The suspension was lifted after the executives of Ola Cabs had a detailed discussion with state chief secretary.
Ride-hailing company Ola Mobility CEO Hemant Bakshi has resigned from the company within four months of joining it, according to sources privy to the development. Sources also said that the company is planning to lay off 10-15 per cent employees.
The court emphasised that all parties must comply with Section 16 of the POSH Act, ensuring confidentiality of the identities involved.
Ahead of the likely acquisition of online taxi aggregator TaxiForSure by larger competitor Ola Cabs, technology teams of the two Bengaluru-based companies are learnt to be evaluating ways in which the two platforms can be integrated, sources said.
The police have detained seven persons on charges of rioting following the incident.
Yes Bank and Ola launched a mobile ATM service where customers of any bank can withdraw up to Rs 2,000 per card from PoS terminals
There are about 600,000 taxis in India, generating combined annual revenue of about Rs 11,000 crore (Rs 110 billion).
Ola Cabs acquires TaxiForSure in $200-mn deal.
According to company executives, the situation might worsen in the coming days.
Ola Electric on Thursday said its automobile business turned profitable in the quarter ended September 2025 with pre-tax earnings growing by 0.3 per cent against a contraction of 5.3 per cent in the preceding three months.
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After stepping out of the cab near South East Delhi's C R Park area, she informed the police about the incident at around 10 pm, the police said.
Ola Electric could gain market share in the near term with relatively less disruption expected due to rare earth magnets shortage, according to a report by Goldman Sachs. The company has successfully developed heavy rare earths (HRE) free motors which are scheduled for production deployment in Q3 FY26.
The union alleges financial hardship due to the state government's authorization of panic button device providers.
The development comes amid Japan's SoftBank booking an investment loss of 39.28 billion yen (USD 350 million) on its investments in India, including those in Ola and e-commerce company Snapdeal.
Ola Electric Mobility Ltd on Friday said ministries of heavy industries, and road transport and highways have sought information from the company over gap in vehicle registrations as per the Vahan portal and sales as per the firm's regulatory filing. Besides, the ministries have also sought clarification on reports "regarding non-compliance to the requirement of trade certificates", Ola Electric Mobility said in a regulatory filing.
Ola Electric is conducting an restructuring exercise which is expected to affect over 500 employees across various roles within the organisation, according to sources. This would be over 12 per cent of staff at the firm which has about 4,000 people. "This is a restructuring exercise ongoing for the last few months and is expected to conclude by next month," said a person familiar with the development.
There's a hint of new competition riding into a sector that has attracted attention for being in a duopoly-like situation. Rapido, a commute app known for its budget-friendly bike-taxi services, on Tuesday announced its entry into the cab market, which is currently dominated by marquee brands Uber and Ola. Rapido's cab foray will be enabled by a software as a service (SaaS)-based platform.
With India's gig economy projected to double in size, reaching over 10 million workers in the coming years, Ola Electric unveiled its new line of budget-friendly e-scooters, starting at under Rs 40,000. The market responded positively, with Ola Electric's stock rising by 5.67 per cent, closing at Rs 73.47 on the BSE.
Two of the three strikes are related to the gig economy, a centrepiece of the new labour Codes.
Calling the decision a win for the people of Karnataka, a Rapido spokesperson said it was not just a legal victory but a milestone moment for urban mobility in the state.
GSM, which is potentially eyeing a Hong Kong listing and was recently valued at $20 billion, operates on a distinct model -- it owns the e-taxis and employs the drivers, while also supplying cars to independent drivers or fleet operators.
Consumer Affairs Minister Pralhad Joshi said on Thursday that the Consumer Protection Authority (CCPA) has issued notices to cab aggregators Ola and Uber for alleged differential pricing for identical rides based on the user's mobile operating system -- Android or iOS.
The move follows after a warning by Chief Minister Arvind Kejriwal, who on Monday assured strict action, including impounding of cabs, if the app-based taxis were found charging more than the prescribed rates.
Why has the shift from ICE to electric slowed down despite initial enthusiasm?
Ola Electric share price strategy: The meteoric rise of Ola Electric share price has left analysts and investors bewildered. Yet, they suggest investors hold on to the stock as it remains a pure "momentum" play. Since its listing on August 9, the stock has surged 92 per cent (till August 19) over its issue price of Rs 76, taking its market capitalisation to a little over Rs 63,000 crore.
Ola Credit will give customers 7 days of credit so they can keep booking Ola cabs without worrying about having sufficient cash
The tourist, identified as Janvi, an assistant professor, posted a three-minute video on her social media account detailing how she was allegedly harassed by local taxi drivers when she tried to travel by an online cab.
Cab-hailing service Ola is on the fast track on the back of a $500 million funding.
A major gas pipeline damage has disrupted CNG supply in Mumbai, leading to long queues at refuelling stations and affecting autorickshaws, taxis, and other CNG-run vehicles. The disruption is expected to impact transport availability throughout the day.
Meru Cabs' founder says they were a traditional company.
None of the top five start-ups launched by IITians - Flipkart, Zomato, Ola Cabs, Housing.com and Inmobi - were incubated at IITs
The Softbank-backed company has set a price band of Rs 72 to Rs 76 per share for the maiden share sale and is expected to test the appetite for new-age loss-making companies.
Anupam Mittal, the fund man behind OlaCabs has lined up more investments.
About 1,000 such cabs have been registered on the company's platform so far
Based on her complaint via email to Bengaluru police, the driver has been arrested and a case registered.
The road transport ministry has allowed cab aggregators to charge up to two times the base fare during peak hours, as against 1.5 times earlier, while for non-peak hours the fare has to be a minimum of 50 per cent of the base fare.
Ola Cabs, which started out in 2010, has raised over $1 billion of funds.
Delhi-based electric vehicle (EV) ride-hailing firm Evera Cabs, which grabbed headlines after acquiring 500 cars from the now-defunct cab service BluSmart, is stepping up its presence in the EV cab segment. The company is aiming for revenue of Rs 100 crore in the ongoing financial year (2025-26), up from Rs 18 crore in 2024-25.
The ban on app-based taxi services will continue and vehicles violating it will be seized, the city government on Tuesday submitted in the Delhi High Court in New Delhi while Uber India Systems Pvt Ltd withdrew its plea against the December order stopping its operations.
Once the user selects a service, they will be directed to the Uber or Ola app to request the ride with one tap.
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