Searched for
OLA ELECTRIC RESTRUCTURING
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...- Lenskart, Ola’s Q4 scorecards; Visa maze for laid-off techiesLenskart has posted a sharp jump in its March-quarter revenue even as profit dipped marginally. This and more in today’s ETtech Top 5.
- H-1B selection rate rises; VC IPO windfall in 2025There is a notable rise in H-1B selection rates, even as the number of petitions decreases. This and more in today’s ETtech Top 5.
- PhonePe IPO freeze & its impact; Startup Mafia 3.0Happy Tuesday! PhonePe has deferred its IPO, signalling a broader chill in startup listing plans. This and more in today’s ETtech Morning D...
- Ola Electric plans Rs 2,000 cr fundraise for battery armOla Electric is raising up to Rs 2,000 crore by selling a stake in its battery unit, Ola Cell Technologies. This move aims to strengthen it...
- Ola trims its realty footprint to recalibrate operations, cut costsThe company has given up over 112,000 sq ft at Prestige-RMZ Startech in Koramangala, giving up the entire seventh and eighth floors in Towe...
- Ola Electric says 5% of workforce to be trimmedThis is part of the electric two-wheeler maker’s push ahead with a business turnaround plan aimed at improving service delivery and increas...
- Ola Electric plans fundraise amid market share slump, stock slideA board meeting scheduled on May 22 will consider raising capital through NCDs or other eligible securities. This would be the Bengaluru-ba...
- Ola Electric shares hit record low after unit faces insolvency petitionRosmerta Digital Services, a vehicle registration service provider and an operational creditor of Ola Electric Technologies, has filed a pe...
- Ola Electric’s subsidiary faces insolvency plea over payment disputeRosmerta Digital Services filed an insolvency plea against Ola Electric Technologies over alleged payment defaults. Ola Electric disputes t...
- Ola Electric EV business to be Ebitda positive next quarter: Bhavish AggarwalThe EV maker, in an exchange filing, said it expects the automotive segment's Ebitda breakeven in Q1 FY26, as a result of company-wide init...
- Ola Electric cuts 1,200 jobs amid financial losses, declining market shareOla Electric layoffs comes just months after the company, led by Bhavish Aggarwal, made 300-400 employees redundant—less than 10% of its wo...
- Ola Electric said to cut over a thousand jobs to stem lossesOla Electric Mobility Ltd. is laying off over a thousand employees and automating operations to reduce costs amid rising losses and market ...
- Ola Cabs brings back Ankush Aggarwal to its ride-hailing bizAmid top-level changes at Ola Cabs, founder Bhavish Aggarwal’s brother Ankush Aggarwal has returned to the ride hailing business after a st...
- Ola Electric converts into public limited company ahead of IPO filingThe conversion of a private limited company into a public company is a mandatory step for a firm that wants to list on the stock exchange. ...
- Ola Electric cuts 200 jobs; plans to hire 3,000 to focus on non-software engineering domainsOn the other hand, Ola Electric said it "currently has around 2,000 engineers and aims to increase its engineering talent pool to 5,000 ove...
- Ola Electric to open "experience centres" to bolster scooter salesThe company had said earlier that it was at the forefront of disrupting traditional automotive distribution channels by selling directly to...
- Ola to lay off 1,000 employees while hiring aggressively for EV bizThe entire restructuring exercise – which is expected to be on for a few weeks more - is to focus more on its electric mobility business, w...
- Ola starts handing pink slips, defers appraisalThe SoftBank-backed firm has started laying off employees across functions, said people in the know, but did not share the number of job cu...
- Ola Electric to hire 2,000 people globally, launch e-scooter soonIn May this year, ride hailing major Ola had announced laying off 1,400 employees from rides, financial services and foods business as its ...
Load More
