Skip to content 
Search

Latest Stories

India’s Ola to start service in London soon

INDIAN start-up Ola Cabs has said on Tuesday (26) that it has started to register drivers before launching commercial operations in London.

According to company sources, the Bhavish Aggarwal-led company is inviting tens of thousands of private hire vehicle (PHV) drivers who are allowed to work for ride-hailing companies across London.


The drivers asked to register themselves on the company platform, as it aims to launch its service in the city in the near future.

The company said in a statement: "Ola has begun registering licenced drivers in London as it prepares to launch operations in the city. With this, over 50,000 licensed drivers will be able to join Ola and provide mobility services in London.”

"Ola is recognised for its collaborative approach, working with national governments and local authorities, to help solve transport issues. The company has passed all regulatory audits so far, adhering to safety standards that are similar to those of TfL (Transport for London)."

The latest announcement has come a day after Ola’s US rival, world’s largest ride hailing application, Uber, got its commercial licence cancelled in the British capital.

The Bengaluru-based firm has already been operating its services in the UK cities, including Birmingham, Bristol, and Liverpool after it began its UK operations last year in Cardiff.

The firm has driven into foreign markets such as Australia, New Zealand, apart from Britain.

Ola’s service is available in over 250 major cities.

Uber’s commercial licence was revoked by TfL.

The move came after almost 14,000 trips were made by drivers with fake identities on the company’s platform.

This was the second time Uber lost its licence in the British capital in the last 36 months.

More For You

Bangladesh seeks US deal to shield garment industry from tariffs

Workers are engaged at their sewing stations in a garment factory in Savar, on the outskirts of Dhaka, on April 9, 2025. (Photo by MUNIR UZ ZAMAN/AFP via Getty Images)

Bangladesh seeks US deal to shield garment industry from tariffs

BANGLADESH, the world's second-biggest garment manufacturer, aims to strike a trade deal with the US before Donald Trump's punishing tariffs kick in next week, said the country's top commerce official.

Dhaka is proposing to buy Boeing planes and boost imports of US wheat, cotton and oil in a bid to reduce the trade deficit, which Trump used as the reason for imposing painful levies in his "Liberation Day" announcement.

Keep ReadingShow less
UK business district
The Canary Wharf business district including global financial institutions in London.
Getty Images

Bond yields ease following Starmer’s support for Reeves

THE COST of UK government borrowing fell on Thursday, partially reversing the rise seen after Chancellor Rachel Reeves became emotional during Prime Minister’s Questions.

The yield on 10-year government bonds dropped to 4.55 per cent, down from 4.61 per cent the previous day. The pound also recovered slightly to $1.3668 (around £1.00), though it did not regain all its earlier losses.

Keep ReadingShow less
modi-trump-getty
Modi shakes hands with Trump before a meeting at Hyderabad House in New Delhi on February 25, 2020. (Photo: Getty Images)
Getty Images

Indian exporters watch closely as Trump says trade deal with India likely

THE US could reach a trade deal with India that would help American companies compete more easily in the Indian market and reduce tariff rates, President Donald Trump said on Tuesday. However, he cast doubt on a similar deal with Japan.

Speaking to reporters on Air Force One, Trump said he believed India was ready to lower trade barriers, potentially paving the way for an agreement that would avoid the 26 per cent tariff rate he had announced on April 2 and paused until July 9.

Keep ReadingShow less
Kolhapuri sandal sales surge in India post Prada controversy

Customers shop for 'Kolhapuri' sandals, an Indian ethnic footwear, at a store in New Delhi, India, June 27, 2025. REUTERS/Adnan Abidi

Kolhapuri sandal sales surge in India post Prada controversy

INDIAN footwear sellers and artisans are tapping into nationalist pride stoked by the Prada 'sandal scandal' in a bid to boost sales of ethnic slippers with history dating back to the 12th century, raising hopes of reviving a struggling craft.

Sales are surging over the past week for the 'Kolhapuri' sandals that have garnered global attention after Prada sparked a controversy by showcasing similar designs in Milan, without initially crediting the footwear's origins.

Keep ReadingShow less
UK business district
The Canary Wharf business district including global financial institutions in London.
Getty Images

Economy grew 0.7 per cent in Q1 2025, fastest in a year

THE UK economy expanded at its fastest pace in a year during the first quarter of 2025, driven by a rise in home purchases ahead of a tax deadline and higher manufacturing output before the introduction of new US import tariffs.

Gross domestic product rose by 0.7 per cent in the January-to-March period, the Office for National Statistics (ONS) said, confirming its earlier estimate. This was the strongest quarterly growth since the first quarter of 2024.

Keep ReadingShow less