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    • Ola Cabs CFO Karthik Gupta steps down seven months after taking charge

      Before joining Ola, Gupta worked as the vice president and regional CFO of Asia Pacific, Middle East and Africa of Procter and Gamble for nearly 17 years.

    • Key priority for Ola is to electrify across ride-hailing services: CEO Hemant Bakshi

      The firm is planning to take its e-bike business nationally by the end of this year, and expects to complete 0.5 billion rides in 2024

    • Ola reports consolidated revenue of Rs 1,970 crore; losses mount to Rs 1,522 crore

      The company reported a consolidated loss of Rs 1,522.3 crore in FY22, up by around 36.3 percent YoY mainly on account of rise in its overall expenses

    • Vanguard marks down Ola again, pegs fair value at $3.5 bn

      Vanguard, which holds 166,185 shares of Ola or about 0.7 percent stake in the company, has pegged the fair value of its stake at $25,038,000, down from its acquisition cost of $51,748,000, the AMC's regulatory filings showed. This implies a valuation of $3.5 billion for Ola against its last private market valuation of $7.3 billion.

    • Ola to shut down its infotainment service Ola Play from November 15

    • Ola reports operating profit of Rs 90 crore for FY21, revenue dips to Rs 689.61 crore

    • Ola IPO | Bhavish Aggarwal likes walking down the Uber path, even to the Street

    • CCI approves Copper Tech's share subscription in Ola operator

    • Ola raises Rs 231 cr from Tekne Private Ventures

    • Ola to raise $100 mn to fuel expansion

    • Ola, Uber likely to get govt clearance soon, say sources

    • Former Vodafone CEO Arun Sarin picks up stake in Saavn

    • No diesel, only CNG cabs allowed to ply in Delhi: HC to Ola

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