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GST ON OLA
Swiggy CEO on failed shareholder vote; Indian firms brace for MythosHappy Thursday! Swiggy group CEO Sriharsha Majety opened up about the recent hitch to become an Indian-owned company. This and more in toda...- Groww investors reap bumper returns; Lightspeed’s India rethinkHappy Wednesday! Groww delivered strong gains to early investors after the IPO lock-in expired. This and more in today’s ETtech Morning Dis...
- Ola Electric vs Ather Energy: Which stock looks better after a stellar surge of up to 70% in April?Ola Electric shares have rebounded sharply, surging 68% in under 10 sessions, while Ather Energy gained 16% over the same period. Despite t...
- Ola Electric vs Ather Energy shares: Which EV bet looks stronger for your portfolio right now?Ather Energy shares have surged 66% post-IPO, while Ola Electric has lost 22.5% since debut. Analysts highlight Ather’s strong revenue grow...
- Ola Electric auditor raises alarm; Urban Company's pre-IPO dealOla Electric's auditor draws attention to missing internal controls at a key subsidiary. This and more in today's ETtech Top 5.
- Zomato, Swiggy's GST woes; Amazon's $200-million Axio dealWith the overhaul of India's GST regime, food delivery companies Zomato and Swiggy stare at a new tax burden. This and more in today's ETte...
- Ola Electric shares plunge 8% as Govt slashes GST on two-wheelers with up to 350 cc capacityOla Electric shares slumped nearly 8% to Rs 63.71 after the government slashed GST on two-wheelers up to 350cc to 18% from 28%. The move, a...
- Ola Electric shares rally 5% on policy talks to speed EV adoptionShares of Ola Electric rose up to 4.7% on reports that Niti Aayog has called a high-level meeting with top two-wheeler makers to push elect...
- From here on, all bets are on how GST is impacting demand, says Dinshaw Irani and adds why Helios is betting on OlaHelios Mutual Fund is optimistic about domestic consumption, recently adding Ola to its portfolio due to its EV two-wheeler potential. Dins...
- Ola Electric shares skid 7% after 2-day rally as VAHAN data cools sentimentOla's share price tumbled after VAHAN data showed the EV maker lagging rival Ather Energy in August sales, with 9,522 registrations versus ...
- Ola Electric shares rally 25% in 2 days. Analysts say Rs 57 within reach; should you buy?Ola Electric share price rebounded this week, rallying 25% after a significant slide. Investors are weighing potential GST reforms that cou...
- Ola Electric shares rally over 8% but GST news could be negative for EVsOla Electric's stock price increased, reaching Rs 44.70. This happened even with worries about Goods and Services Tax changes. These change...
- GST on ride-hailing: Karnataka AAR says may recall ruling on Namma YatriThis follows Bengaluru-based Juspay hiving off the cab-hailing business to a subsidiary, Moving Tech Innovations. The AAR said the company ...
- Ride-hailing firms to seek GST clarity from tax regulatorOla, Uber, and Rapido will approach CBIC regarding GST on their SaaS model following conflicting rulings from the Karnataka AAR. Some firms...
- Ola, Uber roll out subscription-based plans for auto driversAdopting Namma Yatri, Rapido model may help platforms bypass 5% GST on auto rides. Ola has released its subscription model over the last fe...
- Delhi HC upholds govt notifications imposing GST on Ola, Uber autos ridesWhile dismissing Uber’s petition challenging the levy of GST, the HC held that the notifications under challenge did not result in discrimi...
- Uber, Ola challenge 5% service charge cap on auto rides in BengaluruThe Karnataka High Court on Wednesday ordered notice to the state government on writ petitions filed by app-based ride hailing companies ag...
- Another gaming unicorn; GST for Swiggy and Zomato?Mobile Premier League is the 26th Indian startup unicorn of 2021—and the second homegrown gaming startup to cross the $1 billion valuation ...
- GST may derail Ola, Uber's cab-leasing programmesEmployees associated with the driver experience teams indicate challenges dealing with a further backlash from the drivers in the coming mo...
- Corporate executives rush to foreclose car leases before GSTCab aggregators such as Uber and Ola that have about 30,000 leased cars also face this threat. Lease rentals could rise by 25-30% in the GS...
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