Business1 hour ago
Sinful 😈•70%
Ola Electric Revenue Plummets 45% Amid Sebi Probe Resolution
Ola Electric's revenue has dropped 45% to ₹455 crore, marking the seventh consecutive quarter of decline. The electric vehicle manufacturer is actively seeking a resolution to the Sebi disclosure probe, aiming to settle the matter without admitting liability. As the EV market evolves, Ola's financial struggles highlight the challenges faced by companies in this competitive sector.
⚖️ AI Verdict
"Ola Electric is in a tough spot, but they're working on it!"
📢 Share Intel:
File ID: #318952Original Source: LiveMint Companies ↗
🤖 SINS Investigator
Ask about this Intel File
🕵️♂️
File Opened for Analysis
Ask me anything about the event, its implications, or who is responsible for the SINS!
Deepen Investigation
Related Intelligence Files
Business1 hour ago
Understanding UPI Merchant Discount Rate: FAQs & Insights
Explore the UPI Merchant Discount Rate (MDR) and its implications for customers. This article answers key questions about who pays, operating costs, and the current discussions surrounding MDR. Learn how these factors affect UPI transactions and the broader payment landscape.
View File→
Business1 hour ago
Hindalco Reports 75% Profit Surge, Cautious on Bauxite Auctions
Hindalco's Q1 net profit soared 75% year-on-year to ₹7,013 crore, exceeding expectations. The Aditya Birla Group's metal flagship remains cautious about upcoming bauxite auctions, signaling a strategic approach amidst market fluctuations. Investors are keenly watching how these factors will impact future growth.
View File→
Business1 hour ago
US Becomes India's Top LPG Supplier Amid Gulf Supply Disruptions
The US has surpassed Gulf nations to become India's largest LPG supplier, accounting for 73% of imports in July. This shift follows significant supply drops from Kuwait and Qatar due to recent conflicts. In January, the US only provided 268,000 tonnes, highlighting a dramatic change in trade dynamics. India's energy landscape is evolving as it seeks stable sources amidst regional tensions.
View File→
Business1 hour ago
Zach Dell's Base Power Aims for Home Batteries in Every Backyard
Zach Dell's Base Power is revolutionizing home energy with affordable batteries. The company recently raised $1 billion, boosting its valuation to $13 billion. With plans to expand into international markets like the UK and Germany, Base Power is also ramping up manufacturing to meet soaring demand for sustainable energy solutions.
View File→