Ola Electric raises Rs 780 crore via QIP amid market share, cash burn pressureOla Electric Mobility has secured approximately Rs 780 crore through a qualified institutional placement, aiming to bolster its recovery ef...
Electric two-wheeler sales cross 150,000 in May amid fuel price riseThe recovery comes after a 22% month-on-month fall in April from a record 192000 units in March, when automakers used aggressive discounts,...
India's electric scooter market regains charge after April slowdownIndia's electric two-wheeler market saw a strong rebound in May. Registrations rose significantly, recovering from a dip in April. Major pl...
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...
Ola Electric eyes commercial EV launch for gig workers amid quick commerce boomSources said the company received approval for the new vehicle in early February and is expected to launch the model in the coming quarters.
Ola Electric secures approval for commercial e-scooter launchOla Electric has received government approval for a new electric scooter designed for commercial use. This move signals Ola Electric's pote...
Gig workers’ union calls for five-hour shutdown over rising fuel costs; protest on SaturdayGig and platform service workers are planning a five-hour nationwide shutdown on Friday to protest rising fuel prices and stagnant pay. The...
Ola's Gig and S1 Z to feature 'Bharat cell'Ola Electric CEO Bhavish Aggarwal announced the upcoming launch of the Ola Gig and S1 Z scooters featuring the 4680 Bharat cell technology ...
Ola Electric shares jump 16% in 2 sessions. Here's what is triggering the stockCurrently operating 800 stores, the company aims to open 3,200 stores in under three weeks, equating to 178 stores per day.
Ola Electric shares jump 20% on new scooter launches, Citi's 'Buy' ratingIndia's gig economy workers and cost-conscious consumers are the target for the two new electric scooter models—the S1 Z and Gig. The stock...
Ola Electric shares hit 20% upper circuit on affordable EV scooter launch and Citi's 'Buy' callOla Electric share price: Ola Electric shares are in focus following the launch of two new affordable electric scooter ranges, the S1 Z and...
Ola Electric launches scooters to target gig workersThe new models that come in different variants — Ola Gig, Ola Gig+, Ola S1 Z and Ola S1 Z+ — are offered at an introductory ex-showroom pri...
Ola launches S1 Z and Gig: Its most affordable electric scooter yet at Rs 39,000Ola Electric is launching two new affordable electric scooter models, the S1 Z and Gig range, starting at Rs 39,000. Deliveries begin in Ap...
Karnataka announces cess on transactions conducted through aggregator platforms to support gig workersAddressing a press conference, Karnataka Labour Minister Santosh Lad said, "The Labour Department of Karnataka has decided to impose cess o...
Rajasthan govt announces Rs 200-crore fund for gig workers, will others follow suit?Chief Minister Ashok Gehlot announced the enactment of the Gig Workers Welfare Act, the establishment of a board and a welfare fund of Rs 2...
Gig Workers Fund: Internet firms seek clarity on social security inputsOnline platforms, such as Amazon India, Ola, Uber and Urban Company, have asked the labour ministry to clearly define turnover, which will ...
Gig workers are super heroes who keep neighbourhoods connectedA report by Ola Mobile Institute highlights the contribution of gig workers to the ongoing fight against the pandemic and collaborative mea...