Ola
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Delhi court summons Ola, Uber over fares violation
July 31, 2017 19:33 ISTThe complainant, an NGO, has sought recovery of a whopping Rs 91,000 crore from cab service providers for allegedly not adhering to rules relating to fares and not operating by metres
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Ola in talks for $400 m funding from Tencent to counter Uber
July 27, 2017 13:13 ISTThe funding will not only strengthen Ola in its fight against rival Uber but also take its valuation over $4 billion
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Delhi court to pass order on July 29 in plea against Ola, Uber
July 26, 2017 16:15 ISTA Delhi court today reserved its order on a plea seeking prosecution of app-based cab service providers, including Ola and Uber, for allegedly not adhering to rules to raise fares.
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SoftBank writes off $1bn funding in Snapdeal over Rs 9K cr loss in Indian investments
May 10, 2017 16:57 ISTThe Japanese firm has multi-billion investments in Indian firms, including Ola, Snapdeal and Elara Technologies, which owns PropTiger, Housing and Makaan.com
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Ola ties up with Airtel to offer integrated digital payment services
May 09, 2017 11:09 ISTAirtel and Ola announced a strategic partnership on Monday, to establish an environment to address country’s budding communication and mobility requirements. Numerous digital services will be served to their customers.
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Ola raises Rs 670 cr from Ratan Tata-backed fund, others
May 04, 2017 12:31 ISTWhile Ola has been successful in raising a sizable amount of funds, it continues to bleed on account of heavy advertising and promotional expenses and high employee cost.
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Ride over the cash crunch: Ola launches post paid service for users
November 16, 2016 20:21 ISTIn what may turn out to be a breather for people scrambling for cash for everyday needs including travel, popular Indian cab aggregator Ola Cabs on Wednesday rolled out a new service called “Ola Credit”
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Japan’s SoftBank writes down Rs 3,700 crore investments in Ola, Snapdeal
November 09, 2016 16:39 ISTJapan's SoftBank Corp has announced Rs 3,700 crore write down on its investments in India including in cab-hailing firm Ola and e-commerce company Snapdeal.
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Another battle in offing? Uber, Ola to fight it out for railway passengers
October 26, 2016 20:32 ISTCab aggregators Uber and Ola have reportedly approached the Railways with the proposal to offer services to railway passengers.
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Japan's Softbank may invest up to Rs. 2,000 crores in Ola
October 25, 2016 11:58 ISTJapan's SoftBank Corp is likely to invest up to Rs. 2,000 crores in Ola, a funding that will help India's largest taxi-hailing service compete with US- based rival Uber. According to sources close to the
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Now, book Ola and Uber cabs directly from Google search on your smartphone
October 19, 2016 13:39 ISTInternet giant Google on Wednesday announced that the smartphone users in India can now can book Ola or Uber cabs directly from Google Search. Users can find directions and choose from a menu of ride
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Mahindra joins hands with ride-sharing firm Ola to rev up vehicle sales
September 08, 2016 18:35 ISTIndian auto maker Mahindra & Mahindra Ltd today entered into an agreement with app-based cab aggregator Ola. The strategic partnership is expected to rake in $400 million (Rs. 2,655 crore) in revenue over the next
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Ola fires 250 employees for poor-performance
September 03, 2016 23:58 ISTAt least 250 executives were sacked by the Bengaluru based private cab aggregator Ola last month over non performance issues, an official said today. The official also said the company will hire over 300 employees
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Kolkata horror: Two Ola drivers rape and kill minor, throw her into canal
India | September 01, 2016 10:01 ISTIn a gut-wrenching incident, a 12 year old girl was gangraped and killed, allegedly by two OLA drivers in Kolkata on Tuesday night. The incident took place on the newly-opened Ma flyover in Park Circus.
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Delhi HC clamps down on Ola, Uber; sets August 22 deadline for complying with govt-fixed fares
August 11, 2016 20:42 ISTThe Delhi High Court on Thursday came down heavily on app-based cab service providers like Ola and Uber, setting August 22 as the deadline to comply with the government-fixed rates. The move will put
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Ola battles it out with Uber on online turf over 'nationalism'
July 01, 2016 11:01 ISTNew Delhi: The fight between Taxi aggregators Ola and Uber took an ugly turn with Ola's COO Pranay Jivrajka hitting out at Uber accussing it of fanning the nationalism debate to hide its identity of
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Nikesh Arora, Ghaziabad boy who drew Rs 1,400 cr in 2 yrs before bidding SoftBank goodbye
June 22, 2016 16:54 ISTNew Delhi: The resignation of Nikesh Arora, president and COO of SoftBank, came as a surprise to the entire world. Arora, who was just cleared of allegations of irregularities by the company’s board a day
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Ola introduces 'Ola Operator' a new platform for its drivers
June 03, 2016 17:14 ISTMumbai: Ola introduced 'Ola Operator', a mobile platform to help its drivers graduate to operators. The company expects that the initiative would double its fleet size from the current 450,000 in the near-term, a company
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India to get substantial portion of Uber's Rs 23,500 cr fund raise
June 02, 2016 17:00 ISTNew Delhi: Uber will invest in India a "substantial portion" of the $3.5-billion (Rs. 23,500 cr approx.) funding raised from Saudi Arabia's sovereign wealth fund, as the US-based firm is looking to overtake local rival
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After Its Cheapest Ride Offer, Ola Now Launches Luxury Rides
May 27, 2016 23:28 ISTOla, which recently launched a riding offer at as low as Rs. 6/km, today introduced luxury service Ola Lux in the city, under which a rider can choose from a slew of luxe cars.
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