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CITI ON OLA ELECTRIC
Uber India head Prabhjeet Singh quits, to join as OpenAI MDUber India's head, Prabhjeet Singh, is departing after an 11-year tenure to join OpenAI as its India MD. Singh, led Uber's significant grow...- Noida airport to rely on cabs as flights begin on June 15Noida International Airport opens on June 15. Passengers will primarily use cabs and private vehicles. App-based taxis like Uber and Ola wi...
- Ather board to consider fresh fundraise on June 12The fundraising could be undertaken through routes including a qualified institutional placement (QIP), a rights issue or other permissible...
- Ola Electric launches QIP, sets floor price at Rs 37.74Ola Electric has launched a qualified institutional placement (QIP) with a floor price of Rs 37.74 per share to raise funds amidst challeng...
- Ola Electric shares fall nearly 4% as firm launches QIP to raise funds. Check floor price, other detailsOla Electric's shares dipped 3.5% after approving a qualified institutional placement (QIP) with a floor price of Rs 37.74 per equity share...
- Ola Electric opens QIP, sets floor price at Rs 37.74/shareOla Electric Mobility has approved its qualified institutional placement (QIP), setting a floor price of ₹37.74 per equity share. This fund...
- 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.
- 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...
- 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...
- Tata to probe TCS Nashik case; Sharon Pais takes over MyntraTata Sons chairman N Chandrasekaran has ordered a probe into the sexual harassment case at TCS Nashik. This and more in today's ETtech Top ...
- Thane consumer commission orders Ola Electric to replace defective scooter or issue refundA consumer commission in Thane has ordered Ola Electric to replace a faulty electric scooter or provide a full refund. The company faced cr...
- Ola Electric expands 'Ola Insiders' upgrade program to over 150 cities after strong initial tractionBuilding on this momentum, the company is expanding the upgrade program to over 150 cities starting today, enabling 80% of customers across...
- Ola Electric shares fall 2% as Citi slashes target price by over 18%. Here’s why brokerage is bearishOla Electric share price tumbled 2% as Citi Research slashed its target price by 18.5% to Rs 22, citing downward revenue revisions and mark...
- From Rs 157 to just Rs 25: Ola Electric shares plunge 84% from peak. Should you catch this falling knife?Ola Electric shares have plummeted 84% from their peak, wiping out significant investor wealth and now trading below their issue price. The...
- Ola Electric shares plunge another 5% to hit all-time low after Citi slashes target price by 51%Shares of Ola Electric Mobility hit a fresh 52-week low after Citi downgraded the stock to Sell and cut its target price by 51%. As reporte...
- Citi initiates coverage on Ola Electric with Rs 90 target price. Here's what it saidOla Electric Share Price: Citi initiated coverage on Ola Electric with a "buy" rating and a Rs 90 target price, citing a 22% upside. They h...
- Ola Electric expands test rides of e-scooters pan-IndiaThe test rides will be initially open only for those who have purchased or reserved the Ola S1 and S1 Pro scooters, it added. Ola had kicke...
- Ola readies big push for electric vehicles in IndiaOla, which is locked in an intense battle in the Indian market with US-based Uber, is expected to roll out the pilot program in cities like...
- Hyderabad startup Gayam may power Ola's electric vehicle fleetGayam Motor Works, launched in 2010 by brothers Raja Gayam and Rahul Gayam, manufactures electric assistive bicycles and electric autos.
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