Bengaluru gets new cabhailing service in Namma TYGR are Ola and Uber

first_imgUber drivers’ cars are parked outside the Ministry of Transportation building during a protest in Taipei, Taiwan February 26, 2017.REUTERS/Tyrone SiuIf you are in Bangalore and one of those people who rely on Ola and Uber cabs for your daily commute, here’s a brand new option. The city now has another cab-hailing service in the form of Namma TYGR, which not only promises better and more efficient services but also intends to keep the troubles of the cab drivers in mind.The service is said to have initially considered the name HDK Cabs, but settled on Namma TYGR. The service is backed by Janata Dal (Secular) leader H D Kumaraswamy and has been started by drivers who were not happy working with Ola and Uber and were also dissatisfied with their incentive schemes, reported Business Standard.Speaking of the drivers and how the new cab service intends to keep their well-being and demands in mind, Aditya Poddar, founder and CEO of TYGR said: “We have already signed up 10,000 drivers, out of which 5,000 are already active on the app. The remainder will come onboard in the next few days after the verification process is completed. Namma TYGR has been built keeping the drivers in mind, so we are fairly confident that more driver will sign up for the service.”Unlike Ola and Uber, which reportedly change the incentive schemes for drivers often, Namma TYGR has said that it would only charge 12 percent from the driver’s earnings per trip, which is said to be less than half of what its competitors charge. While the fares seem to be a tad on the higher side with a hatchback ride for Rs 12.5 per kilometre, Rs 14.5 per kilometre in a sedan and Rs 18.5 per kilometre in an SUV, Poddar says that they will be able to survive in the competition and that there are no hidden costs at all. Ola cabs will dispense cashOla/MediaKit”As you have seen, we have been working in the background for quite some time. The technology is extremely hard to build, but at launch, we will have all the features customers and drivers expect from a service like this. We will also continue to launch new features which are beneficial to drivers, since the whole point of this company is to empower drivers,” added Poddar.The service has also said that the drivers will be entitled to better facilities and benefits like free healthcare, life and insurance against accidents, free car maintenance and more. It promises that the drivers’ families too will be taken care of and school expenses of their children will also be covered.However, many believe that Namma TYGR will not really be able to sustain competition from the big players, considering they not only have a larger customer base but also investments from international giants.last_img read more

200000 poor working mothers to get allowance

first_imgState minister for women and children affairs Meher Afroz Chumki on Wednesday said about 200000 poor working mothers will be entitled to allowance and training under a programme in the country’s towns for creating awareness about mother and child health.The initiative has been launched under the ‘Working Lactating Mother Assistance Fund Programme’ to make nutritious food available for the poor working mothers living in the urban areas, said the state minister as the chief guest at a view-exchange meeting with the field level NGO workers at the Women Affairs Directorate.The programme is being implemented in the areas of all city corporations, district and upazila headquarters and municipalities.Under the programme, each working mother will get Tk 500 per month and they will also be imparted training on maternal health, child health, breast-feeding, sanitation, reproductive health, vaccination, family planning and prevention of child marriage.Chaired by acting director general of the women affairs directorate Mahmuda Sharmin Benu, the meeting was also addressed, among others, by women and children affairs secretary Nasima Begum and additional secretary Mizanur Rahman as special guests.last_img read more

Police Find Body of Teen Wanted in Stabbing Girls Death

first_imgGLEN BURNIE, Md. (AP) — Authorities say they’ve found the body of an 18-year-old Maryland man accused of fatally stabbing his 10-year-old sister and wounding his 13-year-old brother.In this undated photo provided by the Anne Arundel County police Andres Rafael Quintana Garcia is shown. Authorities in Maryland found the body of Garcia, whom they say stabbed two young relatives at a Glen Burnie, Md., home, killing a young girl and wounding a teenage boy. Both children were taken to area hospitals. Police said the girl died and the boy is being treated for injuries that aren’t life-threatening. (Anne Arundel County police via AP)Anne Arundel County Police spokesman Lt. Ryan Frashure said by telephone and in a news release that searchers found the body of Andres Rafael Quintana Garcia about 11 a.m. Friday in an area with trees and brush near the family’s Glen Burnie home. He says the body has been taken to the Office of the Chief Medical Examiner to determine the cause and manner of death.Frashure has said the younger siblings were stabbed Monday when a family dispute escalated. He says the girl died and her brother was released from a hospital Thursday.Police obtained an arrest warrant for Garcia, but couldn’t find him for days.last_img read more

Snap CFO Drew Vollero Is Out Replaced by Amazon Exec Tim Stone

first_img ×Actors Reveal Their Favorite Disney PrincessesSeveral actors, like Daisy Ridley, Awkwafina, Jeff Goldblum and Gina Rodriguez, reveal their favorite Disney princesses. Rapunzel, Mulan, Ariel,Tiana, Sleeping Beauty and Jasmine all got some love from the Disney stars.More VideosVolume 0%Press shift question mark to access a list of keyboard shortcutsKeyboard Shortcutsplay/pauseincrease volumedecrease volumeseek forwardsseek backwardstoggle captionstoggle fullscreenmute/unmuteseek to %SPACE↑↓→←cfm0-9Next UpJennifer Lopez Shares How She Became a Mogul04:350.5x1x1.25×1.5x2xLive00:0002:1502:15 Popular on Variety Vollero had been hired by Snap in 2015, with the goals of growing the company’s revenue and preparing it for an IPO. Before joining the Snapchat maker, Vollero had been working for 15 years in finance roles at Mattel.The replacement of Vollero with Stone comes after Snap had been struggling for months with lower-than-expected user growth numbers and a declining share price. These problems also manifested themselves in the company’s most recent Q1 2018 earnings report, which showed anemic user growth, to the tune of 4 million for the quarter.Following those results, Snap’s stock cratered 17%. At the close of the markets, Snap shares traded for $10.74 on Monday, down more than 50% from a 12-month high a year ago.Monday’s news was greeted with muted optimism by investors, who sent the stock up just 1% in after-hours trading.Some of their hesitation may be explained by the fact that much of Snap’s problems seem to be structural and product-related. The company rolled out an ambitious redesign earlier this year that was supposed to make the service more accessible to new users, but ended up causing an uproar with Snap’s existing user base.All the while, Facebook has been rapidly growing Instagram, a key competitor to Snapchat. Instagram reached 500 million daily active users last summer, while Snapchat has been stuck below 200 million daily active users.CNBC was first to report the news of Vollero’s replacement Monday.center_img Snap is swapping out its CFO: The corporate owner of Snapchat is replacing its current CFO Drew Vollero with Tim Stone, a longtime Amazon executive.The company announced the news in a regulatory filing Monday, stating that it had come to an agreement with Vollero on Friday and that he would continue to serve until May 15.“I am deeply grateful for Drew and his many contributions to the growth of Snap,” Snap CEO Evan Spiegel said in a statement relayed in the filing. “He has done an amazing job as Snap’s first CFO, building a strong team and helping to guide us through our transition to becoming a public company. The discipline that he has brought to our business will serve us well into the future. We wish Drew continued success and all the best.”On May 16, Stone will take over as the new CFO of the company. Stone had been working in various roles at Amazon since 1998. He most recently served as the company’s VP of finance, and before that had served as the company’s VP of physical stores.last_img read more