Live news updates: Logistics firm Delhivery opts for IPO; RBI wants early sale of stressed assets.
The Covid-19 pandemic has wreaked havoc on businesses, especially in the area of transportation and travel and hospitality
Two travel service providers OLA and IRCTC have come out with new plans in the health and accident insurance spaces
Threatened by the growing reliance on private vehicles and distrust of shared modes of transport, the ride-hailing brand steps in to reclaim its reputation
Here are the top 10 headlines on Thursday morning
Akin to the over 100 cities where Ola is now operational, enhanced protocols are applicable
"Millions of drivers and their families have been affected, and even a humble contribution can have a lasting impact on their wellbeing," said Anand Subramanian, Spokesperson of Ola
Remote working also being adopted for staff safety; masks and sanitisers for rider-partners
Overall, Delhi recorded a total of 1.06 billion km in 2019 and over 71 million trips, Ola said
The SoftBank-backed ride-hailing firm is expanding rapidly across the UK since its launch last year
According to sources in the know, this exercise would result in reduction of its workforce by around 300 people, which is roughly 5-8 per cent of its overall headcount
Perfecting tech and handling state licences would be the main focus for the new team
SoftBank-backed Ola intends to host a fleet of 20,000 cars by 2020
The funds will help expansion plans, fight with rival Uber
Ola issued a strong-worded statement saying that the company is a secular platform
Reduces driver incentives by up to 50% per ride; says will be first to become profitable
The incident took place in North Delhi's Roop Nagar area on Wednesday