Investors’ bets on Ola shrink as EV, ride-hailing businesses lose groundAs competition intensifies, SoftBank Group and fellow investors in Ola are grappling with a substantial reduction in their holdings' valuat...
03 Oct, 2026, 06.00 AM IST
India’s cab game has a new green player: A Vietnamese behemoth aiming to win fastGreen SM enters India with a controlled electric vehicle fleet, challenging the aggregator model. This Vietnamese company aims for a premiu...
21 Sep, 2026, 12.16 PM IST
US diesel prices hit a record high, pushing up transportation costs for a long list of goodsDiesel prices soared to unprecedented levels in the United States on Friday, primarily due to the six-month conflict involving Iran. This r...
04 Sep, 2026, 06.41 PM IST
US diesel prices hit a record high of $5.85 as Iran war disrupts the flow of fuelUS Iran war: Diesel fuel has reached an unprecedented average price of $5.85 per gallon. This surge is directly linked to the ongoing six-m...
04 Sep, 2026, 02.39 PM IST
₹25 ride: India’s bike taxis are cheap, fast and still fighting for a place on the roadBike taxis offer affordable, on-demand urban transport, bridging the last-mile connectivity gap. These services face regulatory hurdles des...
03 Sep, 2026, 01.06 PM IST
In 1942, Loyalhanna Dam went into operation while Pittsburgh factories produced wartime steel and the army relied on 54,000 pigeons. 84 years later, the dam has prevented more than $658 million in flood damage and its cranes are getting a major overhaulTwo 64-ton cranes at Loyalhanna Dam are receiving a major overhaul after eight decades of service. These aging machines manage massive stee...
16 Aug, 2026, 02.37 AM IST
Uber, Rapido held talks to combine India ops; deal collapsed over control: sourcesUber and Rapido discussed merging their India ride-hailing operations in May, sources told us. Talks collapsed after disagreements over the...
14 Aug, 2026, 09.53 AM IST
Evera Cabs initiates repossession of 500 electric cabs earlier operated by BluSmartEvera Cabs is repossessing 500 electric cabs from BluSmart, having already acquired 220 vehicles, aiming to strengthen its position in airp...
05 May, 2025, 04.23 PM IST
EV ride-hailer BluSmart seeks $300 million to expand car fleetBluSmart, India’s top electric cab operator, aims to raise $300 million to expand its fleet with cars from top manufacturers, targeting maj...
28 May, 2024, 10.49 AM 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
Snap-E Cabs, Jio-bp launch EV charging hub in KolkataSnap-E Cabs and Jio-bp unveiled a new electric vehicle charging hub in Kolkata. The hub, located in the basement of Axis Mall, has 150 stat...
20 Jan, 2024, 05.07 PM IST
Snap-E Cabs initiates women driver induction processThe company is set to train and engage the first batch with 30 women drivers and 50-60 in the next two batches, taking the overall count to...
05 Jan, 2024, 05.36 PM IST
Electric cab aggregators on expansion, hiring spreeEvera, an EV cab aggregator that currently operates in the National Capital Region, plans to expand its fleet of electric cabs about ten ti...
23 Aug, 2023, 04.41 PM IST
India's Delhi government proposes making 25% of new cab registrations electricThe proposal would mandate apps providing transportation or delivery services, including cab operators such as Ola and Uber and food delive...
24 Jan, 2022, 09.22 PM IST
Electric cabs gain momentum thanks to 65-75% lower operational cost versus diesel/ CNG cabsHigh cost of diesel and CNG have skewed the economics in favor of electric cabs in shared mobility with industry planning massive expansion...
11 Jan, 2022, 07.25 PM IST
Electric car makers ride on sops to woo cab operatorsCarmakers such as Tata Motors are looking to leverage such subsidies to sell more electric cars to cab operators even though the fleet mark...
15 Jul, 2021, 09.48 AM IST
Ola Electric's most experienced official Sanjay Bhan quitsSanjay Bhan’s departure comes as a huge setback to India’s most valuable electric-vehicle startup since he was entrusted with the challengi...
13 Jul, 2020, 08.11 PM IST