Salman SH

Bangalore

News Editor @the_core_in Ex: @ETPrime_com, @FinancialXpress, @livemint, @Inc42, @TheKenWeb, @medianama @iijnmbangalore Alumni

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Articles

Behind India’s Credit Card Spending Surge: Young Borrowers, Rising Defaults

1 week ago | thecore.in | Salman SH

In February this year, Arun (name changed on request), a 37-year-old techie in Bengaluru with two children, finally became debt-free—ironically, after being laid off. “I got fired in February, but luckily, there was severance and I found a new job by March. That severance helped clear everything,” he told The Core. But getting there wasn’t simple.
Trade War Tensions Hit Home: RBI Cuts Forecast, Loosens Credit Rules

2 weeks ago | thecore.in | Salman SH

Reserve Bank of India (RBI) governor Sanjay Malhotra opened the central bank’s first monetary policy review of FY26 with a stark warning: global trade tensions, particularly the US’s newly imposed 26% tariff on Indian exports, pose a serious risk to India’s domestic growth. “Trade frictions will impede global growth,” Malhotra said, adding that this will directly affect India’s net exports.
Scooters Sold but Not Delivered? Ola’s Registration Gap Fuels New Scrutiny

3 weeks ago | thecore.in | Salman SH

Nearly a month after Ola Electric told stock exchanges it was renegotiating contracts with its vehicle registration partners — Rosmerta Digital Services and Shimnit India — the company finds itself under the regulatory scanner. On March 21, 2025, Ola disclosed in an exchange filing that it had received formal queries from the Ministry of Heavy Industries (MHI) and the Ministry of Road Transport and Highways (MoRTH).
Ola Electric’s Vendor Insolvency Case Raises Governance Questions For Investors

1 month ago | thecore.in | Salman SH

Electric two-wheeler maker Ola Electric is facing a major legal and financial crisis as Rosmerta Digital Services and Rosmerta Safety Systems, two of its largest vehicle registration partners, have filed two insolvency petitions against its subsidiary, Ola Electric Technologies Pvt. Ltd. The dispute, over unpaid dues, has reached the National Company Law Tribunal (NCLT), putting Ola in the crosshairs of regulators and investors.
India's EV Revolution is Running Out Of Charge As Infrastructure Struggles Continue

1 month ago | thecore.in | Salman SH

It was early 2022 when Deepak Rajnikanth, a seasoned IT professional from Bengaluru, decided to trade his petrol-powered Activa for an electric scooter. After considering Ola and TVS, he finally settled on the Ather 450X — a scooter that promised efficiency, tech appeal, and the allure of sustainability. But Rajnikanth soon found himself battling an unexpected drawback: the dreaded 'range anxiety'. “I used to carry my charger everywhere I went,” Rajnikanth admits candidly.
Finfluencer Frenzy Under Fire As SEBI Strikes Back

1 month ago | thecore.in | Salman SH

In an era where social media shapes our financial decisions, the rise of unregistered “finfluencers” has prompted the Indian market regulator, the Securities and Exchange Board of India (SEBI), to take unprecedented regulatory action. The latest in the line of fire is Asmita Jitesh Patel. The What? A well-known influencer, Patel is often dubbed the ‘She-Wolf Of Stock Market’ and the ‘Options Queen’.
India's Air Conditioner Market Faces Scorching Demand Amid Supply Chain Hiccups

1 month ago | thecore.in | Salman SH

It’s February, yet temperatures are soaring up to 40°C in some parts of India including Maharashtra, Kerala and Telangana, and the India Meteorological Department (IMD) has issued a yellow alert for several regions including Maharashtra, Kerala, Telangana among others. This indicates an early onset of heatwave-like conditions arguably due to climate change.
Ola Consumer’s IPO Puzzle: Can Bhavish Aggarwal Sell a Fading Business to Public Investors?

2 months ago | thecore.in | Salman SH

Ola Cabs, once a dominant force in India’s ride-hailing industry, has evolved into something far more complex. Housed under ANI Technologies Pvt Ltd, the brand Olais now a sprawling, unlisted private entity repositioning itself as a "consumer tech conglomerate." The company has expanded beyond its core cab business into AI, mapping services, and financial products, all bundled under the umbrella of Ola Consumer. But despite the flashy rebranding, business isn’t going well.
India’s EV Two-Wheeler Segment Has A Safety Crisis On Its Hands

2 months ago | thecore.in | Salman SH

In 2024, India reached a significant milestone, with over 2 million electric vehicles (EVs) entering the roads —most of them two-wheelers. This rapid growth hasn’t been without challenges, especially regarding safety. To address this, the government updated its safety and testing standards in late 2022 with stricter benchmarks for EV batteries. Known as AIS-156 and AIS-038, these standards were introduced under the Central Motor Vehicle Rules.
How Reliance Failed To Resurrect Dunzo

Jan 15, 2025 | thecore.in | Salman SH

The issues at Dunzo mirror larger challenges faced by Reliance Retail across its portfolio. Despite its dominance in physical retail, Reliance has struggled to make significant headway in key areas. For instance, JioMart, its flagship e-commerce venture, has failed to meaningfully disrupt market leaders like Amazon and Flipkart, with reports indicating that the company expected to give it a second go under the quick commerce avatar.