Ola: Latest News and Updates, Top Stories, Videos, Photos About Ola

Olas Net Loss Shrinks in FY23: Revenue Growth and Mobility Business Profitability Drive Improvement

ANI Technologies, the parent company of Ola, reported a narrower consolidated net loss in FY23, driven by increased revenue and improved profitability in its mobility business....

Indraprastha Gas, MGL Shares Tumble Over 10% After Delhi Govt Gives Nod To EV Policy

The share price of Shares of City Gas Distribution companies Indraprastha Gas (IGL) and Mahanagar Gas (MGL) tumbled over 10% during the intraday trading on Friday after the Delhi government gave nod to the electric vehicle (EV) policy for cab aggregators ...

Ola Electric Hires Goldman And Kotak For IPO Oversight, Aims For India's Largest Listing

India's Ola Electric has reportedly chosen investment bank Goldman Sachs and domestic bank Kotak to oversee its upcoming stock market listing, scheduled for the end of 2023. A source familiar with the situation shared this information with Reuters. Ola Electric, renowned ...

Ola, Uber & 3 Other Digital Platforms Score Nil, In Rating Of Fair Work Conditions For Gig Workers: Report

Five digital platforms -- cab aggregators Ola and Uber, grocery delivery app Dunzo, pharmacy platform PharmEasy and Amazon Flex -- have the lowest scores in a rating of digital platforms on the basis of providing fair working conditions for gig workers. ...

Ride Hailing Firm Ola Shuts Its Used Car And Quick Commerce Businesses

Ride hailing firm Ola has taken a decision to shut down its used car business-Ola Cars which was launched less than a year back. At the same time, the company has also decided to terminate the operations of Ola Dash, its ...

Ola Electric Recalling 1,441 Units of 'Electric Two-Wheelers'

Ola Electric is recalling 1,441 units of its electric two-wheelers in the wake of incidents of vehicles catching fire, according to a company statement. The company said its investigation into the fire incident on March 26, in Pune, is ongoing and ...

Ola To Invest Over $100 Million To Set Up Advanced Engineering And Vehicle Design Centre In UK

Ola Electric on Thursday said it will invest over USD 100 million (about Rs 750 crore) over the next five years and set up a global centre for advanced engineering and vehicle design in the UK. This centre - called the ...

10 Most Anticipated IPOs in 2022

Ending 2021 with a good IPO number and a promising Stock market, the year ahead is also likely to witness a surge in IPOs as the many startups, companies are planning to go public by the end of 2022. The IPO ...

Why Investing In EV Sector Could Give You Good Returns In 2022?

Since practically all automakers have pledged billions of dollars or ambitious aspirations to go "all EV" by 20-whatever, you can't compare investment in EVs to investing in the auto industry in general. Before going fully electric, most people should wait for ...

Ola Raises USD 500 Million Debt

Ride hailing platform Ola on Thursday said it has raised USD 500 million debt from marquee international institutional investors. The company has raised the amount via Term Loan B (TLB). Institutional investors that seek higher yields and can stay invested over ...

4 IPOs Launching in 2022 That Could Change The Indian Capital Market

The financial year 2020-21 was a good year for the Indian stock market as a number of IPOs got listed for bidding and got listed. The majority of the IPOs opened for bidding received promising gains when they got listed in ...

Ola Money: How to use it?

The introduction of the digital wallet has bought in a sea of change in the way we conduct financial transactions. Over the last few years, many digital wallets have been introduced in India to promote cashless payments. One such money wallet ...

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