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OLA ELECTRIC RAIDS
Ahead of Market: 10 things that will decide stock market action on TuesdayIndian markets closed lower as IT stocks and tariff concerns offset positive earnings cues. Nifty held key breakout levels despite profit-t...- Ola’s Bhavish Aggarwal hopes for turnaround with new home battery storageOla Electric, once a highly sought-after IPO, is now facing investor reluctance for its new fundraising rounds. Despite a new venture into ...
- Bhavish Aggarwal hopes for Ola Electric's turnaround with Shakti home battery storageOla Electric, once a market leader, is struggling to secure funding amidst declining sales and a significant share price drop. The company ...
- Redtape shares in focus amid reported ongoing income tax investigationRedtape Share Price: The Income Tax Department’s ongoing probe into Redtape has entered a forensic audit stage, with officials examining se...
- Ola Electric shares slide over 3% after Maharashtra orders closure of unlicensed showroomsShares of Ola Electric fell 3.5% after a report revealed that the Maharashtra Transport Department had ordered the closure of its showrooms...
- Smaller EV players nearly wiped out as FAME-II crackdown triggers sales collapseElectric two-wheeler makers penalised for FAME-II subsidy violations have experienced a significant sales decline, with smaller players str...
- Ola Electric’s Bhavish Aggarwal cheers rival Ather on stock market debutOla Electric congratulated rival Ather Energy on its stock market debut, with both CEOs exchanging warm messages of support on social media...
- Ola Electric says unaware of notice to shut 100 showrooms in MaharashtraOla Electric denies knowledge of Maharashtra's order to shut down over 100 showrooms due to missing trade certificates, despite reports and...
- Maharashtra transport department cracks down on Ola Electric showrooms operating without trade certificatesIn a letter dated April 16, the state’s joint transport commissioner noted that 121 Ola Electric showrooms are operating without trade cert...
- Ola Electric clarifies if Feb sales data includes yet-to-be-delivered bikesOla Electric clarified that its February 2025 sales figures reflect genuine customer demand with full payments, addressing concerns raised ...
- Ola’s February sales added e-motorbikes not even rolled out yetOla Electric included bookings for unlaunched e-scooters and motorcycles in its February sales, inflating numbers amid regulatory scrutiny....
- Roshni Nadar Malhotra to become third richest Indian after dad Shiv Nadar gifts HCL stakeRoshni Nadar Malhotra becomes India's third-richest individual after receiving a 47% stake in HCL Corporation and Vama Delhi from her fathe...
- Ola Electric shares drop 5% following report of raids and seizures over rule violationsShares of Ola Electric Mobility dropped 5% to Rs 53.78 on Monday after a report revealed the company faced raids and seizures for alleged r...
- Ola Electric stores see raids, seizures on flouting India rulesSince 2022, Ola Electric has expanded to 4,000 physical locations. However, a Bloomberg investigation found that, out of 3,400 showrooms wi...
- Oppo dodged Rs 4,389 crore tax, says govt; Ola Electric invests $100M to make its own batteriesEarlier today, the Ministry of Finance said officials from the Directorate of Revenue Intelligence conducted searches at Oppo India and fou...
- Twitter sues Indian govt; ED raids Vivo offices in money-laundering caseLast week we reported that the Indian government had given Twitter until July 4 to heed its takedown requests or lose immunity from prosecu...
- India remains trigger-happy on internet shutdownsBy the end of the year, India was responsible for at least 106 such incidents, making it the worst offender on internet shutdowns for the f...
- Trell is the new BharatPe; Boat plans acquisition spreeThe note is significant as it signals a rift between the company’s founders and some of its investors. It is reminiscent of the recent boar...
- Now, tax officials raid Zetwerk; India’s four-way ecommerce fightAnother startup – Zetwerk – faces the prospect of a tax evasion probe after officials raided its offices and the homes of its founders.
- Tax trouble for Infra.Market; Walmart CEO bullish on PhonePeThe company faces an income tax investigation after officials raided its offices in many cities, sources told us.
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