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Ola Electric Q1: Revenue halves, losses widen to Rs 428 croreOla Electric faced a significant drop in operating revenue, declining nearly 50% to Rs 828 crore in Q1 FY26, while net losses widened. Desp...
Ola Electric stays third as TVS, Bajaj lead EV two-wheeler race in JuneOla Electric maintained its third-place position in India's electric two-wheeler market for the second consecutive month in June, registeri...
Ola Electric reports revenue decline and widening losses in March quarterOla Electric's March quarter saw a significant revenue drop and widened losses, impacted by registration process issues and declining marke...
Ola Electric loss widens to Rs 870 crore in March quarter as sales scoot overOla Electric's March quarter financials revealed a significant revenue drop and widened losses, impacted by registration process issues and...
Ola Electric board clears Rs 1,700 crore debt raise via NCDsOla Electric plans to raise up to Rs 1,700 crore through non-convertible debentures (NCDs) or other debt instruments via private placement....
Ola Electric to bolster sales, service network to 4,000 outlets on Dec 25Ola Electric said in a statement that, with over 3,200 new stores added to its existing network, it is bringing its electric vehicle (EV) p...
Classic Legends to open 200 Jawa-Yezdi showrooms every yearClassic Legends, a subsidiary of Mahindra and Mahindra Ltd, plans to open 200 new retail showrooms annually. This was announced by the comp...
Reliance Ind's fashion portal Ajio emerges as a strong rival to Walmart-owned MyntraMore than a dozen global and Indian sellers on both platforms said Ajio is already in the reckoning and many of their businesses have reach...
Myntra shutters two loss-making offline stores in Mumbai, B’luruFashion retailer closes down Mango store in Mumbai and private brand Roadster’s in Bengaluru.
Myntra shutters two loss-making offline stores in Mumbai, BengaluruThe closure of the loss-making stores is part of Myntra’s change in strategy after Walmart acquired parent Flipkart Group for $16 billion.
Myntra eyes mall space, may open large storesThe Walmart-owned company plans to sell women’s fashion, sports and lifestyle products, accessories and cosmetics through these stores.
Myntra comes offline with cosmetic productsAnanth Narayanan, chief executive at Flipkart-owned Myntra-Jabong, said the company will enrol franchisees to run the beauty and cosmetics ...
To drive volumes, BMW to create one new segment every yearAfter years of declining sales, the German luxe car major had posted a robust 25 per cent volume growth in 2017, creating 9,800 new custome...
Myntra plans to enter beauty store segmentMyntra already sells more than 100 beauty and cosmetics brands including MAC, Clinique, Bobbi Brown, and Estee Lauder, on its ecommerce pla...
Flipkart planning offline cart to sell foreign brandsFlipkart is in advanced talks with Giordano for a licensing deal to sell the Hong Kong-based apparel and accessory retailer’s products both...
Myntra to sub-franchise Mango stores in IndiaJaipur-based Samarth operates more than 100 outlets of Benetton, Hilfiger, Lee, Wrangler, Calvin Klein etc while New Delhi-based G&B operat...
Myntra to foray into offline retail segment with Mango brandThe ecommerce major had earlier unsuccessfully tried to acquire the store network of US brand Forever 21, which it lost to Aditya Birla gro...
Myntra to open its first retail store in Bengaluru in move beyond digitalThe first store will be opened under Myntra’s private brand Roadster in swish shopping district of 100 Feet Road that is already home to Zi...
In 3 months, Myntra to open a store with private brandsWe plan to launch omni-channel with our private brands — Roadster, HRX and All About You, CEO Ananth Narayanan told.
Indicted ex-FIFA official posted $10 million bond with 10 properties, 3 cars, wife's wedding ringFormer FIFA vice president Jeffrey Webb was forced to hand over "a treasure chest full of items" in order to post his $10 million bond.