Car companies not getting many cab rides now
Several automakers have arrangements with car aggregators such as Ola and Uber to sell vehicles to drivers who join their platforms. According to industry estimates, sales to such driver-partners in the past year were around 20,000 vehicles, recording a 35% fall from the previous year.
New ventures help office-goers sail through commuting chaos
Startups focus on carpools, buses and corporate services to make ride to work pea...
Transport ministry to help states set up vehicle tracking system
This comes after states made little progress in setting up these centres, wh...
Startups cutting employee costs
Oyo, Ola, Paytm, Quikr, Zomato and Rivigo have handed out pink slips or are likely to.
Hello, world: Tesla cars will soon be able to talk to pedestrians, Elon Musk teases in a video
In a now viral video, Musk teased a talking Tesla, asking passengers to ‘hop in!’.
How equity investors can cope with a high rate of change, stock market volatility
The winds of change driven by tech have become a storm of transformation. Change is neither new nor unique.
Car sales dip most in two decades in 2019
Sales of cars and SUVs went into a free fall in 2019, witnessing the biggest decline in over two decades.
Private equity funds go talent shopping for portfolio companies
Advent International, Blackstone, Carlyle, General Atlantic, SoftBank tapping managers for leadership roles. In the past few years, PE funds have preferred to invest in ventures where they get controlling stakes. This helps them to have greater control over operational aspects of the company.
Delhi ahead of Bengaluru, Mumbai in night travel, says Ola
Delhi clocked 924 million km (63.4 million trips) between 6 AM to 10 PM and 141 million km of night-time travel between 10 PM to 6 AM, as per the data.
Ola targets 1 million bike partners by next year
A recent in-house survey revealed that six out of 10 Ola bike partners also work for food delivery networks, helping increase their income levels.
Startups should be allowed to list outside: Rajan Anandan
There are at least 10 to 20 companies which are ready to get listed if the government enables this, the Sequoia MD said.
Taxi policy guidelines: Cab surge pricing could be capped at thrice the base fare
Surge pricing will likely be restricted to certain times of the day and the total number of hours or rides when it is applicable may be limited, a government official aware of the development told ET. “On the issue of surge pricing, it is likely to be capped at thrice the base price but it has to be decided at what hours of the day it will apply,” the official said.
Oracle Cloud Applications wants to be India market leader in SaaS by 2020
According to regulatory filings sourced by business intelligence platform, Tofler, Oracle's Indian unit reported revenue of Rs 10,993.10 crore, compared to Rs 9,941.20 crore in the previous fiscal.
View: Is India’s EV dream for real?
In addition, ICE ( internal combustion engine) vehicles will also co-exist and will not be phased out. Compare this to his bold announcement a couple of years prior of India’s automobile industry needs to go all electric by the year 2030, an announcement which sent auto OEMs back to the drawing board as they scrambled to put in place their respective EV blueprints.
Ola aims to double scale of business in Australia, New Zealand by 2021
A company source said the firm is looking to double the scale of business across parameters such as revenue, customers, driver-partners and the number of rides. Ola said it is "set to launch in 11 new locations each in Australia and New Zealand, taking its total presence across 33 cities in the region".
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