Friday, September 20, 2024

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Ola Electric Shares Surge 20 Percent on Debut on EV Optimism

Ola Electric Mobility's shares surged 20% on their trading debut in Mumbai on Friday, valuing the company at $4.8 billion, as investors bet on increasing adoption of electric vehicles in the world's largest market for two-wheelers.The stock had...

Ola Electric Said to Have Recorded $136 Million Loss in FY 2022-23: Details

India's largest e-scooter maker Ola Electric recorded an operating loss of $136 million (roughly Rs. 1,118 crore) on a revenue of $335 million (roughly Rs. 2,754 crore) in the last financial year which concluded in March, three sources told...

Uber, Ola Suffer a Blow as Supreme Court Revives Ban on Bike Taxis in Delhi

The Supreme Court on Monday stayed the High Court order by which it had essentially allowed bike-taxi aggregators Rapido and Uber to operate in the national capital by asking the Delhi government not to take any coercive action...

Netflix, Ola, Uber Not Integrated With PIPOnet App, Says NuRe Bharat CEO

3i Infotech-led consortium NuRe Bharat Network has not integrated Netflix, Ola, Uber or any other company with its PIPOnet app, a senior official of the company said.NuRe Bharat Network and RailTel on Monday unveiled PIPOnet mobile app with...

This New App for Railway Passengers Integrates Netflix, Uber and Ola

3i Infotech-led consortium NuRe Bharat Network and RailTel on Monday unveiled PIPOnet mobile app which aims to provide all services, including e-ticketing, travel, stay reservations, and entertainment apps, for railway passengers.NuRe Bharat Network CEO Sax Krishna said that...

This New App for Railway Passengers Aims to Cover Travel Bookings, More

3i Infotech-led consortium NuRe Bharat Network and RailTel on Monday unveiled PIPOnet mobile app which aims to provide all services, including e-ticketing, travel, stay reservations, and entertainment apps, for railway passengers.NuRe Bharat Network CEO Sax Krishna said that...

How Taxi Startup BluSmart Is Taking on Uber, Ola With Its All-EV Fleet

Indian ride-hailing startup BluSmart is seeking to challenge Uber and Ola for market share in the country with bets on an all-electric taxi fleet and an aggressive bid to lure disgruntled passengers and drivers from the incumbents.A clean...

Uber, Ola Apply for Aggregator Licences in Maharashtra

Ride-hailing service providers Ola and Uber have applied to the Maharashtra government for aggregator licences, a Regional Transport Office (RTO) official said here on Friday.Sets of guidelines brought out by the Centre and the Maharashtra government mandate such...

Uber Says Delhi’s Plan to Only Allow Electric Bikes May Impact Mobility

Uber Technologies said on Friday that the plans by the local government in India's Delhi city to only allow electric vehicles to function as bike taxis would risk "finishing off the sector" and impact the mobility needs of millions.Delhi's...

Why Ola Electric Is Set to Invest $900 Million in Tamil Nadu

SoftBank Group-backed Ola Electric would invest $920 million (roughly Rs. 7,600 crore) in the...
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Latest News

The Play Store finally lets you download multiple app updates at once

Edgar Cervantes / Android AuthorityTL;DR The Google Play Store now lets you download and install multiple app updates at...
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