. Brokerages remain cautious on the long-term recovery outlook, citing rising competition, execution challenges and the need for sustained operational improvements. ...Less

An MBA graduate turned down a lucrative corporate job offer worth Rs 25 lakh per annum and chose to becom ...More

An MBA graduate turned down a lucrative corporate job offer worth Rs 25 lakh per annum and chose to become an Ola cab driver instead. The decision surprised many and drew criticism from those around him. However, over the next three years, he reportedly expanded his venture from operating a single cab to owning five cars. According to a viral social media post, he now earns around Rs 1.5 lakh per month, challenging conventional ideas of career success and highlighting the potential of entrepreneurship. ...Less

Happy Thursday! American investor Vanguard has slashed the fair value of Ola's parent company. This and m ...More

Happy Thursday! American investor Vanguard has slashed the fair value of Ola's parent company. This and more in today’s ETtech Morning Dispatch. ...Less

Happy Tuesday! Japan’s MUFG is doubling down on India just as a new wave of investors moves into the coun ...More

Happy Tuesday! Japan’s MUFG is doubling down on India just as a new wave of investors moves into the country’s startup market. This and more in today’s ETtech Morning Dispatch. ...Less

Ola Electric has received government approval for a new electric scooter designed for commercial use. Thi ...More

Ola Electric has received government approval for a new electric scooter designed for commercial use. This move signals Ola Electric's potential entry into the fast-growing commercial EV two-wheeler market this quarter. The scooter is expected to focus on operating economics and range for delivery and fleet operations. ...Less

Tarun Davda, a key figure at Z47 for ten years, plans to exit the venture capital firm by year-end. Sourc ...More

Tarun Davda, a key figure at Z47 for ten years, plans to exit the venture capital firm by year-end. Sources told us that Davda is exploring launching his own fund or returning to entrepreneurship. This departure follows other senior exits at Z47 and mirrors broader churn in India's venture capital sector. ...Less

Indian equities ended higher on Tuesday, supported by easing geopolitical tensions and softer crude price ...More

Indian equities ended higher on Tuesday, supported by easing geopolitical tensions and softer crude prices. A sharp drop in India VIX boosted sentiment, while broader markets outperformed. Analysts see potential for further recovery, though caution persists amid FII outflows, global uncertainties and weak near-term earnings outlook. ...Less

India's electric two-wheeler market saw a strong rebound in May. Registrations rose significantly, recove ...More

India's electric two-wheeler market saw a strong rebound in May. Registrations rose significantly, recovering from a dip in April. Major players like TVS Motor and Bajaj Auto reported higher sales. Ather Energy and Hero MotoCorp also saw an increase. Ola Electric is working to regain market share and plans to enter the commercial segment. ...Less

Sources said the company received approval for the new vehicle in early February and is expected to launc ...More

Sources said the company received approval for the new vehicle in early February and is expected to launch the model in the coming quarters. ...Less

The fundraising could be undertaken through routes including a qualified institutional placement (QIP), a ...More

The fundraising could be undertaken through routes including a qualified institutional placement (QIP), a rights issue or other permissible instruments. ...Less

Zepto pulls ahead of Swiggy Instamart on orders, but heavy burn continues. This and more in today's ETtec ...More

Zepto pulls ahead of Swiggy Instamart on orders, but heavy burn continues. This and more in today's ETtech Top 5. ...Less

Aditya Shah of Hercules Advisors identifies EPC companies with strong order books as key infrastructure o ...More

Aditya Shah of Hercules Advisors identifies EPC companies with strong order books as key infrastructure opportunities, favoring players like Ahluwalia Contracts and PSP Projects. He remains constructive on IT despite AI concerns, highlighting TCS and HCL Tech for their dividend yields. Shah also sees value in ITC due to its attractive dividend yield and decent consumer business performance. ...Less

Ola Electric is witnessing a strong sales recovery, with current-quarter registrations already surpassing ...More

Ola Electric is witnessing a strong sales recovery, with current-quarter registrations already surpassing the previous quarter's total. The EV maker expects quarterly volumes to nearly double as demand rebounds, supported by a focus on disciplined growth, operational efficiency, and market expansion. ...Less

Indian equities remained volatile amid IT sector weakness, global uncertainties and cautious investor sen ...More

Indian equities remained volatile amid IT sector weakness, global uncertainties and cautious investor sentiment. Analysts see key Nifty support near 23,200-23,000 and resistance around 23,750-23,800. Market participants will monitor technical levels, global cues, sectoral trends and stock-specific developments for direction. ...Less

The recovery comes after a 22% month-on-month fall in April from a record 192000 units in March, when aut ...More

The recovery comes after a 22% month-on-month fall in April from a record 192000 units in March, when automakers used aggressive discounts, cashback offers and financing schemes to close FY26 on a strong note. ...Less

Indian equities ended sharply lower as weak global cues and geopolitical tensions triggered broad-based s ...More

Indian equities ended sharply lower as weak global cues and geopolitical tensions triggered broad-based selling. Nifty slipped 1.04% to 23,123, with analysts advising caution and a sell-on-rise strategy. Market breadth remained weak, while select stocks attracted buying interest and several counters hit fresh 52-week highs. ...Less

Ola Electric is set for a robust FY27. The company expects a significant rebound in sales and revenue. Ma ...More

Ola Electric is set for a robust FY27. The company expects a significant rebound in sales and revenue. Margins are strengthening, and costs are under tight control. Ola is focusing on scaling operations efficiently. This strategic reset positions Ola Electric for improved cash flow and operating leverage in the coming year. ...Less

Indian benchmark indices ended marginally lower on Friday as investors assessed the RBI’s decision to kee ...More

Indian benchmark indices ended marginally lower on Friday as investors assessed the RBI’s decision to keep rates unchanged while raising inflation and lowering growth forecasts. Weak global cues, pressure in US and European markets, and continued FII selling are expected to keep sentiment subdued in the near term. ...Less

SVF II Lightbulb Cayman, a SoftBank affiliate, sold 5.65 crore shares, or 3.25%, in Lenskart for Rs 2,873 ...More

SVF II Lightbulb Cayman, a SoftBank affiliate, sold 5.65 crore shares, or 3.25%, in Lenskart for Rs 2,873 crore through a block deal on Wednesday. The shares were sold at Rs 508.55 apiece, with Goldman Sachs, Fidelity, Quant Mutual Fund, WhiteOak Capital, and other institutional investors among the buyers. SoftBank’s stake has now fallen to 9.88%. ...Less

Indian equities ended largely unchanged as West Asia tensions tempered risk appetite. Broader markets out ...More

Indian equities ended largely unchanged as West Asia tensions tempered risk appetite. Broader markets outperformed despite recent corrections, while investors awaited the RBI policy decision and GDP data. Analysts flagged 23,500 as a key resistance and 23,300–23,200 as important support levels. ...Less

Happy Monday! Amazon India’s Samir Kumar said the company is gunning for the top spot in the country’s qu ...More

Happy Monday! Amazon India’s Samir Kumar said the company is gunning for the top spot in the country’s quick commerce market. This and more in today’s ETtech Morning Dispatch. ...Less

Shares of Ola Electric fell sharply on Thursday on after a weak Q4 show, with brokerage Emkay Global main ...More

Shares of Ola Electric fell sharply on Thursday on after a weak Q4 show, with brokerage Emkay Global maintaining a Sell rating and raising its target to Rs 25, implying over 35% downside. Revenue dropped 57% YoY and volumes slumped, while competition from rivals like Ather and TVS mounts, clouding near-term recovery prospects. ...Less

Benchmark indices Sensex and Nifty fell for a fourth straight session amid elevated crude oil prices, geo ...More

Benchmark indices Sensex and Nifty fell for a fourth straight session amid elevated crude oil prices, geopolitical tensions and persistent selling pressure. Market breadth remained weak, technical indicators turned bearish, while select stocks including Wockhardt and NMDC Steel attracted buying interest and hit fresh highs. ...Less

Kuku FM's parent has taken the first step towards a stock market listing. This and more in today's ETtech ...More

Kuku FM's parent has taken the first step towards a stock market listing. This and more in today's ETtech Top 5. ...Less

Ola Electric Q4 Results: Pure-play electric two-wheeler maker Ola Electric Mobility reported a consolidat ...More

Ola Electric Q4 Results: Pure-play electric two-wheeler maker Ola Electric Mobility reported a consolidated net loss of Rs 500 crore for the March quarter, marking a contraction of 42.5% from Rs 870 crore reported in the same period last year. This is attributable to the owners of the company. ...Less

Indian equity markets ended sharply lower on May 29 amid broad-based selling, MSCI-driven flows and risin ...More

Indian equity markets ended sharply lower on May 29 amid broad-based selling, MSCI-driven flows and rising volatility. Technical indicators suggest a bearish bias with key support zones in focus. Global cues, monsoon outlook and market breadth will be critical in shaping investor sentiment and near-term market direction. ...Less

Ola Electric shares dropped after the company reported a Rs 500 crore net loss for the March quarter. Rev ...More

Ola Electric shares dropped after the company reported a Rs 500 crore net loss for the March quarter. Revenue also saw a significant decline. However, the company achieved positive operating cash flow for the first time. Ola Electric anticipates a strong recovery in orders for the upcoming quarter and aims for operating EBITDA positivity in the auto business during FY27. ...Less

India’s tech hiring has fallen to its lowest level in more than two years. This and more in today's ETtec ...More

India’s tech hiring has fallen to its lowest level in more than two years. This and more in today's ETtech Top 5. ...Less

A Delhi widow, solely reliant on her family pension, has been granted relief by the High Court after the ...More

A Delhi widow, solely reliant on her family pension, has been granted relief by the High Court after the State Bank of India made erroneous deductions. The court ordered SBI to return the recovered money with interest and cease further deductions, stating the pensioner was not responsible for the bank's internal error. ...Less

A computer scientist's cryptographic analysis of the Pashupati Seal suggests its inscription is an ancien ...More

A computer scientist's cryptographic analysis of the Pashupati Seal suggests its inscription is an ancient invocation to Lord Shiva, aligning with Mahabharata descriptions. This discovery, amplified by author Amish Tripathi, potentially rewrites the understanding of the Indus Valley Civilisation's spiritual depth and continuity with later Indian traditions. ...Less

Happy Thursday! Swiggy group CEO Sriharsha Majety opened up about the recent hitch to become an Indian-ow ...More

Happy Thursday! Swiggy group CEO Sriharsha Majety opened up about the recent hitch to become an Indian-owned company. This and more in today's ETtech Morning Dispatch. ...Less

Markets saw a volatile session with Nifty trading below the 23,800-24,000 resistance zone, though select ...More

Markets saw a volatile session with Nifty trading below the 23,800-24,000 resistance zone, though select heavyweight buying limited downside. Several companies like ITC, Nykaa, and IndusInd Bank are in focus due to Q4 results and news developments, including Lenskart's profit decline and Dr. Reddy's new diabetes drug launch. ...Less

German agritech firm B+H Solutions GmbH plans to invest €1 million in India in 2026 to expand its footpri ...More

German agritech firm B+H Solutions GmbH plans to invest €1 million in India in 2026 to expand its footprint in the country's growing agricultural sector. The company is strengthening its presence with its range of metal-based nano-fertilisers, driven by rising demand, favourable regulatory approvals, and increasing acceptance of nanotechnology among Indian farmers. Designed to improve crop yields, nutrient efficiency, and plant health, B+H Solutions' innovative products are gaining traction as India embraces advanced farming solutions. The investment underscores the growing potential of the Indian nano-fertiliser market and the role of sustainable agricultural technologies in boosting farm productivity. ...Less

The Bhavish Aggarwal-led company’s revenue from operations during the quarter declined 56.6% year-on-year ...More

The Bhavish Aggarwal-led company’s revenue from operations during the quarter declined 56.6% year-on-year (YoY) to Rs 265 crore from Rs 611 crore a year earlier, according to the company’s filing. ...Less

The Ministry of New and Renewable Energy will not extend the ALMM List-II deadline past June 1, 2026. Pro ...More

The Ministry of New and Renewable Energy will not extend the ALMM List-II deadline past June 1, 2026. Projects commissioned after this date must comply. Relief is available for projects with existing investments and completed installations. Developers can submit claims for extensions by June 30, 2026. ...Less

Domestic equity benchmarks ended marginally lower for a second consecutive session as weakness in financi ...More

Domestic equity benchmarks ended marginally lower for a second consecutive session as weakness in financial, IT and energy shares offset gains in auto stocks. Analysts expect Nifty to remain range-bound with immediate support near 23,800 and resistance around the 24,000-24,100 zone. ...Less

Happy Thursday! Mid-sized IT firms are realigning leadership teams as AI-driven changes force a rethink. ...More

Happy Thursday! Mid-sized IT firms are realigning leadership teams as AI-driven changes force a rethink. This and more in today's ETtech Morning Dispatch. ...Less

Cab strike in Delhi NCR: Delhi-NCR faces a three-day cab and auto strike from May 21-23. Drivers demand f ...More

Cab strike in Delhi NCR: Delhi-NCR faces a three-day cab and auto strike from May 21-23. Drivers demand fare hikes due to soaring fuel costs and alleged exploitation by app-based aggregators. Over 68 transport unions are participating. Commuters may face ride cancellations and surge pricing, though Metro and DTC buses remain operational. ...Less

Recent data-gathering pilots by on-demand service platforms Pronto and Snabbit have drawn a spotlight on ...More

Recent data-gathering pilots by on-demand service platforms Pronto and Snabbit have drawn a spotlight on India’s emerging physical AI ecosystem – and put safety regulators on edge. Sources told ET that the Ministry of Electronics and Information Technology (MeitY) has taken note of recent developments, especially Pronto’s in-home recording pilots. ...Less

Indian equity benchmarks extended gains for a third consecutive session as strong buying in banking, fina ...More

Indian equity benchmarks extended gains for a third consecutive session as strong buying in banking, financial, energy and auto stocks lifted market sentiment. Analysts signalled bullish technical momentum for Nifty, while broader market breadth, lower volatility and strong participation across sectors supported the rally. ...Less

Western nations are investing heavily in critical minerals to reduce dependence on China. However, expert ...More

Western nations are investing heavily in critical minerals to reduce dependence on China. However, experts warn this could lead to a surplus, similar to past commodity gluts. Governments are providing billions to boost production. While some see potential for oversupply, others believe government stockpiles can balance the market. ...Less

Lenskart has posted a sharp jump in its March-quarter revenue even as profit dipped marginally. This and ...More

Lenskart has posted a sharp jump in its March-quarter revenue even as profit dipped marginally. This and more in today’s ETtech Top 5. ...Less

Domestic equity markets ended lower on Thursday. Ola Electric and Jubilant FoodWorks declined sharply, wh ...More

Domestic equity markets ended lower on Thursday. Ola Electric and Jubilant FoodWorks declined sharply, while Protean eGov, Grasim Industries and Apollo Hospitals gained. ...Less

Ola Electric Mobility has approved a Rs 2,000 crore investment into its EV and battery manufacturing subs ...More

Ola Electric Mobility has approved a Rs 2,000 crore investment into its EV and battery manufacturing subsidiaries to boost localisation and vertical integration. This capital infusion aims to strengthen its core EV business and scale up battery operations amid rising competition and profitability concerns. ...Less

Ola Electric Mobility's board has approved a significant Rs 2,000 crore investment. This capital will bol ...More

Ola Electric Mobility's board has approved a significant Rs 2,000 crore investment. This capital will bolster its electric vehicle and battery cell manufacturing arms. The company aims to strengthen its EV ecosystem and scale operations. Investments will be made into Ola Electric Technologies and Ola Cell Technologies. These funds will support business requirements and future growth. ...Less

Small and midcap stocks rose sharply on Tuesday, lifting broader markets and outperforming benchmarks. Co ...More

Small and midcap stocks rose sharply on Tuesday, lifting broader markets and outperforming benchmarks. Coforge led midcap gains, while Ola Electric topped the smallcap chart. IT stocks rebounded on attractive valuations, and several names across consumer, energy and financial sectors posted strong advances amid improving sentiment despite lingering macro worries. ...Less

Ola Electric is in discussions with global and domestic automakers to supply lithium-ion cells and batter ...More

Ola Electric is in discussions with global and domestic automakers to supply lithium-ion cells and battery packs. The company's Krishnagiri gigafactory is set to expand its capacity significantly. This move aims to position Ola as a key supplier in India's growing electric vehicle and energy storage market. Ola is preparing for demand beyond its own vehicle production. ...Less

Indian equity benchmarks closed modestly higher on Friday, with financial stocks leading the gains. The N ...More

Indian equity benchmarks closed modestly higher on Friday, with financial stocks leading the gains. The Nifty and Sensex edged up, though pharma and healthcare weakness capped the rise. Analysts noted the market's indecisive range-bound movement, awaiting a decisive breakout above 23,800 for further upward momentum or a fall towards 23,600. ...Less

Nifty ended marginally lower as IT and FMCG weakness offset gains in autos, metals and realty. Analysts f ...More

Nifty ended marginally lower as IT and FMCG weakness offset gains in autos, metals and realty. Analysts flagged resistance near key moving averages and bearish momentum. Markets remain rangebound, with crucial support near 23,400 and resistance around 23,800–23,900 levels. ...Less

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Indian stock markets are navigating a balance between optimism and caution. Inflationary pressures and gl ...More

Indian stock markets are navigating a balance between optimism and caution. Inflationary pressures and global uncertainties are key concerns. However, selective buying is emerging in mid and smallcap stocks, driven by positive quarterly earnings. Investors are closely watching sectors like QSR, auto ancillaries, and IT for further trends. The long-term EV ecosystem story remains strong. ...Less

Benchmark indices closed marginally higher on Wednesday, led by gains in banking and auto shares, while I ...More

Benchmark indices closed marginally higher on Wednesday, led by gains in banking and auto shares, while IT and FMCG stocks capped advances. Analysts said Nifty remains range-bound with weak sentiment persisting below key resistance levels, despite easing volatility and selective buying interest across sectors. ...Less

Domestic equities closed marginally lower due to weakness in financial and consumer shares, despite gains ...More

Domestic equities closed marginally lower due to weakness in financial and consumer shares, despite gains in IT stocks. Analysts suggest the short-term sentiment remains bearish, with Nifty 50 facing resistance at 23,800 and support at 23,400. US markets were down, while European indices were mixed. ...Less

SoftBank's Indian investments faced a significant downturn in the January-March quarter. Several prominen ...More

SoftBank's Indian investments faced a significant downturn in the January-March quarter. Several prominent companies like Swiggy and Ola Electric saw their market value drop. This led to substantial paper losses for SoftBank's Vision Fund. Despite overall gains from other investments, the Indian portfolio's performance highlights recent market challenges. SoftBank has been a major investor in India's startup ecosystem. ...Less

Indian indices were subdued with Nifty up 0.03% and Sensex down 0.10%. High volatility (VIX at 19.63) and ...More

Indian indices were subdued with Nifty up 0.03% and Sensex down 0.10%. High volatility (VIX at 19.63) and bearish momentum indicators suggest near-term weakness. Analysts expect Nifty to trade between 23,300–23,800, with resistance near 23,650 and key selling pressure visible. ...Less

Petrol, diesel price hike impact: Centre’s Rs 3 per litre hike in petrol and diesel prices may not feel m ...More

Petrol, diesel price hike impact: Centre’s Rs 3 per litre hike in petrol and diesel prices may not feel massive immediately, but its ripple effect could slowly hit everyday expenses — from vegetables and milk to Blinkit deliveries, cab rides, and even flight tickets. Since fuel powers transport across India, higher diesel and petrol prices often trigger a chain reaction across household budgets. ...Less

Gig and platform service workers are planning a five-hour nationwide shutdown on Friday to protest rising ...More

Gig and platform service workers are planning a five-hour nationwide shutdown on Friday to protest rising fuel prices and stagnant pay. The union demands an immediate revision of per-kilometre service rates, warning that increased fuel costs are eroding workers' earnings. ...Less

Markets extended their rebound for a second consecutive session on Thursday, buoyed by supportive global ...More

Markets extended their rebound for a second consecutive session on Thursday, buoyed by supportive global cues and selective buying in heavyweight stocks. Banking majors played a crucial role in the relief rally, while IT stocks remained under pressure. Several companies, including Adani Enterprises, Tata Motors PV, and JSW Steel, were in focus due to significant block deals and financial results. ...Less

Indian markets closed higher amidst volatility, with global events like the US-Iran agreement keenly watc ...More

Indian markets closed higher amidst volatility, with global events like the US-Iran agreement keenly watched. Several companies, including Canara Bank and MCX, reported strong Q4 results, with MCX seeing a significant profit surge. Ola Electric's new scooter received approval, while Vodafone Idea is exploring capital infusion. ...Less

Ola Electric's S1 X+ 5.2kWh electric scooter has received government approval. This mass market scooter f ...More

Ola Electric's S1 X+ 5.2kWh electric scooter has received government approval. This mass market scooter features Ola's indigenously developed 4680 Bharat Cell battery. It offers the longest range in its mass market portfolio. The certification marks a significant step in bringing advanced EV technology to more customers across India. This move aims to accelerate EV adoption beyond major cities. ...Less

India's oldest cab aggregator, Ola Consumer, has achieved free cash flow positivity in the second half of ...More

India's oldest cab aggregator, Ola Consumer, has achieved free cash flow positivity in the second half of FY26, marking a significant turnaround after a year-long restructuring. This development follows a shift to a zero-commission driver subscription model and a focus on higher-margin revenue streams, despite increased competition. ...Less

Smallcap stocks, including IIFL Finance, Meesho, and GRSE, surged up to 7% on Wednesday, outperforming be ...More

Smallcap stocks, including IIFL Finance, Meesho, and GRSE, surged up to 7% on Wednesday, outperforming benchmark indices. This rally occurred despite broader market caution, with the Nifty Smallcap 100 index showing robust gains. Experts remain optimistic about mid and smallcap earnings, viewing recent corrections as opportunities. ...Less

Ola Consumer is moving ahead with its IPO plans. However, its recent financial reports show a significant ...More

Ola Consumer is moving ahead with its IPO plans. However, its recent financial reports show a significant drop in revenue and a doubling of losses. The company lost market share to competitors. This financial strain has also impacted its credit rating. Ola Electric, another venture by Bhavish Aggarwal, is also facing revenue challenges. ...Less

Flipkart has hit pause on its IPO in a jittery market. This and more in today's ETtech Top 5. ...More

Flipkart has hit pause on its IPO in a jittery market. This and more in today's ETtech Top 5. ...Less

Honasa Consumer’s board will consider a final dividend on May 21 alongside Q4 FY26 results, potentially m ...More

Honasa Consumer’s board will consider a final dividend on May 21 alongside Q4 FY26 results, potentially making Mamaearth’s parent the first listed new-age company to reward shareholders with a dividend amid improving stock performance and steady business growth expectations. ...Less

Happy Thursday! Three former Peak XV MDs, who abruptly left the VC firm, are launching Mettle Capital to ...More

Happy Thursday! Three former Peak XV MDs, who abruptly left the VC firm, are launching Mettle Capital to back Indian startups. This and more in today's ETtech Morning Dispatch. ...Less

Krutrim, Ola founder Bhavish Aggarwal's ambitious AI venture, has seen a significant leadership exodus an ...More

Krutrim, Ola founder Bhavish Aggarwal's ambitious AI venture, has seen a significant leadership exodus and workforce reduction. Key AI and semiconductor leaders, along with over 60 linguistics staff, have departed as funding dried up, leading to the discontinuation of its AI agentic platform and the Bodhi 1 chip. The company is now pivoting to AI cloud services. ...Less

Happy Wednesday! Groww delivered strong gains to early investors after the IPO lock-in expired. This and ...More

Happy Wednesday! Groww delivered strong gains to early investors after the IPO lock-in expired. This and more in today’s ETtech Morning Dispatch. ...Less

Indian benchmark indices experienced a significant sell-off on Monday, marking their third consecutive se ...More

Indian benchmark indices experienced a significant sell-off on Monday, marking their third consecutive session of decline. The Nifty50 and BSE Sensex both tumbled, led by banking, automobile, and energy sectors amid investor risk aversion. Analysts suggest a weakening trend with immediate support for the Nifty at 23,700. ...Less

Gautam Adani states energy and digital infrastructure will shape future global power. He urges India to b ...More

Gautam Adani states energy and digital infrastructure will shape future global power. He urges India to build its own artificial intelligence capabilities. India must own its intelligence future, not rent it. The nation's scale offers unique advantages for AI and energy infrastructure. AI will expand productivity and create jobs. Adani Group is investing heavily in energy transition and digital infrastructure. ...Less

Domestic equity benchmarks ended sharply lower on Friday amid rising geopolitical tensions between the US ...More

Domestic equity benchmarks ended sharply lower on Friday amid rising geopolitical tensions between the US and Iran, rupee weakness and heavy profit-booking in financial stocks. Analysts said the Nifty slipping below key technical levels signals weakening momentum, although select indicators still point towards the possibility of a near-term recovery. ...Less

Happy Friday! The point-of-sale (PoS) supply has dried up in India as the West Asia conflict squeezes imp ...More

Happy Friday! The point-of-sale (PoS) supply has dried up in India as the West Asia conflict squeezes imports. This and more in today's ETtech Morning Dispatch. ...Less

Ola Electric saw a significant 20 percent rise in registrations in April 2026. This growth occurred even ...More

Ola Electric saw a significant 20 percent rise in registrations in April 2026. This growth occurred even as the electric two-wheeler market experienced a sharp decline. Ola Electric was the sole leading brand to achieve month-on-month expansion. This performance highlights increasing customer trust and operational stability. The company's expanding electric vehicle portfolio continues to attract buyers. ...Less

Ola Electric shares have surged over 60% from recent lows, supported by a 20% month-on-month rise in Apri ...More

Ola Electric shares have surged over 60% from recent lows, supported by a 20% month-on-month rise in April registrations. Despite a broader industry decline, the company posted growth, boosting sentiment. Analysts remain cautious, citing slow EV adoption and execution risks, while maintaining a positive near-term outlook. ...Less

Happy Wednesday! Premji Invest is circling Emergent, looking to join its latest fundraise at a $1.5 billi ...More

Happy Wednesday! Premji Invest is circling Emergent, looking to join its latest fundraise at a $1.5 billion valuation. This and more in today's ETtech Morning Dispatch. ...Less

New-age companies Swiggy and Urban Company closed the March quarter in the red, even as revenues surged. ...More

New-age companies Swiggy and Urban Company closed the March quarter in the red, even as revenues surged. This and more in today's ETtech Top 5. ...Less

Ola Electric Technologies faces a downgrade from ICRA due to declining sales, persistent losses, and dela ...More

Ola Electric Technologies faces a downgrade from ICRA due to declining sales, persistent losses, and delayed profitability. Despite efforts to improve unit economics, rising competition and subsidy rationalization have impacted demand and margins. The company's market share in the electric two-wheeler segment has significantly weakened, with legacy players now dominating. ...Less

Krutrim, India's first AI unicorn, is now a focused domestic AI Cloud Services provider. The company repo ...More

Krutrim, India's first AI unicorn, is now a focused domestic AI Cloud Services provider. The company reported strong financial figures for FY26, including significant revenue growth and its first annual net profit. This marks a shift to a sustainable, infrastructure-led business model. Krutrim's platform is built entirely in-house, serving over 25 large enterprise customers across various sectors. ...Less

Tata Electronics CEO Randhir Thakur lays out the group’s big swing in fabs, advanced packaging and more i ...More

Tata Electronics CEO Randhir Thakur lays out the group’s big swing in fabs, advanced packaging and more in an interaction with ET. This and more in today's ETtech Top 5. ...Less

India's electric two-wheeler market experienced a significant 22% dip in April registrations, falling to ...More

India's electric two-wheeler market experienced a significant 22% dip in April registrations, falling to 1.48 lakh units after a March peak. Despite a broad decline, Ola Electric saw a notable 20% surge in sales, improving its market share. This slowdown follows a strong FY26 growth driven by legacy automakers and aggressive March sales tactics. ...Less

Domestic equities surged as crude oil slipped below $100 and US-India trade optimism boosted sentiment. N ...More

Domestic equities surged as crude oil slipped below $100 and US-India trade optimism boosted sentiment. Nifty and Sensex gained over 1%, led by banking, auto and pharma stocks, while global markets also strengthened amid easing geopolitical concerns and positive momentum signals ...Less

Maharashtra is extending its Marathi language learning rule to app-based cab and auto services. Drivers a ...More

Maharashtra is extending its Marathi language learning rule to app-based cab and auto services. Drivers and riders with Uber, Ola, and Rapido will soon need to learn Marathi. The transport minister confirmed a policy is being prepared for these aggregators. This follows an extension for traditional taxi and auto drivers to learn the language by August 15. ...Less

Indian markets closed lower amid selling in financial, consumer and realty stocks, with Nifty and Sensex ...More

Indian markets closed lower amid selling in financial, consumer and realty stocks, with Nifty and Sensex declining. Technical indicators signal weak momentum but hint at possible recovery, as global cues remain mixed and select stocks show buying interest despite broader bearish sentiment. ...Less

Ather Energy achieved its best financial year in FY26. The electric two-wheeler maker sold 2.63 lakh unit ...More

Ather Energy achieved its best financial year in FY26. The electric two-wheeler maker sold 2.63 lakh units, a 69% jump. Revenue grew 63% to Rs 3,671 crore. The company's net loss narrowed significantly. Growth was driven by the Rizta scooter and an expanded network. Ather is preparing for future growth with new platforms and manufacturing investments. ...Less

India's electric vehicle market began the new fiscal year with robust sales in April. Electric cars and t ...More

India's electric vehicle market began the new fiscal year with robust sales in April. Electric cars and two-wheelers saw significant year-on-year growth. This surge was fueled by new model introductions, increased consumer interest, and worries about fuel prices. While sales dipped from March's peak, the overall trend indicates strong momentum for electric mobility in the country. ...Less