MP: Ola, Uber get a month to comply with guidelines
8 years, 7 months ago

MP: Ola, Uber get a month to comply with guidelines

Hindustan Times  

Relaxing its ban on Ola and Uber with “immediate effect”, the Madhya Pradesh government gave the two cab companies a breather on Tuesday by serving them a notice to comply with the state transport guidelines in a month’s time. According to transport department sources, the state capital has about 650 Ola taxis and 200 Uber. This system, called ‘peak-time charge’, is non-existent in the Motor Vehicle Act, the transport department pointed out on Tuesday—citing why it was banning Ola and Uber in the state. Transport department sources said the state capital had about 650 Ola taxis and 200 Uber.

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History of this topic

Ola, Uber start subscription based plans for auto drivers: What changes for you? Will rides be cheaper?
11 months, 3 weeks ago

Ola, Uber start subscription based plans for auto drivers: What changes for you? Will rides be cheaper?

Hindustan Times  

Ride-hailing platforms Ola and Uber are offering subscription based plans for auto-rickshaw drivers on their platforms, This will replace charging a booking fee or commission on every transaction. Ola has rolled out the model in Delhi-NCR, Mumbai, Bengaluru and Hyderabad while Uber launched the same in six cities starting with Chennai, Kochi and Visakhapatnam, Economic Times reported citing people in …

Uber, Ola will have to fall in line as Karnataka govt fixes uniform fare for taxis
1 year, 1 month ago

Uber, Ola will have to fall in line as Karnataka govt fixes uniform fare for taxis

Hindustan Times  

City taxis and those operating through app-based aggregators like Uber and Ola will now have to follow the new fare structure announced by the Karnataka Transport Department. According to the new fare structure, cabs have been categorised into three classes based on the cost of the vehicle. With this new order released by the department on Saturday, fares for app-based …

Ola, Uber slapped with 292 cases in Bengaluru for charging excess fare: Report
2 years, 6 months ago

Ola, Uber slapped with 292 cases in Bengaluru for charging excess fare: Report

Hindustan Times  

Cab aggregators Ola, Uber and others have come under the radar of the Karnataka Transport Department officials after several complaints poured in from commuters in Bengaluru on high fares. Transport department officials in Karnataka have taken cab aggregators to task by booking them under 292 cases for charging excess fares. A report by The Hindu said the transport department has …

Cab shortage in Bengaluru? Why you are seeing fewer Ola, Ubers on the road
2 years, 10 months ago

Cab shortage in Bengaluru? Why you are seeing fewer Ola, Ubers on the road

Hindustan Times  

As more and more people shift to working from office, demand for the two biggest ride-hailing apps in Bengaluru, Ola and Uber, is growing everyday. India's biggest ride hailing apps Uber and Ola are facing a serious shortage in cabs that are now hitting its users too. Tanveer Pasha, the president of Ola and Uber drivers’ association in Bengaluru, told …

Ola rolls out self-drive cab services in Bengaluru. Know fare, safety features
5 years, 5 months ago

Ola rolls out self-drive cab services in Bengaluru. Know fare, safety features

India TV News  

In a good news for those who do not own a car in Bengaluru, ride-hailing major Ola on Thursday launched its self-drive cab rental service "Ola Drive". A new option of Ola Drive will be seen on the Ola app and the service is being rolled out for users in Bengaluru through pick-up stations located across different residential and commercial …

Ola-Uber pushing auto slump? Statistics puncture Nirmala Sitharaman's theory
5 years, 6 months ago

Ola-Uber pushing auto slump? Statistics puncture Nirmala Sitharaman's theory

India Today  

Facts, numbers and economics they all belie finance Minister Nirmala Sitharaman's unique - if not bizarre - explanation to the slowdown in the country's automobile sector. For one, sales to all cab companies account for between 8-10 per cent of overall passenger vehicle sales across companies. Sales to the entire taxi segment at Maruti, India's largest carmaker, are between 5-6 …

Ola expands Australia cab business by launching in Sunshine Coast
5 years, 8 months ago

Ola expands Australia cab business by launching in Sunshine Coast

Live Mint  

Bengaluru: App-based cab aggregator Ola, on Friday announced further expansion in its Australia operations by launching its services in Queensland’s Sunshine Coast district. Ola said in a statement that based on requests from drivers and customers, Sunshine Coast was chosen due to the bustling tourism industry. After seeing a large number of requests to introduce our services in other parts …

Ola in talks with Naspers for fresh funding; cab-hailing major may see its valuation go up to $7-8 billion
6 years, 6 months ago

Ola in talks with Naspers for fresh funding; cab-hailing major may see its valuation go up to $7-8 billion

Firstpost  

Ola is also in talks with Singapore’s Temasek Holdings Pvt. Ltd and two other funds to raise $1 billion capital ANI Technologies, which runs cab-hailing major Ola, is reportedly in talks with South Africa-based internet and media group Naspers to get fresh capital, a media report said. Ola is also in talks with Singapore’s Temasek Holdings Pvt Ltd and two …

Ola expands in Australia, begins service in Sydney
7 years ago

Ola expands in Australia, begins service in Sydney

Live Mint  

New Delhi: Indian cab hailing firm Ola on Monday said it has started operations in Sydney, expanding its services in the Australian market. Uber launched its operations in Australia in 2012 and currently operates in 19 Australian cities including the major cities of Sydney, Melbourne, Brisbane, Adelaide, Perth and Canberra. US-based Uber, which is one of the world’s most valued …

Indian cab aggregator Ola goes International, announces entry into Australia to take on rival Uber
7 years, 2 months ago

Indian cab aggregator Ola goes International, announces entry into Australia to take on rival Uber

India TV News  

Indian online cab aggregator Ola on Tuesday announced its entry into the international market, starting with Australia, to take on its American rival Uber. "We have begun recruiting private hire vehicles and drivers in Sydney, Melbourne and Perth from Tuesday, with rides expected to begin in the coming weeks," a company spokesperson told IANS. The company sees "immense" potential in …

Ola raises $1.1 billion from investors lead by Tencent and SoftBank; seeks to raise another $1 billion
7 years, 5 months ago

Ola raises $1.1 billion from investors lead by Tencent and SoftBank; seeks to raise another $1 billion

Firstpost  

Ride-hailing service Ola will use the funds to increase its numbers of drivers and expand its presence to more cities, it said in a statement on Wednesday. Indian ride-hailing firm Ola has raised $1.1 billion from investors led by China’s Tencent Holdings and Japan’s SoftBank Group and is in advanced talks with other investors for another $1 billion. The funds …

Are Uber and Ola good models for Indian cities?
7 years, 10 months ago

Are Uber and Ola good models for Indian cities?

Hindustan Times  

That’s a tough question to answer because Indian cities were congested even before Uber and Ola launched their services. A recent report by Schaller Consulting suggests that cab aggregation services such as Uber might be responsible for an increase in congestion in New York City although the companies have disputed this. At the heart of the February protest by Ola …

Ola and Uber taxis may go on strike in Mumbai tomorrow
8 years, 1 month ago

Ola and Uber taxis may go on strike in Mumbai tomorrow

Hindustan Times  

Irked by their steadily reducing income, increasing penalties and a cut on incentive policies of app based aggregators such as Ola and Uber, cabbies attached to the companies are planning to launch an agitation this week. A taxi union leader said that a section of over 500 drivers, whose vehicles were attached with Ola and Uber, have come together to …

Ola follows Uber, slashes its 'share' service fare by 45%, expands to 3 new cities
8 years, 6 months ago

Ola follows Uber, slashes its 'share' service fare by 45%, expands to 3 new cities

Firstpost  

The highest reduction has been done in Mumbai and Bengaluru, where the fare has been revised to about Rs 3 per km New Delhi: Taxi aggregator Ola has slashed fares of its ‘Share’ offering by up to 45 percent and expanded this service to three more cities. Ola’s Share service is also available in Delhi, Hyderabad, Chennai, Kolkata and Pune …

Micro alone is leading the race against Uber in India: Ola
9 years ago

Micro alone is leading the race against Uber in India: Ola

Firstpost  

Among the latest product by Ola is Ola Micro, which offers smaller hatchback AC cars such as Hyundai ion, Datsun Go and Maruti Suzuki Wagon R as taxis with a base price of Rs 6 per kilometer. The rate at which Micro is growing, it will be larger than their entire brand within a month.” Ola claims it holds 75 …

Ola, Uber take us on a costly ride
9 years, 1 month ago

Ola, Uber take us on a costly ride

Deccan Chronicle  

Hyderabad: Though app-based cab providers such as Uber and Ola claim they offer a rate of Rs 7 per km for their first category vehicles — the “mini” vehicles including Indica and Indigo cars — passengers end up paying Rs 15 per km. Going by the rates that are hyped, a commuter travelling 10 km during non-peak hours should be …

Uber, Ola hop on to ride-sharing bandwagon, launch operations in Bengaluru
9 years, 5 months ago

Uber, Ola hop on to ride-sharing bandwagon, launch operations in Bengaluru

Firstpost  

A senior official with Ola said driver partners can expect up to 50 percent more earnings and better inventory utilisation with OlaShare. Ola also announced a shared service in Bengaluru where it is promising a flat introductory fare of Rs 50 for a shared trip anywhere in the city. Ola’s senior director Anand Subramanian told Firstpost driver partners can expect …

Ola to launch motorcycle taxis to raise its stake in online commuter market
9 years, 6 months ago

Ola to launch motorcycle taxis to raise its stake in online commuter market

India TV News  

New Delhi: The Indian taxi provider Ola is planning to launch motorcycle taxis, the latest in a string of services the company is building to consolidate its turf in India's vast online commuter market. According to Economic Times, “The bike taxis will be on the lines of Indonesia's GoJek, Blue-Jek and Grabbike that transport both people and goods.” The report …

Ola Cabs to offer benefits worth Rs 1 lakh to drivers to switch to CNG
9 years, 7 months ago

Ola Cabs to offer benefits worth Rs 1 lakh to drivers to switch to CNG

Firstpost  

Taxi hailing app Ola said it will offer benefits worth up to Rs 1 lakh to enable its driver partners to switch to CNG vehicles. As part of ‘Ola Green Pragati Week’ from August 26 to September 1, Ola will bring together driver-partners as well as financing and car & manufacturer partners under one roof, it said in a statement. …

Ola Cabs to go app-only from next month; says 99 percent bookings come via app
9 years, 8 months ago

Ola Cabs to go app-only from next month; says 99 percent bookings come via app

Firstpost  

After Myntra, taxi aggregator Ola will go mobile-app only across its 100 cities of operations from the next month. “From just about 20 per cent of booking requests on the app at launch, Ola receives as much as 99 per cent of its bookings through the app at the current scale,” Ola said in a statement. Ola had launched its …

Taking on Uber: SoftBank-backed Olacabs may buy out TaxiForSure for $200 mn
10 years, 2 months ago

Taking on Uber: SoftBank-backed Olacabs may buy out TaxiForSure for $200 mn

Firstpost  

Apart from taking on the $40 billion Uber, the move is also aimed at lowering the cost Taxi aggregators are readying themselves to take on the global giant Uber, once the regulatory issues are cleared in India. Though, none of the Indian taxi aggregator companies have started making profit yet, TaxiForSure, run by Bangalore-based Senrendipity Infolabs, seems to be in …

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