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Posts Tagged ‘ cab hailing ’

Karnataka government asks Ola, Uber to stop ride-sharing services from Friday

Tuesday, January 31, 2017 | More »

Ola, Uber
The Karnataka transport department has instructed cab aggregators Ola and Uber to halt their ride-sharing services Ola Share and UberPOOL before Friday, terming them illegal. Following a two-hour-long meeting on Monday with officials from Ola and Uber as well as driver representatives, state transpo...

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Ola, Uber set for another policy battle as Karnataka says ride-sharing illegal

A senior Karnataka government official has termed as illegal the ride-sharing services that Ola and Uber offer to consumers, imposing a fresh regulatory hurdle for the two app-based cab aggregators. State Transport Commissioner MK Aiyappa was quoted as saying in media reports that the government wou...

27 January, 2017 | More »

Ola

Flashback 2016: Year of wobbly ride for Ola

Homegrown cab-hailing firm Ola was in the news for more wrong reasons than right in 2016, from drying coffers and falling valuations to rumours of a down round and a nasty war of words with arch rival Uber Technologies Inc. Although funding woes and falling valuations were widespread across startups...

28 December, 2016 | More »

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Uber ramps up hiring in India to gain edge in battle with Ola

Uber Technologies Inc. is rapidly increasing its headcount in India, as the US cab-hailing firm shifts its focus to the South Asian nation after exiting China. The number of employees has grown almost eight times over the past year, from 80 to more than 600 now, Pradeep Desu, head of recruitment at ...

29 September, 2016 | More »

Uber

Uber says China deal with Didi Chuxing to help boost India play

US cab-hailing firm Uber Technologies Inc has said the recent deal with Didi Chuxing, its Chinese competitor, will allow it to invest more in India, according to a report. Citing a 7 September letter written by Uber to its investors, Reuters reported the company as saying that India is now its large...

8 September, 2016 | More »

Ola

Ola shuts TaxiForSure unit, lays off up to 1,000 people

Cab-hailing company Ola has shut its TaxiForSure unit and is laying off as many as 1,000 employees, as the SoftBank Group Corp-backed firm tightens its belt to take on US-based rival Uber. According to at least half-a-dozen people with the direct knowledge of the development, about 90% of the staff ...

16 August, 2016 | More »

Uber23

What UberChina’s merger with Didi Chuxing means for India

Uber Technologies Inc.’s decision to exit China after selling its local ride-hailing business to rival Didi Chuxing will make life easier for the two companies but it makes things a bit complicated for India’s largest cab aggregator—Ola. For, San Francisco-based Uber will now have greater room...

1 August, 2016 | More »