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AUTO HAILING SERVICES
Ola’s valuation crashes 99%; Snapchat India ad pushHappy Thursday! American investor Vanguard has slashed the fair value of Ola's parent company. This and more in today’s ETtech Morning Disp...- 'Curb unfair practices by drivers': Court orders Ola to pay Rs 50,000 to passenger driven 25 km away from destinationA consumer court in Andhra Pradesh held Ola responsible after a driver stranded a woman en route to a judicial exam. The platform was order...
- Rapido raises $240 million from Prosus, WestBridge, Accel; valuation hits $3 billionUrban mobility startup Rapido has secured $240 million in a funding round led by Prosus, valuing the company at $3 billion. This raise is p...
- Uber leases over 9 lakh sq ft Hyderabad office through 10-year lease for GCCUber India Systems has secured a massive office space in Hyderabad. The company will occupy over 9 lakh square feet for a decade. This deal...
- WeRide, Lenovo team up to scale 200,000 robotaxis by 2031Chinese tech firms WeRide and Lenovo are set to deploy 200,000 autonomous vehicles worldwide in the next five years. This ambitious collabo...
- Karnataka may frame policy legalising bike taxis: SourcesKarnataka government is considering a policy for bike taxi services. This comes even as the state challenges a High Court order allowing th...
- Karnataka to appeal in SC against HC judgment allowing bike taxisKarnataka government will challenge the High Court's decision allowing bike taxi services in the Supreme Court. The state argues that bike ...
- Uber says bike taxis not eating into autos; calls for 'sensible' regulationIn a blog post, Uber’s policy and research team said that in Bengaluru and Mumbai — two key markets where bike taxi services were paused fo...
- US Stocks | Tesla shares slide 4% after first-quarter deliveries miss estimatesTesla missed Wall Street expectations for first-quarter deliveries on Thursday, reporting its weakest numbers in four quarters, as fading U...
- GST on ride-hailing: Karnataka AAR says may recall ruling on Namma YatriThis follows Bengaluru-based Juspay hiving off the cab-hailing business to a subsidiary, Moving Tech Innovations. The AAR said the company ...
- Why the ride-hailing industry moved away from commission-based modelsThe ride-hailing industry has traditionally operated on commission-based models, where platforms take a percentage of each fare as revenue....
- Karnataka HC upholds govt notification, caps service fee on app-based auto rides at 5%Justice Suraj Govindaraj, while dismissing the petitions from the app-based aggregators, said the platforms were entitled to collect 5% ser...
- 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...
- Bengaluru transport unions see strike as a success, app-based cab and autos may face extra scrutinyState transport minister Ramalinga Reddy, who addressed the protestors, agreed to implement the demands except those under the purview of C...
- Karnataka ban: Uber may halt auto services in BengaluruEarlier today Karnataka government also warned of imposing a fine of Rs 5,000 on those vehicles found operating illegally. State Transport ...
- Karnataka govt may develop its own app to help auto-rickshaw users: transport ministerSriramulu’s statement came after the aggregators continued to operate their app-based auto-ride hailing services, despite a government noti...
- Karnataka transport department asks Ola, Uber, Rapido to appear for hearingThe decision to conduct a hearing follows legal advice within the government that the department hold an in-person hearing with the stakeho...
- Ola, Uber, Rapido unlikely to stop auto services in Bengaluru despite missive from stateTerming the auto-hailing service as “illegal” the state’s transport authority had issued notices to the three companies on Thursday, as sta...
- UberMoto will ride into Amritsar, Kanpur later this weekThe company will also revive its auto-hailing service in Bengaluru and Pune this week, after halting them two years ago.
- Taxi-hailing app Uber launches auto-rickshaw service in DelhiThe company said the pricing will be based on the fare rules set out by Delhi state authorities and Uber will not charge any fee for the se...
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