Ga onbeperkt met Magzter GOLD
Krijg onbeperkte toegang tot meer dan 9000 tijdschriften, kranten en Premium-verhalen voor slechts
Poging GOUD - Vrij
EV firm delays Gigafactory expansion plan
Financial Express Lucknow
|July 15, 2025
OLA ELECTRIC HAS delayed plans to ramp up battery manufacturing capacity at its Gigafactory in Tamil Nadu, pointing to slower-than-expected growth in the electric vehicle (EV) market.
OLA ELECTRIC'S NET loss for the first quarter of FY26 widened to ₹428 crore from ₹347 crore a year ago as revenue halved due to faltering sales and rising competition from legacy two-wheeler makers.
Revenue from operations of the Bengaluru-based electric two-wheeler (E2W) manufacturer fell 50% to ₹828 crore in the quarter, down from ₹1,644 crore in Q1FY25. The results beat Bloomberg estimates of ₹735 crore revenue and a net loss of ₹452 crore for the quarter.
Ola Electric shares surged over 19% to close at ₹47.46 on the NSE as the company reported improvements in key operating and financial metrics on a sequential basis.
Sequentially, revenue rose 36% from ₹611 crore in Q4FY25, while net loss narrowed sharply from ₹870 crore in the January-March quarter.
Dit verhaal komt uit de July 15, 2025-editie van Financial Express Lucknow.
Abonneer u op Magzter GOLD voor toegang tot duizenden zorgvuldig samengestelde premiumverhalen en meer dan 9000 tijdschriften en kranten.
Bent u al abonnee? Aanmelden
MEER VERHALEN VAN Financial Express Lucknow
Financial Express Lucknow
NHAI will raise ₹9,270-cr via TOT; IRB Infra wins bid
IN THE FIRST highway monetisation deal of the current financial year, the National Highways Authority of India (NHAI) will raise 9,270 crore, with the letter of award being issued to IRB Infrastructure last week for three highway stretches of total length of 333.4 km in Uttar Pradesh.
1 mins
November 20, 2025
Financial Express Lucknow
IBBI seeks stricter norms for bidder identity check
Higher duties cast on resolution professionals
2 mins
November 20, 2025
Financial Express Lucknow
Volkswagen cuts India EV costs, seeks local partner
Tighter carbon emission rules kick in from 2027
2 mins
November 20, 2025
Financial Express Lucknow
Adani's ₹14,535-crore bid for JAL gets lenders' nod
BUSINESS TYCOON GAUTAM Adani has won the approval of creditors of Jaiprakash Associates (JAL) for its ₹14,535-crore acquisition proposal for the bankrupt infrastructure group.
1 min
November 20, 2025
Financial Express Lucknow
Mizuho seeks aggressive India expansion
MIZUHO FINANCIAL GROUP is exploring ways to build up its business in India, where the Japanese bank sees the potential for replicating its achievements of advising and financing corporate clients in other markets, according to a top executive.
1 mins
November 20, 2025
Financial Express Lucknow
Chinese AI university tops Harvard, MIT in patent race
PRESIDENT XI JINPING AMONG TSINGHUA GRADUATES
3 mins
November 20, 2025
Financial Express Lucknow
SC strikes down key tribunals Act terms
IN A MAJOR jolt to the Centre, the Supreme Court on Wednesday struck down key provisions of the 2021 Tribunals Reforms law related to appointment, tenure,and service conditions of tribunal members and presiding officers, saying \"Parliament cannot simply override judicial decision by reenacting\" these with minor tweaks.
1 min
November 20, 2025
Financial Express Lucknow
Sensex tops 85,000 after over a year
Nifty ends above 26,000; investors gain ₹1.12 lakh cr
1 min
November 20, 2025
Financial Express Lucknow
Banks seek more leeway in acquisition financing
BANKS HAVE FLAGGED several restrictions in the Reserve Bank of India’s acquisition financing guidelines that they believe will limit their participation in the merger and acquisition (M&A) space.
1 min
November 20, 2025
Financial Express Lucknow
Sarvam.ai to launch India's first LLM by early next year
SARVAM.AI PLANS TO roll out India’s first homegrown foundational large language model (LLM) in the next couple of months, co-founder Vivek Raghavan said.
1 min
November 20, 2025
Listen
Translate
Change font size