India turns talent backyard for Southeast Asian taxi apps to fight Uber.
Ola accuses Uber of violating local laws, run business for profit.
Over 50,000 licenced drivers will now be assured that they can continue to provide mobility services in London. Drivers can initiate their registration on the Ola app.
Uber will provide mentorship for start-ups on matters such as funding, marketing, operations and scalability.
The taxi-hailing company said it will challenge the decision, which shows the world that "far from being open, London is closed to innovative companies".
Despite Uber facing a ban across many states, including Karnataka and Maharashtra, for Lingaraju, a driver employed by the company in Bengaluru, it is business as usual.
US taxi-hailing firm raises the money from Saudi Public Investment Fund to support global expansion.
The Ola Money and Uber tie-ups demonstrate how insurance companies, including even government-run ones, are forging partnerships with every possible service company to offer products.
Uber may be in the midst of a major controversy over a rape incident in India, but Infosys' CEO Vishal Sikka feels that digital services like this app-based taxi provider have huge potential in the country.
The company is a facilitator of taxis (therefore an intermediary) and is best governed under the IT Act said Neeraj Singhal, Uber's head of expansion in India.
Uber would look to expand the service to six Indian cities
Uber says it is engaging with state govt to explain why its business model encourages savings for customers.
The whole point about this is not who eventually wins or loses but how, in just a few years, technology has so changed our lives, says Subir Roy.
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.
The past few weeks have been rough for both Ola and Uber companies, dodging fire from almost all corners.
Using Microsoft's Cognitive Services, the selfie is compared to the one corresponding with the account on file. If the two photos do not match, the account is temporarily blocked while Uber looks into the matter.
Uber and Ola continued to operate in New Delhi while their licence applications were pending approval.
Under the new rules, Karnataka has mandated ride hailing start-ups to provide digital printers, install panic buttons and have taxi signage on their vehicles.
The Competition Appellate Tribunal (Compat) had on December 7 last year ordered fair trade watchdog CCI to probe afresh the alleged abuse of dominance by the popular tax-hailing app operator.
Uber is facing sharp criticism from fellow taxi providers for not following strict security norms leading to the rape of a passenger in New Delhi.
Silicon Valley-based billionaire and prominent venture capitalist Vinod Khosla on Friday condemned government's decision to ban internet-based taxi aggregator Uber following the alleged rape incident in Delhi recently.
Automobile makers in India are embracing taxi-hailing apps such as Uber and Ola, hoping to ride on their expansion to sell more cars, a contrarian view to companies in Western markets that fear a drop in car sales due to them
The key driver of this expansion will be not car-hailing but bike-taxi service. The company is willing to partner local players that have a similar offer and would like to come on their platform.
The development comes close on the heels of Uber planning to invest substantial part of $3.5 bn Saudi money in India.
Ola and Uber have committed to spending Rs 15,000 cr to win the taxi market.
US-based ride hailing firm accuses rival of making false bookings on its platform, drags it to Delhi High Court.
India had ordered all unregistered web-based taxi cos to halt operations
Just a few weeks ago, the Centre has come out with the long-awaited Motor Vehicle Aggregator Guidelines, which have drawn a dismayed response from the companies concerned.
Uber, the United States-based cab service against which a first information report was registered by the police had around 4,000 drivers working for it in Delhi but the company had no idea whether any of them were verified by cops or had a Public Transport Vehicle (PSV) badge which is mandatory to drive any public transport vehicle in the city.
JD(S) will help them build a competing app, which, will work on a cooperative model, where drivers will own the app and will decide prices which the customers will have to pay
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Ola competes with Uber Technologies in India.
The proposed Road Transport & Safety Bill, expected to soon be cleared by the government, has for the first time incorporated clauses to bring companies such as like Uber, termed "aggregators", under the ambit of regulation.
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.
Amit Singhal had joined Uber in January as senior vice president of engineering after working for 15 years at Google, where he oversaw the internet giant's search efforts.
In a major decision, Delhi government on Wednesday rejected fresh applications for licence by US-based taxi booking firm Uber and two other such service providers -- Ola and TaxiForSure.
Delhi Chief Minister Arvind Kejriwal says surge pricing is daylight robbery and no responsible govt can allow that.
Ambee, an Ambulance-hailing app, is set for commercial rollout. Sharath Chowdary profiles the Uber-backed firm that aims to bring online 50% of ambulances across 60 Indian cities over 5 years.
Home-grown taxi booking companies which have a business model similar to Uber's might have stricter security norms imposed on them.
The new Ola app will allow fleet owners to track their cars in real-time, view the performance of their drivers, and even their daily earnings
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