Ola Cabs

Ola IPO: No Earlier Than FY23 To Make The Most of Electric Vehicle Hype

Excited by the historic response to Zomato IPO, many other Indian startup unicorns have started gearing up for IPO. And the latest name, many wanted to hear, is ANI Technologies, the company doing business as Ola. According to few people Dazeinfo...

Devised to Disrupt: Ola’s $2 Billion Game Plan to Take the EV Market in India By Storm

It has already made a name for itself in the ride-hailing sphere in India. Ola’s next aim – to power charge the country towards an electric mobile future. And boy, does it have the stratagem to back that claim! Tucked away...

Uber and Ola In Hot Water: India Authorities Launch Fresh Probe!

The Directorate General of Goods and Services Tax Intelligence (DGGI) sent a summons to Uber and Ola officials on Monday regarding tax evasion allegations against the two companies, Business Standard has reported. The investigation will look into alleged tax evasions...

Uber, Ola Surge Pricing: SC Says All Is Well

While the Indian Government is busy introducing rules to further tighten the noose around cab aggregators. Uber and Ola, in a recent court victory, had a momentary sigh of relief. On Tuesday, Supreme Court, the country’s topmost judiciary body, ruled...

End Of Free Ride For Ola And Uber: GOI Sets New Rules For Cab Aggregators!

For long Ola and Uber have been enjoying the free ride on charging surge price from customers and paying low commission to drivers. Looks like that has finally come to an end! The Indian Government’s new rules for cab aggregators...

US Funds Slash Ola Valuation By Half, While Paytm Loses 25% [REPORT]

The top executives of Ola and Paytm must be disappointed. As the waves of the pandemic slowly recede from the shores of pandemic-hit businesses, they reveal the debris left behind. While some have managed to get by, others have...

No More Shared Rides By Ola And Uber: Suspended Until The Further Notice

India, as a whole, is being encouraged to take up social distancing in the wake of the Covid-19 outbreak to slow down its spread. The biggest ride-hailing giants operating in India Ola and Uber are now pitching in to...

Ola Cabs Banned: No More Ola Cabs On Roads In Karnataka [UPDATED]

First thing first; Ola Cabs banned in Karnataka for six months. The eight-year-old cab aggregator startup is banned from operating in the Karnataka. According to the latest directive by the Transport Department of Karnataka, the license of ANI Technologies Pvt...

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Unemployment in India: Down To 6.95% In July 2021 As Businesess Start Hiring

The unemployment in India is dropped significantly in July 2021 as businesses are slowly resuming their operations after struggling...