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OLA ELECTRIC
MeitY probes physical AI data use; Nvidia CEO Jensen Huang resignsMeitY is reviewing the practice of collecting first-person video and sensor data from gig workers to train physical AI models. This and mor...- Ola Electric’s Q2 revenue slumps 39% to Rs 421 crore, losses narrowThe company said it has stopped taking orders from its direct-to-consumer stores on Nov 1, and plans to close them by December. The company...
- Demand no longer a constraint: Ola Electric's Bhavish Aggarwal on Q2 earnings callThe bottleneck is not Ola's own plant, which Aggarwal said in his post already has high installed capacity, but its suppliers. About 5,000 ...
- Ola Electric says demand outstrips supply, targets 25,000 vehicles in DecemberOla Electric Mobility is experiencing high demand for its electric two-wheelers, causing supply constraints. The company plans to ramp up p...
- Zee Entertainment approves Rs 600-crore share buyback at Rs 91 apiece; promoters to stay outZee Entertainment has approved a Rs 600 crore share buyback at Rs 91 per share, a 24% premium over its latest NSE closing price. The compan...
- Ola Electric Q2 Results: Loss narrows YoY to Rs 362 crore, revenue falls 39%Ola Electric Q2 Results: The electric two-wheeler maker's revenue from operations fell 39% year-on-year (YoY) to Rs 421 crore from Rs 690 c...
- Lenskart, Meesho deliver gains of nearly $400 million for SoftBank Vision fundsLenskart saw returns of $273 million, the highest among the Vision funds' listed investments, while Meesho gained $121 million, according t...
- Ola Electric shares jump 7% ahead of Q2 results, extends EV-policy rallyOla Electric shares have rallied 9% in two sessions, adding over Rs 1,400 crore to the company's market value after the Centre made EVs its...
- Stocks in news: Tata Power, Cupid, Garden Reach, ITC, Aurobindo Pharma and Vodafone IdeaIndian benchmark indices have extended their winning streak, closing positively after the Muhurat trading session. Key stocks such as life ...
- Vietnam’s Green SM set for Bengaluru debut by December, ruffling ride-hailing marketSenior government officials said Karnataka has granted Green SM an aggregator licence under the Karnataka On-demand Transportation Technolo...
- Centre's EV push puts electric mobility stocks in the fast lane; M&M, Ola Electric lead rally with gains of up to 5%Electric mobility stocks rallied on Wednesday after the Centre made EVs the default choice for government staff-car procurement and doubled...
- Mercedes plans bigger India play with greater localisation of partsMercedes-Benz plans to increase its local manufacturing efforts while expanding its supplier base in India. The luxury carmaker expects to ...
- Electric two-wheeler sales hit record 2.24 lakh units in October on festive demand, new modelsTVS Motor retained its leadership in October, nearly doubling registrations to 60,433 units and expanding its market share to 27% from 20.6...
- Positive Breakout: These 7 stocks cross above their 200 DMAsAs long as a stock's price remains above its 200-day moving average on the daily timeframe, it is generally interpreted as being in an over...
- Ola Electric’s Rs 1,000-crore rights issue fully subscribed ahead of closing dateThe rights issue, which opened on Thursday, will close on October 30. Shareholders could sell or transfer their rights entitlement in the m...
- Cognizant eyes Sarvam stake; Ather aims for higher market shareHappy Wednesday! Cognizant has held discussions to invest in homegrown AI startup Sarvam. This and more in today’s ETtech Morning Dispatch.
- SoftBank sold 1.2% stake in Ola Electric between January-OctoberThe investor also sold rights entitlements to subscribe to an additional 1.12 crore shares, according to a disclosure filed with the stock ...
- SoftBank sells 1.21 crore Ola Electric rights entitlements as EV maker seeks to raise Rs 1,000 croreSoftBank sold nearly 28% of its Ola Electric rights entitlements over two sessions as the company launched a Rs 1,000-crore rights issue. M...
- Ola Electric shares dip 5% after Goldman Sachs downgrades stock to Sell. Here’s whyOla Electric shares fell sharply on Friday after Goldman Sachs downgraded the stock to Sell from Neutral and cut its target price to Rs 23,...
- Motilal Oswal entities apply for 2.39 crore Ola Electric shares in Rs 1,000-crore rights issueMotilal Oswal Financial Services and Calliope Capital Advisors have put in their bids for shares in Ola Electric Mobility's latest rights i...
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