Ola Uber

Uber chief had said Ola was foraying into other areas but Uber was focused on ride-sharing business

Ride-hailing platform Uber has opposed the move in a letter to the Lieutenant Governor of Delhi and the Transport Commissioner

The Supreme Court would hear on Monday two pleas filed by the Delhi government against the high court order permitting bike-taxi aggregators, Rapido and Uber, to operate in the national capital till notification of the final policy by the administration on plying of two-wheeler non-transport vehicles. The AAP government has challenged in the Supreme Court the May 26 order of the Delhi High Court asking it not to take any coercive action against the bike-taxi aggregators ill the final policy was notified. According to the cause list uploaded on the apex court web site, a vacation bench of justices Aniruddha Bose and Rajesh Bindal would hear the pleas of the AAP government on June 12. Let copies of both the petitions be served upon the learned Solicitor General so that the stand of the Union of India can be obtained, the bench had said in its order. Earlier, senior advocate Manish Vashisht, appearing for the Delhi government, said the high court's decision to stay the government's ..

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Industry sources say the service was not proving any value to the ride-hailing company

The Karnataka government on Saturday held a meeting with the representatives of cab aggregators Uber, Ola and Rapido over high auto-rickshaw prices

The Covid-19 pandemic has hurt the transportation industry. But Ola said it is one of the most profitable ride-hailing companies in the world with a strong balance sheet

Once app-based cab aggregators became popular and their driver population burgeoned, they pruned incentives and began charging drivers hefty commissions. The pandemic only made matters worse

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The reason: Just a few weeks ago, the Centre has come out with the long-awaited Motor Vehicle Aggregator Guidelines, which have drawn a dismayed response from the companies concerned

Uber Senior Director of Global Safety Products Sachin Kansal said the feature is under pilot and should be rolled out to users in the next few weeks

B V R Subbu currently manages a boutique strategy-consulting firm, advising global PE funds. He is also on the boards of various automotive and tech firms

According to consulting firm Redsheer, the drivers incentives i.e. percentage of gross booking value has fallen from 60 per cent in 2015 to just about 8 per cent in 2018

Those in power were making "weird" statements, the former finance minister said, talking to reporters here

In October 2016, the state government had constituted a committee to decide on the minimum and maximum fare structure for companies like Ola and Uber

For the model followed by cab aggregators, estimation of fares are done by algorithms on the basis of large data sets

Cash in hand dwindles for drivers even as cab aggregators shower corporate incentives

Market speculation on next moves, with it and arch-rival Uber having the same big stakeholder, raises questions on future consolidation

Growth of ride-hailing services slowed in 2017 as base of early adopters dried up

Uber still accounts for up to 40% of the Indian ride-hailing market