Ride hailing app Rapido on Thursday launched auto rickshaw booking service across 14 cities
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 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
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
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
These exits follow that of Nitin Gupta, CEO of Ola Financial Services, who resigned in May.
The acquisition of Amsterdam-based electric scooter startup Etergo by Ola earlier this year, was a first step in that direction, Aggarwal said
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.
Parameswaran talks to Surajeet Das Gupta about the challenges he faced and India's R&D capability.
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