Reports suggest that the police were unable to find any contact of the company's office and had to take a Uber cab to reach the company's training centre in Gurgaon, giving credence to the perception that Uber has grown too much too soon.
Finance ministry maintains that all KYC requirements will be followed.
Last week, the government had introduced a fresh round of austerity measures, including bans on first class travel, creation of new posts and holding meetings in five-star facilities.
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Recently, the central bank has asked online cab service provider Uber to rework its billing system to enable two-step authentication system. Following this, many have dubbed the central bank's decision as regressive.
Bogged down by inefficient administration and unable to attract financing, the once legendary football clubs of Kolkata are fading into irrelevance.
Delaying GAAR is seen as a move partly designed to help solve Vodafone dispute.
Until last week the government's divestment plan was struggling, but it got a boost from a $1.1 billion offering of miner NMDC.
It's a sign that the economy may have turned a corner that strengthens the RBI's case against a rate cut.
India's retail inflation is the highest among the BRICS group of emerging economies.
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