Naik alleged that the taxi-hailing companies are giving first priority to company-owned cars rather than driver-owned vehicles, causing a slump in their business.
"We have begun recruiting private hire vehicles and drivers in Sydney, Melbourne and Perth from Tuesday, with rides expected to begin in the coming weeks," a company spokesperson said.
At least 55.6 percent cab drivers drink and drive on Delhi-NCR roads, putting the lives of passengers and road users at risk.
Ola's $200 m investment in Foodpanda's India business is the largest such funds infusion in an Indian online food ordering and delivery company.
Ola is also in talks with other investors to raise an additional $1 billion with new and existing investors.
The 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
The funding will not only strengthen Ola in its fight against rival Uber but also take its valuation over $4 billion
A 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.
The Japanese firm has multi-billion investments in Indian firms, including Ola, Snapdeal and Elara Technologies, which owns PropTiger, Housing and Makaan.com
Airtel 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.
While 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.
In 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”
Japan'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.
Cab aggregators Uber and Ola have reportedly approached the Railways with the proposal to offer services to railway passengers.
Japan'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
Internet 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
Indian 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
At 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
In 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.
The 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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