Ola and Uber launch bike taxi services in Bengaluru

March 3, 2016

Bengaluru, Mar 3: On demand transportation providers Ola and Uber have announced the launch of bike taxi pilots in Bengaluru on the same day, starting at a minimum fare of Rs. 15, for UberMoto, and Rs. 30 for Ola Bikes.

olabikeUberMoto has been launched at Rs. 3 per kilometre, and Rs. 1 per minute of trip time, while Ola bikes are available at an introductory fare of Rs. 2 per km and Re. 1 per minute of trip time.

Ola app lists Bikes as the first option on its app, though we weren't able to find any available bike taxis in the vicinity. The UberMoto option wasn't available on the app at the time of filing, and the company said that will go live on Thursday.

In an emailed statement, Ola said that bike taxis will offer the same features as its cab service, including includes driver details displayed upfront, SOS, live tracking and seamless payment using Ola Money. Additionally, all pillion riders will be provided with helmets as mandated for their safety.

Uber said that it offers GPS tracking, 2-way feedback, and the ability to share trip details with family and friends. It is also taking registrations from people who own motorbikes and scooters to become drivers on the platform and recoup the costs of their trips.

Uber had launched its first motorcycle scheme in Thailand's capital Bangkok a week ago, where it competes with GrabTaxi, which already lets users book motorcycle taxis in some South East Asian countries.

"This will help users get to where they want to be within minutes, especially in traffic prone cities like ours," said Pranay Jivrajka, Chief Operating Officer at Ola. "We expect significant demand in the pilot phase and we will continue to scale this service up in the coming weeks to cover more areas in the city and serve more users."

"Enabling transportation at the push of a button, UberMoto will offer another affordable mobility option that will help people save time and money while helping cut congestion in our cities over time," said Amit Jain, President, Uber India.

Other startups operating in the two-wheeler on-demand taxi space include Baxi and M-taxi, which operate in Haryana, the second state in India to allow bike taxis as a mode of public transport.

HeyTaxi, which operates as a ride share and on demand delivery service in Mumbai and Bengaluru was reportedly told by the Mumbai's RTO division to shut down as it lacks government sanction, but is currently operational all across Mumbai, said Vikram Lakhotia, in an email to Gadgets 360. The app was functional and accepting bookings at the time of writing.

Comments

Priyanka Sharma
 - 
Thursday, 3 Mar 2016

for bike tax also need to put two helmets, it wont run with helmet.

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News Network
March 5,2020

Bengaluru, Feb 5: New Tulu movie Pingara has bagged the NETPAC International Jury Award at the 12th edition of Bengaluru International Film Festial (BIFFes) on Wednesday.

Written and directed by Preetham R Shetty, the movie revolves around people who worship daivas (spirits) of Tulu Nadu.

The narrative goes back and forth in time, to tell the story of a family to Sinchana (Chaitanya Chandramohan), a journalist from Bengaluru who visits a village in Tulu Nadu to ‘write on Tulu culture.’

The film speaks about the caste system in Tulu Nadu and the struggle for land in the post-independence period.

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KT
April 12,2020

Apr 12: The board and management of troubled NMC Healthcare should be held accountable for the financial irregularities, said Abdulaziz Al Ghurair, chairman of the UAE Banks Federation.

"Banks have dealt with the exposure professionally and they lent to a company which was listed on FTSE-100 index with world-class regulator and the world's largest audit firm doing their audit. Even if they present their balance sheet today, people will still lend to them. This is a world-class fraud and the management and board members should be held accountable. We should have a different track to handle this company. It is not a normal track that we can go," Al Ghurair said during a virtual press conference on Sunday.

It is estimated that the more than 80 local, regional and international banks have exposure to healthcare firm. The UAE bourses had asked all the listed companies in the UAE to announce their exposure. The UAE banks last week announced nearly Dh10 billion exposure to NMC Healthcare, which is owned by the billionaire BR Shetty.

Abu Dhabi Commercial Bank has the highest exposure to NMC at Dh3 billion. Dubai Islamic Bank and its subsidiary Noor Bank announced Dh2 billion exposure while Emirates NBD and its Shariah-compliant unit Emirates Islamic Bank revealed Dh747.34 million exposure. Ajman Bank has Dh151.8 million while Al Salam Bank pegged its exposure at Dh161.5 million. All these lenders revealed their exposure for the first time on Sunday.

Abu Dhabi Islamic Bank said it had extended Dh1.07 billion in financing to NMC Healthcare, and an additional Dh113.67 million exposure to Islamic bonds issued by NMC.National Bank of Fujairah pegged its exposure to NMC at Dh289.1 million, while Sharjah-based United Arab Bank said its exposure was Dh135.3 million.

NMC recently revised its debt position to $6.6 billion, well above earlier estimates.

London's High Court last week placed hospital operator NMC Health into administration, on the application of Abu Dhabi Commercial Bank.

"I know leading bank in UAE have already legal guardian of the company so now management cannot hide anything. The new team will manage and discover what happened," said Al Ghurair.

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News Network
May 27,2020

Mangaluru, May 27: The Dakshina Kannada PU College Principals' Association on Wednesday appealed to the authorities to postpone the evaluation of PUC II answer scripts, as the Novel Coronavirus was still active and there was all possibility of the infection spreading.

Speaking to reporters here, Association President Umesh Karkera said, ''It is our duty to evaluate the answer scripts. But amid the fear of COVID-19 and lockdown, evaluators are not able to reach the valuation Centre to take up the work.

''The department of pre-university education has asked the Deputy Chief Examiners and the Assistant Examiners to reach the venue on May 27 and 29, respectively, to take up the evaluation work.

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