Log In

ola electric: Two Sharp with ET: Adani stocks fall on US probe report | Ola Electric drops 8% after weak Q4 - The Economic Times Video | ET Now

Published 2 days ago1 minute read

US prosecutors are investigating whether Adani Group imported Iranian LPG into India via Mundra port, potentially violating American sanctions. A Wall Street Journal report suggests tanker routes between Gujarat and the Persian Gulf may indicate sanctions evasion. Adani has denied the allegations, calling the report “baseless and mischievous.”In other news, Ola Electric’s shares fell over 8% following a ₹731 crore block deal, amid reports that Hyundai may have exited its stake. This decline follows Ola's reported Q4 losses of ₹870 crore, with revenues dropping by more than half. For more details, tune in to today’s episode of Two Sharp with ET, by Nisha Poddar.

Show more Show less

Origin:
publisher logo
Economic Times
Loading...
Loading...
Loading...

You may also like...