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 Electric shares jump 17% despite market weakness; up 22% in two days. What’s fueling the surge?Ola Electric shares surged significantly on Thursday. This rise follows the company's announcement of its self-developed Lithium Iron Phosp...
Ola shares signal tactical bounce, but trend reversal lacks conviction: Anand JamesOla shares closed the week 6% lower despite rebound on Friday, reflecting continued weakness in the broader trend. While short-term technic...
What sparked a revolution now struggles for traction: Ola's cautionary taleOla Electric faces challenges with financial losses and regulatory scrutiny. Maharashtra government ordered closure of many showrooms. Sale...
Ride-share rules: Cab companies get 15 more days to complyBefore granting the extension, the transport department, on Friday, seized around 30 cabs that were continuing with ride-sharing services.
30 cabs seized for operating ride sharing servicesEarlier on Monday, the department set a three-day deadline for cab aggregators to withdraw ‘UberPOOL’ and ‘OlaShare’, claiming that these r...
UberPOOL, OlaShare are illegal from Friday“The cab aggregators collect fare for ride-sharing services, which is against the permit conditions,” government official said.
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...
Curbs on surge pricing drives Ola towards shared servicesTaxi aggregator Ola seeks to aggresively grow its shared-mobility services to offset regulatory pressure on surge pricing.
Ola slashes 'Share' fare by 45%, expands to 3 new citiesOla's Share service is also available in Delhi, Hyderabad, Chennai, Kolkata and Pune which will see effective rates coming down to around R...
All Ola cabs will have auto connect Wi-Fi: Ankit BhatiOla Share is doing extremely well, and that is because of the technology that handles the volumes, matches users and ensures optimal utiliz...
Ola claims to have helped in bringing down carbon dioxide emissions in MumbaiAs a part of its social ride-sharing platform, Ola has helped keep 3,75,090 vehicles off the road in Mumbai, since its launch in February 2...
Ola launches social ride-sharing platform in ChennaiCab aggregator Ola today announced the launch of Ola Share, its social ride-sharing platform in Chennai.
Ola to enable customers to share rides with people from their social groupsOla is now offering to match customers with people from their own defined social circles and extend the service to more cities.
Ola launches ride sharing to support Delhi's odd-even mandateThe scheme will be reviewed after first 15 days and then the government will study its impact and decide if the plan will be extended furth...
Ola eyes 3 million daily bookings by April next yearTaxi aggregator Ola is looking at a three-fold rise in the number of daily bookings through its platform to three million by April next yea...
Ola set to add car-pooling, shuttle bus serviceAfter UberPool, Ola is all set to add a car-pooling feature on its mobile application and launch a shuttle bus service.