OLA Is Running Fake Account Racket To Harm Our Business, Says UBER

The Logical Indian

March 23rd, 2016 / 5:45 PM

Image Courtesy: ibtimes | forbes

The competition between the two biggest taxi-hailing companies Uber and Ola takes a new turn on Tuesday when the former accused Ola of adopting fraudulent practices causing huge losses to its local rival. Uber has told Delhi High Court that Ola has created over 90,000 fake accounts on Uber app and they are booking cabs and cancelling them later. For this, Uber has sought a compensation of Rs 50 crore in damages for losses.


OLA hits back
However, Ola has denied the charges made against them. They claim this to be Uber’s media gimmick. Uber calculated a total loss of Rs 496,164,780. They also claim that Ola has created a total of 93,859 fake accounts. The Delhi High Court has given Ola four weeks to submit a detailed response though the court has listed the next hearing in September.

While Ola is India’s third-most valuable start-up with a value of $5 billion, Uber is the world’s most valuable start-up.


The Logical Indian will notify our community members on any developments in this case as and when it happens.

 


Contributors

Edited by :

Share your thoughts..

Related Stories

Transgender Bill 2018

Transgender Bill 2018: Know Why The Bill Is Regressive & Does More Harm Than Good

Aarti Madhusudan Story

My Story: “I Invited Our Ola Outstation Driver To Stay With Us In The Hotel, Rather Than His Car”

Ola Uber Govt Officals

Karnataka Govt Officials May Lose Comfort Of Private Cars, To Travel By Ola, Uber Now

Ola Driver Woman Passenger

Bengaluru: Ola Driver Allegedly Masturbates In Front Of Passenger, Ola Blacklists Him

Ola Driver Molests & Asks Passenger To Strip, Police Says Security Lapses From The Company

Ola & Uber Drivers On An Indefinite Strike From Today In Major Cities

Latest on The Logical Indian

News

Plastic Ban: A Patchwork Of Good Intentions And Half-Hearted Implementation

Exclusive

Suspended Civil Servant Files Complaint After Twitter Trolls Issue Rape Threats To Wife

News

After India Bans PSL, Pakistan Stops Broadcast Of IPL Across Nation

News

Citing Increase In Drunk Driving Cases, Mizoram To Become Dry State From April 1

News

WB: Hunger Strike By School Service Commission Aspirants Enters 4th Week; Several Admitted To Hospital After Falling Sick

Legal

“It Is Cold-Blooded Murder,” Says Father Of J&K Principal Who Was “Killed” In Police Custody

x

Stories that deserve attention, delivered to your inbox!

Handpicked, newsworthy stories which deserve the attention of a rational generation.