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Case relates to alleged suicide of a 38-year-old employee, K Aravind, who reportedly left behind a death note accusing his seniors of workplace harassment
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Bengaluru police have registered a case of abetment to suicide against Ola CEO Bhavish Aggarwal and senior executive Subrath Kumar Das following the death of employee K Aravind, who allegedly left behind a detailed note accusing workplace harassment. Ola has denied the allegations and challenged the FIR in court.
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Ola Electric announced its Gen-3 initiative with the launch of Bharat Cell 4680, Ferrite Motor technology to replace rare earth magnets, and AI-powered MoveOS6. Founder Bhavish Aggarwal also unveiled the Pro Sport scooter and futuristic Diamond Head motorcycle prototype
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Amid stiff competition and user complaints, the company's stock price and market capitalisation have also plummeted. The firm reported a Q1 FY26 net loss, signaling a challenging financial period
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Ola Electric reported a Q1 FY26 net loss of ₹428 crore as revenue fell nearly 50% YoY to ₹828 crore. E-scooter deliveries dropped sharply, and share prices continue to slump amid rising losses and operational consolidation efforts
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Ola Electric has begun rolling out its new MoveOS 5 software to S1 scooters and Roadster X bikes. The upgrade, delivered via OTA, promises better range, improved performance, and a more refined riding experience, especially on the Gen-3 platform
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Over the past one month, the stock of the Bhavish Aggarwal-led company has lost 21.74 per cent of its value
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Kotak Securities slashed price target on Ola Electric by 40 per cent to Rs 30 from Rs 50, citing continued losses and rising competition
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Ola Electric reported a consolidated net loss of Rs 870 crore in the fourth quarter ended March 2025, while noting that it is targeting profitability in the current fiscal
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The prices of the Roadster X+ series start at Rs 99,999 for the 2.5kWh variant, Rs 1,09,999 for the 3.5kWh variant, and Rs 1,24,999 for the 4.5kWh model
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Company rolls out the first Roadster X+ e-bike from its Futurefactory in Krishnagiri, Tamil Nadu
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Rosmerta Digital Services Ltd, its vehicle registration service provider, has sought initiation of insolvency proceedings against Ola Electric Technologies Pvt Ltd
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Bhavish Aggarwal-run Ola Electric reported a massive net loss of Rs 564 crore in Q3 of FY25. It is laying off more than 1,000 employees in its second round of job cuts within months
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The latest layoffs are happening across various departments, including procurement, fulfilment, customer relations and charging infrastructure, according to report
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The all-new Roadster X comes in 2.5kWh, 3.5kWh and 4.5kWh variants and are priced at Rs.74,999, Rs.84,999 and Rs.94,999, respectively. The Roadster series comes with a standard warranty of 3 years/50,000 km
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Company launches eight models under S1 brand; share price up 9.78 per cent from its previous close
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The reason cited is that Ola Electric announced its e-scooter expansion plans first on social media instead of announcing it on the stock exchanges
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Chief Marketing Officer Anshul Khandelwal and Suvonil Chatterjee, Chief Technology and Product Officer, step down from their roles citing personal reasons
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Ola Electric has said that the new range of scooters offers durable, reliable, affordable, and flexible solutions, including removable batteries, fulfilling personal and commercial use cases of rural, semi-urban, and urban customers
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The company reported 43% increase in net loss at Rs 495 crore in the July-September period, from Rs 347 crore in the previous quarter