Resuming of Ola and Uber operations will provide livelihood relief to drivers on the two platforms. However, reviving demand is likely to be a huge challenge for SoftBank-backed ride-hailing companies.
The court posted the petitions for further hearing after eight weeks. It also said that the government's assurance not
to take any coercive action against Ola and Uber drivers till the further court order would continue.
Automakers, ride-hailing firms and tech startups have been forging loose alliances in an effort to advance self-driving technology and claim a piece of what is expected to be a multi-billion-dollar business.
Nitin Gadkari, Minister of Road Transport and Highways hinted that government is working on introducing mobile app based taxi services which will increase the employment opportunity and will also support small/medium scale ca
Ride hailing company Uber has begun providing helicopter service in Brazil's biggest city. Uber's communications director in Brazil said Tuesday that it has started a monthlong trial of the Ubercopter service between airports
The ride-hailing apps that are now part of daily life from New York to New Delhi and London are usually used to summon cars. Jakarta, the world's sixth-largest urban sprawl and by some measures the most car-clogged, needed so
The investment by China Life - the largest insurer in the Asia-Pacific region by market value - included equity of $300 million and a long-term borrowing commitment of $305 million, the companies said in a statement.