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Ola Electric Shares Tumble 3% Amid Regulatory Scrutiny Over ‘BOSS’ Sale
- Shares of Ola Electric dropped 3% amid regulatory scrutiny from ARAI over pricing strategies.
- ARAI has asked Ola Electric to explain why it didn't inform about price cut for S1X 2kWh model.
- Ola Electric faces the risk of legal action and losing subsidies under the PM E-DRIVE scheme.
- The company has also faced criticism over customer complaints and violations of consumer rights.
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