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Ola Electric Sees Auto Segment's Breakeven in Q1

The New Indian Express Kozhikode

|

March 13, 2025

OLA ELECTRIC MOBILITY LTD said on Wednesday it has concluded its company-wide cost-reduction initiative, the 'Network Transformation and Opex Reduction Programme,' which will help its automotive segment to achieve EBITDA breakeven in Q1FY26.

- ENS ECONOMIC BUREAU @ New Delhi

Ola claims this initiative has delivered a cost cut of ₹90 crore a month, with the financial impact of these initiatives beginning to reflect from April 20

The New Indian Express Kozhikode からのその他のストーリー

The New Indian Express Kozhikode

The New Indian Express Kozhikode

Govt agrees for constitutional safeguards for Ladakh region

THE fresh round of talks between officials of the Union Ministry of Home Affairs (MHA) and the civil society groups of Ladakh on Friday ended on a positive note with the two sides arriving at an in-principle understanding on restoring democracy in the Union Territory and providing constitutional safeguards on the lines of Articles 371A, 371F and 371G, as applied to Nagaland, Sikkim and Mizoram.

time to read

2 mins

May 23, 2026

The New Indian Express Kozhikode

The New Indian Express Kozhikode

Suvendu calls on Prez and Rajnath in Delhi, will firm up cabinet after Shah meet

WEST Bengal Chief Minister Suvendu Adhikari, who arrived in Delhi for the first time after assuming office, on Friday said that the people residing illegally across his state would be identified and deported through the BSF to the countries from where they had allegedly infiltrated in the past.

time to read

1 min

May 23, 2026

The New Indian Express Kozhikode

The New Indian Express Kozhikode

Buzz of early poll in UP after BJP's grand show in Bengal and Assam

AFTER assembly elections wrapped up in five states, there is growing talk among politicians in the state capital about moving the Uttar Pradesh Assembly elections forward by a few weeks.

time to read

1 mins

May 23, 2026

The New Indian Express Kozhikode

LTM to acquire Randstad’s tech consulting biz in Europe, Aus

LTM Limited will acquire Randstad’s technology and consulting services business across France, Germany, Belgium, Luxembourg and Australia in a deal that will add 469 million euros or over $500 million in annual revenue to the Indian IT company’s portfolio.

time to read

1 min

May 23, 2026

The New Indian Express Kozhikode

1 from Bihar in ATS net on charges of espionage

THE Anti-Terrorism Squad (ATS) of the Bihar police on Friday arrested a suspected operative of a Pakistan-based arms dealer from Muzaffarpur in north Bihar.

time to read

1 min

May 23, 2026

The New Indian Express Kozhikode

LET LAW TAKE ITS COURSE IN TELANGANA POCSO CASE

ALLEGATIONS of sexual offences involving minors cannot be allowed to dissolve into partisan spectacle.

time to read

1 mins

May 23, 2026

The New Indian Express Kozhikode

The New Indian Express Kozhikode

Come June 18, NDA & Oppn fight for 26 RS seats

THE Opposition is set to gain three seats, while the ruling NDA is expected to maintain its current strength in the biennial elections for 26 Rajya Sabha seats across 10 states and bypolls to two seats in Maharashtra and Tamil Nadu scheduled for June 18.

time to read

2 mins

May 23, 2026

The New Indian Express Kozhikode

1 held from Pathankot for spying for Pak handlers

THE Punjab Police has arrested a Pathankot resident, Baljit Singh, on charges of spying for Pakistan-based handlers.

time to read

1 min

May 23, 2026

The New Indian Express Kozhikode

ONE CODE TO DISCIPLINE THEM ALL

THE proposed Securities Markets Code consolidates the three existing laws into a single legislative framework.

time to read

3 mins

May 23, 2026

The New Indian Express Kozhikode

The New Indian Express Kozhikode

India, Cyprus form counter-terror working group, defence roadmap

INDIA and Cyprus on Friday elevated their bilateral ties to a strategic partnership and unveiled a five-year roadmap for defence cooperation, signalling a major expansion of ties in security, connectivity and trade amid growing geopolitical churn and India’s deepening engagement with Europe.

time to read

1 mins

May 23, 2026

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