Ola Electric announced the resignation of Chief Product and Technology Officer Suvonil Chatterjee and Chief Marketing Officer Anshul Khandelwal, following a significant restructuring effort impacting 500 employees. The company reported a narrowed net loss in the second quarter, leading to a 6% rise in shares after unveiling plans to expand its retail and service network to 4,000 stores. Ola Electric has introduced new scooter models with prices starting at Rs 39,999, targeting diverse user needs in urban, semi-urban, and rural areas, with deliveries set to begin in April and May 2025.
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Dhankhar's move to examine oppn's notice raised suspicions
Prime Minister Narendra Modi's terse message following Jagdeep Dhankhar's resignation as Vice-President reflected political tensions, especially after Dhankhar's controversial decision to entertain an opposition notice for the removal of a judge. His actions angered the ruling party, leading to suspicions of a "secret deal," ultimately prompting his swift resignation on health grounds while speculation abounds about his future political role. Want More Context? 🔎
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