The Nifty Bank index closed 1.59 per cent up at 50516.9.

The Nifty Auto index closed 2.01 per cent up at 25597.35.

Ola Cabs to exit UK, Australia, New Zealand. The firm has started sending out notifications to users and drivers about the impending closur...

Ola — backed by global marquee investors including SoftBank, Tiger Global, Tencent, and Steadview Capital—employs about 4,000 people in its...

Ola announced its commencement of operations in London from February 10 onwards. It aims to offer a differentiated experience on the platfo...

There are at least 10 to 20 companies which are ready to get listed if the government enables this, the Sequoia MD said.

The Bengaluru-based company had recently announced its intent to foray into the UK, its second overseas expansion after Australia.

“Ola is excited to announce its plans for the UK, one of the world’s most evolved transportation markets,” said Bhavish Aggarwal, chief exe...

The turnover includes revenue from subsidiaries Ola Fleet Technologies, Ola Electric Mobility, Ola Skilling and Zipcash Card Services.

The ride-hailing platform launches Down Under with special offers for riders and drivers. To be a third player after Uber and Taxify, it wi...

Taxi-hailing companies have reportedly been giving first priority to company-owned cars rather than driver-owned vehicles, causing a slump ...

Sources at the company claim that there will be plans to partner with driver unions to onboard more drivers and work closely with the Austr...

While the present set of Ola bicycles at IIT-Kanpur do not have sophisticated security features, the next lot is expected to have QR codes ...

"Advertising, initial driver incentives, strikes in major cities and customer discounts are some of the contributory aspects to the losses ...

The rivalry with Uber is more than friendly skirmishing. "We are in a corporate war situation," Aggarwal said. "Competition with Uber is to...

Some key players in the startup sector weighed in on the side of Bansal and Aggarwal, and several chose to remain silent. A few also denoun...

They have now raised the banner of nationalism, urging the government to design policies which will favour desi cos against foreign rivals.