With the Motor Vehicle Bill coming in place, the government will now have the power to regulate Uber and Ola. Many states lack the norms to regulate app-based cab services. This resulted in each state having varied guidelines. Once the law comes into place, the government will have the power to...
And why we may not skip car ownership just yet. After I moved back to India, I almost bought a car. But after looking at Gurgaon’s roads, the cost of ownership and the traffic I might have to deal with, I decided against it. More so because Ola (an India specific Uber competitor backed by […]
Recent news on Softbank, writing off its investment in OLA; and change in revenue model by Uber; clearly validate the below hypothesis which was published in my previous article. Hypothesis# 1: – Cab aggregators are not working towards answering the most important question of this industry...
Ola is raising its next round of funding $600mn+ and the company now wants its ‘foreign funded’ competitors, a.k.a Uber to stop predatory pricing. The company wants government to stop ‘capital dumping’ by Uber. “There is an urgent need for adequate regulation to curb...
2 Ola Cab Drivers allegedly raped a 12-Year-Old girl and threw her body off the Kolkata bridge. The victim lived on a pavement with her mother in central Kolkata, and was forced into the cab by the two drivers. A statement from Ola said, “We are saddened by the reports of the alleged...
The Motor Vehicles Act clearly says that they have to go by the taxi meter, as per the ministry. The government has formed a committee under Roads Secretary Sanjay Mitra to draw up guidelines for taxi aggregators. Auto and taxi operators in the Capital went on a three-day strike opposing Ola and...
We had earlier reported that Ola drivers held protests outside the company’s Chennai office. The drivers protested saying that Ola has set a high-performance bar which makes it tougher for incentives and several other issues. Right after this, both Ola and Uber have relaxed few regulations and made...
Close to 100 Ola drivers have gathered at the company’s Chennai office protesting on several issues, reports ET. According to the drivers, Ola has set a high performance bar which makes it tougher for incentives. Also, Ola Micro which is the cheapest ride being offered by Ola [ Rs 6/km] does not...
The High Court in Delhi has asked Delhi government to file a reply on steps taken by Govt to stop Ola & Uber from charging fares arbitrarily during the odd-even phase. The Delhi government has said that it will take strict action against Uber and Ola for causing hardship to commuters and charging...
