'It has taken us 15 years to get to where we are. It obviously doesn't happen overnight.'
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.
The rape of a 27-year-old woman executive allegedly by a cab driver has shaken those who prefer cab-booking services like Uber, which charge premium rates on the promise of better services.
There are many things that Uber could and should have done when it started operating in Delhi, a city which is unfriendly to women -- but did not. It should have been able to more carefully track taxis that go off GPS, as happened in this case.
Even as the semiconductor shortage has limited the demand for new cars, the pre-owned car segment is seeing a surge. A preference for personal mobility, availability of multiple organised online platforms, including e-commerce channels, aggregators, and classifieds, have been fuelling growth. The growth rate of the pre-owned car market is expected to be 1.5x that of the new car market over the next five years.
Hari Narayanan shares his experience of travelling by an Uber auto to Coimbatore airport.
Shameem Akthar, yoga acharya trained with the Sivananda Yoga Vedanta Center, will show you four poses that will help you reach new levels of flexibility.
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.
Ola was supposed to expand to the Netherlands, Kenya, Dubai, Israel, and Brazil.
'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,'
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.
Rediff readers share their experience about taxis and autorickshaws in India.
Paytm's Rs 18,300 crore IPO was oversubscribed 1.89 times on the last day of India's biggest share sale on Wednesday, making it one of the country's most valued companies. The initial public offering of Paytm's parent company One97 Communications Ltd received bids for 9.14 crore equity shares against the offer size of 4.83 crore shares, according to information available from stock exchanges. While the portion set aside for retail investors was oversubscribed early, institutional buyers including FIIs flooded the share sale with offers on Wednesday, seeking 2.79 times the number of shares reserved for them.
A grouping of Indian and Indian-origin professionals working with tech giants like Google, Uber, Amazon and Facebook have written an open letter against the new religion-based citizenship law and the planned national register of citizens, terming them as "fascist". The letter by 'TechAgainstFascism' on online publishing platform Medium also urged the leaders to refuse to shut off the Internet at the "government's whim" and to ensure that content moderation is not skewing pro-government.
Uber India has readied itself for another $500 million (Rs 3,300 crore) investment in the next three months.
Paytm recently partnered with 1,000 educational institutions over admission fee payment through the app.
Tara Sutaria and Ananya Panday up the glam quotient of Hello! mag.
As many as 81 per cent people support having rules for consumer e-commerce, but want more services-based platforms to have more clearly defined roles, a survey by community social media platform LocalCircles has found. The survey asked respondents to answer questions based on the recent draft Rules proposed by the ministry of consumer affairs. The responses found 81 per cent consumers wanting sales of products and services over electronic or digital networks to be governed by a set of electronic commerce rules.
BigBasket co-founder Abhinay Choudhari has exited the company, and in his next entrepreneurial journey, he is looking to "solve another equally painful chore for many Indian households" after grocery shopping. The Tata group acquired a majority stake in the online grocery store in May. And when the deal happened, Choudhari decided he won't continue to be part of the management team.
An industry source said the funding was part of an overall $500 million the company is planning to raise, which will value Ola at around $5 billion.
Due to unavoidable circumstances, Kishore Singh is forced to become an Uber convert.
Is your wardrobe summer-ready yet?
Over the past week, several unusual partnerships among start-ups, traditional businesses and hospitals have been announced, and several more are likely to materialise soon. The trend could see increased importance of gig workers, who are taking considerable risk to deliver goods to people in the time of a pandemic.
Look at the sunglasses our IPL stars are wearing in the desert.
'What India needs isn't propaganda, manipulated news cycles & foolish theories about millennials, but a concrete plan to #FixTheEconomy that we can all get behind,' Gandhi said in a tweet.
Most Indian start-ups and e-commerce are largely funded by foreign investors
'You taught me everything I needed to learn slowly and surely.'
More companies with unconventional business models to get into messy legal hassles in India.
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 most sought-after megastars of the current generation are primed to show their might against a bunch of enigmatic cricketers as India and Pakistan engage in an ICC T20 World Cup face-off, something that transcends the 22-yard strip.
Former India badminton coach Vimal Kumar on Tuesday blamed the withdrawals by Asian nations for the postponement of the Thomas and Uber Cup Final, calling it a "big setback" for the sport.
Giovanni Bartocci stood outside Billie Jean King National Tennis Center on Saturday shouting encouragement - and eventually employing a microphone and loudspeaker - as the Italian dismantled opponent Casper Ruud in straight sets on Court 17.
The Tokyo Games, originally scheduled to start in July this year, have been postponed to July 23-August 8, 2021 due to the COVID-19 pandemic and will be followed by the Paralympic Games which will run from August 24-September 5.
Twenty unions of autos and taxis have formed a Joint Action Committee, which has called for the indefinite strike.
A week after a young executive was allegedly raped by Uber cab driver Shiv Kumar Yadav in New Delhi, Nidhi Shah, who lives in the United States has come forward, saying she had filed a complaint with the cab company against the same driver.
After a month long gap, the primary market is heading for a busy time, with five firms including Paytm parent One97 Communications and policybazaar parent PB Fintech have lined up their IPOs in the first half of November to raise over Rs 27,000 crore collectively. The other three firms whose initial share-sales are set to open are Sapphire Foods India, which operates KFC and Pizza Hut outlets, decorative aesthetics supplier SJS Enterprises and microcrystalline cellulose manufacturer Sigachi Industries. The IPOs of FSN E-Commerce Ventures Ltd, which runs online marketplace for beauty and wellness products Nykaa, and Fino Payments Bank are currently open for public subscription.
Swiggy had in June entered the elite Unicorn club after raising $210 million from a group of investors
Wayward employee behaviour at Uber and Infosys highlights the risk to corporate reputations.