ola Archives - Topnewsplus

Ola Electric Mobility shares zoom after Q1 FY26 results; what are bulls celebrating?

Topnewsplus2 months ago03 mins

Electric scooter maker Ola Electric Mobility (OLAELEC) on Monday reported a consolidated net loss of Rs 428 crore for the quarter ended June 30, narrowing from a net loss of Rs 870 crore for the previous three months. The latest quarterly loss, however, was wider than Rs 347 crore for the corresponding period a year ago. Ola Electric…

Ola, Uber, Rapido can charge double fares during peak hours: Government gives green signal to cab aggregators

Topnewsplus2 months ago04 mins

The Ministry of Road Transport and Highways (MoRTH) has revised the Motor Vehicles Aggregator Guidelines, allowing cab aggregators like Ola and Uber to charge up to twice the base fare during peak hours. This move, likely to affect daily commuters, increases the earlier fare cap of 1.5 times, giving ride-hailing services more flexibility in pricing…