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Ola Electric Shares Fall Nearly 10% After ₹1,000 Crore Rights Issue Priced At 26% Discount

Ola Electric Shares Fall Nearly 10% After ₹1,000 Crore Rights Issue Priced At 26% Discount

autherDarshan Nakhwa     calendar08 Oct 2026

The EV maker will offer two rights shares for every 25 shares held, with the ₹999.74 crore issue opening on October 22. Founder Bhavish Aggarwal has pledged 20 crore shares to fund his participation.

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Bureau Partners With Zoomcar For Real-Time User Verification
Bureau Partners With Zoomcar For Real-Time User Verification

autherEshisha Java calendar08 Oct 2026

Bureau has partnered with Zoomcar for real-time user verification and fraud risk assessment, adding risk intelligence ...

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Bijliride Partners With Flipkart Minutes For EV Deliveries
Bijliride Partners With Flipkart Minutes For EV Deliveries

autherEshisha Java calendar08 Oct 2026

Bijliride partners with Flipkart Minutes to deploy electric two-wheelers across five metros, supporting festive-season...

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MINI Cooper Oxford Edition Bookings Open In India
MINI Cooper Oxford Edition Bookings Open In India

autherEshisha Java calendar08 Oct 2026

MINI Cooper Oxford Edition pre-launch bookings are now open in India, with the limited-run 3-door featuring Union Jack...

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GoldSeal-SaarGummi Expands India Footprint, Moves Beyond Rubber Into Thermoplastic Seals
GoldSeal-SaarGummi Expands India Footprint, Moves Beyond Rubber Into Thermoplastic Seals

autherDarshan Nakhwa calendar08 Oct 2026

The Indo-German joint venture has opened a ₹22 crore Chennai facility to enter thermoplastic sealing products and is i...

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Porsche Targets Higher Margins With Sportwagenschmiede '35 Strategy
Porsche Targets Higher Margins With Sportwagenschmiede '35 Strategy

autherEshisha Java calendar08 Oct 2026

Porsche’s new strategy targets lower costs, a smaller workforce and a higher-value product mix, with new sports cars a...

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Tsuyo Manufacturing Secures $3.2 Million Annual IPM Motor Order
Tsuyo Manufacturing Secures $3.2 Million Annual IPM Motor Order

autherEshisha Java calendar08 Oct 2026

Tsuyo Manufacturing has secured an annual order worth approximately US$3.2 million from an Indian OEM for IPM motors f...

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Mini Countryman Untamed Edition Revealed With Off-Road Upgrades
Mini Countryman Untamed Edition Revealed With Off-Road Upgrades

autherAutocar India calendar08 Oct 2026

The rugged new edition gets a 15mm suspension lift, all-terrain tyres and optional all-wheel drive, with international...

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September 2026 Car Retail Sales
September 2026 Car Retail Sales

autherAutocar India calendar08 Oct 2026

Indian passenger vehicle retail sales grew 32.1 percent year on year in September.

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Exclusive: Hyundai–TVS Electric Three-Wheeler Targets Late-2027 To Early-2028 Launch
Exclusive: Hyundai–TVS Electric Three-Wheeler Targets Late-2027 To Early-2028 Launch

autherKetan Thakkar calendar08 Oct 2026

Two versions planned with combined monthly production of 3,000–4,000 units; vehicle co-engineered with TVS Motor to be...

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POLL OF THE MONTH

What will be the primary battery technology powering mainstream EVs five years from now?

What will be the primary battery technology powering mainstream EVs five years from now?

Lithium-ion

 

51.67%

Sodium-ion

 

17.00%

Solid-state

 

21.33%

None of the Above

 

3.00%

Not Invented Yet

 

7.00%

Total Votes : 300