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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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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Flashback 2016: Year of wobbly ride for Ola

OlaHomegrown cab-hailing firm Ola was in the news for more wrong reasons than right in 2016, from drying coffers and falling valuations to rumours of a down round and a nasty war of words with arch rival Uber Technologies Inc. Although funding woes and falling valuations were widespread across startups, the taxi-hailing company got a […]

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Uber ramps up hiring in India to gain edge in battle with Ola

OLA_UBERUber Technologies Inc. is rapidly increasing its headcount in India, as the US cab-hailing firm shifts its focus to the South Asian nation after exiting China. The number of employees has grown almost eight times over the past year, from 80 to more than 600 now, Pradeep Desu, head of recruitment at Uber India, told […]

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Ola shuts TaxiForSure unit, lays off up to 1,000 people

OlaCab-hailing company Ola has shut its TaxiForSure unit and is laying off as many as 1,000 employees, people with direct knowledge of the development told TechCircle, as the SoftBank Group Corp-backed firm tightens its belt to take on US-based rival Uber. About 90% of the staff being laid off from TaxiForSure works in operations such […]

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What UberChina’s merger with Didi Chuxing means for India

Uber23Uber Technologies Inc.’s decision to exit China after selling its local ride-hailing business to rival Didi Chuxing will make life easier for the two companies but it makes things a bit complicated for India’s largest cab aggregator—Ola. For, San Francisco-based Uber will have now have greater room to invest in India where Ola is its […]

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