Ola
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2X surge pricing: Why Ola, Uber rides will cost more during peak hours
Fp Explainers •The Centre has released new guidelines for ride-hailing platforms. Cab aggregators such as Uber, Ola and Rapido can now charge twice the base fare during peak hours, up from the previous 1.5 times. The new rules also allow these companies to operate private bikes as taxis

FirstUp: Meloni to host Nato’s Mark Rutte, UNGA vote on Gaza... The headlines today
Fp Explainers •Italian PM Giorgia Meloni will be hosting Nato General Secretary Mark Rutte in Rome today. UNGA will hold an emergency vote on a resolution demanding a ceasefire and humanitarian access in Gaza

Krutrim techie dies by ‘suicide’ in Bengaluru: Is toxic work culture to blame?
Fp Explainers •Nikhil Somwanshi, a 26-year-old techie, died allegedly by suicide on May 8. A recent graduate, he joined Ola's artificial intelligence (AI) arm, Krutrim, just 10 months ago. His death has brought the alleged toxic work environment at the firm to the limelight after a Reddit post blamed immense work pressure and verbal abuse by his manager for the tragic incident

Bhavish Aggarwal-led OLA deploys Krutrim's version of DeepSeek R1 for Indian developers
Fp Staff •Bhavish Aggarwal emphasised that while users need to be cautious when using the DeepSeek app due to data security concerns, its open-source model can be safely deployed on Indian servers to accelerate the country’s AI advancements

Ola’s Krutrim AI launches ‘open-source’ model to take on DeepSeek, to work closely with NVIDIA
Fp Staff •Krutrim AI Labs has already rolled out its latest language model, Krutrim-2, which boasts 12 billion parameters. According to the company, the model excels in handling Indian languages, achieving a near-perfect accuracy score on benchmarks like IndicXTREME and IN-22

WATCH: Bengaluru woman slapped, abused & threatened by Ola auto driver for cancelling ride
Fp Staff •The Ola auto driver slapped the Bengaluru woman in front of bystanders who remained passive and even threatened to beat her with his slippers

Ola Maps built on data copied from us, says MapmyIndia; false allegation, says Ola
•MapmyIndia owner has alleged that Ola copied data from the company’s map for an illegal motive for unjust commercial gains

Ola Electric to sack about 500 people for THIS surprising reason
Umang Sharma •Three-four teams of Ola Electric have already finalised the number of cuts as Bhavish Aggarwal has been persistently pushing to reduce costs across all avenues

Ola backed-Krutrim becomes India's first AI startup to get Unicorn status with $50 million funding
Fp Staff •Ola's Bhavish Aggarwal-backed Krutrim has raised $50 million in funding, with Matrix Partners India to become India's first AI startup to get the Unicorn status. Now, the company plans to expand beyond language models, venturing into the development of data centres

Ola Electric heads for two-wheeler stock market listing in what is India first EV IPO
Fp Staff •Ola is set to go for its IPO soon, which will make it India's first EV IPO. Ola Electric faces some major challenges, including lukewarm market interest in start-ups, high employee turnover, heightened competition from established manufacturers, and the expiration of government subsidies



