Uber’s Amit Singhal asked to resign for not revealing sexual harassment allegations

Amit-Singhal_feUS-based ride-hailing app Uber Technologies Inc’s senior vice president of engineering Amit Singhal has been asked to resign from the company. He reportedly failed to disclose a sexual harassment allegation at his previous organisation Google. Singhal was asked to leave the firm by Uber’s co-founder and chief executive Travis Kalanick, an Uber India executive told […]

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K’taka HC bars protestors from stopping Uber cabs; strike may spread to Mumbai

K'taka HC bars protestors from stopping Uber cabs; strike may spread to MumbaiUS-based Uber Technologies Inc’s India subsidiary Uber India Technologies Pvt. Ltd has obtained a restraining order from the Karnataka High Court that bars protesters, including union leaders and members, from blocking and stopping the company’s cabs. “The Hon’ble Karnataka High Court has issued an injunction restraining unions, their leaders, members and their followers from preventing […]

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Ola raises $330 mn in fresh round led by SoftBank: Report

Untitled-2_feBengaluru-based cab-hailing firm Ola, run by ANI Technologies Pvt. Ltd, has raised $330 million (Rs 2,200 crore) in fresh funding led by existing investor SoftBank Group Corp, a media report said on Monday. Citing sources it did not identify, Business Standard reported that the Japanese tech giant and two other existing investors participated in the […]

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Uber, Ola clock half a billion rides in 2016, says RedSeer

OLA_UBER_JUNAID_FRide-hailing companies Uber and Ola carried out approximately 500 million rides in 2016, according to a report by RedSeer Management Consulting, a Bangalore-based consultancy firm. The number of rides by ANI Technologies Pvt Ltd-backed Ola, and US-based Uber Technologies Inc’s India subsidiary Uber, is up almost 300% from 130 million in 2015. “2016 was a […]

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Uber hires former Tata Sons exec Madhu Kannan to drive India business

UBER007Ride-hailing firm Uber Technologies Inc said on Thursday it has appointed Madhu Kannan as its chief business officer for India and emerging markets with effect from 3 February. Kannan will be responsible for growing Uber’s business in India and new emerging markets in the Asia Pacific region through strategic partnerships and investment opportunities, Uber said […]

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Uber takes on Karnataka govt, says UberPOOL legal

UBER007In the ongoing tussle with the Karnataka state transport department, cab aggregator Uber has defended its ride-sharing service UberPOOL, saying it is legal under the current regulatory framework. On Monday, the state transport department instructed Uber and its rival Ola to halt their ride-sharing services before Friday, terming them illegal. To counter this, US-based Uber […]

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Karnataka government asks Ola, Uber to stop ride-sharing services from Friday

Ola, UberThe Karnataka transport department has instructed cab aggregators Ola and Uber to halt their ride-sharing services Ola Share and UberPOOL before Friday, terming them illegal. Following a two-hour-long meeting on Monday with officials from Ola and Uber as well as driver representatives, state transport commissioner M K Aiyappa said the department explained the legal aspects […]

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With UberEATS, is Uber biting off more than it can chew?

UberEATSOnline food delivery is a tricky space for Indian startups, what with intense competition, wafer-thin margins and a funding drought that shows no signs of a let-up. So it was a bit of a surprise when San Francisco-based Uber, the world’s biggest startup by valuation, announced last week that it will soon launch its global […]

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Ola, Uber set for another policy battle as Karnataka says ride-sharing illegal

For-Ola-Uber-Illegal-Ride-sharing-Story_ThinkstockPhotos-85451628A senior Karnataka government official has termed as illegal the ride-sharing services that Ola and Uber offer to consumers, imposing a fresh regulatory hurdle for the two app-based cab aggregators. State Transport Commissioner MK Aiyappa was quoted as saying in media reports that the government would initiate action against ride sharing services such as Ola […]

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