E-PaperOnline Cabs News
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 2018Ola continues expansion in Australia with Melbourne launch
Ola is working with local stakeholders to continue its rollout in Australia, with future launch cities including Brisbane and the Gold Coast, Canberra, Adelaide, Darwin and Hobart
1 min read12 Apr 2018Uber exit from Southeast Asia will not impact India operations
Uber , Grab deal will however not impact its operations in India, where it is locked in an intense competition with local rival Ola
2 min read26 Mar 2018Five airports to allow Ola, Uber bookings at kiosks
Airports Authority of India has tied up with Ola and Uber to allow for cab bookings from airport kiosks at Chennai, Kolkata, Pune, Lucknow and Bhubaneswar
1 min read23 Aug 2017Ola may raise $100 million more, four months after SoftBank’s investment
Ola's board approved the $100 million investment in March, four months after Ola infused $250 million that lowered the firm's valuation to about $3 billion
2 min read21 Apr 2017‘E-wallets, online cabs top cashless performers post note ban’
Food ordering platforms and grocery were also popular for cashless transactions following government's demonetisation of high-value currency notes, according to the study
1 min read8 Jan 2017What Uber’s bid for peace with Didi Chuxing means for Ola
A truce between Uber and Didi Chuxing could escalate the market share battle between Ola and Uber in India
3 min read22 Jul 2016Meru Cabs gets $25 million from Brand Capital
Meru is looking to raise an additional $75 million as part of its $100 million fund-raising plan
2 min read30 Jun 2016Uber seeks to double its India workforce to 1,000
Online taxi firm Uber went from a headcount of 150 in early 2015 to 500 by the end of the year, and is keeping up the pace to catch up with larger rival Ola
3 min read29 Jun 2016Uber invests Rs43 crore in Xchange Leasing in car rental push
Move could see Uber significantly boost its supply through leasing programmes to take on rival Ola
2 min read15 Jun 2016Popular Topics
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