Delhi high court on Wednesday asked the city government why websites of app-based cabs cannot be blocked on a PIL alleging that these taxi services were operating despite the government banning them.
Hari Narayanan shares his experience of travelling by an Uber auto to Coimbatore airport.
The number of ultra-high networth individuals (UHNIs) having an investible surplus of over Rs 25 crore (Rs 250 million) rose 16 per cent to 1.17 lakh last fiscal, and this is estimated to triple to 3.43 lakh in the next three years.
Moody's Investors Service on Monday said it has assigned a first-time B3 corporate family rating (CFR) to ANI Technologies, which operates ride hailing service Ola. Moody's CFRs are opinions of a corporate family's ability to honour all of its financial obligations. It has also assigned a B3 rating to the company's proposed senior secured term loan.
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.
The Sikh taxi driver was assaulted by an unidentified man, who knocked off his turban and also used expletives against him.
India Inc is facing threat from non-traditional sources.
After GM's India exit, Ford-Mahindra 'strategic alliance' under spotlight.
Industry watchers say while it's completely possible for a firm like SoftBank to step in and take control of Ola, it's usually one of the least favoured options.
'Ola in India makes money on every ride. Our focus over the past couple of years has been to keep growing the market and our share in the market and build up on sustainable business,' says co-founder and CEO Bhavish Aggarwal.
In-form PV Sindhu and Kidambi Srikanth will look to break new grounds as they spearhead India's charge for an elusive gold at the 18th Asian Games badminton event which begins with the team competitions, in Jakarta, on Sunday.
Researches reveal that many firms that employ H-1B workers directly, including some of the biggest names in the technology industry such as Amazon, Google, Microsoft, Apple, Qualcomm, Salesforce and Uber, pay a large share of their H-1B workers at one of the two lowest wage levels, Level 1 or Level 2.
For India startups, pulling in the reins now may enable them to live longer - even if it means shedding their unicorn status, says Una Galani.
Swiggy had in June entered the elite Unicorn club after raising $210 million from a group of investors
Ola did not disclose financial details of the investment.
Swiggy is shoring up capital to defend its position as India's largest food-ordering app as rivals Zomato and FoodPanda focus on growth after receiving funds
P V Sindhu and Lakshya Sen sailed into the second round but it was curtains for Saina Nehwal and Kidambi Srikanth on a mixed day for India at the French Open Super 750 badminton tournament in Paris on Wednesday.
Sachin and Sara Pilot will be on Simi Garewal's show.
Indeed has seen an increase in listings for drivers, food delivery runners, and other service providers.
New Delhi to push for services trade facilitation & food stockpiling.
There is an overwhelming sentiment among techies and entrepreneurs from the Silicon Valley who are eager to welcome Modi over the weekend.
Ola said it will not charge commission from drivers for the first two months after the launch, allowing them to retain 100 per cent of their earnings from the platform.
Ola was supposed to expand to the Netherlands, Kenya, Dubai, Israel, and Brazil.
Key events that rocked India Inc in 2014 and one of them is Vishal Sikka taking over reins at Infosys.
The Badminton World Federation (BWF) announced a new 2020 tournaments calendar on Friday with the World Tour set to return with the Taipei Open from Sept. 1-6.
Hyundai, which is also toeing Maruti's lines, said special schemes are offered to engage the cab aggregators, including annual-maintenance-contract packages and extended warranty.
Rediff readers share their experience about taxis and autorickshaws in India.
Indian businesses' weak ability to compete overseas says much about the infirmities imposed by the intensity of government dominance of economic policy and the nature of this dominance, observes Kanika Datta.
Janhvi, who is known for her straight long hair, sported a short bob on Cosmopolitan's cover.
Though fundraisings for startups still rank amongst the biggest deals struck this year, the average ticket size has fallen sharply, says Una Galani.
Veterans in the travel industry, a well-known corporate lawyer, and a marquee US-based hedge fund have backed the upcoming low-cost airline Akasa Air. Founded by former Jet Airways chief executive officer (CEO) Vinay Dube, the venture counts ace stock trader and investor Rakesh Jhunjhunwala as its biggest financial backer with an investment of around Rs 300 crore. A person with knowledge of the development said most of the people were well known to Jhunjhunwala and Dube, who approached them during the conception stage.
Takes on UberEats, Swiggy; experts question cash burn.
India has 160 million smartphone users.
'The digital trust level has drastically gone up due to Covid, not only in tier-I and II cities, but also in tier-III, IV and V geographies,'
The best dressed men from the GQ Best Dressed red carpet.
Uber said it is conducting a full audit of its verification, rider feedback and support processes apart from assessing its driver screening processes, Ola is getting GPS installed in all its partner taxis.
The solution works on the pricing and scheduling algorithms that define key parameters necessary for most efficiently matching the supply and demand of freight and trucks.
The BJP ignored the principle of the Cabinet's joint responsibility and the adage of the buck stopping at the top, observes Amulya Ganguli.
