CCPA directs Ola Cabs to offer refund via bank transfer or coupon
The CCPA found that Ola's refund policy violated consumer rights by offering only coupons for future rides instead of giving the option for a bank transfer
The CCPA found that Ola's refund policy violated consumer rights by offering only coupons for future rides instead of giving the option for a bank transfer
Ola Electric says the Central Consumer Protection Authority has provided a timeline of 15 days to the company to respond to the show cause notice.
Ola Electric currently has around 800 company-owned stores but only about 500 service centres.
Around 41 companies, including Hyundai, Ola Electric, Bajaj Housing Finance and Swiggy, look to raise ₹81,930 crore via the IPO route.
Ola Cabs, which is a wholly-owned subsidiary of ANI Technologies, said that the decision has been taken as it reassesses its priorities and focuses on domestic operations.
Key findings reveal Bigbasket, Flipkart, and Urban Company are the only platforms with a minimum wage policy
According to the firm's securities and exchange filing, Vanguard held 1,66,185 shares, or about 0.7% stake, in Bhavesh Aggrawal-led Ola as of May 31, 2023
Spread across 115 acres, the Ola Gigafactory will begin operations by early next year
The development comes months after the two-wheeler maker launched Ola S1 Air in October last year.