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Posts Tagged ‘ Ola ’

Bombay High Court bars taxi unions from disrupting Uber’s operations

Tuesday, March 21, 2017 | More »

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US-based Uber Technologies Inc’s India subsidiary Uber India Technologies Pvt. Ltd has obtained a restraining order from the Bombay High Court that prevents dissenting taxi union bodies from disrupting its operations in Mumbai. Mumbai’s taxi unions had threatened to go on strike on 21 Ma...

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Do Uber drivers make more than the average software developer?

On Friday, Uber India head Amit Jain sought to dispel the simmering discontent among its drivers over falling earnings and shrinking incentives, but he may well have stoked the fire instead. In a blog post titled ‘Driving with Uber: Setting the record straight’ that carried five “f...

3 March, 2017 | More »

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Forest fire blazing through Indian startup ecosystem: Inventus’ Kanwal Rekhi

Kanwal Rekhi, co-founder and managing director at VC firm Inventus Capital Partners, has been a known sceptic of the capital-intensive model of India’s e-commerce companies. At the News Corp VCCircle LP Summit 2017 in Mumbai, he was in sublime form, mincing no words when quizzed about issues p...

1 March, 2017 | More »

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Ola raises $330 mn in fresh round led by SoftBank: Report

Bengaluru-based cab-hailing firm Ola, run by ANI Technologies Pvt. Ltd, has raised $330 million (Rs 2,200 crore) in fresh funding led by existing investor SoftBank Group Corp, a media report said on Monday. Citing sources it did not identify, Business Standard reported that the Japanese tech giant a...

27 February, 2017 | More »

K'taka HC bars protestors from stopping Uber cabs; strike may spread to Mumbai

K’taka HC bars protestors from stopping Uber cabs; strike may spread to Mumbai

US-based Uber Technologies Inc’s India subsidiary Uber India Technologies Pvt. Ltd has obtained a restraining order from the Karnataka High Court that bars protesters, including union leaders and members, from blocking and stopping the company’s cabs. “The Hon’ble Karnataka High ...

27 February, 2017 | More »

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Ola, Uber drivers begin indefinite strike in Bengaluru; services paralysed

Nearly 90% of the one lakh cab drivers associated with taxi-hailing companies Ola and Uber are taking part in an indefinite strike in Bengaluru, bringing the app-based taxi services to a grinding halt in the city. The protesters demand better incentives and relaxed work hours and call for an immedia...

23 February, 2017 | More »

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Former Fidelity India executive Pratul Chopra joins Flipkart

The founder of carpooling app iRideShare and former head of marketing analytics at Fidelity India Pratul Chopra has joined Flipkart’s senior leadership team. At Fidelity, Chopra had worked under Nitin Seth, former country head of Fidelity in India and currently Flipkart’s chief operating officer...

21 February, 2017 | More »

Uber

Uber users can now pay for rides using Jio Money

The Indian unit of US ride-hailing company Uber Technologies Inc. has tied up with Reliance Jio Infocomm Ltd to allow passengers to pay via the digital wallet of the billionaire Mukesh Ambani-led firm. The tie-up will also enable users of Jio Money to request and pay for Uber rides from within the m...

20 February, 2017 | More »

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Uber, Ola clock half a billion rides in 2016, says RedSeer

Ride-hailing companies Uber and Ola carried out approximately 500 million rides in 2016, according to a report by RedSeer Management Consulting, a Bangalore-based consultancy firm. The number of rides by ANI Technologies Pvt Ltd-backed Ola, and US-based Uber Technologies Inc’s India subsidiary Ube...

17 February, 2017 | More »

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Ola, Uber drivers go on strike in Bangalore as talks fail; one attempts suicide

As the latest round of talks between driver representatives and cab-aggregators failed, drivers associated with taxi-hailing companies Ola and Uber have launched a fresh round of agitation in Bangalore. One of the protesters attempted suicide outside Ola office by consuming poison. He has been rushe...

16 February, 2017 | More »

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