Riders can retain a car with driver for several hours and make several stops on their journey, due to which they get greater flexibility as they restart their lives after a lengthy lockdown
The move is part of a global restructuring plan announced earlier by Uber CEO Dara Khosrowshahi in view of dwindling fortunes amid Covid-19 lockdowns in several countries, including India
With further relaxation of lockdown regulations and more powers given to states, Ola will be restarting services in over 60 cities across the country from Tuesday.
Combined with the 3,700 employees in customer support and human resources, Uber dismissed earlier this month, the cuts now total about 25% of the total workforce. A spokesman said more cuts could come
Nothing suggested it was a cab ride during extraordinary times except that the driver patiently waited at the gate without making any hurry-up calls
Maharashtra has nearly 75,000 black and yellow cabs and over 1 million auto rickshaws
The service, which was first launched in Bengaluru, Hyderabad, and Pune, caters exclusively to professionals and keeps commercial operators out
The government is considering a proposal to cap the commission paid by drivers at 10%
A company source said the firm is looking to double the scale of business across parameters such as revenue, customers, driver-partners and the number of rides
Though this will increase the earnings of drivers, a fear among industry players is that any meddling with natural market dynamics might cause more harm than good
Interestingly, around four out of every 10 Ola Bike trips are taken in small towns
According to the company, Ola Bike on an average, is 30 per cent faster and 50 per cent more cost-effective than four-wheelers for distances between 6 and 8 kilometres
A lawyer who's been fighting the ride-hailing giant in court for six years wants a judge to now take into account the extra costs saddled on California taxpayers by Uber's business model
Says it is the biggest tranche of capital infusion to Uber India by parent company
Once the users use this option, Uber will show the best three routes for using a metro or bus in the city
Start-ups like Quick Ride, GetToWork and Bounce are coming out with innovative solutions to provide office-goers with cost effective alternatives
The SJM also demanded that in case of ride cancellation by a taxi-app company or the driver, Rs 100 or an amount equivalent to 20 per cent of the fare should be credited as a penalty
Karnataka already has a minimum and maximum fare for app-based cab companies
The cab aggregators believe that their return on investment has not been high so far
The company will launch its service in Mumbai next month and focus only on office-going people with fixed schedules