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Ola Electric shares surge nearly 16 percent

Ola Electric Mobility shares rose nearly 16 percent following the announcement of its entrance into…

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Ola shuts it used car and quick commerce businesses

Ride-hailing platform Ola has shut down its used vehicle business Ola Cars as well as Ola Dash, its…

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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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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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Ola's talent acquisition head Shikharr Sood quits too

Shikharr Sood, the head of Ola's Talent Acquisition, and in charge of talent acquisition for the en…

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Ola likely to lay off nearly 1K employees to ramp up EV plans

As Bhavish Aggarwal-owned Ola is aiming to ramp up its electric vehicle business, the ride-hailing …

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Ola Electric’s HR Director quits after fourteen months as top executives depart

According to sources, Kondeshan would depart from Bhavish Aggarwal-run electric mobility company o…

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Ola’s battle for ride hailing supremacy in India is quickly draining its bank account

As the old saying goes, “uneasy lies the head that wears the crown”. Fending off Uber’s advanc…

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Apple App Store drives $519bn in sales in 2019, mobile commerce leads

Cupertino, June 16 (IANS) Apple App Store facilitated $519 billion in commerce and sales globally i…

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Bleeding bad: Ola roughly spent Rs 4 for every rupee earned during 2015-16

"They spent almost Rs 8.5 for every rupee earned in 2014 -15. That number is down to almost Rs 4 fo…

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How safe are your e-commerce transactions?

India has long been a global hub for ITES and BPO services. Huge amounts of institutional data have…