Ola Electric shares slip 7% as profit-taking hits stock

Ola Electric Mobility’s stock declined by 7% to Rs 128.2 due to profit booking. The company saw a 32% rise in revenue but also a larger net loss in Q1 FY25.

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Rupee rises for a 3rd day as crude falls

The Indian rupee strengthened for the third consecutive day, closing at 94.56 against the dollar. This rise was driven by retreating oil prices following a