Ola Electric To Lay Off 500 Employees Amid Losses: Report
NDTV
Ola Electric, mired in controversies amid a government probe and mounting losses, is set to lay off at least 500 employees as part of a restructuring exercise.
Ola Electric, mired in controversies amid a government probe and mounting losses, is set to lay off at least 500 employees as part of a restructuring exercise.
The Bhavish Aggarwal-led electric vehicle (EV) company is trying to boost its operational efficiency by reducing redundancies and “drive profitability”, according to multiple reports. The restructuring exercise will impact employees from several departments, the reports added.
According to an Inc42 report, citing sources, “the aim is to cut expenses to drive profitability and improve margins. There's no set time period for the completion of the exercise”.
A video of the incident showed the man handing over a gift to the couple on a stage, surrounded by cheering people, when he started to lose balance
While the Congress and Team Uddhav appeared to differ in the opposition camp, some differences were seen in the ruling coalition too.
According to the Air Quality Analysis Report by Respirer Living Sciences, which analysed PM2.5 levels across 281 Indian cities from November 3 to 16, Delhi was ranked last, holding position 281.
According to a statement, six additional appointment letters will be issued to successors of beneficiaries who have exceeded the age of service.
The ruling by Justice Bechu Kurian Thomas assumes significance as many Youth Congress activists faced police action for waving black flags at CM Pinarayi Vijayan during the Nava Kerala Sadas, the state government's outreach programme, last year.
Petitioner-in-person Harvinder Chowdhury informed the bench she would consolidate her suggestions as well as the suggestions of other parties in the matter and file a short compilation.
Jhansi SSP Sudha Singh said the woman revealed during interrogation that she was into online betting and had taken money from some of her friends but she ended up losing around Rs 2.5 lakh.
Shilpa Shetty was booked on a complaint alleging that she had used a casteist word in a 2013 TV interview in which actor Salman Khan was also present.
The Mahayuti, or the National Democratic Alliance (NDA), is forecast to win 178-200 seats in the 288-seat assembly, according to an exit poll by Axis My India
