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
Uber Italia said it had made its Uber Eats platform available to restaurants and couriers in full respect of the law and it condemned any form of illegal intermediation
Firms that provide urban commuting warm up to new realities as lockdown relaxes
Ola's revenue has come down 95% in the past 2 months because the disruption caused by the coronavirus.
The Delhi government, in a major relaxation. has permitted everyone to go to office. But the Maharashtra government has gone to the other extreme by keeping offices closed till the end of May.
Takes hit after writing down the value of investments in WeWork, Uber and others; plans to double buybacks
Uber said it had sourced more than 3 million three-ply face masks, 1.2 million shower caps, 200,000 bottles of disinfectants and 200,000 bottles of sanitisers for free distribution
Demand for the Eats business grew 89 per cent in April, excluding India, and we've seen an enormous acceleration in demand since mid-March, Khosrowshahi said
Uber reported it had seen encouraging signs in markets hit by the pandemic and posted a 14% rise in revenue for the first quarter, supported by a jump in food-delivery orders at its Uber Eats business
There are sectors that are looking beyond the pandemic to pivot from being a high-touch business to a low-touch one
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
In Red Zones, which one includes most big cities like Delhi, Mumbai and Bengaluru, only essential services like Uber's Essentials and UberMedic services will be operational
It's for this new consumer that companies are adapting their products and services
Uber, in a press release, had said that the partnership was aimed at ensuring that essential needs are fulfilled right in the safety of customers' homes
The ride hailing company has partnered with the city's traffic police and has identified a select fleet of vehicles for pick-up and drop to or from city hospitals
Firm also plans to roll out hospital cash insurance for its drivers, covering Covid-19 and other illnesses requiring hospitalisation for up to 14 days
Business Standard brings you top business headlines of the day
Over the past week, several unusual partnerships among start-ups, traditional businesses and hospitals have been announced, and several more are likely to materialise soon
From Uber and BigBasket joining hands to deliver essentials, oil producers seeking relief from govt to venture capitalists warning start-ups, Business Standard brings you top headlines of the day