Ola Electric’s market share halves, July sales plunge over 57 pc

IANS | August 1, 2025 1:23 PM

Mumbai, Aug 1 (IANS) Ola Electric, once the leader in India’s electric two-wheeler market, is seeing its dominance fade fast as the company sold 17,848 units in July -- a steep 57.29 per cent drop from 41,802 units sold a year ago, the government’s VAHAN data showed on Friday.

ED summons Anil Ambani in Rs 17,000 crore loan fraud probe

IANS | August 1, 2025 10:08 AM

Mumbai, Aug 1 (IANS) The Directorate of Enforcement (ED) has summoned Anil Ambani, chairman and managing director of Reliance Group (RAAGA companies), for questioning in connection with its ongoing probe into an alleged Rs 17,000-crore loan fraud case.