The partners are also shaping the company’s board composition, roping in independent directors, to meet local capital market laws. Rules require the board to be made up of 33% independent directors, if its chairman is an independent director.
Ola Electric shares fell over 6% after the company reported a 39% YoY decline in September-quarter revenue to Rs 421 crore, despite narrowing its consolidated
Vodafone Idea reported a higher Q2 FY27 net loss of ₹5,975 crore, despite 6% revenue growth to ₹11,884 crore. ARPU rose nearly 10% to ₹198,
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