While only the Indian Institute of Management, Ahmedabad (IIM-A) has voiced its concerns so far, the company says it has done so due to the ongoing restructuring of its business
Online cab network company Ola has launched the 'Road to Gold' campaign under which its customers can contribute a sum of Re.1 per ride across the over 110 cities it operates in, a press release stated.
Nikesh Arora is one of the highest-paid business leaders globally.
It's aimed at new-age sectors like e-commerce and other startups so that they can spend less time in their recruitment processes
Be it for the organisation they work for, or for their own venture, if they believe in an idea, they work relentlessly towards it.
The duo spent almost $400 million in 2018 on rapid expansion as well as discounting to gain new customers, and Uber Eats has managed to edge out Foodpanda by 2 million orders.
Flipkart's appointment of Kalyan Krishnamurthy as CEO and Ola's choice of PepsiCo's Vishal Kaul for COO speaks to the growing trend of bringing in experienced professionals to run business. Karan Choudhury reports.
Terming Rajan as "India's prescient banker," Time said he is among a rare breed of "economic seers".
With the deal closing, SoftBank becomes an investor in two of India's largest on-demand cab service -- Uber and Ola.
With a new campaign that talks about togetherness, Uber challenges Ola's homegrown narrative.
Commuters in Mumbai faced a harrowing time as auto-rickshaws and taxis drivers attached with 'Swabhiman Union' began a day-long strike in the metro city on Monday morning to press for their demands.
Google has partnered with cab operators Ola and Uber, and a user can seamlessly book a cab with just one tap. This service is available in 27 cities across India
Arora was hired in July to run a newly created unit called SoftBank Internet and Media Inc.
'My turnover is in crores. I am not going to sit down with IT officials, explaining where I got the notes from.' 'I would rather wait a few days for business to come back to normal.'
'While we may speculate about personality politics, the reality is that there are more important issues that drive the India-US relationship.'
Following an assurance from the state government that their grievances would be looked into, the strike -- which was to begin on Tuesday -- has been pushed back.
If you have seen Zwigato, Param Kumar's story will sound familiar. Laid off from his job as a repairman at a Gurugram-based water purifier provider, he now delivers groceries and food for a mobile-based delivery app, in Delhi. Kumar, who started making deliveries last August, told Business Standard that he is working longer hours than his older salaried job as an RO repairman, and has no paid leaves or health insurance. Kumar is part of India's estimated 7.7 million-strong force of gig workers.
Ex-AAP strategist Shefali Misra to join Uber as head of public policy
Corporate ministry documents show that the Siva's firm kept taking loans from public sector banks like State Bank of India, Punjab National Bank which gradually turned to bad loans.
With Uber dipping into its generous war chest to subsidise its service, its pampered clientele should sit back and enjoy the ride.
Taxi aggregator Uber has temporarily suspended surge pricing in Delhi-NCR region, following wide criticism for the manifold increase in fares.
Twenty unions of autos and taxis have formed a Joint Action Committee, which has called for the indefinite strike.
Quelling fears of a takeover by Ola, which is also funded by Uber's major investor SoftBank Group, the US-based cab aggregating giant made it clear that the company was not ceding its position in India, one of its core markets.
Uber on Thursday said it is now showing trip destination to drivers before they decide to accept a ride to enable them to make informed choices as the ride-hailing app announced a host of new measures promising to improve platform experience for drivers as well as riders. Upfront destination feature is already live across 20 cities and will be expanded to all others, Uber said in a statement. The move assumes significance as the government recently warned cab aggregators, including Ola and Uber, of strict action unless they improve their systems and redress mounting consumer complaints.
A draft policy will be issued for public consultation in the coming weeks.
Most e-commerce firms with 'Singapore holding structures' would opt out of the new Sebi platform
United States-based cab service provider Uber has landed in another controversy with one of its drivers being accused of molesting a female passenger during a ride to Gurgaon.
The Code on Social Security, 2020 gives a lot of comfort to gig firms which recognise cab drivers or food delivery executives as 'independent contractors' who directly do business with customers with the help of their digitised platforms.
Taxi and autorickshaw drivers under Jai Bhagwan Taxi Rickshaw Sanghatana have announced they would go on indefinite strike from August 29 in Mumbai, Thane and Navi Mumbai.
The government on Monday asked online food business operators like Swiggy and Zomato to submit a proposal within 15 days on improving their consumer grievance redressal mechanism amid rising complaints from customers. The department of consumer affairs directed e-commerce FBOs "to transparently show consumers the breakup of all charges included in the order amount such as delivery charges, packaging charges, taxes, surge pricing etc." According to an official statement, "The Department of Consumer Affairs has directed major e-commerce Food Business Operators (FBOs) to furnish the current framework as well as a proposal on improving the consumer grievance redressal mechanism within 15 days."
Vogo, which has a fleet of over 12,000 vehicles mainly across Hyderabad, Mysuru and Bengaluru, is also betting big on India's growing traffic congestion.
Mahindra launches e-mobility platform 'Glyd' to take on Ola, Uber. Targeted at office-going executives, it offers web-conferencing, curated entertainment and music content from selective partners.
State transport commissioner Shyam Wardhane has issued directives allowing private cars, buses and other vehicles to operate as "public transport" on Monday
Takes on UberEats, Swiggy; experts question cash burn.
There is a new energy in 2015 and a new breed of young, ambitious innovators and entrepreneurs who are coming up with creative solutions to many of India's problems, says Mallika Kapur.
Poor governance and mediocre short-sighted politics are destroying the paradise that Goa was as its environment, water table, culture and way of life is drastically threatened by tourism and migration, points out Ramesh Menon.
Leaders need to be ready to adapt to technological changes as quickly as possible, while they build the tech capabilities, Nadella said.
In India, it is fighting a pitched battle against Ola.
The Tata Sons' chairman emeritus has been aggressively investing in start-ups, ranging from e-commerce firms to cab aggregators
One of the key concerns for non-users of voice assistants is trust.
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