Ola Electric Regains Market Leadership with 25% Share in January

31 Jan 2025 CW Team

Ola Electric has reclaimed its position as the leader in the electric two-wheeler market, registering 22,656 units in January, a 65% increase from the previous month. This performance has elevated its market share to 25%. The company's success is attributed to its strong S1 portfolio and an expanded sales and service network, now reaching 4,000 stores across India. In January, Ola Electric also launched eight new scooter models under its S1 brand, all built on the advanced Gen 3 platform, with prices ranging from Rs 79,999 to Rs 169,999. The company emphasised that the Gen 3 platform marks a significant leap forward in performance, safety, efficiency, and reliability. With the launch of the new range and its strong sales momentum, Ola Electric aims to further distance itself from traditional automakers and solidify its position at the forefront of the electric vehicle market. (ET)

Real Estate

05 Dec 2025

RBI Rate Cut Boosts Confidence Across Housing Market

Industry Context and Market DynamicsThe real estate industry has welcomed the RBI’s rate cut as a timely boost to affordability and demand. With home prices having risen steadily across major markets, even a marginal reduction in interest rates meaningfully strengthens purchasing power, especially for first-time and mid-income buyers.Ashish Jerath, President – Sales & Marketing, Smartworld Developers, observes:“The RBI’s 25-basis-point cut, bringing the repo rate down to 5.25%, is a timely boost for the real estate sector. Lower interest rates reduce borrowing costs, enabling homeb..

BMC Resumes Rs 170 Billion Road Works, Targets 80 per cent By Jan 2026

Following the withdrawal of the southwest monsoon in October, the Brihanmumbai Municipal Corporation (BMC) has restarted work on 645 roads—covering 297.49 kilometres—under its large-scale concretisation programme. Data shows that more than 60 per cent of the resumed works are located in the western suburbs. Officials said the civic body aims to complete concretisation on 80 per cent of the roads where fresh work has begun by January 2026. Launched in 2022, the Rs 170 billion project seeks to concretise 700 kilometres of roads across Mumbai. All civil works were halted during the monsoon ..

India Pushes Digital Shift In Urban Land Mapping

The Department of Land Resources (DoLR) under the Ministry of Rural Development has convened a National Symposium on NAKSHA – the National Geospatial Knowledge-based Land Survey of Urban Habitations – to advance India’s transition to modern, technology-driven land mapping. Speaking at the inaugural session, Secretary Manoj Joshi underscored the urgent need to move revenue departments away from outdated, tape-based methods and rough hand-drawn sketches. He stressed that adopting latitude–longitude-based digital mapping and GIS-linked registration systems is essential for economic stabi..