Electric two-wheeler (e2W) maker Ola Electric has announced an ambitious plan to expand its store network to 4,000 locations by the end of this month. This marks a fourfold increase, with over 3,200 new outlets set to open alongside 800 existing stores, all co-located with service facilities.
With this expansion, Ola Electric aims to deliver its e2Ws to every pincode in the country, boosting access to e2Ws in both urban and rural areas. The expansion also positions the company to have the country's largest e2W distribution network, addressing the growing demand for sustainable mobility.
Markets have reacted positively to the news, with shares rising by 6.6 per cent, ending the day's trade at ₹93.26 on the BSE.
هذه القصة مأخوذة من طبعة December 03, 2024 من Business Standard.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة December 03, 2024 من Business Standard.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
Investors temper Budget hopes even as market gains in Modi 3.0 fade
The equity markets are approaching the Union Budget with tempered expectations, even as gains made during Prime Minister Narendra Modi's third tenure have been erased.
INDIA AIMS TOWARDS A SUSTAINABLE FUTURE AT BHARAT MOBILITY GLOBAL EXPO 2025
Bharat Mobility Global Expo 2025 - The Components Show highlighted India's leadership in sustainable mobility, showcasing its commitment to green vehicles, energy efficiency, and smart transportation. With increased manufacturing, exports, and technological advancements, India is shaping a collaborative, sustainable automotive ecosystem, ensuring a bright, green future in global mobility.
Cabinet extends National Health Mission for 5 years
The Union Cabinet on Wednesday decided to extend the National Health Mission (NHM) by another five years, after reviewing the scheme's progress over the last three years.
From 2-year lull to liftoff, IT placement engine roars back
After two years of sluggish hiring, Indian engineering colleges are witnessing a strong placement season, with major information technology (IT) services firms ramping up recruitment for 2025-26 (FY26).
Sebi proposes ₹250 SIPs, subsidised charges on cards
The Securities and Exchange Board of India (Sebi) has proposed bit-sized systematic investment plans (SIP) of ₹250 in a step to increase the mutual fund footprint in the underserved section of the country.
Bharat Mobility Global Expo 2025 Kicks Off With Innovation, Sustainability and Collaboration at its Core
India's largest Components Show showcases 1100+ exhibitors, groundbreaking technologies, and the country's aspirations as a global hub for automotive innovation
Rupee rises 26 paise, hits 86.33/$
The rupee settled higher against the dollar on Wednesday after a choppy trade due to a fall in the dollar index as the markets continue to analyze President Donald Trump's actions on tariffs and oil production.
BPCL profit up 19.6% on improved ops
State-run Bharat Petroleum Corporation (BPCL) reported a 19.6 per cent rise in net profit (attributable to the owners of the company) for the third quarter of the financial year 2025 (Q3FY25), on the back of improved performance.
Expect rural demand to keep recovering gradually: Jawa
Citing the subdued demand trend, Jawa, in a release, said: \"In this operating context, we delivered competitive growth by driving unmissable brand superiority, investing behind brands and capabilities whilst maintaining healthy margins.\"
12 Dead as Passengers Jump on Rail Tracks
FIRE RUMOURS ON PUSHPAK EXP