Latest News on Ola
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Ola - Total results - 448
Apr 22, 2019
Ola in talks with luxury carmakers Audi, Mercedes and BMW for subscription-based self-drive servicesOla has been running a small-scale pilot of the self-drive service in Bengaluru currently, and is expected to launch the offering in the next few weeks through Ola Fleet Technologies
Apr 12, 2019
Sachin Bansal plans to acquire majority stake in Bengaluru-based microfinance firm, may take role of CEOSachin Bansal is planning to pick up as much as 75 percent stake in Bengaluru-based Chaitanya Rural Intermediation Development Services
Mar 28, 2019
Honda, Hino to join SoftBank-Toyota partnership's self-driving car service project; to take 10% stake in ventureThe new investment from Hino and Honda would leave SoftBank with a 40.2 percent stake in Monet, down from just over 50 percent when the venture was formed. Toyota will hold a 39.8 percent stake.
Mar 25, 2019
Ola ban in Karnataka revoked, fined for running motorcycle taxis without permissionOla's permit, valid through 2021, allows it to run three and four-wheeler taxis in Karnataka.
Mar 24, 2019
Karnataka open for talks with Ola to avoid ban and allowing Uber an advantageKarnataka issued a notice to suspend Ola's license for six months for violating government rules.
Mar 23, 2019
Ola banned for six months in Karnataka for violating government rulesOla banned for running motorcycle taxis in Karnataka, misusing the license granted by the authorities.
Mar 22, 2019
Karnataka govt suspends Ola's licence across state for six months as company flouts cab aggregators normsIn February last year, the state transport department had asked Ola to stop its bike taxi services with immediate effect after a complaint.
Mar 19, 2019
Hyundai, Kia invest $300 million in Ola to develop electric vehicles ecosystem, smart mobility solutionsThe partnership will offer Ola drivers various financial services, including lease and instalment payments, while vehicle maintenance
Mar 08, 2019
South Korean automaker Hyundai Motor in talks with Ola, may invest $250 million in latest funding roundThe deal, which is at advanced stages of discussion, is likely to close in next few weeks. The investment will give Hyundai about a 4 percent stake in Ola
Mar 05, 2019
Fleets such as Ola, Uber are the best way towards popularisation of electric vehicles: Anand MahindraWhen fleets start using electric vehicles, economies of scale is created in the industry as the cost of these vehicles come down when more people buy them, he said.