Ola Electric shares slip 3% amid regulatory scrutiny over 'BOSS' sale discounts
- Posted on October 14, 2024
- By Business News Today
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Ola Electric shares slip 3% amid regulatory scrutiny over 'BOSS' sale discounts
Shares of Ola Electric Mobility drop 3% amid regulatory scrutiny from ARAI over unreported price cuts on its S1 X 2kWh model, which may affect subsidies under the PM E-DRIVE scheme. The company offers significant discounts in its ‘BOSS 72-hour Rush sale.