Mega Cabs to invest Rs 500 crore in 3 years, expand to 20 cities
Criticising his rivals, he said: "Ola and Uber come with a mandate and a backing of sheer money power and it challenges the basic fundamentals of business, that you must lose on every trip to make yourself so large and then recover money."
Jul 23, 2017, 12:15 PM IST
Government may consider use of private cars for ride-sharing
The government will conduct a study on the use of private cars for ride-sharing as a mechanism to curb increasing traffic congestion across major cities in the country.
Jul 06, 2017, 13:34 PM IST
Delhi, Mumbai top list for shared rides on Uber, Ola
More commuters in Delhi and Mumbai opt for "shared" rides on cab aggregation platforms like Ola and Uber compared to their counterparts in other cities.
Jun 05, 2017, 23:18 PM IST
Mahindra eyes 5,000 per month e-vehicle output on shared mobility growth
Banking on the shared mobility space after launch of India's maiden electric vehicle project in Nagpur, automobile giant Mahindra & Mahindra is eyeing a capacity of 5,000 e-vehicles a month by 2019 which will be expanded further.
May 28, 2017, 13:23 PM IST
Nagpur becomes first city with electric mass mobility system
Nagpur on Friday earned the distinction of becoming the country's first city with electric fleet of 200 electric vehicles, including taxis, buses, e-rickshaw and autos.
May 26, 2017, 22:06 PM IST
Ola, Uber rides could get cheaper under GST
Cab rides could get marginally cheaper for customers from July 1 as the incidence of tax will come down to five percent for bookings made on cab aggregators like Ola and Uber.
May 20, 2017, 11:15 AM IST
Flipkart, Amazon see manifold growth during special sale
E-commerce major Flipkart on Thursday said it saw over five-fold growth in transactions on its platform during its 'Big 10' sale.
May 18, 2017, 23:47 PM IST
SoftBank opens up wallet for Paytm; infuses Rs 9,000 crore
Japanese conglomerate SoftBank has pumped in USD 1.4 billion (over Rs 9,079 crore) in Indian digital payments platform, Paytm, marking the largest fund infusion by a single investor in an Indian start-up.
May 18, 2017, 19:36 PM IST
Flipkart named most sought after employer in LinkedIn survey
Flipkart has been named the top employer followed by Amazon and KPMG India in the second and third place respectively, according to a list compiled by internet professional network LinkedIn.
May 18, 2017, 17:32 PM IST
Ola launches Progressive Web App
Cab aggregator Ola on Thursday announced the launch of its "Progressive Web App" (PWA), a lightweight mobile website that offers users, especially in smaller towns and cities, an app-like experience on simple smartphones.
May 18, 2017, 14:26 PM IST
Are Ola, Uber drivers their employees, HC to decide
Can drivers working for app-based taxi companies like Ola and Uber be considered as their employees?
May 08, 2017, 22:33 PM IST
Ola lost Rs 6 crore a day during 2015-16
SoftBank-backed cab aggregator Ola posted a consolidated loss of over Rs 2,311 crore -- about Rs 6 crore a day -- during fiscal 2015-16, on account of heavy advertising and promotional expenses and high employee cost.
Apr 30, 2017, 16:51 PM IST
Uber to now allow riders to see their ratings given by drivers
The cab aggregator firm Uber will now allow taxi riders to see the average rating given to them by drivers in order to make the system more transparent to both parties.
Apr 26, 2017, 22:24 PM IST
Ola to raise $100 mn to fuel expansion
Cab aggregator Ola is looking at raising up to USD 100 million in fresh funding from existing shareholders to take American rival Uber head-on.
Apr 21, 2017, 15:22 PM IST
Be alert! App-based taxi drivers on strike in Delhi today
Delhi commuters will need to brace up for a no-show of taxis and autos on Tuesday as a total of 13 associations of app-based taxi and auto-drivers will observe a day-long strike against their partners Ola and Uber.
Apr 17, 2017, 16:56 PM IST
Ola cabs raises Rs 1,675 fresh funding from SoftBank
Japanese investor SoftBank has pumped in about Rs 1,675 crore in fresh funding in Indian transportation startup Ola to give it more muscle to take American rival Uber head-on.
Apr 14, 2017, 10:55 AM IST
Maharashtra govt developing app for black & yellow taxis
The Maharashtra government planned to develop a cab hailing app in three months for black- and- yellow taxis on the lines of the services provided by private aggregators like Ola and Uber,Chief Minister Devendra Fadnavis said on Friday.
Apr 07, 2017, 18:58 PM IST
Ola ride to nowhere--bill Rs 149-crore
In an unusual incident, taxi aggregator Ola charged a city passenger a whopping bill of Rs 149 crore for a local trip that never happened on April 1, and it was not a joke on All Fools' Day.
Apr 05, 2017, 22:38 PM IST
April Fool prank: Ola, Xiaomi prank consumers with robotic wheels, smart bikes
Social media today went agog over smartphone maker Xiaomi's plans to launch a smart motorcycle and cab aggregator Ola's robotic 'Wheels' for rides within offices -- only if they were not the All Fool's Day pranks!
Apr 01, 2017, 19:17 PM IST
Ola, Uber drivers call off their 13-day strike
Ola and Uber drivers on Thursday called off their 13-day strike after the Delhi government and the two companies assured them of fulfilling most of their demands.
Feb 23, 2017, 19:22 PM IST