Ola Profit
- All
- News
- Videos
-
Ola Electric Arm Settles Dues with Vehicle Registration Service Provider
Earlier this month, Rosmerta Digital Services Ltd had sought to initiate insolvency proceedings against Ola Electric Technologies Pvt Ltd. On Tuesday, March 25 Ola said it has amicably settled all dues with its former vehicle registration service provider.
-
Ola Electric Shares Surge on Debut as Investors Bet on Increasing EV Adoption
Ola Electric's shares surged on Friday as the company's investors bet on increasing adoption of EVs in the country. Ola Electric's $734 million IPO is India's biggest so far in 2024 and with a 39% market share as of July, Ola Electric dominates sales of electric scooters in India, having launched its first model just three years ago.
-
Ola Electric IPO Gets SEBI Nod, Listing Likely In Less Than A Month
The Securities and Exchange Board of India has given the Bhavish Aggarwal-led company approval to launch an IPO to raise as much as Rs 7,250 crore (about $850 million), people aware of the matter told NDTV Profit on the condition of anonymity.
-
Ola to Shutdown Operations in UK, Australia, New Zealand; to Focus on India Business
Ride-hailing services provider Ola has decided to shut down operations in the UK, Australia and New Zealand and will continue to focus on India business, its promoter ANI Technologies said on Tuesday.
-
"We Will Never Merge": Ola CEO Bhavish Aggarwal On Uber Merger Reports
Ola chief executive Bhavish Aggarwal has denied media reports of merger talks with Uber. Mr Aggarwal tweeted Ola is "very profitable and growing well" and the reports of merger talks with the American ride-hailing firm are "absolute rubbish".
-
Ather Says High Costs, Supply Chain Disruptions Pushing Back Profit Timeline
Ather Energy has revealed that the company’s path to profit was delayed by a surge in raw material costs and supply chain disruptions. The company’s CEO and co-founder Tarun Mehta said that while he previously expected to break even later this year, it could take a few more quarters to do so. Ather launched the third generation of its 450X e-sc...
-
Ola Unveils First-Ever Operating Profit Ahead of Potential IPO
Ola has notched up its first-ever operating profit since beginning operations a decade ago, company documents showed.
-
Ola Unveils First Operating Profit Ahead Of Potential IPO
Indian ride-hailing company Ola, backed by Japan's Softbank Group, has notched up its first-ever operating profit since beginning operations a decade ago. Ola reported standalone operating profit or EBITDA (earnings before interest, tax, depreciation and amortisation) of Rs.89.82 crore ($12 million) for the fiscal year that ended in March 2021, ver...
-
Ola Said to Lay Off Nearly 350 Employees Ahead of IPO
Ola has decided to restructure and redesign the company, starting with trimming its 4,500-strong workforce by 5-8 percent which will be nearly 350 employees, company sources told IANS on Friday.
-
Daimler Loses $1.3 billion On Diesel, Airbag Woes
Daimler AG, the maker of Mercedes-Benz luxury cars, says it lost 1.2 billion euros ($1.3 billion) in the second quarter as the company booked 4.2 billion euros in one-time charges for troubles with diesel vehicles and air bag recalls. The quarterly loss reported Wednesday was the company's first since 2009 and a bumpy start for new CEO Ola Kalleniu...
-
Daimler Plans To Cut Administration Costs By 20%: Report
Incoming Daimler boss Ola Kaellenius is working on a cost cut program to reach profit margin targets which are threatened by global trade woes and ramp up issues at factories.
-
Indefinite Strike By Ola, Uber Drivers Sting Mumbai, Delhi: 10 Points
A countrywide indefinite strike by drivers of app-based cab aggregators Uber and Ola hit Mumbai and Delhi hard today. The drivers are facing a drop in their profits following cutbacks in incentive payments and a surge in the number of cabs registered with the two companies. They demand that the two firms make good on their promise of getting them ...
-
Ola, Uber Drivers Might Go On Strike From Monday As Drivers Resent Low Payments
The strike by drivers of Ola and Uber might cripple services in cities like Mumbai, New Delhi, Bengaluru, Hyderabad, Pune, among other cities
-
Uber Offers Autorickshaw Service To Drive Ahead Of Ola Cabs. Five Things To Know
In case the Uber auto service turns out to be successful in Pune and Bengaluru, Uber is likely to roll out the service in other Indian cities such as Delhi, Mumbai
-
Foodpanda To Now Ride In Ola's $200 Million Funds: 10 Things To Know
Ola's investment commitment of $200 million in Foodpanda's India business is the largest such funds infusion in an Indian online food ordering and delivery company till now.
-
Ola Electric Arm Settles Dues with Vehicle Registration Service Provider
Earlier this month, Rosmerta Digital Services Ltd had sought to initiate insolvency proceedings against Ola Electric Technologies Pvt Ltd. On Tuesday, March 25 Ola said it has amicably settled all dues with its former vehicle registration service provider.
-
Ola Electric Shares Surge on Debut as Investors Bet on Increasing EV Adoption
Ola Electric's shares surged on Friday as the company's investors bet on increasing adoption of EVs in the country. Ola Electric's $734 million IPO is India's biggest so far in 2024 and with a 39% market share as of July, Ola Electric dominates sales of electric scooters in India, having launched its first model just three years ago.
-
Ola Electric IPO Gets SEBI Nod, Listing Likely In Less Than A Month
The Securities and Exchange Board of India has given the Bhavish Aggarwal-led company approval to launch an IPO to raise as much as Rs 7,250 crore (about $850 million), people aware of the matter told NDTV Profit on the condition of anonymity.
-
Ola to Shutdown Operations in UK, Australia, New Zealand; to Focus on India Business
Ride-hailing services provider Ola has decided to shut down operations in the UK, Australia and New Zealand and will continue to focus on India business, its promoter ANI Technologies said on Tuesday.
-
"We Will Never Merge": Ola CEO Bhavish Aggarwal On Uber Merger Reports
Ola chief executive Bhavish Aggarwal has denied media reports of merger talks with Uber. Mr Aggarwal tweeted Ola is "very profitable and growing well" and the reports of merger talks with the American ride-hailing firm are "absolute rubbish".
-
Ather Says High Costs, Supply Chain Disruptions Pushing Back Profit Timeline
Ather Energy has revealed that the company’s path to profit was delayed by a surge in raw material costs and supply chain disruptions. The company’s CEO and co-founder Tarun Mehta said that while he previously expected to break even later this year, it could take a few more quarters to do so. Ather launched the third generation of its 450X e-sc...
-
Ola Unveils First-Ever Operating Profit Ahead of Potential IPO
Ola has notched up its first-ever operating profit since beginning operations a decade ago, company documents showed.
-
Ola Unveils First Operating Profit Ahead Of Potential IPO
Indian ride-hailing company Ola, backed by Japan's Softbank Group, has notched up its first-ever operating profit since beginning operations a decade ago. Ola reported standalone operating profit or EBITDA (earnings before interest, tax, depreciation and amortisation) of Rs.89.82 crore ($12 million) for the fiscal year that ended in March 2021, ver...
-
Ola Said to Lay Off Nearly 350 Employees Ahead of IPO
Ola has decided to restructure and redesign the company, starting with trimming its 4,500-strong workforce by 5-8 percent which will be nearly 350 employees, company sources told IANS on Friday.
-
Daimler Loses $1.3 billion On Diesel, Airbag Woes
Daimler AG, the maker of Mercedes-Benz luxury cars, says it lost 1.2 billion euros ($1.3 billion) in the second quarter as the company booked 4.2 billion euros in one-time charges for troubles with diesel vehicles and air bag recalls. The quarterly loss reported Wednesday was the company's first since 2009 and a bumpy start for new CEO Ola Kalleniu...
-
Daimler Plans To Cut Administration Costs By 20%: Report
Incoming Daimler boss Ola Kaellenius is working on a cost cut program to reach profit margin targets which are threatened by global trade woes and ramp up issues at factories.
-
Indefinite Strike By Ola, Uber Drivers Sting Mumbai, Delhi: 10 Points
A countrywide indefinite strike by drivers of app-based cab aggregators Uber and Ola hit Mumbai and Delhi hard today. The drivers are facing a drop in their profits following cutbacks in incentive payments and a surge in the number of cabs registered with the two companies. They demand that the two firms make good on their promise of getting them ...
-
Ola, Uber Drivers Might Go On Strike From Monday As Drivers Resent Low Payments
The strike by drivers of Ola and Uber might cripple services in cities like Mumbai, New Delhi, Bengaluru, Hyderabad, Pune, among other cities
-
Uber Offers Autorickshaw Service To Drive Ahead Of Ola Cabs. Five Things To Know
In case the Uber auto service turns out to be successful in Pune and Bengaluru, Uber is likely to roll out the service in other Indian cities such as Delhi, Mumbai
-
Foodpanda To Now Ride In Ola's $200 Million Funds: 10 Things To Know
Ola's investment commitment of $200 million in Foodpanda's India business is the largest such funds infusion in an Indian online food ordering and delivery company till now.
