Ola Electric shares continued to trade in red, carrying the trend of deficit from the last trading session on Thursday forwards. This came to pass after the central government issued notice to Ola Cabs/ Consumer,

On Thursday, the CCPA issued notices to Ola and Uber for allegedly charging different prices for identical routes based on the mobile phone operating systems (Android or iOS) of users

When we look at the shares of Ola Electric, an associate company of the Bhavish Aggarwal-led companies, they further declined in value as the traidg day came to a close. The overall decline in share prices went past 1.40 per cent. The Ola Electric stock closed for the day's trade at Rs 73.35, with an overall decline of 1.29 per cent or Rs 0.96.

Ola and Uber have denied allegations of differential pricing based on phone models, stating they don't set fares based on a user's phone manufacturer. This comes after the Central Consumer Protection Authority (CCPA) sent notices to the companies following reports of varying fares for identical rides depending on whether customers used iPhones or Android devices.

Ola Consumer denies allegations of fare discrepancies based on mobile phone type, asserting uniform pricing for all users. The claims arose after the Central Consumer Protection Authority intervened following media reports of pricing disparities between iPhone and Android users.

Ola and Uber get CCPA notices for allegedly charging consumers different prices depending upon whether they used Android or iOS phones