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OLA PLI SCHEME
Tech jobs go cold; Chip startups shift gearIndia’s tech hiring has fallen to its lowest level in more than two years. This and more in today's ETtech Top 5.- Flipkart puts IPO on ice; Rapido's $240 million raiseFlipkart has hit pause on its IPO in a jittery market. This and more in today's ETtech Top 5.
- Ola Electric in talks to supply battery cells to global automakersOla Electric is in discussions with global and domestic automakers to supply lithium-ion cells and battery packs. The company's Krishnagiri...
- EV founders say PLI Auto needs an overhaul, leaves startup at a disadvantageElectric vehicle startups are pushing back against the current production-linked incentive (PLI) scheme for automobiles, arguing its string...
- Startups seek digital gold rules; IT firms bet on freshersHappy Friday! The Centre may be open to creating an oversight framework for the digital gold sector. This and more in today’s ETtech Mornin...
- Ola Electric shares nearly double from a record low: Is a comeback in sight?Besides luck, certain positive updates and improving numbers suggest the rally could be backed by real progress. Momentum is building as in...
- Ola Electric shares surge 35% in 3 days as EV momentum acceleratesOla Electric extended its gains in Friday's session, boosted by strong demand, new product certifications, and a major milestone as its in-...
- Ola Electric shares rally 33% in three days, market value soars by Rs 3,360 crore. What's behind the surge?Ola Electric shares surged over 7% on Monday, capping a 33% gain in three sessions, driven by robust March sales, PLI certification for its...
- Ola Electric shares rally 5% after Rs 366.78 crore PLI incentive sanctioned for FY25Ola Electric Mobility shares surged after the company secured a Rs 366.78 crore incentive under the Production Linked Incentive (PLI) Schem...
- Ola Electric becomes first 2W EV manufacturer to bag PLI incentivesOla Electric becomes the first two-wheeler EV manufacturer in India to receive incentives under the PLI-Auto Scheme. The company was grante...
- Ola Electric’s battery unit receives IFCI notice for missing PLI-ACC scheme targetsIt received a letter from the IFCI for failing to meet targets under the PLI Advanced Chemistry Cell scheme. IFCI is the project management...
- Ola Electric receives letter from IFCI for missing out on PLI milestonesOla Electric's subsidiary missed targets under the PLI ACC scheme, as mentioned in a letter from IFCI Ltd. Despite the setback, an Ola spok...
- Battery PLI: Beneficiaries asked to pay penalty for missing targetsThe Ministry of Heavy Industries has issued penalty notices to Ola, Reliance, and Rajesh Exports for not meeting targets under the ACC Batt...
- Ola Electric e-scooter S1 X 2kWh gets PLI certificationOla Electric announced that its S1 X 2kWh electric scooter has received compliance certification under the production linked incentive (PLI...
- Ola Electric shares rise over 4% after PLI approval for two more vehicle modelsOla Electric Mobility's shares increased 4.4% after the company received PLI certification for two more of its electric scooters. This appr...
- Ola becomes only EV maker to secure PLI certification for four electric scootersOla Electric's S1 X 3 kWh and S1 X 4 kWh scooters received certification for the Production Linked Incentive (PLI) Scheme. The company is n...
- Ola Electric receives PLI approval for two more vehicle modelsThe incentive for the 3 KwH and 4 KwH versions of Ola Electric’s S1X scooters will range between 13% and 18% of their determined sales valu...
- Tata, Mahindra, and Ola eye double benefit of Auto PLI and FAME with early approvalsTata Motors, Mahindra, and Ola Electric are set to benefit from the government's PLI program and FAME-II scheme. These companies have recei...
- Ola Electric gets domestic value addition certificate under auto PLIOla Electric received domestic value addition certificate under the PLI scheme for the automobile and auto component industry. The company ...
- Ola Electric becomes 1st EV company to get PLI approval: ReportIPO-bound Ola Electric reportedly got the nod in record four months. The PLI certification is expected to offer the company benefits worth ...
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