Page 9 - Ola

As Uber, Ola continue tussle with state govts, cabbies try different route

Ride-hailing giants Ola and Uber are challenging order by States to ban autorickshaw rides through companies' apps; in the meanwhile alternative government-backed taxi/auto aggregators are coming up

Ola shuts in-car infotainment service launched in 2016 as global first

Industry sources say the service was not proving any value to the ride-hailing company

Hero Electric to invest Rs 2,500 crore to launch 4 million units by 2026

The first stage of investment will roll out this year for a new factory in Rajasthan, where vendor units will invest another Rs 400 crore

We are not here to have a nice time: CEO Aggarwal about Ola's work culture

The yardstick at which the firm would like to be judged is the impact it is creating, said Ola CEO

Ola ramping up e-scooter production, capacity: CEO Bhavish Aggarwal

Ola Electric is ramping up production of its e-scooters and is parallelly expanding capacity at its factory in Krishnagiri in Tamil Nadu to meet future demand, company Founder and CEO Bhavish Aggarwal said on Saturday. The company, which launched its new S1 Air electric scooter at an introductory price of Rs 79,999, said it will also make a foray into electric motorcycles by next year. "We have sold upwards of a lakh units now (since the company made a foray into the electric two-wheeler space last year in August). Now, we have very significant momentum behind us. We are already producing more than 1,000 a day now at the future factory. We will be scaling it up significantly beyond that," he said in a virtual press conference. Aggarwal further said,"We feel that in the next six to eight months we will exhaust the (current) installed capacity and we are also in parallel expanding our capacity in the future factory." He was responding to a query on how many electric scooters has the

Uber, Ola, Rapido continue auto services despite Karnataka govt's ban

Bengaluru is estimated to have about 200,000 autorickshaws out of which around 100,000 offer services through ride-hailing platforms

Karnataka govt orders Ola, Uber, Rapido to stop auto services from Oct 12

The Karnataka government warned app cab aggregators that it would be imposing a fine of Rs 5,000 on vehicles found operating illegally

Uber, Ola respond to Karnataka govt notice, say fares comply with rules

Mobility players such as Ola, Uber and Rapido were asked to stop their auto-rickshaw services in Bengaluru in three days; state transport dept had issued notices to these firms on Thursday

Exorbitant fare: Seize Ola, Uber vehicles, says Karnataka minister

Karnataka Transport Minister B Sriramulu issued orders to seize Ola, Uber vehicles who are challenging the authorities in Bengaluru

Karnataka govt bans Ola, Uber, Rapido auto services; terms them 'illegal'

Karnataka state govt has given three days to the companies to file their reply to the charges and a compliance report

Ola Electric eyes stakes in joint ventures to up raw material supplies

Also in talks for tie-ups with firms that provide elements to make batteries

Ola group drives back on layoff plan for nearly 200 engineers, for now

Overall, the company at a group level has a workforce of around 10,000 people

Ola not obligated to deduct tax at source on payment to driver: ITAT

Tribunal says Ola is a mere intermediary; its role is limited to managing OLA app, facilitating transport services by the driver to the rider and payment collection via e-wallet on driver's behalf

Laying off 200 engineers to 'centralise' operations, clarifies Ola

Ride-hailing major Ola clarified that nearly 200 engineers, including some in the software vertical, have been asked to go from its 2,000-strong engineer workforce as part of a larger restructuring

Top headlines: Oyo posts positive core earnings; Ola lays off 200 engineers

Jawahar Lal Goel has tendered his resignation from Dish TV India's board and has ceased to be the Chairman of the company, the company announced in a notice to the stock exchange.

Ola does a u-turn: Plans more experience centres to take count to 200

At present the company has 20 experience centres; move is in contrast to company's earlier gameplan to disrupt traditional auto distribution channels by selling directly to customers

Restructuring at Ola group likely to take away 200 engineering jobs

Aim is to minimize redundancy and centralise operations, says company

Now, Ola Electric's battery unit head Ashok Saraswat moves on: Report

There is no stopping resignations of senior executives at Ola Electric and now, its head of advanced battery engineering, Ashok Saraswat, quits

Inclusive roads: New batch of women cab drivers starts training in Delhi

In all, 450 applications received so far for driving lessons

Big tech under Parliamentary panel lens for alleged anti-competition play

Top execs of Indian arms of Apple, Google, Amazon, Netflix and Microsoft quizzed about impact of their business models on small players.