An Ola Electric spokesperson did not respond to FE ‘s queries on the discrepancy till the time of going to the press. Experts say the discrepancy is significant enough to erode investor confidence.

Ola Electric says discrepancies are due to a backlog in registrations after a recent government probe.

Shares of the electric vehicle maker have fallen 15 per cent this year, compared to a 1.6 per cent fall in the benchmark ...

Delays in renegotiating contracts with registration agencies have hindered this process, potentially costing the company up ...

This is because the company claimed to have sold 25,000 vehicles in February, though only 8,600 were registered as per the ...

Ola faces registration backlog and insolvency petition amid negotiations with vendors, assures backlog is being cleared ...

Per the Vahan portal, only 8,652 Ola Electric vehicles were registered in February against reported sales of 25,000. Ola ...

While the total number of registrations by Bhavish Aggarwal-owned Ola Electric on Vahan portal for February stood at 8,652, ...

A unit of Ola Electric Mobility Ltd. is facing insolvency petitions from two of its key vehicle registration service ...

The stock fell 8.19 per cent to hit a 52-week low of Rs 46.40 on the BSE. The 52-week high of the company is Rs 157.53. The ...