The Karnataka State Drivers’ Association said that it will mobilize 20,000 Uber drivers and stop services today, in a mark of protest against Uber’s alleged discrepancies in their driver payment system. Driver’s were allegedly charged Rs100 every week as Internet Fee without their Knowledge.
The NCS claims to have a pool of job-seekers, verified and authenticated by the government. Uber is in talks with the ministry and is “exploring areas of collaboration with the labour ministry with the goal to provide easy access to economic opportunities for drivers and individuals.
Uber signed a Memorandum of Understanding (MoU) with the Government of Tamil Nadu to create tens of thousands of work and entrepreneurship opportunities, foster technical innovation and support development in the state. Uber plans to invest $1Bn in India and has launched cash payment options in metros.
The woman has voluntarily ended her lawsuit against Uber which she had filed on being raped and beaten by an Uber taxi driver in Delhi last year. She had sued Uber in the US court claiming that the company failed to implement basic safety procedures. No details are yet available on the case settlement.
You can now pay using your Prepaid Wallet, Debit Card, Credit Card or Cash. Note that part payments aren’t allowed on cash trips with your Paytm wallet, Credit or Debit card. Uber has also disabled dynamic pricing from 7AM – 9PM.
“App-based taxis have affected our business very much. We do not get long-distance customers nowadays.” said a taxi driver, justifying the agitation. 10,000-15,000 taxi drivers are expected to participate in this agitation, organised by Swabhiman Taxi-Rickshaw union, led by Congress MLA Nitesh Rane.
Drivers of the SF-based company are protesting the denial of promised incentives and business by the management. The cab operators’ union claims drivers were assured earnings of Rs 70,000 a month but are earning close to Rs 15,000 a month. Uber said only 0.5% of its drivers weren’t earning well enough.
The company is looking to take on Tencent-backed Didi Kuaidi in the Chinese market. Investors in Uber’s China unit include Hillhouse Capital, Baidu, China CITIC Bank Corp, China Life Insurance Co and insurance company Ping. Uber values its China unit at $7 billion and plans to list the unit by 2020.
Uber lured thousands of cab drivers by promising monthly income of about 70,000 but they were not able to earn more than 15,000 owing to drastic cut in incentives and number of trips. Also, the incentives per ride for the drivers have been reduced from 225 to 150 in Hyderabad
Over the last two months alone, Uber has doubled its footprint in India going from 11 cities in June to 22 cities. The company recently raised $100mn from Tata’s PE fund and has partnered with Airtel for in-cab free wifi.
Uber riders will now enjoy free in-car WiFi, powered by Airtel’s 4G networks and will also be able to pay for trips with Airtel Money. The partnership makes Airtel Uber’s official telecom partner across India. The scheme will kick off in Mumbai this Saturday, and will roll out pan-India soon.
The funding will be used to globally invest across all markets and to experiment with new innovations. TOF will not be taking a board seat in Uber. Interestingly, Ratan Tata has made a personal investment in Ola.
Shiv Kumar Yadav had asked for the re-examination of the victim. The SC was hearing pleas filed by the victim and the Delhi Police which urged the court to disallow that. The bench denied the right to call for re-examination on the grounds that the accused hadn’t asked any relevant questions during the previous cross-examination of the victim.
Indian entrepreneurs will get a chance to pitch their business idea to a VC via UberPITCH. The activity is coming to New Delhi, Mumbai and Pune on August 12 and Bangalore on August 13. Users can request for UberPITCH from within the Uber app and if their request is accepted a car with a VC in it will arrive at their doorstep. You’ll get 15 minutes to pitch your business proposition to the VC.
The company is accepting debit card payments in India after reintroducing credit card payments mid-last month. The feature will go online across 18 cities in India, with the procedure for adding and paying via a debit card being similar to that of paying via a credit card. Uber has adhered to the RBI’s mandatory 2-factor authentication requirement by partnering with MobiKwik to power payments.
In its current scale, Ola is adding more than 1,500 vehicles every day and is available across 100+ cities in the country. The company is doing over 750,000+ rides a day, across 250,000+ vehicles !