Page 2 - Cab Aggregators

CCPA gets complaints against cab aggregators; calls meeting next week

The meeting is likely to be held on May 10

Ola CEO Bhavish Aggarwal shifts gear, to focus more on long-term strategy

Aggarwal on Tuesday tweeted that he is not retiring as has been portrayed by some media reports

Bombay HC asks all cab aggregators to apply for licences by Mar 16

The Bombay High Court on Monday directed all such aggregators to apply for valid licenses by March 16

Uber rival Bolt raises $711 million at valuation of over $8 billion

Bolt, a rival of Uber's ride-sharing and food delivery business, last raised funding in August at a valuation of more than 4 billion euros.

Delhi govt to ask aggregators to completely switch to electric vehicles

The Delhi government is going to ask e-commerce companies, food delivery services and cab aggregators to completely switch to electric vehicles

SoftBank-backed Ola's COO and CFO to exit firm amid its plans to go public

Source says departures driven by loads of pressure from the top, pandemic impact on ride-hailing business and plenty of resources going to Ola Electric

Ola acquires geospatial provider GeoSpoc to build new mobility maps

Cab-hailing platform Ola on Tuesday said it has acquired GeoSpoc, a leading provider of geospatial services in the country, for an undisclosed sum

Uber could post first adjusted profit this quarter as ride demand returns

Uber Technologies Inc could post its first profit on an adjusted basis for the current quarter, reaching the elusive milestone sooner than expected

How Ola e-scooter compares with Ather, Honda Activa and others?

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