Ola Electric's Tough Road: Sales Slump, New Bets & Fundraising
Ola Electric slashes revenue forecast by a third, sees sales plummet 43%. Can Bhavish Aggarwal's pivot to battery storage and Gen 3 scooters turn the tide? Read the full analysis.
Ola Electric slashes revenue forecast by a third, sees sales plummet 43%. Can Bhavish Aggarwal's pivot to battery storage and Gen 3 scooters turn the tide? Read the full analysis.
Karnataka's GST collection growth moderated to 3% in October after a 10% surge in September. Analysts attribute the drop to post-festive normalization. Read more on the state's revenue trends.
A 27-year-old accountant from Bihar was arrested in Noida for generating fake invoices worth Rs 11 crore and fraudulently claiming Rs 2 crore in GST refunds. Read the full investigation details.
Donald Trump approves rule allowing low-speed electric NEVs on US roads. This move could open new opportunities for Indian EV manufacturers eyeing the American market. Read more.
Toyota urges India to incentivize ethanol-powered flex-fuel hybrids, arguing they are cleaner than EVs in a full lifecycle analysis. The push is backed by the sugar industry.
Toyota's India head calls for tax breaks and cheaper pricing for flex fuel vehicles, arguing they are the next logical step after E20, not higher ethanol blends. Learn about the challenges and the proposed roadmap.
VinFast doubles its investment in India to $1 billion, expanding its Tamil Nadu plant to manufacture electric buses and scooters, boosting local jobs and green mobility.
Ola Electric's accounting move to classify 12% of costs as unallocated helped its auto segment show an Ebitda profit. Experts flag the high percentage, unseen in peers. Read more.
VinFast confirms its 7-seater electric MPV, the Limo Green, for India in February 2026. It will rival Kia Carens EV, BYD eMax 7. Get key details on design, specs & local production plans.
More than 40 induction furnace industrialists in Ludhiana receive GST notices for alleged bogus billing. The industry association plans to challenge the move, citing procedural flaws.
Mahindra launches its first 7-seater electric SUV, the XEV 9S, starting at ₹19.95 lakh. Bookings open Jan 14, 2026. Explore variants, battery options & key features.
Andhra Pradesh sees a 4.6% drop in net GST collections for November 2025 following GST 2.0 rate cuts. Chief Commissioner Babu Ahmed cites lower yields despite volume growth. Read the full analysis.
Rajya Sabha returned the Manipur GST bill to Lok Sabha, with Finance Minister Nirmala Sitharaman highlighting its benefits. The opposition staged a walkout during the discussion.
Chandigarh's GST revenue grew 6% to Rs 243 crore in November 2025 compared to last year. However, October saw a 4% dip. Explore the city's tax collection trends and economic implications.
Mahindra launches XEV 9S, its third Born Electric SUV, starting at ₹19.95 lakh. We review its design, performance, cabin, and key drawbacks. Read our detailed first-drive impressions.
India's November GST collections fell to ₹1.7 trillion, raising questions on the stimulus effect of recent rate cuts. Read our analysis on the revenue trend and what it means for the economy.
GST collections grew marginally by 0.7% in November, reflecting the impact of recent rate cuts. Officials remain optimistic, citing a boost in consumption and taxable turnover.
Deputy CM Ajit Pawar reveals Maharashtra suffered Rs 10,000-12,000 crore revenue loss due to PM Modi's GST rate cuts but supported the pro-poor move. Details on state's financial strategy inside.
Gujarat's GST collection grew 9% to Rs 52,390 crore in April-November FY26. November saw Rs 6,723 crore GST, with enforcement revenue surging 61.7%. Read the full state tax report.
Lok Sabha passed the Manipur GST Bill and introduced new cess bills on tobacco products. The session faced adjournments due to opposition protests demanding discussion on electoral roll revision.
Finance Minister Nirmala Sitharaman tables the Manipur GST (Second Amendment) Bill, 2025, to replace the ordinance promulgated on October 7. Get the latest details on the parliamentary move.
India's GST revenue grew at a slower pace of 0.7% to Rs 1.70 lakh crore in November. Domestic transactions and services imports show mixed trends. Read the full analysis.
India's gross GST revenue rose to ₹1.7 trillion in November 2025, marking a 0.7% year-on-year increase, driven by lower tax rates. Get the latest economic updates and analysis.
Finance Minister Nirmala Sitharaman introduces the Manipur GST (Second Amendment) Bill, 2025, in Parliament to replace the October ordinance. Key legislative move for state taxation.
Lok Sabha approves Manipur GST Amendment Bill 2025, replacing the October ordinance. The move aligns state law with the new 5% and 18% tax slabs set by the GST Council. Read the full details.
Maruti Suzuki's first pure EV, the e Vitara, launches in India on December 2. With a 500 km range and prices from ₹17 lakh, it marks the automaker's entry into the electric market. Read key facts.
Ola Electric's November sales hit lowest since Feb 2025. GST cut on ICE vehicles erodes its price advantage. Stock near all-time lows as focus shifts to new battery business. Read the full analysis.
Ahmedabad DGGI uncovers massive Rs 800 crore fake GST invoicing network across 3 cases. Four key conspirators arrested in major crackdown on economic fraud. Read the full investigation details.
Patna traffic police begin strict action against illegally parked vehicles from November 30 midnight. Vehicles left overnight will be towed with fines up to ₹1000. Anti-encroachment drive nets ₹66,900 in penalties.
TTD announces major eco-initiative: Replacing all conventional vehicles with electric vehicles at Tirumala to reduce pollution. 10-year plan to increase forest cover from 32% to 45%.