Ola Loss News

Market

Surging losses make a good case for Ola-Uber merger

Be that as it may, it looks like the low-value Indian market does not have room for two large cab-hailing firms in Ola and Uber

2 min read15 Jun 2018
Companies

Ola’s revenue surges 70% to ₹1,286 crore in 2016-17

Ola did not immediately disclose its profit or loss figures, but in 2015-16, the cab-hailing start-up had generated losses of about Rs2,313 crore

2 min read8 Jun 2018
Companies

Ola, Uber strike highlights tough business model of cab-hailing firms

Taxi drivers want higher incomes but Ola and Uber are more interested in raising marginsa conflict that will become worse as Ola and Uber will have to further cut losses as they attempt to go public

4 min read21 Mar 2018
Companies

Start-ups struggling with costs vs growth dilemma

Start-up investors say it's a healthy sign that internet companies are reducing ad spending and discounts, but no one has yet cracked the code on achieving profits

3 min read4 Jul 2017
Companies

Ola losses tripled to Rs2,313 crore during 2015-16 on discounts, driver incentives

Ola revenue rose to Rs758.23 crore in FY16, compared with Rs103.8 crore in the year-ago period, even as losses nearly tripled to Rs2,313.7 crore

3 min read1 May 2017

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Budget

The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

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