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THE TRUTH ABOUT: Ola | History Defined

Ola Electric launches QIP, sets floor price at Rs 37.74

Ola Electric has launched a qualified institutional placement (QIP) with a floor price of Rs 37.74 per share to raise funds amidst challenges like slowing sales and shrinking market share. The company aims to navigate these issues by doubling down on localisation and vertical integration, with a focus on EV…

The Economic Times

MBA Graduate Quits ₹25 LPA Job to Drive Ola Cab, Now Earns ₹1.5 Lakh a Month

Success is often associated with prestigious degrees, high-paying corporate jobs, and impressive titles. However, a recent social media post has reignited the debate over whether unconventional career choices can sometimes lead to greater financial independence and personal fulfillment.

Whats Hot

Ola Electric sees 23 pc growth in monthly registrations in May

Ola Electric saw a significant jump in vehicle registrations last month. May Sales increased by 23 percent compared to April. This growth outpaced the overall electric two-wheeler market. The company attributes this success to retail changes and better operations. Rising petrol prices are also encouraging more buyers to switch to…

The Economic Times

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Ola Electric shares jump 9%, skyrocket 93% in 2 months. What's fuelling the rally?

Ola Electric shares surged to a more than four-month high after the EV maker reported a narrower quarterly loss and showed signs of sequential improvement in volumes and market share. Brokerages remain cautious on the long-term recovery outlook, citing rising competition, execution challenges and the need for sustained operational improvements.

The Economic Times

'Curb unfair practices by drivers': Court orders Ola to pay Rs 50,000 to passenger driven 25 km away from destination

A consumer court in Andhra Pradesh held Ola responsible after a driver stranded a woman en route to a judicial exam. The platform was ordered to pay Rs 50,000 compensation for the mental distress caused. The court emphasized Ola's duty of care, rejecting its 'online platform' defense.

The Economic Times

Ola Electric eyes commercial EV launch for gig workers amid quick commerce boom

Sources said the company received approval for the new vehicle in early February and is expected to launch the model in the coming quarters.

The Economic Times

Ola Electric set for sharp Q1 rebound as registrations cross Q4 levels

Ola Electric is witnessing a strong sales recovery, with current-quarter registrations already surpassing the previous quarter's total. The EV maker expects quarterly volumes to nearly double as demand rebounds, supported by a focus on disciplined growth, operational efficiency, and market expansion.

The Economic Times

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Ola Electric eyes FY27 turnaround on surging demand, cost reset and margin gains

Ola Electric is set for a robust FY27. The company expects a significant rebound in sales and revenue. Margins are strengthening, and costs are under tight control. Ola is focusing on scaling operations efficiently. This strategic reset positions Ola Electric for improved cash flow and operating leverage in the coming…

The Economic Times

Ola Electric shares can crash up to 35%, warns Emkay after seeing Q4 results

Shares of Ola Electric fell sharply on Thursday on after a weak Q4 show, with brokerage Emkay Global maintaining a Sell rating and raising its target to Rs 25, implying over 35% downside. Revenue dropped 57% YoY and volumes slumped, while competition from rivals like Ather and TVS mounts, clouding…

The Economic Times

Cab, auto strike in Delhi-NCR: Three-day Chakka jam in Capital, Noida, Gurugram and Ghaziabad begins today; check what's affected for commuters

Cab strike in Delhi NCR: Delhi-NCR faces a three-day cab and auto strike from May 21-23. Drivers demand fare hikes due to soaring fuel costs and alleged exploitation by app-based aggregators. Over 68 transport unions are participating. Commuters may face ride cancellations and surge pricing, though Metro and DTC buses…

The Economic Times

Ola Electric Q4 Results: Net loss contracts 42% YoY to Rs 500 crore, revenue tanks 57%

Ola Electric Q4 Results: Pure-play electric two-wheeler maker Ola Electric Mobility reported a consolidated net loss of Rs 500 crore for the March quarter, marking a contraction of 42.5% from Rs 870 crore reported in the same period last year. This is attributable to the owners of the company.

The Economic Times

Ola Electric infuses Rs 2000 crore in EV and cell manufacturing

Ola Electric Mobility has approved a Rs 2,000 crore investment into its EV and battery manufacturing subsidiaries to boost localisation and vertical integration. This capital infusion aims to strengthen its core EV business and scale up battery operations amid rising competition and profitability concerns.

The Economic Times

Petrol, diesel price hike impact: From milk, onions, Blinkit deliveries to Uber fares & others, here's all that may get costlier

Petrol, diesel price hike impact: Centre’s Rs 3 per litre hike in petrol and diesel prices may not feel massive immediately, but its ripple effect could slowly hit everyday expenses — from vegetables and milk to Blinkit deliveries, cab rides, and even flight tickets. Since fuel powers transport across India,…

The Economic Times

Ola Electric in talks to supply battery cells to global automakers

Ola Electric is in discussions with global and domestic automakers to supply lithium-ion cells and battery packs. The company's Krishnagiri gigafactory is set to expand its capacity significantly. This move aims to position Ola as a key supplier in India's growing electric vehicle and energy storage market. Ola is preparing…

The Economic Times

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Times Life

Labour Day 2026: The Hidden Cost of Gig Work in India

Every year, International Workers' Day invites reflection on the dignity of work, the rights of workers, and the evolving nature of employment. In 2026, that reflection feels more urgent than ever in India, where the rise of gig work has quietly reshaped what it means to earn a living. What…

MyLifeXP

India’s Top 5 AI Innovations in 2026

India’s Rise as an AI Innovation HubArtificial intelligence is no longer confined to research labs or global tech giants. India has stepped into the spotlight as a leading contributor to AI development, thanks to its skilled talent pool, increasing investment in technology, and strong digital adoption across sectors. Over the…

Whats Hot

Uber, Ola, and Rapido Drivers to Strike Nationwide on February 7: Here’s Why

Commuters across India may face travel disruptions on Saturday, February 7, as drivers associated with app-based ride-hailing platforms Ola, Uber, and Rapido have announced a nationwide strike. The protest, dubbed the “All India Breakdown,” will see drivers switching off their ride-hailing apps simultaneously.

The Independent UK

'Executions, torture, abductions, rape': Ethiopia’s hidden conflict

Ethiopia’s Oromia is the country’s biggest state, with 35% of the population and home to the capital, Addis Ababa

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inkl

PCO Car Hire for Uber, Bolt & Ola: What Drivers Should Know

If you're new to the world of London's private-hire work, there's this term that you've heard about hundreds of times by now: 'PCO car hire', and honestly, it makes sense.

RideApart

This Insane Futuristic EV Superbike Is Coming In 2027, No Really

Ola’s crazy electric superbike concept, the Diamondhead, is supposedly entering production and launching in 2027.

RideApart

This EV Scooter Company's Fall From Grace Is Painful To Watch

Ola Electric has posted steep losses for the second year in a row with a loss of 8.7 billion rupees, amid mounting pressure from investors and competitors.

The Independent UK

BluSmart: Indian EV cab startup’s success story shaken by allegations of family excess

BluSmart was seen as a high-quality, climate-friendly option in India’s rapidly expanding app-based cabs market

Newslaundry

Rapido, Ola, Uber must stop bike taxis within 6 weeks in Karnataka: HC

The Karnataka High Court has ordered the suspension of bike taxi services in the state within six weeks, ruling that such services cannot operate unless the government issues necessary guidelines under the Motor Vehicles Act, 1988.

RideApart

This Indian Startup Is Betting On Faster Electric Motorcycle Adoption

The EV revolution is picking up speed, and two-wheelers are leading the charge—especially in markets where they’re the go-to mode of transport. Electric motorcycles and scooters promise to be cheaper to run, more eco-friendly, and perfect for cities where traffic jams are a constant occurrence.

RideApart

Ola’s Roadster X Electric Motorcycle Is Real, and It’s Ready To Hit India’s Roads

Ola Electric is a name you’ve already probably heard of, even if its operations are confined solely to the Indian market for now. It has managed to capture global attention thanks to its affordable and tech-loaded EV scooters, and now, it’s venturing into the motorcycle world, too.

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