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Is the car-leasing strategy of Ola, Uber working?

TMT

04 September, 2017

Is the car-leasing strategy of Ola, Uber working?

Ride-hailing firm Ola has secured a loan of Rs 1,000 crore from Yes bank to finance its cab-leasing business. Ola ......

Ola's cab-leasing arm gets Yes Bank loan for fleet expansion

TMT

04 September, 2017

Ola's cab-leasing arm gets Yes Bank loan for fleet expansion

Ola Fleet Technologies Pvt. Ltd, the cab-leasing arm of taxi aggregator Ola, has secured a term loan of Rs 1,000 ......

Hope to make ‘peace' between Uber, Ola at some point: SoftBank Vision Fund CEO

TMT

01 September, 2017

Hope to make ‘peace' between Uber, Ola at some point: SoftBank Vision Fund CEO

The consumer Internet industry will always have scope for consolidation and there will be no room for a No. 3 ......

Benchmark's lawsuit against ousted Uber CEO Kalanick to go to arbitration

TMT

31 August, 2017

Benchmark's lawsuit against ousted Uber CEO Kalanick to go to arbitration

A Delaware judge on Wednesday stayed a lawsuit brought by Uber Technologies Inc investor Benchmark Capital against ousted Chief Executive ......

Uber under investigation in US for bribery law violations

TMT

30 August, 2017

Uber under investigation in US for bribery law violations

Uber Technologies Inc said on Tuesday it was cooperating with a preliminary investigation led by the U.S. Department of Justice ......

Uber to stop tracking riders after trips in privacy push

TMT

29 August, 2017

Uber to stop tracking riders after trips in privacy push

Uber Technologies Inc is pulling a heavily criticized feature from its app that allowed it to track riders for up ......

Between steep discounts and mounting losses, how much is Uber actually worth?

TMT

23 August, 2017

Between steep discounts and mounting losses, how much is Uber actually worth?

What is the true cost of an Uber ride?That simple question is often lost among the many controversies facing the ......

Investors mark down Uber's valuation by up to 15%

TMT

23 August, 2017

Investors mark down Uber's valuation by up to 15%

Four mutual fund companies have marked down their investments in Uber Technologies Inc by as much as 15 percent following ......

Uber India hires former AmEx exec Vishpala Reddy as chief people's officer

People

21 August, 2017

Uber India hires former AmEx exec Vishpala Reddy as chief people's officer

San Francisco-based cab-hailing major Uber Technologies Inc. has appointed former head of human resources at American Express India, Vishpala Reddy, ......

Former Uber CEO terms VC investor lawsuit a 'public and personal attack'

TMT

18 August, 2017

Former Uber CEO terms VC investor lawsuit a 'public and personal attack'

The ousted chief executive of Uber Technologies Inc rejected a lawsuit filed against him by one of the company's top ......