The Softbank-backed company has set a price band of Rs 72 to Rs 76 per share for the maiden share sale and is expected to test the appetite for new-age loss-making companies. IMAGE: Bhavish......
The Ministry of Heavy Industries has approved 11 electric vehicle (EV) manufacturers, including Ather Energy, Bajaj Auto, Hero MotoCorp, Ola Electric, and Mahindra, to receive incentives under the......
The new four-wheeler (4W) electric vehicle (EV) policy may spur the entry of global majors. Photograph: Adnan Abidi/Reuters The manufacturing policy cuts Customs duty to 15 per cent, given a......
The US-based investment management firm Vanguard has adjusted the valuation of the mobility company Ola to $1.88 billion. Photograph: Shailesh Andrade/Reuters This represents the third markdown......
Ola Electric’s initial public offering (IPO), of Rs 5,500 crore, is essentially aimed at ensuring the company maintain its top position in the electric two-wheeler segment, with incumbent......