Ola Electric shares plummeted over 7% after Rosmerta Digital Services filed for insolvency proceedings against Ola Electric Technologies. The stock hit a 52-week low.

Rosmerta Digital Services Ltd has filed for insolvency proceedings against Ola Electric Technologies Pvt Ltd, alleging default in payment for services rendered. Ola Electric disputes the claims and...

Ola Electric achieves Rs 90 crore monthly cost savings, targets EBITDA breakeven in Q1 FY26. The company implemented a network transformation program, reducing delivery times and inventory.

Ather Energy has converted its preference shares into equity, paving the way for its IPO expected in April. This move follows Ola Electric's successful IPO in August 2024.

Ola Electric becomes the first 2-wheeler EV manufacturer in India to receive incentives under the PLI-Auto Scheme, highlighting its leadership in the country's EV revolution.

Haryana CM Saini announced a Rs 100 crore Urban Drainage Fund, increased allocation for urban bodies, and plans for infrastructure development in the state budget.

Bajaj Finserv acquires Allianz's 26% stake in Bajaj Allianz Life and General Insurance for Rs 24,180 crore, marking the end of a 24-year partnership.

True North led a Rs 245 crore fundraising by Nivara Home Finance, with Baring PE India and promoters also participating. The investment aims to support Nivara's expansion plans and enhance its...

RBI Governor Sanjay Malhotra calls for an end to repeated KYC document requests by banks, citing inconvenience to customers. He also stresses the importance of complaint redressal and using AI for...

Mercedes-Benz India expands its luxury portfolio with the launch of the Mercedes-Maybach SL 680 Monogram Series, priced at Rs 4.2 crore (ex-showroom). The car is expected to be delivered early next...

Haryana CM Saini announced a Rs 100 crore Urban Drainage Fund, increased allocation for urban bodies, and plans for infrastructure development in the state budget.

Bajaj Finserv acquires Allianz's 26% stake in Bajaj Allianz Life and General Insurance for Rs 24,180 crore, marking the end of a 24-year partnership.

Zomato faces an insolvency plea before the NCLT due to unpaid dues from an apparel supplier, Nona Lifestyle. The NCLT has adjourned the matter to April.

Haryana government announces purchase of 1025 new buses including electric, AC, and non-AC, with plans for modern bus depots and free travel for 'Divyang' citizens.

True North led a Rs 245 crore fundraising by Nivara Home Finance, with Baring PE India and promoters also participating. The investment aims to support Nivara's expansion plans and enhance its...