Tag: Ola

Ola partners with Siemens for EV manufacturing facility

NEW DELHI: Ride-hailing major Ola on Wednesday said it has partnered with Siemens as it looks to rapidly build its upcoming electric vehicle manufacturing facility. This announcement comes on the heels of Ola’s Memorandum of Understanding (MoU) with the Tamil Nadu government to invest nearly Rs 2,400 crore towards building this facility. Ola said that […]

Facebook India hires ex-Ola COO as head for global biz group

NEW DELHI: Facing intense political heat in India, Facebook on Monday announced the appointment of former Ola Chief Operating Officer Arun Srinivas as director of its Global Business Group to lead the strategy and delivery of the India marketing solutions charter that is focused on large advertisers and agencies. Srinivas’ appointment comes after a series […]

Ola, Uber not ‘strong factor’ in auto sector slowdown: Maruti Suzuki

NEW DELHI: Millennials opting for ride hailing services like Ola and Uber may not be that strong a factor for the current slowdown in auto sales and a detailed study is needed to arrive at any conclusion in the contrary, according to a top official of the country’s largest carmaker Maruti Suzuki India. Ownership pattern […]

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