In India these two names Tata and Ambani do not need any real introduction because one of them sacrificed their whole life to serve the development of the country and the other one reached the highest level in the country with their intelligence. There is no real similarity between the businesses of both of them but surprisingly they both did the same business together that is Blue Smart Service Company here for you doubt may come is this the same business done by Uber and Ola in India and to understand what is the real reason why Tata and Ambani are investing together in the new Blue Smart Company we need to know the situation of Ola and Uber in India. According to an article in Financial Express in 2015 Ola and Uber in India A working captember is a graduate from IIT earning more than software engineers but it is true as you may find it surprising to believe. But this was in 2015 but do you know what is the situation of this company now more than 30 thousand employees have been removed and the rights booked are being cancelled.
Customers are losing trust and they are facing losses of several thousand crores every year but what is the reason for this today I am going to tell you what is their business model before 2010 people in India mainly use bus and auto to travel from one place to another, in big cities they use local trains but the word car is not heard by anyone because of the mindset that only rich people own a car people have a lot of money so a person thought to change this ideology in the people and make every common man travel by car at a very low cost his founder of Ola company has grown to be the number one company in Indian cap business till then people in India had very important work but they did not take it for car rent because the prices were very high but when I asked in Ola business cap services in India came at a very low price and Ola has changed the cab service business to the point where booking a car has become so easy that no matter whether you are rich or poor it will come and pick you up from where you are but within few days of its launch.
Ola is doing good business by providing cab services to a few crore people in India at a very low cost many investors have also invested thousands of crores of rupees in this company at the same time the American uber company entered the Indian cap business in 2013 to compete with Ola. Both of them competed with each other and started offers and cap drivers to customersso much so that on the one hand to attract customers the insurers give 6 to 18 rides per day to attract customers, but the cap service charge they get is only in the form of incentives per day. How come these cab drivers earn 80 thousand per month from lakhs to lakhs and thirty thousand, many software engineers and even IIT professionals left their professions at one point of time and joined as drivers while others took loans and sent cubes to this company the same thing happened in Uber business but do you know what is the reason for these companies to give offers despite the huge amount of loss. If they start using it regularly to get customers.
Then there is no need to increase the prices. Just this company that stopped giving these offers will earn a lot of profit. This is also the plan of these two companies. At the time of competing and working. Suddenly an event happened in this world that no one expected in this world due to the corona virus lockdown the school office traveling was closed. It is not a cap service but at least no one is allowed to come on the road. I do not understand what to do customers are not booking caps the income of the company has stopped the cap drivers who earned lakhs per month until then stopped what they were doing and sold those caps to other people and looked for other work at what time Ola company lost about 17500 crore rupees so here you may have a doubt that means there is a problem here. These cab companies have seen huge losses during Corona time. After Corona they have offers to customers but there are no cab drivers but drivers but these companies do not have any results now the confusing thing is that even if the customers are not given offers.
The drivers are demanding more than the up price if not given some behave rudely and some drop off in the middle of the ride they are in a situation first Ola and Uber company driver commission has also been reduced by 20 percent similarly if those who do this cap service have worked in Ola and your company the cost of diesel and petrol is skyrocketing every day for their service so the current situation is that 20 percent commission is paid to Ola and Uber companies. In the present position when it is difficult to get bookings 20 percent commission has to be paid which means that each cab driver has become a burden so as soon as these cab drivers get the rides some of them demand more than the payment in the app while some of them cancel the ride with the customer. They are taking 20 percent without going to the company. In this way if the amount given to the cab driver for his ride is not affordable then they cancel the ride and ask the customer for more cash or put them in a dropping position without commission.
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