Page 3 - Cab Aggregators

CCI dismisses alleged unfair business practices complaint against Uber

The regulator said that Uber operates in a competitive market, having competitive constraints from an equally strong player Ola.

Covid-19 impact on Ola, Uber lower during second wave; Ola fares better

The mobility sector is amongst the worst hit due to Covid-19 and both Ola and Uber have lost revenue

Investor trims Ola's valuation to about $3 billion, says report

This development comes at a time when Ola has revealed new growth plans, including setting up a Rs 2,400-crore electric vehicle facility expected to become the world's largest two-wheeler factory

New guidelines likely to make online taxi-hailing business much tougher

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

Australia a key market, Ola says amid reports of reduced operations

At a time when Covid-19 is pounding the transportation industry, it has been reported that Ola has closed local driver offices in Australia and suspended personal accident insurance for drivers there

Ola, Uber rides to get cheaper? Govt's new guidelines for app taxi firms

In this podcast we will talk about new regulations for cab aggregators, penalties in case of violation among other things

Uber, Ola surge price capped; 10-hour break must for taxi drivers

Firms face penalties, including loss of licence, for violation of govt guidelines

Govt brings out new rules for tighter scrutiny of ride hailing apps

The government has said that non-compliance with these norms would also invite penalties

Ola sees full recovery in cities, says demand to continue after festivals

The SoftBank-backed ride-hailing firm had seen a massive slump during the lockdown but is now seeing close to 100 per cent recovery in key cities

Uber India plans to expand footprint, take auto rental business global

Plans to innovate auto service products in India and replicate them in emerging markets

Ola, Uber appear before Joint Parliamentary Committee on data protection

A member of the JPC said that Ola was committed to data localisation and told the members it shared data only with associate companies

Rapido forays into rickshaw booking, eyes expanding to 50 cities by yr-end

Ride hailing app Rapido on Thursday launched auto rickshaw booking service across 14 cities

Our business in India is in very solid shape: Uber CEO Dara Khosrowshahi

In an interview, KHOSROWSHAHI discusses with Surajeet Das Gupta the impact of the new social security code on the firm's driver partners and the performance of the firm after the lockdown in India

Uber partners with HelpAge to provide 1,000 free monthly rides to elderly

Uber announced a partnership with HelpAge India, an NGO dedicated to serving the disadvantaged elderly, for providing 1,000 free rides a month in 12 cities

Uber to hire 140 more engineers for Indian tech teams to expand products

These expansion plans are in line with itss vision to make mobility and delivery more accessible, and to become the backbone of transportation in thousands of cities across the globe, the company said

Uber installing screens and cockpits in 20,000 cars for safer rides

The ride-hailing firm has already fitted them in 8,000 cars; the cost of installation is borne by Uber, and it comes free of cost to drivers

Two senior Ola executives Arun Srinivas and Sanjiv Saddy step down

These exits follow that of Nitin Gupta, CEO of Ola Financial Services, who resigned in May.

Ola to focus on electrification of small vehicles, says Bhavish Aggarwal

The acquisition of Amsterdam-based electric scooter startup Etergo by Ola earlier this year, was a first step in that direction, Aggarwal said

Uber India chief Pradeep Parameswaran to lead Asia-Pacific operations

Parameswaran will take charge of the new job on June 19. He will oversee Uber's rides business in India, Bangladesh, Sri Lanka, South Korea, Japan, Taiwan, Hong Kong, Australia, and New Zealand.

India test bed for key innovations: Uber India's Pradeep Parameswaran

Parameswaran talks to Surajeet Das Gupta about the challenges he faced and India's R&D capability.