An Uber spokesperson said the company facilitated more than 14 million rides a week last year, compared to 11 million in 2018, as reported ...

In 2018, the incentive structure was based on different targets for drivers with no standardisation. SoftBank-backed Ola has been trying to...

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

From bad-joke detectors to hover shoes, tech companies around the world announced fanciful product launches, in keeping with the day's trad...

Khosrowshahi said India is already among the top three markets (besides the US and Latin America), accounting for 10 per cent of its trips ...

Just as Singapore's fall was the beginning of the end of Britain's sway in Asia, so will ceding the city make it very hard now for Uber to ...

On the Meru Cabs app customers will be able to choose from up to 10 taxis whose fares, expected time of arrival, vehicle model and driver r...

Having already relinquished China to Didi Chuxing, giving up on Southeast Asia would be a precursor for Uber to perhaps losing India and Ja...

Khan recalls the apprehension of angel investors towards taxi hailing apps.

While the Allahabad High Court had issued an order restraining the NTBCL from collecting toll tax from commuters, taxi aggregator Uber cont...

After Uber exited the China market, India has become the top focus for the company, where it is battling regulators at multiple levels.

With easy accessibility and competitive fares, taxis are gaining ground as driving in traffic and then looking for parking space make Delhi...

New York-based hedge fund Falcon Edge is pumping $100 million (Rs 630 crore) in taxi-aggregator service Ola, valuing it at $5 billion.

Uber has grown swiftly in India since its launch in Bengaluru in 2013 and is now present in 18 cities. Only in the US does it operate in mo...

The funding is likely to give Ola a war chest as it looks to further its lead on San Francisco-headquartered cab booking application Uber.

The latest fund-raising is on top of a $50-million tranche Meru secured this week from existing investor India Value Fund Advisors (IVFA).

The state government directive could also put market leader Ola—which has a driver network operating about 40,000 cabs across the country.