Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
Ola Electric sees Q3 FY25 losses widen, dampened by lower demand
Ola Electric's Q3 FY25 losses widened due to dampened demand, according to Bhavish Aggarwal. The increased losses suggest challenges in achieving profitability and maintaining growth momentum in the competitive electric vehicle market. Lower demand likely impacted sales figures and overall financial performance. This situation highlights the difficulties faced by EV manufacturers in navigating market fluctuations and scaling up production. The company's performance is being closely watched by investors and industry analysts.