About 59 per cent of app-based taxi users said they have faced hidden charges -- fees not shown upfront but added at the end of the ride
Rapido, new kid on the cab aggregator block, is shaking up the market -Rapido
Several app-based taxis and auto rickshaws went on a one-day strike across Maharashtra on Thursday to press for their demands, including fare hikes, a union said, though some users said they did not feel any inconvenience. Dr Keshav Nana Kshirsagar, president of Maharashtra Gig Kamgar Manch, the union that has been leading the strike, claimed that a large number of vehicles remained off the road due to the strike in cities like Mumbai, Nashik and Pune. The union has demanded fare rationalisation, bringing the rates on a par with those of the conventional black-and-yellow metered cabs, prohibition of bike taxis, and a cap on permits for black-and-yellow taxis and auto rickshaws. A welfare board for drivers of app-based cabs and enactment of a law for gig workers' are among the other demands of the union. Due to the strike, the Mumbai airport parking lot, which remains crowded with app-based taxis, was deserted on Thursday afternoon, said the union. Some passengers, however, claimed
Phased rollout across autos, bikes and cabs lets over one million drivers retain 100 per cent of fares as Ola shifts away from traditional commission-based model
Ola Group is reorganising its corporate structure by establishing a holding company to consolidate its brand intellectual property (IP) assets, aiming to streamline internal ownership arrangements. The move is aimed at eliminating intra-group cross-holdings and simplifying internal ownership structures, according to people familiar with the matter. The move follows Ola Electric's public listing last year and will be carried out through a newly formed entity under the control of the founder's family office. Ola's operations currently span mobility, electric vehicles, energy, and artificial intelligence, positioning it as India's only well-diversified technology conglomerate with businesses cutting across key sectors of the new economy. ANI Technologies, which operates the group's ride-hailing business, holds the brand IP and has licensed it to electric vehicle manufacturer Ola Electric. The move has triggered concerns among some investors who worry that they could be cut out of fut
Amit Shah said the profits from this cooperative society will not go to businessmen but directly to the drivers
Media reports claimed Ola Electric was under scrutiny as the Heavy Industries Ministry probes a gap between its reported February sales of 25,000 scooters and 8,600 Vahan registrations
Will invest Rs 10,000 cr more by next year, says Krutrim founder
On Thursday, the CCPA issued notices to Ola and Uber for allegedly charging different prices for identical routes based on the mobile phone operating systems (Android or iOS) of users
According to the sources, the executives leaving the firm are part of the restructuring efforts at Bhavish Aggarwal-led electric vehicle maker
Over 2,000 complaints registered on NCH, authority asks platform to issue bills for auto rides
Ola Electric plans to open 10,000 sales and service outlets by 2025 - a move aimed at boosting its presence in smaller cities across India
Ola Cabs renamed as Ola Consumer
Bhavish Aggarwal also announced the relaunch of Ola Share - the ride sharing service, which will start today in Bangalore and soon expand to other cities
The grey market premium (GMP) for Ola Electric's shares is estimated at Rs 12-13, suggesting a potential premium of 16% over the issue price
IPO-bound Ola Electric's overall material costs in FY24 reached around Rs 4,390 crore, marking a 75% increase from FY23
Ola Electric's roughly $740 million IPO will open this week and will be the first by an Indian electric vehicle maker
Titan Capital's Rohit Bansal and Kunal Bahl secured the returns on their decade-old seed cheque to the firm, having invested Rs 57 lakh in 2015
Ola Cabs' shift from Google Maps to their in-house Ola Maps has led to significant annual savings of around Rs 100 crore
Elon Musk's Tesla has not responded to inquiries from officials in New Delhi and is no longer expected to invest in India