If the alliance works out as planned, it will give a big boost to Mahindra, as it has been struggling with its only car model Verito, managing to sell around 200 units a month
Ola accuses Uber of violating local laws, run business for profit.
'Our objective is to reach a localisation rate of 50% in the span of five years.'
The NCMC facilitates convenient travel while integrating last-mile connectivity, a must in India's extensive landscape. It enables travellers to pay for a cross-section of needs, including toll tax, retail shopping, and withdrawing money.
100,000 cabs and 45,000 autorickshaws would be plying on the Delhi-NCR routes to handle the rush.
Ride-hailing services are also lobbying the government for the recognition of a new category for motorcycle-shared services, where the owner should not have to take a commercial licence. Pooled services is another area where taxi aggregators are hoping to make the government listen to them.
Both are focused on the overall transportation business, in which taxi services are only a part; the extended ambit includes autos, motorbikes, cycles, electric vehicles, water transport as well as food delivery services, says Surajeet Das Gupta.
'People will say a lot of things -- ignore the noise.'
As fuel prices continue its northward march with petrol and diesel being sold at Rs 80.73 and Rs 72.83 per litre in the national capital, at least 21 opposition parties, led by the Congress have staged a Bharat Bandh protesting the rise in fuel prices and depreciation of the rupee.
Heavy rains lashed Mumbai and its suburbs on Wednesday, causing flooding on roads and rail tracks and disrupting suburban train services as the south-west monsoon arrived in the city with a bang, while the India Meteorological Department (IMD) issued an alert for more downpour.
The opposition has been critical of the Centre's handling of the situation, accusing it of not doing enough to ease the hardships of the migrant workers, many of whom have lost their jobs during the lockdown which started on March 25.
Though startups find 17 mentions in the Budget speech of the finance minister, and have been promised tax exemptions, the reality is that only 2 per cent of the 4,648 applications received from startups for income tax exemption had been approved as of February 2019, according to an answer to a Parliament question. As India's startup space bubbles with activity - new, young players are tapping into opportunities opening up - there are local anti-portfolio stories circulating about investors missing opportunities in 'unicorns', or companies that have reached valuation of $ 1 billion, says Vandana Gombar.
Ashish Narsale/Rediff.com offers a quick checklist of the best of CES's Auto World. The future is here, you will witness self driven cars to flying cars controlled by AI. We bring you the highlight of the CES auto world.
To curb pollution, the Mysuru corporation has launched a bicycle-sharing initiative, reports Apurva Venkat.
Ola Cabs, which started out in 2010, has raised over $1 billion of funds.
Amit Jain tells Shyamal Majumdar about his dream to make Uber the 'safest place in the city'
Despite its many problems, A Death in the Gunj is an important work says Sreehari Nair.
