Ola Electric Mobility Ltd announced opening of 3,200 new stores in a single day, as India's biggest e-scooter maker seeks to expand its local footprint and address customer frustration related to shortcomings in service.
The Bengaluru-based Ola Electric has increased the number of showrooms and service centers to 4,000, Ankush Aggarwal, group head of financial services and retail auto business, said at an event on Wednesday.
Esta historia es de la edición December 26, 2024 de Mint New Delhi.
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Esta historia es de la edición December 26, 2024 de Mint New Delhi.
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Services exports save the day for current account in Sep quarter
A rise in services exports helped narrow India's current account deficit (CAD) in the September quarter, although this marked the second consecutive quarterly deficit after hitting a surplus in the final three months of FY24.
EVs at airports to cut emissions
Government plans to add EV charging infra to airports
Sebi Issues Circular on Share Transfer
The circular provides clarity on the rules surrounding ownership transfers in intermediary cos
UltraTech to acquire minority stake in Star Cement
Leading cement producer UltraTech Cement on Friday said it will acquire a minority stake of 8.69% from the promoters of Meghalaya-based Star Cement in a deal worth up to ₹851 crore.
JSW Neo to acquire O2 Power; EQT and Temasek to exit
The transaction entails acquisition of O2 Power Midco Holdings and O2 Energy SG, and is subject to customary nods
Rupee falls to record low as dollar bids spike
The rupee fell to an all-time low on Friday, as maturing non-deliverable forwards and currency futures boosted dollar demand, while the sharp fall led to panic dollar buying by importers.
Escorts Kubota's ride is bumpy amid demand concerns
Escorts Kubota Ltd continues to grapple with the challenges of weak export volumes and subdued construction equipment demand.
Rural-urban consumption gap shrinks in 2023-24
The monthly per capita consumption expenditure rose to ₹4,122 in rural areas and ₹6,996 in urban areas
India's Textile Exports a Silver Lining as Trade Deficit Widens
Experts attribute this growth to govt policies, trade deals, and adoption of new technologies
The Archetypical Insider Who Guided India Towards Its Economic Potential
During Singh's tenure at RBI, India embraced a more flexible exchange rate to promote exports
