Ola Consumer turns free cash flow positive in H2 FY26 post biz rejigIndia's oldest cab aggregator, Ola Consumer, has achieved free cash flow positivity in the second half of FY26, marking a significant turna...
08 May, 2026, 11.46 AM IST
Lyft to buy Gett’s UK taxi business, marking its third international acquisitionLyft is expanding its global reach by acquiring the UK business of London black cab app Gett. This move significantly boosts Lyft's driver ...
23 Apr, 2026, 10.46 PM IST
Namma Yatri launches cab services in Bengaluru, says no subscription fees till OctoberChief executive Magizhan Selvan told ET that Namma Yatri is not charging a subscription fee from cab drivers for the initial few months, an...
16 Apr, 2024, 06.05 PM IST
Namma Yatri goes live with cab service in BengaluruNamma Yatri expands to cab services in Bengaluru with a daily subscription model. The firm previously focused on autorickshaws and introduc...
12 Apr, 2024, 03.36 PM IST
Karnataka notifies new three-type fare structure for cabs, aggregators can pass on GSTAggregators such as Uber, Ola and Rapido will only be able to charge distance-based fares depending on the cost of the vehicle. By doing th...
04 Feb, 2024, 08.41 PM IST
Ola Cabs Ebitda profitable; electrification, premiumisation the future: new CEO BakshiAt an ebitda level, the standalone ride-hailing business earned Rs 250 crore in FY23, Bakshi said, against an ebitda-level loss of Rs 66 cr...
26 Jan, 2024, 12.16 AM IST
Ola plans Bengaluru EV cab service pilot with 1,000 carsOla’s rival Uber also recently started an EV cabs pilot in Delhi.
04 Jan, 2023, 06.00 AM IST
Transport dept riled as Ola, Uber yet to disable child lockIssues notice to cab aggregators asking why their licences should not be revoked
21 Jan, 2019, 11.38 AM IST
Number of cabs in Bengaluru doubles in 3.5 years to 1.66 lakhThe Transport Department had registered 80,204 cabs in the city by March 2015. They comprised 45,425 motor cabs (four-wheelers with up to s...
01 Nov, 2018, 12.24 PM IST
Ola appoints Nitin Gupta as CEO of Ola MoneyCab hailing app Ola has appointed PayU India co-founder Nitin Gupta as the chief executive officer of its wallet service, Ola Money.
08 Dec, 2017, 11.02 PM IST
K'taka to notify new fare norms for cab operatorsUnder the new regulations, app-based taxi operators may get enough leeway to rejig fares within a set fare band.
10 May, 2017, 12.02 PM IST
Uber launches its food delivery service UberEATS in MumbaiThe service, which was piloted in 2014 in Los Angeles before being officially launched in 2015 globally, has been rolled out in Mumbai – it...
03 May, 2017, 01.22 PM IST
Tourist cab operators can't offer app-based serviceThe department has been issuing two types of permits --one set under Section 74 and 88(8) of the Motor Vehicles Act, 1988, and another unde...
23 Nov, 2016, 12.00 PM IST
Karnataka nixes surge pricing by taxi-hailing apps like Ola, UberThe fare cannot be higher than what has been fixed by the government from time to time. Which means these firms must charge a fare within a...
04 Apr, 2016, 11.28 AM IST
Karnataka government proposes cap on cab fares for Uber, OlaKarnataka has sought to put an end to the practice of ride-hailing apps such as Uber and Ola collecting a surge-price from customers.
11 Feb, 2016, 04.17 AM IST
Meru Cabs ties up with Europe's Taxis G7, joins eCab platformMeru Cabs said it has forged a global alliance with Europe's taxi service, Taxis G7, to launch eCab in India, a move which would help the c...
21 Oct, 2015, 10.44 AM IST
Low-cost cab service UberGO faces challenge on day of launchUber introduced its low-cost cab hailing service uberGO across 10 cities, at 25% discount fares that it claims are less than autorickshaw r...
21 Nov, 2014, 09.58 AM IST