Ola Electric turmoil: Hyundai-Kia exit Rs 690 cr; Citigroup buys in...

Dununu.com Dununu

Sponsorluk

Ola Electric turmoil: Hyundai-Kia exit Rs 690 cr; Citigroup buys in as stock struggles

RSS Feed Business

Posted

51

Ola Electric's stock experienced a slight increase of 1.07% to Rs 49.86 amidst the aftermath of Hyundai and Kia's stake sale. The automakers divested their remaining shares for Rs 690 crore, with Citigroup acquiring a significant portion. This transaction occurred alongside Ola Electric's reported net loss of Rs 870 crore in the March quarter.

Read Full Article

Please log in to like, share and comment!

A month after Operation Sindoor's start, 2 trains send message to Pakistan

By 0 1

'Never imagined detention in US': Columbia student pleads for release; says arrest caused 'irreparable harm' to family, career

Mahmoud Khalil, a Columbia alumnus facing deportation for pro-Palestinian activism, detailed the...

By 0 4

Sensex up 747 pts on 'jumbo' rate cut, eco growth thrust

The Sensex surged by 747 points, closing at 82,189, following the RBI's unexpected 50 basis...

By 0 10

Infosys gets clean chit in Rs 32k crore GST case

Infosys has announced the closure of pre-show cause notice proceedings by the Director General of...

By 0 9

RBI eases gold loan 'value' norms for small borrowers

RBI has introduced revised guidelines for gold and silver-backed loans, effective April 1, 2026,...

By 0 9