Indian two-wheeler maker Ola Electric's quarterly loss widens
May 29 (Reuters) - India's top electric two-wheeler maker Ola Electric Mobility (OLAE.NS), opens new tab reported a wider quarterly loss on Thursday, hurt by falling sales and steep discounts it offered to beat growing competition.
The firm posted a loss of 8.7 billion rupees ($101.8 million) in the quarter ended Macrh 31, compared with a loss of 4.16 billion rupees a year earlier.
($1 = 85.4650 Indian rupees)
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HK Express airfares dragged down by rising competition out of Hong Kong, CEO says
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