Try GOLD - Free
Ola Electric Sees Auto Segment's Breakeven in Q1
The New Indian Express Kochi
|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.
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
This story is from the March 13, 2025 edition of The New Indian Express Kochi.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM The New Indian Express Kochi
The New Indian Express Kochi
Croatia stay alive, Panama eliminated
THERE wasn’t much open space in Panama’s back line as they tried to keep their World Cup hopes alive.
1 min
June 25, 2026
The New Indian Express Kochi
SC says India needs docs, junks fee plea
THE Supreme Court on Wednesday refused to interfere with the fee structure of the private medical colleges in Rajasthan, observing that “we need doctors in this country” while dismissing a petition that called the charges exorbitant.
2 mins
June 25, 2026
The New Indian Express Kochi
Warehouse caves in, kills 5, injures 30 as Suvendu orders construction halt
FIVE persons died and around 30 were injured after an under-construction roof on the third floor of a godown in the Taratala area of Kolkata collapsed on Wednesday afternoon.
1 min
June 25, 2026
The New Indian Express Kochi
17 accused in SIT report in Ayodhya temple fund scam
THE Special Investigation Team (SIT), which submitted the preliminary report to the UP government in the Ayodhya Ram temple donation theft case, has reportedly named 17 people as accused, including senior-most office-bearers of the Shree Ram Janmabhoomi Teerth Keshtra Trust.
1 min
June 25, 2026
The New Indian Express Kochi
Federal judge bars Trump citizenship voting rule push
A federal judge on Wednesday permanently barred President Donald Trump’s administration from implementing most of his first executive order on elections, part of which sought to require people to show documentary proof of citizenship when they register to vote.
1 mins
June 25, 2026
The New Indian Express Kochi
Jekyll and Hyde rerun? Blanket seller during day, drug smuggler at night
BY day, he travelled from town to town on a motorcycle selling blankets. By night, he smuggled drugs like opium and poppy husk across state borders.
1 min
June 25, 2026
The New Indian Express Kochi
Tehran invites Modi to attend Khamenei funeral
India yet to decide the level of representation it will send for the event
1 mins
June 25, 2026
The New Indian Express Kochi
Cong seeks CM's resignation, SAD wants CBI probe
THE political row over a controversial video allegedly linked to Punjab CM Bhagwant Mann intensified after the Haryana Police registered an FIR and arrested two persons, following a complaint by a forensic expert who alleged that he was offered ₹10 lakh to procure a fabricated forensic report.
1 min
June 25, 2026
The New Indian Express Kochi
5th gen stealth fighter jet hits air pocket as GE triples engine price
Commercial negotiations with the US aerospace giant on hold; India mulls paring order size
2 mins
June 25, 2026
The New Indian Express Kochi
CRPF suspends officer for posts on CAPF bill
THE CRPF has suspended a DIG-rank officer for allegedly sharing social media content critical of the government during the debate and passage of the Central Armed Police Forces (General Administration) Bill, 2026, a legislation opposed by a section of CAPF officers, who called it discriminatory.
1 min
June 25, 2026
Listen
Translate
Change font size