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 Extends Lead Over Rivals In EV 2W Market, On Track To Achieve EBITDA Profita...
Ola Electric is extending its lead in the electric two-wheeler (EV 2W) market, driven by a diverse product portfolio, high vertical integration, direct-to-consumer distribution model, and aggressive pricing supported by government subsidies. According to brokerage firm Bernstein, Ola Electric is on track to achieve EBITDA profitability and has the highest gross margin among its peers. The company’s strategic approach and strong market position are expected to drive significant growth in the coming years. This development underscores the potential of the EV market in India and Ola Electric’s role as a key player in the industry.