Skip to content
Search

Latest Stories

INDIAN CAB SERVICE PROVIDER OLA TO START ITS OPERATION IN BRITAIN

INDIAN ride-hailing company Ola announced on Tuesday that it is to launch services in Britain, expanding its foray abroad and intensifying its battle with US rival Uber.

Britain will be Ola's second venture into a foreign market after it started operations in Australia in February.


Ola said in a statement that it had obtained licenses to operate in South Wales and Greater Manchester.

It said it would start the South Wales operations within the next month and was inviting private vehicle owners and taxi drivers to partner with it.

"Ola is excited to announce its plans for the UK, one of the world's most evolved transportation markets," co-founder Bhavish Aggarwal said in the press release.

Ola plans to expand its services across Britain, where Uber already has a presence, by the end of the year, the company added.

Ola was launched in 2011 and claims to handle around a billion rides a year across India's major centres and seven cities in Australia.

Ride-hailing apps are booming in India despite stiff opposition from traditional taxi firms and some initial concerns about passenger safety.

Ola and Uber are locked in an aggressive fight for a greater share of India's taxi-app market, which is estimated to be worth around $10 billion.

Both companies are backed by Japan's SoftBank Group and recently ventured into the food delivery business, further intensifying their rivalry.

More For You

ArcelorMittal

The agreement is designed to help ArcelorMittal strengthen the long-term competitiveness of its French steel production

iStock

ArcelorMittal, EDF seal 18-year nuclear power supply deal in France

Highlights

  • EDF to allocate part of its nuclear fleet capacity to ArcelorMittal for 18 years.
  • First electricity deliveries began on 1 January 2026.
  • Deal supports low-carbon steel production, competitiveness and energy sovereignty.
ArcelorMittal and EDF have signed a Nuclear Power Production Allocation Contract (CAPN) to secure a long-term supply of low-carbon electricity for ArcelorMittal’s sites in France.
The agreement was signed on 26 December 2025 and represents a significant step in the steelmaker’s energy strategy in the country.

Under the contract, EDF will allocate a share of the capacity of its operating nuclear fleet to ArcelorMittal for a period of 18 years.

The arrangement follows a letter of intent signed by the two companies in January 2024 and aims to provide stable, competitive and low-carbon electricity to support industrial operations.

Keep ReadingShow less