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Lyft wins dismissal of shareholder lawsuit over earnings report error

The judge found no proof that the San Francisco-based company and its top executives intended to defraud anyone by reporting an incorrect profit margin

Lyft wins dismissal of shareholder lawsuit over earnings report error
Updated On : 17 Jan 2025 | 8:44 AM IST

8 in 10 app taxi users report dark patterns like bait-and-switch, others

4 in 10 app taxi users also confirm experiencing drip pricing, according to the survey, which said price manipulation based on user information was experienced by the consumers

8 in 10 app taxi users report dark patterns like bait-and-switch, others
Updated On : 28 Dec 2024 | 1:26 AM IST

Rapido reports 2.5x increase in gross order value to Rs 2,461 cr in Q2FY25

Low-cost mobility platform reports more than two-fold increase in gross order value of Rs 2,461 cr in Q2 FY25

Rapido reports 2.5x increase in gross order value to Rs 2,461 cr in Q2FY25
Updated On : 14 Nov 2024 | 4:20 PM IST

From ISRO scientist to cab service operator; man builds 2 cr cab business

Uthaya Kumar, an ISRO scientist, left his job to start something of his own after seven years and launched a cab service business. He hails from Kanyakumari district in Tamil Nadu, India

From ISRO scientist to cab service operator; man builds 2 cr cab business
Updated On : 08 Oct 2024 | 2:04 PM IST

Auto-taxi drivers on strike in Delhi-NCR on Aug 22 and 23; details inside

The auto and taxi driver union strike on August 22 and 23 is likely to cause transportation issues in Delhi-NCR. App-based taxi services are reason behind the protest

Auto-taxi drivers on strike in Delhi-NCR on Aug 22 and 23; details inside
Updated On : 22 Aug 2024 | 10:11 AM IST

EV ride-hailing service provider BluSmart raises $24 million in funding

BluSmart has raised $109 million across its seed and Series A rounds to date

EV ride-hailing service provider BluSmart raises $24 million in funding
Updated On : 15 Jul 2024 | 8:33 PM IST

Uber, other apps seek govt clarity over GST liability for their business

Move comes after Karnataka AAR exempts Namma Yatri from GST, citing its role as mere intermediary between auto drivers and customers

Uber, other apps seek govt clarity over GST liability for their business
Updated On : 15 Jul 2024 | 2:43 PM IST

Ola Cabs exits Google Maps, saves Rs 100 cr by transitioning to Ola Maps

Ola Cabs' shift from Google Maps to their in-house Ola Maps has led to significant annual savings of around Rs 100 crore

Ola Cabs exits Google Maps, saves Rs 100 cr by transitioning to Ola Maps
Updated On : 06 Jul 2024 | 1:49 PM IST

Using private car as a cab can lead to insurance claim rejection

Customers should be mindful of factors that can lead to motor claim rejections and take steps to avoid them

Using private car as a cab can lead to insurance claim rejection
Updated On : 29 May 2024 | 11:23 AM IST

Bengaluru airport suspends entry fee for vehicles amid public outrage

Cabs and other commercial vehicles were subjected to an entry fee of Rs 150 for up to seven minutes, and after seven minutes, the fee would have increased to Rs 300

Bengaluru airport suspends entry fee for vehicles amid public outrage
Updated On : 21 May 2024 | 10:55 AM IST

Ola's next stop: Scaling up fintech, logistics, e-commerce businesses

The company's vision is to serve 1 billion Indians and drive sustainable growth and efficiency in the organisation

Ola's next stop: Scaling up fintech, logistics, e-commerce businesses
Updated On : 20 May 2024 | 11:36 PM IST

Electric vehicle operator BluSmart touches milestone of 7,000 EV fleet

BluSmart operates in Delhi NCR and Bangalore using car models such as Tata Tigor EV, MG ZS EV, and BYD E6

Electric vehicle operator BluSmart touches milestone of 7,000 EV fleet
Updated On : 14 Mar 2024 | 2:03 PM IST

Nasscom urges Karnataka govt to review the uniform taxi fare rules

Government of Karnataka, revised the fare structure applicable to taxis (both mobile application (app)-based and non-app-based city taxis)

Nasscom urges Karnataka govt to review the uniform taxi fare rules
Updated On : 05 Mar 2024 | 7:46 PM IST

Uber way behind Ola in India: Bhavish Aggarwal responds to Khosrowshahi

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

Uber way behind Ola in India: Bhavish Aggarwal responds to Khosrowshahi
Updated On : 26 Feb 2024 | 11:38 PM IST

After cabs, Rapido extends SaaS-based zero-commission model to auto drivers

This model is different from most of Rapido's competitors like Ola and Uber where the drivers pay a commission per ride

After cabs, Rapido extends SaaS-based zero-commission model to auto drivers
Updated On : 13 Feb 2024 | 3:42 PM IST

Will stay focused on Delhi & Bengaluru, open charging hubs for biz: Jaggi

Jaggi also won't mix the electric DNA of the company with either hybrid or any other fuel cars. But he has other plans to improve revenue

Will stay focused on Delhi & Bengaluru, open charging hubs for biz: Jaggi
Updated On : 03 Nov 2023 | 10:47 PM IST

Delhi Motor Aggregator Scheme could adversely impact gig workers: IAMAI

The Internet and Mobile Association of India (IAMAI) on Wednesday said the implementation of the Delhi Motor Vehicle Aggregator and Delivery Service Provider Scheme by the city government could adversely impact the livelihoods of countless gig workers across the national capital. The scheme was approved by Chief Minister Arvind Kejriwal last month. Mandatory panic buttons in taxis, integration with emergency response number '112', and phase-wise transition to electric vehicles (EV) are some of the highlights of the scheme to regulate cab aggregators and delivery service providers in the national capital. The IAMAI, a not-for-profit industry body representing the digital services industry with over 500 Indian and multinational corporations as its members, said it supports the development of the country's electric vehicle (EV) industry and recognises the importance of pragmatic policies that systematically target environmental issues. "However, it is crucial to acknowledge the presen

Delhi Motor Aggregator Scheme could adversely impact gig workers: IAMAI
Updated On : 28 Jun 2023 | 7:15 PM IST

Everest Fleet raises $20 mn to build capacity in Uber-led funding round

Firm operates in shared mobility space, is a partner to top ridesharing companies such as Uber and Ola, plans to add 10,000 EVs to existing fleet

Everest Fleet raises $20 mn to build capacity in Uber-led funding round
Updated On : 14 Jun 2023 | 2:40 PM IST

Maruti launches Alto K10 based Tour H1 for commercial segment at Rs 4.8L

Maruti Suzuki India (MSI) on Friday said it has launched a new entry-level commercial hatchback Tour H1 with price starting at Rs 4.8 lakh (ex-showroom Delhi). The CNG trim of the model, which is based on the latest generation of Alto K10, is tagged at Rs 5.7 lakh. The model comes equipped with 1-litre petrol engine. "The all-new Tour H1 carries on the legacy and trust built by the Alto K10 for the commercial segment," MSI Senior Executive Officer (Marketing and Sales) Shashank Srivastava said in a regulatory filing. The model comes with next-gen K 10C engine with a host of comfort, convenience, and safety features, he added. Available in both petrol and factory-fitted S-CNG options, Tour H1 offers a fuel-efficiency rating of 24.60 kilometre per litre for the petrol-fuelled version, and 34.46 kilometre per kilogramme for the S-CNG variant, MSI said.

Maruti launches Alto K10 based Tour H1 for commercial segment at Rs 4.8L
Updated On : 09 Jun 2023 | 4:47 PM IST

Uber introduces 'teen accounts' with safety features in US, Canada

With 'always-on support', parents will be able to contact the driver directly during a trip, contact Uber's support team, or report an issue on behalf of their teen

Uber introduces 'teen accounts' with safety features in US, Canada
Updated On : 18 May 2023 | 3:51 PM IST