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Ola Cabs loss widens to Rs 3,082 crore in FY22

Ride-hailing company Ani Technologies Pvt Ltd, popularly known as Ola Cabs, saw its loss widening …

PTI   


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A 70-hour-week regimen 'far too ambitious' say medical experts

Youths should learn to balance hard work with a healthy diet, proper sleep and timely exercise, doc…

PTI   


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Ola's valuation slashed by more than half by Vanguard

Leading US asset manager Vanguard has further slashed its holding in ride-hailing major Ola by more…

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Layoffs begin at Ola, 200 employees to be impacted by restructuring exercise

Ride-hailing major Ola has started to lay off 200 employees from its Ola Cabs, Ola Electric and Ola…

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Ola raises half a billion dollars in debt to fuel its food delivery and quick commerce dream

Ride hailing firm Ola has raised $500 million in debt from undisclosed institutional investors as t…

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Ola to invest up to ₹786 crore in Ola Financial Services

As per documents submitted by ANI Technologies (which operates Ola) to the Registrar of Companie…

PTI   


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10 million people tried Ola for the first time last fiscal year, says CEO Bhavish Aggarwal

India is moving again! Our @olacabs GMV crossed pre-covid levels last week. Recovery from second wa…

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Laying off 200 engineers to 'centralise' operations, clarifies Ola

The company denied sacking 500 employees, adding that it is "centralising operations and is unde…

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Indian regulator to grill Ola and Uber over rising customer complaints

As thousands of commuters find themselves at the mercy of Uber and Ola drivers via ride cancellatio…

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Ola brings on board former General Motors veteran to lead the global manufacturing and operations of its electric business

Ride-hailing major Ola on Monday said it has appointed former General Motors executive Jose Pinheir…

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EV-based Zypp Electric appoints Tushar Mehta as cofounder and COO

EV-based last-mile delivery service provider Zypp Electric on Thursday announced the elevation of T…

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Ola fires 1400 people as revenue is hit by 95% in the last two months

Indian ride hailing unicorn Ola has fired 1400 people as a cost cutting measure during the coronavi…

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Ola, Uber resume services in India without ACs ⁠— and both riders and drivers have to wear masks

As the relaxation from lockdown begins from today (May 4), cab aggregators are set to resume servic…

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Ola, Uber switch gears to get on to Covid-19 duty in India

When the nationwide lockdown was announced, Ola and Uber cab drivers suddenly found themselves ‘alm…

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Bhavish Aggarwal gives 500 Ola cabs to transport doctors and medical workers during coronavirus

The Deputy Chief Minister of Karnataka confirmed the news on Twitter. Considering that …

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Ola, Swiggy, Paytm dole out benefits for drivers, delivery agents and employees in the testing times of Coronavirus

With the spread of Coronavirus, a lockdown has been announced in 75 districts of India. Millions of…

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When Bhavish Aggarwal told his parents he wanted to start Ola, they replied, “why don't you open a travel agency?”

Fresh out of IIT Mumbai and working in the plush offices of Microsoft, Bhavish Aggarwal wasn’t happ…

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Ola will be operational in London from February 10

Indian ride-hailing platform Ola is all set to capitalise on Uber’s exit in London. It will be oper…

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This year, Ola riders saved over ₹20 crore by sharing their rides says company study

Ola released its 2019 report which shows that it provided discounts worth ₹20.87 crore – enough for…