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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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Bijliride Partners With Flipkart Minutes For EV Deliveries News
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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GoldSeal-SaarGummi Expands India Footprint, Moves Beyond Rubber Into Thermoplastic Seals News
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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Apollo Tyres CFO Gaurav Kumar Resigns, Exit Effective October 6 News
Apollo Tyres CFO Gaurav Kumar Resigns, Exit Effective October 6

autherEshisha Java calendar07 Oct 2026

Gaurav Kumar has resigned as Apollo Tyres’ chief financial officer, with his resignation taking effect at the close of...

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Forvia, Gabriel India Sign Seating JV, Target 10% India Market Share News
Forvia, Gabriel India Sign Seating JV, Target 10% India Market Share

autherAutocar Professional Bureau calendar07 Oct 2026

Gabriel India will hold 50% less one share in the venture, which will focus on seat frames and complete seats; transac...

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Hinduja Tech Names Faiz Ahmad as CEO News
Hinduja Tech Names Faiz Ahmad as CEO

autherDev Vadchhedia calendar06 Oct 2026

Ahmad to succeed retiring CEO Kumar Prabhas at the Ashok Leyland subsidiary from November 1.

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AIC Pinnacle, NATRAX Sign MoU To Support EV Startup Growth News
AIC Pinnacle, NATRAX Sign MoU To Support EV Startup Growth

autherEshisha Java calendar06 Oct 2026

AIC Pinnacle and NATRAX sign an MoU to support EV startups with testing, validation, technical expertise and industry ...

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QodeNext Automates Vehicle Management With Gate, Parking And Weighbridge Solutions News
QodeNext Automates Vehicle Management With Gate, Parking And Weighbridge Solutions

autherEshisha Java calendar06 Oct 2026

QodeNext vehicle management automation covers gate, parking and weighbridge operations, targeting logistics, manufactu...

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Energy Security and Advanced Manufacturing Critical for Long-Term Growth: N Chandrasekaran News
Energy Security and Advanced Manufacturing Critical for Long-Term Growth: N Chandrasekaran

autherDev Vadchhedia calendar05 Oct 2026

The Tata Sons Chairman outlined a shift from assembly-led manufacturing to end-to-end domestic product capabilities at...

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EVs Not the Sole Answer to Emission Reduction: TVS Motor's Venu Srinivasan News
EVs Not the Sole Answer to Emission Reduction: TVS Motor's Venu Srinivasan

autherAutocar Professional Bureau calendar05 Oct 2026

Srinivasan advocates technology-agnostic policy, supports ethanol blending, and calls for benchmark quality standards ...

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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

 

51.94%

Sodium-ion

 

16.77%

Solid-state

 

21.29%

None of the Above

 

2.90%

Not Invented Yet

 

7.10%

Total Votes : 310