Ola Electric is facing increased regulatory scrutiny from the Automotive Research Association of India (ARAI) regarding its pricing strategies for the 'BOSS' sale, which may affect subsidies under the PMEDRIVE initiative. The company's market share has been shrinking, leading to a significant decline in its valuation, which has dropped to $4.7 billion from a peak of $7 billion. In trading, Ola Electric shares fell 3.2% to an intraday low of Rs 87.34, reflecting a nearly 21.4% decrease over the past month and a 12% drop in the last two weeks. Meanwhile, Bengaluru Airport City has commenced construction on a 2 million square foot business park aimed at attracting Global Capability Centres, with plans unveiled by BACL near Kempegowda International Airport. Additionally, BIAL is collaborating with an eVTOL startup to introduce e-flying taxis to alleviate road traffic congestion.