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OLA CABS BUSINESS
Everyone mocked him for becoming Ola driver after rejecting Rs 25 lakh job offer. Today, his income has the same relatives saying they're 'proud'An MBA graduate turned down a lucrative corporate job offer worth Rs 25 lakh per annum and chose to become an Ola cab driver instead. The d...- Petrol, diesel price hike impact: From milk, onions, Blinkit deliveries to Uber fares & others, here's all that may get costlierPetrol, diesel price hike impact: Centre’s Rs 3 per litre hike in petrol and diesel prices may not feel massive immediately, but its ripple...
- 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...
- Ola's AI smart assistant 'Kruti' goes dark across app platformsWhile 'Kruti' was not accessible via its direct website, kruti.ai, which showed a "site not found" error, users accessing it through Olakru...
- From setbacks to second wind, what next for Ola and Bhavish Aggarwal?Ola Electric is struggling to revive its position after a sharp fall in market share, financial stress and operational challenges. Founder ...
- Ola group’s continued top-level exits in 2024Two senior executives at Bhavish Aggarwal's Ola, Suvonil Chatterjee and Anshul Khandelwal, resigned from their positions at Ola Electric, c...
- Ola CFO Kartik Gupta steps down two weeks after CEO exitKartik Gupta, Ola's CFO since November 2023, is stepping down just two weeks after chief executive Hemant Bakshi left the firm.
- Ola Cabs brings back Ankush Aggarwal to its ride-hailing bizAmid top-level changes at Ola Cabs, founder Bhavish Aggarwal’s brother Ankush Aggarwal has returned to the ride hailing business after a st...
- 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...
- Ola is likely bringing a CEO for cabs businessIt is unclear whether the new CEO will oversee just the core cab hailing business or also ANI Technologies, the parent company. This move i...
- Ola chief Bhavish Aggarwal floats new company, likely to enter AI spaceThis April, Bhavish Aggarwal registered a new company named Krutrim SI Designs Private Ltd. He and Tenneti Venugopala Krishnamurthy are the...
- Ola to sell 5,000 used cars to Dbest cars for Rs 125 croreOla Fleet Technologies leased cars to cab drivers who operated exclusively on the Ola app pre-pandemic, when demand for the service exceede...
- Ola's cab business recovers to pre-pandemic levels ahead of IPOThe recovery in the ride-hailing business comes at a time when Ola has diversified into manufacturing electric vehicles and lined up plans ...
- Driver strike hits cab services in ChennaiFor many months now, drivers have held protests against dwindling incentives and rising performance-linked remunerations paid by these aggr...
- 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.
- Shared services of Ola, Uber Illegal in Karnataka: Transport CommissionerThe cab aggregators had introduced ‘Uber Pool’ and ‘Ola Share’ in the City for passengers to take the ride at a lower cost, besides promoti...
- 110 cabs seized for plying without licence in BengaluruAt least 110 cabs, including the ones operated by app based aggregators Ola and Uber, were seized by transport authorities in Bengaluru on ...
- Uber vs Ola: Who will end up dominating the streets?On March 23, taxi hailing company Uber dragged rival service Ola to the Delhi High Court on charges of ‘false bookings’.
- Ola to add 2,000 CNG cabs every month in Delhi NCROla in September announced to invest Rs 5,000 crore to add 1 lakh cabs in its service by 2016 that it will lease out to drivers.
- Ola aims to counter Uber with its Biz-class serviceOla Prime charges between Rs 17 to Rs 20 per km across different cities, almost similar to rates that Uber and Meru are charging in various...
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