Comment by SoftBank board member sets off talk of Ola-Uber merger.
The Indian arm is the second largest unit for the company, crosses 500 mn trips milestone
An Indian-origin Uber driver has allegedly raped a 25-year-old in Canada, prompting police to seek public's help in tracing him.
Uber says it is engaging with state govt to explain why its business model encourages savings for customers.
The ban on app-based taxi services will continue and vehicles violating it will be seized, the city government on Tuesday submitted in the Delhi High Court in New Delhi while Uber India Systems Pvt Ltd withdrew its plea against the December order stopping its operations.
The development comes close on the heels of Uber planning to invest substantial part of $3.5 bn Saudi money in India.
Taxi aggregator Uber has temporarily suspended surge pricing in Delhi-NCR region, following wide criticism for the manifold increase in fares.
GST impact: Higher lease payouts may hit airlines, cab aggregators.
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
US-based ride hailing firm accuses rival of making false bookings on its platform, drags it to Delhi High Court.
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.
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.
The high court also told app-based taxi service provider, Ola cabs that it was inclined to allow only CNG-based cabs to provide point to point service in the national capital.
Ola's cash reserves are starting to run dry. The company was in talks to raise $1 billion in funding by the end of July, but no announcement has been made as yet
Uber valued at $53 billion, is looking at more than 50 per cent market share in India by the first quarter of 2016.
'As they grow bigger, the trail of their pioneering success often leaves behind a causticity marked by deficient human resource practices, negligible focus on corporate governance and rife sexism.'
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