Tag Archives: Ola

Business News

Hyderabad Ola & Uber Cab Drivers Boycott Airport Rides – Find Out Why

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In a significant move, drivers associated with major ride-hailing platforms like Ola, Uber, and Rapido in Hyderabad have commenced a boycott of trips to the Rajiv Gandhi International Airport. This protest arises from longstanding concerns regarding the low fare structures enforced by these aggregator companies, which drivers argue have severely impacted their livelihoods.

Background of Hyderabad

The Telangana Gig and Platform Workers’ Union (TGPWU) has been at the forefront of advocating for fair fare policies. Despite multiple appeals to both the government and transport authorities for a uniform and equitable fare structure, drivers feel their concerns have not been adequately addressed. This dissatisfaction has culminated in the decision to boycott airport trips until their demands are met. ​

Drivers’ Grievances

The core issues highlighted by the drivers include:​

  • Unsustainable Earnings: The current fare structures result in earnings that drivers deem insufficient to cover operational costs and sustain their livelihoods.​

  • High Commission Rates: Drivers report that approximately 30% of their earnings are deducted as commissions by the aggregator platforms, further reducing their take-home pay. ​

  • Lack of Regulatory Support: Despite repeated representations, there has been a perceived lack of effective action from regulatory bodies to implement fair pricing policies. ​

Impact on Airport Transportation

While the boycott aims to pressure aggregator companies into revising fare structures, its immediate impact on airport transportation services has been mixed. Airport officials have claimed that services remain largely unaffected due to the vast number of drivers in the city. However, the growing support for the boycott indicates potential challenges for passengers relying on these services for airport commutes. ​

Union’s Stance

Shaik Salauddin, president of the TGPWU, emphasized the union’s commitment to advocating for drivers’ rights. He highlighted that the boycott is a necessary step to draw attention to the exploitative fare structures and to push for the implementation of a uniform fare policy that is fair to both drivers and passengers.

Conclusion

The ongoing boycott by Hyderabad’s ride-hailing drivers underscores the pressing need for a reevaluation of fare structures imposed by aggregator platforms. As the gig economy continues to expand, ensuring fair compensation and sustainable working conditions for drivers remains a critical concern that demands immediate attention from both companies and regulatory authorities.

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Business News

Bhavish Aggarwal of Ola mimics Elon Musk by requesting weekly briefings from his employees in “three to five bullet points”.

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In a move reminiscent of Elon Musk’s management style, Bhavish Aggarwal, co-founder and CEO of Ola, has launched an internal initiative titled ‘Kya Chal Raha Hai?’ (Hindi for “What’s going on?”). This program mandates that all employees submit weekly updates detailing their accomplishments in 3 to 5 bullet points. ​

Details of the Initiative of Bhavish Aggarwal

Aggarwal communicated this new requirement through an internal email, emphasizing the need for concise and clear reporting. Key points from the directive include:​

  • Content of Updates: Employees are to provide 3-5 bullet points summarizing their achievements from the previous week.​

  • Submission Process: Updates should be emailed to both the employee’s direct manager and a dedicated company address: 

  • Subject Line: Emails must have the subject: ‘Weekly updates’.​

  • Deadline: The initial update was due by the end of the announcement day, with subsequent reports expected every Sunday by end of day.​

Aggarwal stressed the importance of this practice, stating that “Everyone has to send this, no exceptions.” ​

Context and Comparisons

This initiative mirrors a recent policy implemented by Elon Musk in his role with the U.S. Department of Government Efficiency (DOGE), where federal employees were required to submit weekly reports outlining their accomplishments. Musk’s directive aimed to increase accountability and reduce inefficiency within government operations. ​

Employee Reactions and Social Media Buzz

The announcement has sparked varied reactions among Ola employees and the broader public. Some view it as a positive step towards transparency and productivity, while others perceive it as an unnecessary micromanagement tactic. Social media platforms have been abuzz with discussions, with some users drawing parallels between Aggarwal’s and Musk’s management styles. ​

Conclusion

Bhavish Aggarwal’s ‘Kya Chal Raha Hai?’ initiative underscores a growing trend among leaders to foster direct communication and accountability within their organizations. As Ola navigates its current challenges, including recent layoffs and market dynamics, such measures aim to streamline operations and reinforce a results-oriented culture.

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