India's cooperative sector is set to challenge ride-hailing giants Ola and Uber with the launch of a taxi service under the brand Bharat by the end of this year, backed by Rs 300 crore authorised capital and having already onboarded 200 drivers across four states. The Multi-State Sahakari Taxi Cooperative Ltd, registered on June 6, represents a consortium of eight prominent cooperatives, including the National Cooperative Development Corporation (NCDC), Indian Farmers Fertilizer Cooperative Ltd (IFFCO), and Gujarat Cooperative Milk Marketing Federation (GCMMF). Last month, Cooperation Minister Amit Shah had indicated that a cooperative taxi service will be launched by the end of 2025, while unveiling a comprehensive cooperative policy for the sector. "The key objective is to ensure better returns to drivers and provide quality, safe and affordable services to passengers," NCDC Deputy Managing Director Rohit Gupta told PTI. The venture operates without any government stake, being ..
The Goa government has temporarily suspended the issuance of new Rent-a-Cab licenses in light of the growing safety and traffic concerns arising from the unchecked proliferation of self-driven rental vehicles, a minister has said. The decision was taken following a communication from the Chief Minister's Office (CMO) highlighting a series of serious road accidents involving the Rent-a-Car and Rent-a-Bike vehicles, Goa Transport Minister Mauvin Godinho informed the state assembly in a written reply on Wednesday. He was responding to a question raised in the House by Independent MLA Aleixo Reginaldo Lourenco. Godinho said many of these incidents were attributed to rash and negligent driving by tourists, including cases of driving under the influence of alcohol. "The matter was deliberated upon in detail during the State Transport Authority's (STA) meeting held on February 24, 2025, where it was unanimously resolved to keep the issuance of new Rent-a-Cab licenses in abeyance in the ..
The service initially covers key areas such as Goregaon, Bandra, and the Bandra Kurla Complex (BKC), with plans for further citywide expansion
Zoomcar could face stiff competition in a market dominated by well-heeled players like Ola and Uber that primarily offer intra-city ride-hailing services, but also offer cab rentals
The ETS market, valued at Rs 50,350 crore in 2023, is projected to reach Rs 1.09 trillion ($13.2 billion) by 2030, according to the Red Herring Prospectus by Eco Mobility, a car rental company
The improvement in adjusted Ebitda was attributed to cost optimisation efforts driven by technology and product enhancements
Self-drive car sharing platform Zoomcar Holdings on Thursday said it has partnered with Air India Express to allow customers to book self-drive cars directly from the airport on the airline's mobile app as well as the website in 19 cities. The collaboration also caters to the customer with varying requirements, leveraging the extensive fleet options and ensuring ample space for baggage carried through Air India Express's add-on packs such as carry-on-Xtra, international connecting baggage, and special equipment, Zoomcar said in a statement. This collaboration will offer the customer access to self-driven car rentals in Bengaluru, Bhubaneswar, Chennai, Delhi, Goa, Guwahati, Hyderabad, Indore, Jaipur, Kolkata, Kochi, Lucknow, Mangaluru, Madurai, Mumbai, Pune, Tiruchirappalli, Vijayawada and Visakhapatnam, it said. "We're focused on providing improved and personalised travel experiences for our guests at Zoomcar, and our partnership with Air India Express is another stepping stone ...
The firm said that net revenue declined due to lower number of days booked, resulting in decreased gross billings as Zoomcar prioritised higher-margin bookings in support of its cost reduction efforts
The Bhavish Aggarwal-led company said that it has set in motion a few initiatives for strong growth and profitability in the near future
Automaker Nissan India on Monday said it has tied up with Zoomcar and Orix for its vehicle subscription programme. The Nissan Intelligent Ownership model is currently available in Delhi NCR, Bangalore, Chennai, Mumbai, Hyderabad and Pune. "Customer's lifestyle is progressively evolving and this initiative by Nissan, Zoomcar & ORIX empowers the customer on being asset-lite with strong saving potential," Nissan Motor India Managing Director Rakesh Srivastava said in a statement. The Nissan Intelligent Ownership subscription plan covers all maintenance costs including scheduled and unscheduled repairs, tyre and battery replacement, 24x7 roadside assistance, cost of paperwork, zero depreciation insurance, registration fee, road tax and RTO expenses. It also comes with a FASTag, standard accessories and pick-up and drop facility. Zoomcar CEO & Co-Founder Greg Moran said the company is delighted to partner with Nissan Motor India and ORIX to offer flexible subscriptions as an ...
Car rental company Hertz is ordering 100,000 electric vehicles from Tesla.
You can even gift yourself the experience of riding a different set of wheels each time you plan a trip--from a Hummer to a Bentley to a Jaguar to a BMW or Range Rover
AirAsia India on Friday said it has partnered with Avis India to offer its flyers discounted car rental services. Through this partnership, AirAsia India passengers can use the services of the car rental company in 14 cities -- Delhi, Noida, Gurugram, Faridabad, Bengaluru, Mumbai, Hyderabad, Chennai, Kolkata, Chandigarh, Kochi, Pune, Bhubaneswar, Jaipur, it said. "AirAsia India has partnered with Avis India to offer guests discounted car rental services, and other benefits such as complimentary upgrades in India and internationally when booking on www.avis.co.in/partner/AirAsia," the airline said in a statement. As there are restrictions on mobility, particularly in major Indian cities due to the coronavirus pandemic, flyers are turning to car rental and chauffeur-driven vehicles as a safe, private and flexible alternative to public transport, the airline said. "AirAsia India guests can opt to hire airport transfers, chauffeur-driven vehicles, long term car rentals or self-drive ca
Service providers in Japan were flummoxed when they found that many customers returned their vehicles with no mileage logged at all