Showing posts with label NEW ZEALAND. Show all posts
Showing posts with label NEW ZEALAND. Show all posts

Tuesday, 7 August 2018

Ola's global march continues as it eyes UK entry within a month

Ola, cab, taxi

After marking its entry into Australia earlier this year, Bengalurua-based Ola is now setting its sights on the ride-hailing market in the United Kingdom (UK) and has obtained a licence to operate in South Wales and Greater Manchester regions.

The company plans to start operations in the UK market within the next month, saying it would be the only ride-hailing player there that can legally offer customers both private hire and black cabs on its platform. It plans to further expand its presence across the UK by the end of 2018.

“Ola is excited to announce its plans for the UK, one of the world’s most evolved transportation markets. The UK is a fantastic place to do business and we look forward to providing a responsible, compelling, new service that can help the country meet its ever demanding mobility needs,” said Bhavish Aggarwal, co-founder and CEO of Ola, in a statement.

Just like when it announced its entry into the Australian market in February, Ola seeks to sign up driver partners in cities such as Cardiff, Newport and Vale of Glamorgan, apart from the regions, before opening the platform for customers. The company says it will offer best-in-industry commission rates to its driver partners - 10 per cent for private hire vehicles and 5 per cent for metered taxis.

Thursday, 13 July 2017

How Philip Morris quietly campaigned to block a global anti-smoking treaty

Photo: Shutterstock

A group of cigarette company executives stood in the lobby of a drab convention centre near New Delhi last November. They were waiting for credentials to enter the World Health Organization's global tobacco treaty conference, one designed to kerb smoking and combat the influence of the cigarette industry.

Treaty officials didn't want them there. But still, among those lined up hoping to get in were executives from Japan Tobacco International and British American Tobacco Plc.

There was a big name missing from the group: Philip Morris International Inc. A Philip Morris representative later told Reuters its employees didn't turn up because the company knew it wasn't welcome.

In fact, executives from the largest publicly traded tobacco firm had flown in from around the world to New Delhi for the anti-tobacco meeting. Unknown to treaty organisers, they were staying at a hotel an hour from the convention centre, working from an operations room there. Philip Morris International would soon be holding secret meetings with delegates from the government of Vietnam and other treaty members.

The object of these clandestine activities: The WHO's Framework Convention on Tobacco Control, or FCTC, a treaty aimed at reducing smoking globally. Reuters has found that Philip Morris International is running a secretive campaign to block or weaken treaty provisions that save millions of lives by kerbing tobacco use.

In an internal document, the company says it supported the enactment of the treaty. But Philip Morris has come to view it as a "regulatory runaway train" driven by "anti-tobacco extremists" - a description contained in the document, a 2014 PowerPoint presentation.
READ MORE