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After Travis Kalanick, major overhaul in Uber's top management expected from recommendations
Wed, Jun 14, 2017
Besides recommending that Uber CEO Travis Kalanick's responsibilities be curtailed, it also put forth the appointment of a COO to share the responsibilities and getting in more independent board members.
Uber CEO Travis Kalanick takes leave of absence amid sweeping changes after scandals
Wed, Jun 14, 2017
After a months-long investigation led former US Attorney General Eric Holder, Uber Technologies Inc Chief Executive Officer Travis Kalanick told employees on Tuesday that he would take time away from the company he helped to found, adding further that he needs to work on Travis 2.0 to become the leader that this company needs.
Bookings on Ola, Uber decline for the first time in India; is the dream-run over?
Tue, Jun 13, 2017
Online cab bookings in India saw an overall decline for the first time in India due to the impact of drivers going on strikes in major cities thereby disrupting the services.
JLR partners with Lyft for self-driving cars; invests $25 million in ride-hailing firm
Mon, Jun 12, 2017
JLR joins several other automobile companies that are partnering with ride-hailing companies in the development of autonomous driving cars today.
Uber board adopts all recommendations from Eric Holder investigation
Mon, Jun 12, 2017
The board of directors of taxi-hailing app Uber has voted unanimously on Sunday to adopt all recommendations from a report stemming from allegations of sexual harassment at the company and other employee concerns, which will include imposing new controls on company spending, human resources and other areas.
Top Uber executive Eric Alexander fired for investigating Delhi rape victim
Thu, Jun 08, 2017
Uber top executive in charge of Asia Pacific operations was fired for investigating Delhi rape victim and trying to prove that Ola was behind the incident.
Uber dismisses over 20 employees after law firm's probe
Wed, Jun 07, 2017
Uber has fired more than 20 employees after a law firm investigated complaints of sexual harassment, bullying, discrimination and other violations of company policies.
Top seven Indian companies receive less H-1B visas in 2016
Tue, Jun 06, 2017
Top seven Indian-based outsourcing companies in the US received fewer H-1B visas in 2016 as compared to 2015, and as a group their numbers dropped 37 %, according to a new report.
Uber posts $708 million loss, finance head leaves - WSJ
Thu, Jun 01, 2017
Uber`s first-quarter loss, excluding employee stock compensation and other items, was $708 million, narrower than the $991 million reported three months earlier, the Journal said.
GST Impact: Ola, Uber rides could get cheaper from July 1; Govt reduces tax on cabs booking to 5%
Sat, May 20, 2017
The commuters booking cabs via Ola and Uber will have to pay cheaper charges for their rides from July 1 as the incidence of tax will come down to 5% for bookings made on these cab aggregators once the GST comes into effect.
GST Impact: Theme park & IPL visit to attract 28% tax; animal slaughtering & vet clinics exempt
Sat, May 20, 2017
The government has set 28% levy on visit to theme parks and sporting events like IPL while it has exempted animal slaughtering and services provided by veterinary clinics under the new GST tax, which will be implemented from July 1 this year.
Car rental start-up Revv allows you to switch cars every month
Fri, May 19, 2017
Revv's new product offers car rentals on a monthly and yearly basis which range from Rs 22,000 to Rs 40,000 per month.
Japan's SoftBank plans to increase stakes in India's e-commerce biz; looks to play consolidator in online shake-up
Sun, May 07, 2017
Japan's SoftBank is seeking to secure a piece of India`s industry leaders in everything from payment systems to online shopping and groceries, in a series of deals that would shake up the $65 billion sector, cited the sources with direct knowledge of the matter.
Uber faces criminal probe over Greyball software used to evade authorities
Fri, May 05, 2017
Uber has acknowledged the software, known as "Greyball," helped it identify and circumvent government officials who were trying to clamp down on Uber in areas where its service had not yet been approved, such as Portland, Oregon.
Now, food delivery to wherever you are possible with UberEATS
Tue, May 02, 2017
The differentiating factor in UberEATS among other competitors in this space has to be the customised drop-off feature.
Ola's losses widens by about 3 times since previous year
Sun, Apr 30, 2017
Ola has seen its losses widen about three times from Rs 796.11 crore in 2014-15
South Korea court says Uber violated transport law
Wed, Apr 26, 2017
Uber's operations in South Korea were not expected to be impacted by the ruling, since it suspended its UberX service after prosecutors filed charges against the local unit in 2014
Dreams of Ola, Uber drivers crash as incentives trickle and loans catch up
Tue, Apr 25, 2017
These drivers have been protesting low fares and low incentives that these taxi-hailing app companies are now offering.
Uber seeks Rs 12 crore in damages from taxi owners bodies as it moves to HC
Sat, Apr 22, 2017
It further alleged that the defendants have been engaged in "actively inciting" drivers of Uber to go on strike and protest against the company.
Ample demand but women cabbies in India continue to remain on the fringes
Fri, Apr 21, 2017
Women cab drivers has been a popular suggestion even with the Ministry of Road and Transport and Highways in India however cab initiatives like For-She, Viira and Priyadarshini are struggling to cope with the rising competition.