Ola Electric compensation: An advocate from Ananthapuramu purchased an Ola S1 Pro in October 2022 and rep ...More

Ola Electric compensation: An advocate from Ananthapuramu purchased an Ola S1 Pro in October 2022 and reported a trunk lock failure within the warranty period. Despite multiple service visits, emails and a legal notice, Ola Electric never fixed the problem. The District Consumer Commission has now directed the company and its local service centre to repair the trunk free of cost and pay Rs 45,000 in compensation. ...Less

Ola Electric witnessed a significant surge in electric two-wheeler registrations, nearly doubling in the ...More

Ola Electric witnessed a significant surge in electric two-wheeler registrations, nearly doubling in the April-June quarter to 43,719 units. This impressive growth, driven by enhanced retail operations and better product availability, marks a strong sales momentum. The company attributes this success to its operational improvements and popular product range, anticipating continued expansion in India's EV market. ...Less

Ola Electric witnessed a significant surge in electric two-wheeler registrations during the April-June qu ...More

Ola Electric witnessed a significant surge in electric two-wheeler registrations during the April-June quarter, nearly doubling from the previous period. This impressive growth, reaching 43,719 vehicles, is attributed to enhanced retail operations, better product availability, and consistent customer demand. The company registered its highest monthly sales in June, signaling a strong recovery in market momentum and underscoring its commitment to expanding EV adoption in India. ...Less

Ola Electric's subsidiary has secured Bureau of Indian Standards (BIS) certification for its indigenously ...More

Ola Electric's subsidiary has secured Bureau of Indian Standards (BIS) certification for its indigenously developed 46100 lithium iron phosphate (LFP) battery cell. This marks a first for an Indian company in this cylindrical format. The new cell, designed for both electric mobility and energy storage, expands their in-house battery portfolio and aims to reduce reliance on imported technologies. ...Less

Shares of Ola Electric and Ather Energy surged up to 11% after the Delhi Cabinet approved the EV Policy 2 ...More

Shares of Ola Electric and Ather Energy surged up to 11% after the Delhi Cabinet approved the EV Policy 2.0 with a Rs 15,000 crore outlay. The policy offers incentives for electric two-wheelers, targets 95% EV registrations by 2027 and is expected to accelerate electric mobility adoption in the capital. ...Less

Ola Electric and founder Bhavish Aggarwal have approached Sebi to settle allegations of disseminating fal ...More

Ola Electric and founder Bhavish Aggarwal have approached Sebi to settle allegations of disseminating false information to inflate stock prices. The company seeks an amicable closure without admitting guilt, following Sebi's notice regarding discrepancies in service network expansion, sales figures, and electric motorcycle rollout timelines. ...Less

Ola Electric and its founder Bhavish Aggarwal have approached Sebi to settle allegations of disseminating ...More

Ola Electric and its founder Bhavish Aggarwal have approached Sebi to settle allegations of disseminating false information to inflate stock prices. The company seeks an amicable closure to proceedings concerning misleading claims on service network expansion and sales performance, following a regulator's notice. ...Less

Indian equities declined for a second session as investors stayed cautious despite easing geopolitical te ...More

Indian equities declined for a second session as investors stayed cautious despite easing geopolitical tensions. Sensex lost nearly 250 points and Nifty fell over 80, while analysts expect recovery if the index holds above the crucial 23,800 support level. ...Less

New-age, loss-making startups are prioritising large fresh issue components in their IPOs to fund growth, ...More

New-age, loss-making startups are prioritising large fresh issue components in their IPOs to fund growth, a shift from the 2021-22 cycle. Investors now prefer capital infusion for scaling and profitability over large shareholder exits. Companies like Zepto, Ola Electric, and PhysicsWallah exemplify this trend, signalling a market demand for businesses reinvesting in their future rather than facilitating early exits. ...Less

Uber India's head, Prabhjeet Singh, is departing after an 11-year tenure to join OpenAI as its India MD. ...More

Uber India's head, Prabhjeet Singh, is departing after an 11-year tenure to join OpenAI as its India MD. Singh, led Uber's significant growth and strategic shifts, including expanding premium services and launching electric mobility. His departure comes as India is poised to become Uber's largest market globally. ...Less

Peak XV and Nexus Venture Partners are set to rake in manifold returns as insurtech company Turtlemint go ...More

Peak XV and Nexus Venture Partners are set to rake in manifold returns as insurtech company Turtlemint goes public. This and more in today’s ETtech Top 5. ...Less

The petitions come after the state government did not respond to IAMAI's request to defer the levy of the ...More

The petitions come after the state government did not respond to IAMAI's request to defer the levy of the gig workers' welfare fee until the Centre and the state evolve a mechanism to offset contributions under their respective laws, and notify specific welfare schemes for gig workers. ...Less

Noida International Airport passengers found taxis to be a dependable transport option. Several cab aggre ...More

Noida International Airport passengers found taxis to be a dependable transport option. Several cab aggregators like Uber, Ola, and Rapido offered services with introductory discounts. Premium cab operators also provided chauffeur-driven options. UPSRTC buses are also serving the airport, though with a shuttle requirement. These services ensured smooth connectivity for travellers. ...Less

Indian markets closed marginally higher on Thursday after a volatile expiry session, with the Sensex risi ...More

Indian markets closed marginally higher on Thursday after a volatile expiry session, with the Sensex rising 109 points to 77,100.47 and the Nifty gaining 34 points to 24,056 after giving up intraday gains. Sentiment stayed mixed amid profit booking, FII outflows and macro cues, while global equities ended weak. Markets were shut on Friday for Muharram. Analysts expect range-bound trade ahead. ...Less

Despite volatile markets, several stocks delivered exceptional returns, with 13 companies gaining 70–200% ...More

Despite volatile markets, several stocks delivered exceptional returns, with 13 companies gaining 70–200% in three months. HFCL led the rally, while broader market strength created significant wealth-creation opportunities for investors. ...Less

Sensex and Nifty plunged over 1% on Tuesday amid global market weakness, IT sector losses, a weaker rupee ...More

Sensex and Nifty plunged over 1% on Tuesday amid global market weakness, IT sector losses, a weaker rupee and fresh foreign fund outflows. Investors will track technical levels, global cues, FII activity and key stock movements on Wednesday as markets look for direction after the sharp decline. ...Less

Indian markets rallied on Wednesday, with Sensex and Nifty gaining up to 1% amid easing crude prices, sup ...More

Indian markets rallied on Wednesday, with Sensex and Nifty gaining up to 1% amid easing crude prices, supportive global cues and optimism over India-US trade talks. Analysts highlight key technical levels for Nifty, while stock-specific action was seen in banking, IT, infrastructure and midcap counters across NSE trading data. ...Less

Angel investors are offloading Rapido shares worth Rs 100 crore as part of a larger $730 million funding ...More

Angel investors are offloading Rapido shares worth Rs 100 crore as part of a larger $730 million funding round. Swiggy, an early investor, has fully exited its stake. The deal aims for a $3 billion valuation, though some investors are pushing back on pricing. ...Less

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

Indian markets ended higher on Monday, snapping Friday's pause in momentum. Investors will track US-Iran ...More

Indian markets ended higher on Monday, snapping Friday's pause in momentum. Investors will track US-Iran developments, technical levels, sectoral trends, weekly expiry volatility and key stock-specific action on Tuesday. Banking, utilities and healthcare stocks remained supportive, while broader market sentiment stayed positive despite monsoon-related concerns. ...Less

Happy Tuesday! Kunal Shah has taken over as WhatsApp's chief, while Meta backs Cred in a major funding de ...More

Happy Tuesday! Kunal Shah has taken over as WhatsApp's chief, while Meta backs Cred in a major funding deal. This and more in today’s ETtech Morning Dispatch. ...Less

Indian equities ended lower on Friday, snapping a five-session winning streak as heavy IT selling and wea ...More

Indian equities ended lower on Friday, snapping a five-session winning streak as heavy IT selling and weak global cues weighed on sentiment. Sensex fell 607 points and Nifty dropped below recent highs. Analysts remained cautiously optimistic, favouring a buy-on-dips approach supported by easing volatility and expectations of earnings recovery. ...Less

The prospective appointment of Kunal Shah to a leadership position at WhatsApp exemplifies an emerging pa ...More

The prospective appointment of Kunal Shah to a leadership position at WhatsApp exemplifies an emerging pattern: Indian founders are increasingly sought after by Silicon Valley. Unlike traditional executives who have ascended through corporate ranks, Shah's expertise originates from India's dynamic digital landscape. This reflects Big Tech’s shift towards valuing entrepreneurial acumen and market insights, potentially expanding the scope of the 'India pipeline' to include innovative leadership talent. ...Less

Higher education company UNIVO has appointed Nitin Golani as its new chief executive officer. Golani, wit ...More

Higher education company UNIVO has appointed Nitin Golani as its new chief executive officer. Golani, with over two decades of global experience in education and technology, will lead UNIVO's expansion, focusing on learner outcomes, university partnerships, and AI-driven personalized learning. The company currently serves over 200,000 learners in more than 130 countries. ...Less

Indian equities ended higher for a fifth straight session, recovering early losses despite hawkish Federa ...More

Indian equities ended higher for a fifth straight session, recovering early losses despite hawkish Federal Reserve comments. Banking stocks led gains, while broader markets stayed positive. Analysts remain optimistic on Nifty's trend but caution that near-term consolidation may follow the recent rally. ...Less

Ather Energy's board has greenlit a substantial fundraising plan, aiming to secure up to Rs 2,500 crore. ...More

Ather Energy's board has greenlit a substantial fundraising plan, aiming to secure up to Rs 2,500 crore. This significant capital infusion will be achieved through a combination of equity and convertible securities, including a Rs 1,500 crore Qualified Institutional Placement and Rs 1,000 crore from various other instruments. ...Less

Indian equities advanced for a fourth straight session as easing geopolitical tensions, lower crude oil p ...More

Indian equities advanced for a fourth straight session as easing geopolitical tensions, lower crude oil prices, softer bond yields and a stronger rupee boosted sentiment. Gains in IT, metals and PSU banks lifted benchmarks, while India VIX remained subdued amid improving market confidence. ...Less

Indian equities rallied sharply as an interim US-Iran peace framework eased geopolitical concerns and pus ...More

Indian equities rallied sharply as an interim US-Iran peace framework eased geopolitical concerns and pushed oil prices lower. Improved inflation and interest-rate expectations lifted sentiment, helping Sensex and Nifty gain nearly 1%, while broader markets, global equities and risk assets also advanced. ...Less

Trinamool Congress rebels have reportedly merged with the Nationalist Citizen Party of India. This obscur ...More

Trinamool Congress rebels have reportedly merged with the Nationalist Citizen Party of India. This obscure party, registered in West Bengal in 2023, now faces Election Commission scrutiny. The party must immediately inform the poll panel of significant changes in leadership and membership. This development occurs as the Election Commission purges unregistered parties suspected of money laundering. ...Less

Indian equities extended gains for a third straight session, with Sensex and Nifty rising on optimism ove ...More

Indian equities extended gains for a third straight session, with Sensex and Nifty rising on optimism over the Iran-US peace framework and lower oil prices. Broad-based buying in IT, realty, FMCG and oil & gas stocks supported the rally, while volatility eased sharply. ...Less

App-based platforms like Swiggy, Zomato, Uber, Ola, Rapido, Blinkit, and Zepto must register their gig wo ...More

App-based platforms like Swiggy, Zomato, Uber, Ola, Rapido, Blinkit, and Zepto must register their gig workers on the e-Shram portal by June 21. This directive aims to provide social security benefits, including health insurance and pensions, to millions of workers. The government is creating a comprehensive database to formalize this segment of the economy. ...Less

Markets rallied sharply as easing US–Iran tensions and softer crude prices boosted sentiment. Sensex and ...More

Markets rallied sharply as easing US–Iran tensions and softer crude prices boosted sentiment. Sensex and Nifty surged 2%, adding Rs 10 lakh crore in market value. Broader markets outperformed, volatility eased, and technical indicators turned bullish. Analysts expect momentum to continue, with geopolitical developments and oil prices remaining key triggers. ...Less

A viral video of dozens sleeping on Mumbai's Versova Beach has sparked debate on housing, migration, and ...More

A viral video of dozens sleeping on Mumbai's Versova Beach has sparked debate on housing, migration, and public space use. While some blame the phenomenon on heat and lack of affordable housing, others express concern about encroaching on public areas. The situation highlights the city's struggle with extreme weather and its impact on vulnerable populations. ...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

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

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

Noida International Airport opens on June 15. Passengers will primarily use cabs and private vehicles. Ap ...More

Noida International Airport opens on June 15. Passengers will primarily use cabs and private vehicles. App-based taxis like Uber and Ola will be available. Local taxi drivers anticipate increased demand. Electric bus services are expected to launch soon. Airport authorities are coordinating with mobility providers for smooth operations. ...Less

Indian equities witnessed sharp swings before ending lower amid expiry-day volatility and rising geopolit ...More

Indian equities witnessed sharp swings before ending lower amid expiry-day volatility and rising geopolitical concerns. Profit booking in broader markets, weakness in IT stocks and cautious global sentiment overshadowed support from banking and pharma shares, keeping investors on edge. ...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

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

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

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

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

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

Indian equities lost momentum after a positive start, with Nifty closing lower and broader markets declin ...More

Indian equities lost momentum after a positive start, with Nifty closing lower and broader markets declining sharply. Investor caution ahead of US inflation data, profit booking and geopolitical concerns weighed on sentiment, while FMCG and private banking stocks offered some support. ...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'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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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 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

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

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

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

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

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

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

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

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

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

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

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

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

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