India’s Ola Electric Mobility falls as unit faces insolvency petition — TradingView News

** Shares of Ola Electric Mobility OLAELEC fall 3.7% to 48.62 rupees ** Rosmerta Digital Services, an operational creditor of Ola Electric Technologies, files a petition for initiation of corporate insolvency resolution process against OLAE’s subsidiary Ola Electric Technologies ** Petition was filed alleging default in payment towards services rendered ** Ola Electric denies the…

Cherry grower Cherri Global in liquidation, $42m owed

Cherri Global operated out of the Hawke’s Bay and Otago regions, growing and distributing cherries for the domestic and international markets. The liquidators noted that so far they only had access to financial reports for the year ended March 31, 2024 but they had requested copies of the companies’ bank statements for the two-year period…