Ola Electric Mobility shares dropped 4% as the CCPA requested more documents for their investigation into alleged rights violations. The company faces regulatory challenges and has seen top-level exits. Despite these issues, Ola plans to expand its store network and diversify its product portfolio, with new products set to launch over the next two years.
Rupee shifting to 87-87.50 range against dollar; expects 50-75 bps rate cut in CY25: Upasna Bhardwaj
Upasna Bhardwaj, Chief Economist at Kotak Mahindra Bank, forecasts the rupee shifting towards 87 against the dollar. She projects GDP growth at 6.1% for FY25