Ola Electric's Bhavish Aggarwal Sells Stake Portion
Ola Electric founder Bhavish Aggarwal sells part of his stake to release promoter-level share pledges. Details on the strategic financial move and its implications for the EV giant.
Category : Search result: Uber Ola duopoly
Ola Electric CEO Sells 2.62 Crore Shares in Bulk Deal
Ola Electric CEO Bhavish Aggarwal sold over 2.62 crore equity shares on December 16, 2025. Get the latest details on this major stake sale and its market implications.
Market Slumps 0.6%, Rupee Hits 91; OLA, Axis Bank Plunge
Indian stock markets fell sharply on December 16, with Sensex and Nifty down 0.6%. The rupee breached 91/USD. OLA Electric, Axis Bank, PB Fintech led the losers. Read the full analysis.
IndiGo's Flight Chaos Demands Antitrust Scrutiny, Sector Overhaul
IndiGo's mass flight cancellations stranded passengers, spiked fares, and revealed regulatory weakness. This editorial calls for antitrust action, market reforms, and a push for a domestic aircraft program to break the Airbus-Boeing duopoly.
FIR Against Ola, Rapido for Illegal Bike-Taxis in Mumbai
Amboli Police registers FIR against Ola and Rapido for running illegal petrol bike-taxis in Mumbai. RTO officer's complaint highlights safety and permit violations. Details inside.
Ola Electric's Tough Road: Sales Slump, New Bets & Fundraising
Ola Electric slashes revenue forecast by a third, sees sales plummet 43%. Can Bhavish Aggarwal's pivot to battery storage and Gen 3 scooters turn the tide? Read the full analysis.
TDP Defends Aviation Minister Over IndiGo Crisis
Union Minister Kinjarapu Rammohan Naidu faces online trolls over IndiGo crisis. TDP colleagues in Parliament defend his actions, citing control room setup and probe. Read more.
Congress Blames Govt for IndiGo Chaos, Cites Duopoly Push
Congress accuses BJP government of creating aviation duopoly leading to IndiGo crisis. Opposition says PM Modi's promise of ease of air travel has failed. Read full analysis.
Chidambaram: IndiGo crisis a duopoly problem, backs competition
Senior Congress leader P. Chidambaram calls the IndiGo crisis a symptom of market duopoly, advocating for a more competitive aviation sector to benefit consumers.
Ola Electric Shares Crash to All-Time Low of ₹34.81
Ola Electric stock hits record low, down 51% from September high. Company slashes sales guidance amid intense competition. Will the new energy storage business help?
Micron Ends Crucial RAM Sales, AI Shift Impacts Consumers
Micron discontinues its budget-friendly Crucial brand to focus on AI, leaving Samsung & SK Hynix in control. RAM & SSD prices may surge. Full analysis inside.
Ola Pauses Food Delivery Service, Removes Foods from App
Ola has paused its cloud kitchen and food delivery operations, removing the 'Foods' section from its app. The service, which also operated via ONDC, has stopped accepting orders. Read the full story for details.
Ola Electric's 12% Unallocated Costs Aid Ebitda Profit
Ola Electric's accounting move to classify 12% of costs as unallocated helped its auto segment show an Ebitda profit. Experts flag the high percentage, unseen in peers. Read more.
Maharashtra files cases against Rapido, Uber for illegal bike taxis
Maharashtra Transport Minister Pratap Sarnaik directs action against app-based bike taxi firms like Rapido & Uber for illegal operations, citing passenger safety risks. Read the full story.
Uber India Director Booked Over Fatal Mulund Accident
Navghar police file case against Uber India director for alleged Motor Vehicles Act violations after a woman's death in a Mulund truck-bike collision. Details on the case and regulatory breaches inside.
Bharat Taxi: Driver-Owned Ride-Hailing App Launches
India's first driver-owned mobility cooperative, Bharat Taxi, launches to challenge Ola and Uber. Check its key features, cooperative model, and how it benefits drivers.
Ola Rolls Out Non-AC Rides Across India
Ola Consumer launches non-AC rides pan-India, offering a cheaper alternative to air-conditioned cabs. The new category aims to boost affordability and accessibility for daily commuters.
Ola Electric Sales Plunge, GST Cut Hurts EV Pricing Edge
Ola Electric's November sales hit lowest since Feb 2025. GST cut on ICE vehicles erodes its price advantage. Stock near all-time lows as focus shifts to new battery business. Read the full analysis.
India's Battery PLI Scheme Delays Prompt Govt Rethink
India's ambitious battery manufacturing push faces significant delays with only 1.4GWh of 50GWh target achieved. Government considering deadline extensions and relaxed localization norms for PLI-ACC scheme beneficiaries.
Uber Bike Rider Harasses Delhi Woman Over Fare Dispute
A Delhi woman faced 1.5 hours of harassment from an Uber bike taxi driver after a fare dispute. The driver used a personal UPI instead of app payment and refused to end the ride. Read this shocking safety incident.
Flight Cheaper Than Cab in NCR, Viral Post Reveals
A viral social media post shows a Delhi to Leh flight costs ₹1,540, while a Gurugram to Greater Noida cab ride is ₹1,952.61. Discover why cab fares are soaring in NCR.
Woman alleges assault by Uber driver in Delhi
Bharati Chaturvedi shares harrowing Uber assault experience in Delhi. No immediate help from Uber safety team or Delhi Police. Raises serious questions about women's safety.
Uber driver removed after assaulting Delhi woman
Delhi environmentalist Bharati Chaturvedi assaulted by Uber driver over route dispute. Uber removed driver from app. Police response failure exposed. Safety concerns raised.
Uber India value surges 41% amid battle with Ola, Rapido
Uber India's share value jumps 41% to ₹2,022.85, cementing its lead over Ola with 45% market share. Discover how the cab aggregator war is reshaping India's transport landscape.
Uber Auto Driver Assaults Activist, Police Helpline Fails
Environmental activist Bharati Chaturvedi assaulted by Uber Auto driver in Delhi. Police emergency number 100 unanswered. Uber removes driver from platform.
Uber launches driverless robotaxis in Abu Dhabi
Uber partners with WeRide to launch Middle East's first commercial driverless robotaxi service in Abu Dhabi, marking global expansion of autonomous vehicles.
8 Uber drivers arrested during protest over earnings in Bengaluru
Bengaluru police arrested 8 Uber drivers during protests over low earnings and differential treatment. Drivers gathered at Uber Partner Seva Kendra demanding fair pay structure.
Bengaluru cabbie buys food for hungry passenger
A Bengaluru Uber driver's simple act of buying sandwiches for a hungry female passenger moved her to tears and went viral online. Read this heartwarming story of kindness.
Karnataka Bike Taxi Drivers Appeal to Transport Minister
Karnataka bike taxi drivers request a personal hearing with the transport minister following the state's ban. Uber, Ola, and Rapido challenge the order in court. Next hearing set for November 24.
Uber sued over AI pay systems exploiting drivers
Uber faces collective legal action over AI-driven dynamic pay systems. Worker Info Exchange alleges transparency issues and GDPR breaches affecting driver earnings.
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