#subsidy
ICRA cuts Ola Electric's rating as competition, poor brand perception hit performance
Ola Electric Technologies faces a downgrade from ICRA due to declining sales, persistent losses, and delayed profitability. Despite efforts to improve unit economics, rising competition and subsidy rationalization have impacted demand and margins. The company…
Meghalaya to offer 75% subsidy for boutique hotels in Tura, Jowai ahead of National Games
The Meghalaya government will roll out a 72-75% subsidy scheme for boutique hotels in Tura and Jowai to plug accommodation gaps for next year’s National Games, Sports and Youth Affairs Minister Wailadmiki Shylla said on Wednesday, asserting the state will hos…