Ola Lost About Rs. 6 Crores a Day in 2015, Filing Reveals

SoftBank-backed cab aggregator Ola posted a consolidated loss of over Rs. 2,311 crores – about Rs. 6 crores a day – during fiscal 2015-16, on account of heavy advertising and promotional expenses and high employee cost. The Bengaluru-based firm, which is locked in an intense battle for leadership with US-based Uber, has seen its losses More...

by Loknath Das | Published 3 months ago
By subhadip On Monday, December 12th, 2016
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Gionee P7 with 5’ HD display launches in India for Rs 9,999

Gionee has launched the P7 Max Android smartphone in India at a price of Rs 9,999. The P7 is another addition to Gionee’s ‘P’ series after the company unveiled the P7 Max a few months ago in India. The P7 More...

By subhadip On Monday, December 12th, 2016
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Samsung to remotely disable the Galaxy Note 7

While Samsung has made it very clear to the customers of the Galaxy Note 7 that the device is unsafe to use, there are quite a few users that are still operating the device. Given that it’s still a major liability More...

By subhadip On Monday, December 12th, 2016
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HTC 11 to come with 8GB RAM and Snapdragon 835 chip?

The HTC 10 is one of the best looking Android phones selling in the industry today. According to a new report, the successor will be even better. It is said that the HTC 11 will feature an incredibly powerful hardware More...

By subhadip On Thursday, December 1st, 2016
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Nokia dials back time to sell mobile phones again

Nokia-branded mobile phones are on sale, once again, and being marketed on the Finnish company’s website. For now, the range is limited to some pretty basic models, but that should change when Android-powered More...

By subhadip On Friday, October 28th, 2016
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Scientists fly high to tackle rising air pollution levels

Scientists have taken to the skies as part the most comprehensive ever assessment of Britain’s air pollution. Researchers from the Natural Centre for Atmospheric Science are flying through the plume of pollution More...

By subhadip On Friday, October 28th, 2016
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Twitter axes video app: What are the most watched Vines?

Twitter has announced it is closing its six-second video sharing app Vine. In a blog, the video platform said “nothing is happening to the apps, website or your Vines today” but that it would not function in More...

By subhadip On Friday, October 28th, 2016
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Apple hikes UK computer prices by around 20%

Apple has upset customers by raising its computer and laptop prices by around 20%. In the latest blow to UK shoppers since the decision to leave the European Union saw the pound start to slide, the computer-maker More...

By subhadip On Friday, October 28th, 2016
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Will Uber row slow the smartphone revolution?

Uber likes a fight – ask its competitors, as well as various law courts around the world. Then again, so does the GMB union. So this case, about whether Uber drivers are workers (with the rights that status More...

By subhadip On Friday, October 28th, 2016
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Uber drivers should get holiday pay and minimum wage, tribunal rules

The drivers claimed that the private hire firm acted unlawfully by denying them sick pay, a guaranteed minimum wage, holiday pay and breaks. The London Central Employment Tribunal ruled in their favour, a More...