Ola Electric arm faces insolvency plea over ₹18-20 cr dues: Report | ‘The firm has sought appropriate legal advice’ | Inshorts Inshorts Read the original article here
GEORGE TOWN: Fire and Rescue Department personnel and a volunteer firefighting squad are still putting out the fire that engulfed an old factory at Jalan Patani on Sunday (March 16). Earlier, videos of the incident went viral on social media, depicting thick smoke billowing from the location and raising concerns among nearby road users. Penang…
Mystery around Andrew Donnelly’s troubled businesses deepens The West Australian Read the original article here
Mar 16, 2025 12:52 PM IST The insolvency pleas have been filed over unpaid invoices by a unit of Ola Electric Mobility. A unit of billionaire Bhavish Aggarwal’s Ola Electric Mobility is facing two insolvency pleas from vehicle registration service providers over unpaid dues, Bloomberg reported. ₹25 crore.(Reuters)” title=”The two companies who have filed insolvency…
Iconic retail food company closing down, no bankruptcy filing yet TheStreet Read the original article here
Once a frontrunner in the European eVTOL industry, German startup Volocopter may have found a financial lifeline through an acquisition by China-based Wanfeng Group. The €10-million (US$10.9-million) deal, disclosed in a recent stock exchange announcement, comes after Volocopter faced mounting financial difficulties that led to its insolvency. On March 10, Zhejiang Wanfeng Auto Wheel Co.,…
Ola Electric renegotiated its terms with its vendors, Rosmerta Digital Services and Shimnit India, to reduce costs and enhance registration process efficiencies. An insolvency plea has been filed against Ola Electric by Rosmerta Digital Services on Saturday, March 15 over alleged default in payments, as stated in Ola’s exchange filings. Rosmerta Digital Services was responsible…
New Delhi, Mar 15 (PTI) Ola Electric Mobility Ltd on Saturday said its vehicle registration service provider Rosmerta Digital Services Ltd has sought the initiation of insolvency proceedings against its wholly owned arm Ola Electric Technologies Pvt Ltd. In a regulatory filing, the company said, “A petition has been filed under Section 9 of the…
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(123rf) More than one-tenth of Korean teenagers with online gambling experience have resorted to illegal private loans to repay gambling debts, according to a report released by a state-run think-tank, prompting measures to protect teenagers from gambling addiction. The National Youth Policy Institute in July 2024 surveyed 505 Korean teenagers, comprising 135 middle school and…