Ola's decision to go international was backed by the potential to earn higher revenues with lesser cash burn in developed markets as compared to India.

The world's largest ride-hailing service reached a major milestone when Uber priced its long-awaited initial public offering at $45 price per share to set the stage for its stock to begin trading

There is 40% growth in dating related searches. It is much faster than the matrimony queries. On the other hand, Pizza is a favourite among Indian consumers when ordering online

Uber India restructuring: Integrating two regions will synergise the ridership business. Uber Lite that was launched in India was eventually released in 20 other countries.

Investment bankers had previously told Uber it could be worth as much as $120 billion. Uber would be the largest initial public offering since that of Chinese e-commerce company Alibaba Group Holding Ltd in 2014, which raised $25 billion

The gig economy is helping companies convert what could have been a fixed cost structure into a variable one

Honda Motor Co., Toyota's rival, and Hino Motors, Toyota's truck division, said Thursday each company will acquire a 9.9 per cent stake in the USD 20 million Toyota-SoftBank venture Monet Technologies Corp

\"It's a temporary suspension and if they give us a satisfactory response, then we won't need to implement the ban,\" says a government official.

India is emerging as one of the largest gig economies thanks to technology and digital economy.

Drivers for the ride-hailing company argued in the lawsuit that they are employees, not independent contractors, as Uber has classified them, and therefore entitled to certain wage protections and reimbursement for their expenses.

Flipkart has also tied up with Bajaj Finserv to offer no-cost EMI options throughout the Women's Day sale period.