Ola, Porter, Uber, Dunzo score poorly on fairness ratings by Gig workers; BigBasket highest
Key findings reveal Bigbasket, Flipkart, and Urban Company are the only platforms with a minimum wage policy
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Tata Motors to supply 25,000 EVs to Uber
Tata Motors says it will aid Uber in electrifying their services across Delhi NCR, Mumbai, Kolkata, Chennai, Hyderabad, Bengaluru and Ahmedabad.
Uber, Dunzo, Ola, PharmEasy score lowest in providing fair conditions to gig workers
In minimum standards of fair work, Urban Company scored the highest 7 out of 10, followed by Bigbasket, Flipkart, Swiggy and Zomato.
FY23: Race for Record Auto Sales
Price hikes and higher interest rates have failed to come in the way of India's love for cars.
Tiger Global trims stake in Zomato after Uber’s exit; stock edges higher
Tiger Global sold 18 crore shares of Zomato after the one-year lock-in period ended last month; shareholding in the company reduced to 2.77%.
Zomato share dives 10% on Uber stake sale report
Uber plans to sell its entire 7.8% shares in Zomato at ₹48-₹54 apiece, a discount of 2.8-13.6% to Tuesday’s closing price of ₹55.60 on the BSE.
Consumer rights regulator sends notices to Ola, Uber for unfair trade practices
2,482 grievances were registered by consumers against Ola and 770 grievances were registered against Uber from April 1, 2021 to May 1, 2022.
Govt raises issue of cancellation charges with Ola, Uber
The Centre advised cab aggregators to respond to the concerns of commuters with utmost priority.
Gig economy: Good for companies, bad for workers
Gig work, at lower end of the skill chain, is low-paying, with no social security and job protection; it worsens social and financial health of workers, damaging the economy’s growth prospects.
“Failed a few times, but learnt from them, still took risks”
“If you are in a disruptive industry, businesses don’t scale in a linear way. There comes a moment when you have the right product at the right price point with the right value proposition."
