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Ola Electric To Restart New Product Launches After Service Problems Hit Rollout Plans
Ola Electric said it slowed new product launches while dealing with service backlogs, spare-part shortages and operational issues across its repair network.
Indian Oil, JSW Cement, Zydus Wellness, Ola Electric Q4 Results Today — Earning Estimates
JSW Cement is expected to report March-quarter earnings with revenue at Rs 1,869.19 crore.
Logistics company A-1 to expand fleet size to drive growth
Chemical logistics firm A-1 Ltd is expanding its fleet with 10 new multi-axle tankers to fuel growth, aiming to become a multi-vertical green enterprise by 2028. The Gujarat-based company reported nearly Rs 343 crore in revenue for FY26, driven by supply pacts and expansion into electric mobility.
Hero MotoCorp shares gain 2% after Q4 results. Why Goldman Sachs still forecasts 16% downside?
Hero MotoCorp shares edged higher on Wednesday after the company reported record Q4 FY26 revenue and profit. However, Goldman Sachs still expects a 16% downside, flagging risks from commodity inflation, supply-chain stability and FY27 market-share trends, even as strong volumes, premium launches and the electric mobility segment drive momentum.
Andhra Pradesh govt notifies five model e-mobility cities under EV policy 4.0
Andhra Pradesh has launched its Sustainable Electric Mobility Policy 4.0. Five cities, Visakhapatnam, Rajahmundry, Vijayawada, Nellore, and Tirupati, are now model e-mobility hubs. The state aims to boost electric vehicle adoption with new charging infrastructure and green corridors. This initiative will improve transport efficiency and reduce pollution across the state.
From setbacks to second wind, what next for Ola and Bhavish Aggarwal?
Ola Electric is struggling to revive its position after a sharp fall in market share, financial stress and operational challenges. Founder Bhavish Aggarwal has shifted focus to fixing service issues and pushing aggressive price cuts and battery-led growth, even as competition from established players intensifies.
Ola Electric shares rally 33% in three days, market value soars by Rs 3,360 crore. What's behind the surge?
Ola Electric shares surged over 7% on Monday, capping a 33% gain in three sessions, driven by robust March sales, PLI certification for its Roadster X+ motorcycle, and improved service operations. The company achieved over 1,000 daily orders and crossed 1 million cumulative registrations, signaling a strong turnaround and renewed investor confidence in India's EV market.
Ola Electric plans Rs 2,000 cr fundraise for battery arm
Ola 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 its finances and restructure operations. The company's battery plant in Tamil Nadu is set to expand its capacity. This development is crucial for India's domestic EV supply chain and energy storage solutions.