OLA UBER

SoftBank Group sells Uber shares worth $2 billion

An affiliate of SoftBank's Vision Fund sold 38 million shares for $53.46 apiece, according to a US stock filing on Uber's website.

Gig Workers Fund: Internet firms seek clarity on social security inputs

Online platforms, such as Amazon India, Ola, Uber and Urban Company, have asked the labour ministry to clearly define turnover, which will ...

Checking of driver’s skills, papers is govt’s responsibility: Ola, Uber tells ministry

The commission is limited to 20% of the total fare and surge prices at 1.5 times the base fare. State governments will use these guidelines...

Karnataka taxi unions oppose state-wide night curfew, say the move will dent segment further

Among other guidelines issued, the state government said movement of taxis and auto rickshaws would be allowed only for picking up and drop...

Karnataka taxi unions slam night curfew during 'peak time'

Drivers on popular ride-hailing platforms Uber and Ola voiced their protest against the night curfew in the state, saying that the period b...

Supreme Court backs CCI & NCLAT, says Ola & Uber drivers not in cahoots

Both the CCI and the NCLAT had found that Ola and Uber do not facilitate cartelisation or anti-competitive practices between drivers, rathe...

Doors of CCI & NCLAT must be kept wide open in public interest: Supreme Court

The observation by the apex court came in its verdict on a petition challenging the order of the NCLAT which held that the informant had no...

Who's calling and Why: Truecaller plans big roll out for businesses in 2021

Alan Mamedi, founder of Stockholm-headquartered Truecaller, said he was not too fazed by the upcoming competition from Google, which he sai...

New govt rules may narrow earnings of ride-hailing firms like Uber, Ola

The government’s new requirements for increased compliance for driver training, medical tests and verification could hurt ride-hailing firm...

New cab aggregator norms: How does it affect your next Ola, Uber ride?

The Ministry of Road Transport and Highways have issued a new set of guidelines for cab aggregators such as Ola and Uber. ET’s Alnoor Peerm...

Female passengers can avail ride pooling on Uber, Ola only with other lady commuters

These guidelines will provide a guiding framework to the state governments to consider issuing licences as well as regulating the business ...

India caps fee of cab aggregators like Ola, Uber at 20% of total fare

Besides a surge pricing of 1.5 times the base fare, the aggregator will be permitted to charge a fare 50% lower than the base fare.

Is surge pricing determined by gender? Par panel on Data Protection Bill to Ola, Uber

The companies were also asked about having their own cars run by drivers with fixed salary. Both acknowledged that besides being cab aggreg...

Parliamentary panel on data protection bill summons Jio, Airtel, Uber, Ola, Truecaller

A Joint Committee of Parliament issued a notice on Wednesday calling representatives of telecom operators Reliance Jio and Airtel and cab a...

Ola denied licence for London roads, to appeal decision

The timing is also critical given that ride-hailing services were adversely impacted by the COVID-19-induced lockdowns in various parts of ...

No major impact of Ola, Uber drivers' strike in Delhi

A section of drivers associated with the two cab aggregators went on a strike to demand a fare hike and moratorium on loan repayment.

Section of Ola, Uber drivers go on strike in Delhi-NCR

Amid the pandemic, the strike may cause hardships to commuters as Metro train services are yet to resume and public transport buses are run...