6 debt management risks to know before enrolling

Before you enroll in a debt management program, make sure you understand the risks that come with it. Getty Images If you’re struggling with high amounts of debt and are unable to get the issue under control, the promises made by debt management companies — items like “reduce your payments,” “consolidate your debt” and “become…

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Ola Bikes And Scooters Registration Company Files Insolvency Proceedings Against Ola Electric Over Alleged Payment Defaults

Published March 17, 2025 Views : 218 1 min read Called Rosmerta Digital Services, the company alleges default in payment for its services offered Quick Highlights: Rosmerta Digital Services, a registration company has filed for insolvency proceedings against the brand. Rosmerta is the wholly-owned subsidiary of Ola Electric. Might affect the company’s registration figures this…

Ola electric and Rosmerta, insolvency plea, payment default, NCLT

Rosmerta Digital Services has filed an insolvency petition against Ola Electric Mobility’s subsidiary, Ola Electric Technologies, before the National Company Law Tribunal (NCLT), alleging that the electric two-wheeler maker has defaulted on payments for the services provided. This comes at a time when Ola Electric’s vehicle registration process transformation is in its final stages.  The…

Ola Electric hits 52-week low as service provider files insolvency plea THE NEW INDIAN – ola electric hits 52 week low as service provider files insolvency plea

The insolvency petition comes at a challenging time for Ola Electric. The company is also facing financial pressure, having reported a net loss of ₹564 crore in Q3 FY25. NEW DELHI: Ola Electric’s stock dropped sharply on Monday, hitting a 52-week low of ₹46.94. The decline came after the company disclosed that an insolvency petition…