Ola, Uber have caused the Auto Sector Slowdown in India?

FM Nirmala Sitharaman kicked up a storm with her statement that the millennial mindset of using services such as Uber and Ola instead of purchasing vehicles had contributed to the auto sector slowdown.

Uber can never be Amazon, here’s why?

Uber again missed revenue expectations and reported a record loss of $5.24 billion in the last quarter, but while CEO and investors don’t care, this is a trajectory it will find hard to shed.

Government could soon scrutinize Ola and Uber for surge pricing

The Motor Vehicles Act, 1988, did not recognize cab aggregators as separate entity, after amendment the government will have the power to frame rules to regulate Ola, Uber and other app-based cab services and radio taxis.

Ola gears up to challenge Uber’s monopoly in London

Ola is seen as a potential threat to Uber Technologies Inc.’s dominance in the London ride-sharing market. Ola, owned by ANI Technologies, has stated that it will take on Uber in London before the end of the year. According to…

Ratan Tata endorses Ola’s electric vision

Ratan Tata’s endorsement of Ola’ Electric Mobility arm is a significant uptick for market confidence in Ola’s ambitious plans.

OLA: The Serial Offender of Indian Startup Ecosystem

Ola Cabs has added yet another red mark in its long list of violations and controversies when its license to ply in Karnataka was banned for six months by the transport department; and then in a sharp U-turn, Karnataka Government…

Ola: Suspension of licence ‘unfortunate’

Ola cabs banned in Bengaluru for six months Ola Cabs on Friday termed the suspension of its license in Karnataka ‘unfortunate‘ while reaffirming that the company is “evaluating all options to find an amicable solution” for its driver-partners in Karnataka…

Indian online firms more adventurous than US and UK?

Indian online companies rank 11th for overseas expansion according to a survey by Stripe. The list was led by Singapore and Hong Kong. By Lee Kah Whye San Fransisco [USA], Feb 04 (ANI): Singapore and Hong Kong are the number one…

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