Ola Electric Mobility Shares Fall to New Low After Unit Hit With Insolvency Petition
Shares of Indian two-wheeler maker Ola Electric Mobility slumped to a record low after one of its units' creditors filed a petition in court alleging a default in payment. Shares fell to 46.94 rupees, ...
India's Ola Electric shares hit record low after unit faces insolvency petition
Shares of India's Ola Electric Mobility fell more than 3% to a record low on Monday, after the company said that one of its ...
Ola Electric shares slide 7%, slips to record low amid insolvency petition against subsidiary
The petition was filed by Rosmerta Digital, an operational creditor of Ola, before the National Company Law Tribunal (NCLT), ...
Indian state to subsidise e-scooter purchases by some gig workers
India's southern state of Tamil Nadu will offer a subsidy of 20,000 rupees ($230) to select gig workers to buy e-scooters, a ...