Massive crowds thronged liquor stores, more vehicles plied on roads and cab-hailing platforms resumed services as India entered the third phase of the lockdown on Monday with further easing of curbs except in containment zones in the shadow of the highest rate of recovery yet from coronavirus.
Cab aggregator Ola is laying off 1,400 staff from rides, financial services and food business as revenues declined by 95 per cent in the last two months due to coronavirus pandemic, a note by CEO Bhavish Aggarwal said. In an email to employees, Aggarwal made it clear that the prognosis ahead for the business is "very unclear and uncertain" and the impact of this crisis is "definitely going to be long-drawn for us".
The teenager's simple idea to solve a problem has been developed into an app which launched July 18 in Mumbai.
Currently the average expected time of arrival for Ola vehicles is five minutes.
After a recent spate of big-bang funding of food discovery and delivery apps, experts believe the sector's consolidation might be over and the remaining players are here to stay and thrive.
From mass layoffs to acquisitions, here's how the Indian start-up industry kept us on our toes.
A total of Rs 396 crore has been mopped up, as on August 20 against Rs 407 crore collected in the same period last year. This was despite the expansion of the levy to online e-commerce players from this financial year.
Rakul Preet Singh shares some important life lessons in an interview with FHM.
The move is prompted by the disruption in the car usage pattern caused by the app-based ride-hailing companies such Ola and Uber
The report however noted that the migration of super rich from China and India is not a "concern".
It is the end of the road for diesel taxis including those run by aggregators like Ola and Uber in Delhi and National Capital Region.
Unlike regular cab service providers, taxi aggregators like Uber and Ola are making it easy for the students to juggle work and studies.
Indian farmers practise an agro-silvo-pastoral system and that livestock is a crucial part of their economy. Taking away the meat would demonetise their assets. It would kill their income, says Sunita Narain.
The Australian government had announced that anyone arriving in the country from overseas will be forced to self-isolate for 14 days starting Sunday midnight (March 15) in a bid to contain the spread of the novel coronavirus. However, a lot of citizens are confused regarding the working of the precaution.
India's badminton doubles specialist N Sikki Reddy on Saturday heaved a sigh of relief after returning negative for COVID-19 barely two days after testing positive for the contagious disease, saying she was "shocked" by the not-so-kind reactions her initial result attracted.
His investment in Paytm is in his personal capacity.
'Do not get into the calculations that you see on television...Oh if you are looking at $5 trillion economy, the country will have to grow at 12 per cent, today it is growing at 6-7 per cent'
IPO-bound mobility platform Ola, said it has successfully raised $500 million via a Term Loan B (TLB) from marquee international institutional investors. This term loan has no impact on the valuation of Bhavish Aggarwal-led Ola. The Bengaluru-based firm recently raised $139 million. This is part of a $1 billion funding round for which the company is in talks with investors, increasing its valuation to about $7.5 billion, according to the sources.
It's high time we now turn the popular question on its head -- when there is no growth in jobs for several years, how can the real GDP grow at 7 per cent per annum, says Mahesh Vyas.
This comes at a time when Ola is looking to replicate nationally the success of its auto-rickshaw offering in Chennai and Bengaluru.
Entirely new businesses have been built using data to disrupt traditional companies.
South Africa's batting coach Dale Benkenstein credited AB de Villiers for changing the momentum as South Africa put up 286, after tottering at 12 for 3, on the opening day of the first Test against India, in Cape Town, on Friday.
National camp to resume on Monday.
Apple Inc may have the best to offer in the near term.
The logic of deregulation was that the consumer was protected no matter what the price of crude. But now the reverse has happened. The government is protected no matter what the price of crude, observes Aakar Patel.
Sakshi further said that the coronavirus-imposed lockdown has not changed much of their routine and her daughter, Ziva, has kept them occupied.
The Hyderabad Open badminton tournament, scheduled to be held from August 11 to 16, was on Thursday cancelled by the world body BWF in view of the coronavirus pandemic. The event was part of the BWF's revised calendar to restart the sport after the pandemic-forced cancellations since March.
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.
These exist in a unique world of by-invitation-only properties -- those that are never advertised and which money alone cannot buy. One cannot simply walk in for a tour of these apartments. A buyer must first meet the developer's targeted social criteria to get invited for a walkthrough of the property.
The poor can't withdraw their money from their bank account and other Indians live in constant fear of their money getting stolen by unscrupulous hackers, says Syed Firdaus Ashraf.
A two-time bronze medallist at the World Championships, Sindhu has risen rapidly up the rankings since becoming the first Indian woman to win an Olympic silver medal, at the Rio Games last year.
Shuttler N Sikki Reddy and physiotherapist Kiran C have tested positive for COVID-19 at the ongoing national camp, forcing the closure of the Pullela Gopichand Badminton Academy in Hyderabad for sanitisation.
Saina Nehwal produced one of her finest performances in recent times to guide Indian women's team to a comfortable victory over Thailand and catapult the hosts to the top of Group Y in the Uber Cup badminton tournament in New Delhi.
Rahul Tewatia was always destined to achieve stardom in the Indian Premier League because of his swashbuckling batting, says his childhood coach Vijay Yadav, after watching his ward's exploits for Rajasthan Royas, in the IPL match against Kings XI Punjab, in Sharjah, on Sunday.
Gupta, 56, was a Rajya Sabha member and was minister for steel in the United Progressive Alliance government.
P Kashyap insisted that he too has an outside chance of qualifying for the Tokyo Games but he has no way to pursue it as he can't train at the camp.
They won the men's and women's singles titles respectively in the National Badminton Championships.
Meru Cabs is in talks with Chinese e-commerce giant Alibaba.
National badminton coach Pullela Gopichand remained tightlipped about his split with Saina Nehwal, saying he doesn't want to talk about the issue as the Asian Games is just round the corner.
India's top shuttler Saina Nehwal has split with National coach Pullela Gopichand and sought the help of former chief coach Vimal Kumar to prepare for the prestigious Asian Games in Incheon, South Korea.
