Ride Hailing Service News
Meru Cabs launches office commute service Meru Reserve with no surge pricing feature
Mahindra Group-backed ride-hailing services provider Meru Cabs said it has launched office commute service Meru Reserve with features like no surge pricing and up to one-month advance bookingCommuters can opt for an EV ride and avail a discount of up to 40% in Mumbai and Delhi
1 min read15 Oct 2020Ola to invest ₹500 crores in safety intiatives to fight covid-19
Ola has set up a network of over 500 fumigation centres across the country at various hotspots and airports, to enable mandatory fumigation for all vehicles every 48 hours
1 min read5 Jun 2020Uber buys rival Careem in $3.1 bn deal to dominate ride-hailing in West Asia
Uber will pay $1.4 billion in cash and $1.7 billion in convertible notes in a deal that gives it full ownership of CareemThe acquisition makes Careem a wholly owned subsidiary of Uber and will keep the Careem brand and app intact
4 min read26 Mar 2019Karnataka government open for talks with Ola over ban
Ola could lose out badly to Uber if pushed out of Bengaluru for an extended periodBengaluru is among Ola’s top three markets in India
1 min read23 Mar 2019Indonesia’s Go-Jek starts trials in Singapore in challenge to Grab
Both Go-Jek and Grab are raising billions of dollars and investing aggressively in the race to corner a bigger share of Southeast Asia
1 min read29 Nov 2018Ola forays into New Zealand in latest overseas push
Brian Dewil has been appointed as country manager for Ola’s New Zealand operations
1 min read18 Sep 2018Uber agrees to allow sexual assault victims to sue in court
Uber said it will let sexual assault and harassment victims sue the company in court and plans to release data on sexual violence and other dangerous incidents that occur on its ride-hailing service
3 min read15 May 2018Uber is said to reach agreement on Southeast Asian sale to Grab
The deal, which includes Uber’s operations as well as Uber Eats in Southeast Asia, gives Uber a stake of between 25% and 30% in the new combined business
1 min read25 Mar 2018Uber selling Southeast Asia operations to Grab
Grab is on the cusp of buying Uber’s business in some Southeast Asia markets in a deal that would give the California-based smartphone-summoned ride service a stake in its competitor
1 min read9 Mar 2018With Easy Ride trial, Nissan takes new step towards being Uber competitor
Easy Ride, which Nissan plans to launch in Japan in the early 2020s, is meant to feel more like a concierge service on wheels
3 min read23 Feb 2018Popular 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