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The initiative is part of Uber AI Solutions, the company’s global unit that supports work in areas ranging from training self-driving cars and augmented reality systems to assisting generative AI projects.
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India’s ride-hailing sector faces regulatory uncertainty due to conflicting GST interpretations, disrupting innovation, funding, and compliance. A clear, consistent tax framework is essential to ensure fairness, transparency, and growth
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In today’s episode of Tech3 by Moneycontrol, Apple doubles down on India with a massive office lease and a new retail store in Bengaluru. Ola Electric’s Bhavish Aggarwal says the company’s mojo is returning with homegrown cells and ferrite motors. Swiggy splits its finance function between food delivery and Instamart. Nasscom raises red flags on RBI’s draft forex compliance rules. And Agentic AI is helping India’s GCCs cut pilot timelines from months to just 90 days.
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Founder and CEO Bhavish Aggarwal is convinced that success in the electric vehicle (EV) sector hinges on a technology-driven, vertically integrated approach, much like Elon Musk’s Tesla and China’s BYD. In response to the increasing complexities of global supply chains exacerbated by geopolitics, Ola Electric is manufacturing everything in-house—from battery cells and rare earth-free motors to scooters themselves.
The Ola Gigafactory in Krishnagiri boasts a production capacity of 5GWh, capable of producing between 1 lakh and 2 lakh cells daily, with around 40 cells required for each scooter.
During the visit, Aggarwal guided Moneycontrol’s Chandra R Srikanth through the intricate cell manufacturing process, while candidly addressing questions on market share, user feedback, competitive dynamics and lessons drawn from the public markets.
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'The best companies in the world are always built in public markets... the rigour comes in from public market scrutiny,' Aggarwal tells Moneycontrol
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The changes include auto-application of free delivery and upfront disclosure of all charges in line with practices adopted by rivals such as Blinkit
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Compare real-time prices of cabs and groceries across Uber, Ola, Blinkit, Zepto, and more using one simple Android app called Comparify.
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Despite the legal requirement, many drivers remain unaware of such coverage, and even those who are aware often lack access to formal policy documents or clear instructions on how to make a claim, say experts.
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The Motor Vehicle Aggregator Guidelines, 2025, mandate 80% fare to drivers. From fare caps to stricter driver checks, here’s how MVAG 2025 will reshape the ride-hailing game.
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The move is likely to hike the cost of travel at a time when some states are enforcing a strict fuel ban on old vehicles, adding to anxiety over rising cost pressures
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Karnataka transport secretary NV Prasad told Moneycontrol that the government has received complaints of fare hikes by app-based autos after the bike-taxi ban and will take strict action.
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About 1,794 shares advanced, 2,113 shares declined, and 175 shares were unchanged.
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Around 2.41 crore shares of Ola Electric Mobility, equaling 0.55 percent of the total equity in the firm, worth Rs 107 crore was exchanged at Rs 44 per share.
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Industrialists slam the ban, accuse the government of giving into taxi unions. Bike taxis are essential for last-mile connectivity, affordable commuting and job creation in traffic-congested cities like Bengaluru, they say
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The ban has come into effect from June 16 due to the absence of a formal regulatory framework allowing use of privately registered two-wheelers for commercial purposes. The ban seems counterproductive as most urban cities have become quite dependent on these bike taxi services
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The kicking-in of the bike taxi ban in Karnataka has left users stranded, riders scrambling for alternatives and platforms hustling to retain their fleets with delivery gigs.
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Currently, Kruti AI is integrated only with the Ola group for services like cab booking and food ordering. However, Krutrim plans to make it a cross-platform personal assistant that cuts across app silos.
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Guntupalli said Rapido alone accounts for 5 lakh rides in the state, creating 1.5 lakh daily jobs, and that an estimated 8 lakh rides happen in the state across players
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For many commuters, the in-app tipping trend feels like digital déjà vu of the street-side haggling they hoped to escape.
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Uber will not be offering ride-hailing services through ONDC at this stage, much like its primary competitor in India – Ola.
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Ather Energy became the second electric two-wheeler company to go public after Ola Electric Mobility floated its Rs 6,145-crore IPO last August.
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The move comes as ANI Technologies, the parent company of Ola Cabs, has initiated preliminary discussions with investment banks to evaluate the potential launch of an IPO of the ride-hailing business
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On April 3, Union Commerce Minister Piyush Goyal drew parallels between Indian and Chinese startups and said the companies at home lack innovation
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The total pledged value of Aggarwal's Ola Electric shares is approximately Rs 603 crore at the current share price of Rs 56.37 on the NSE.
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This comes barely a month after Ola founder Bhavish Aggarwal announced an investment of Rs 2,000 crore into his AI venture, with a commitment of Rs 10,000 crore by next year.
