LeBron James has a net worth of $1 billion, including upwards of $900 million in income from endorsements and other business ventures.
Ola wants to be India's answer to Grab, which is into everything, starting from cab service and logistics to bike taxis and food and grocery delivery.
The firm is fighting a court battle over new rules that mandate licensing & cap fares that remove surge pricing.
After a month long gap, the primary market is heading for a busy time, with five firms including Paytm parent One97 Communications and policybazaar parent PB Fintech have lined up their IPOs in the first half of November to raise over Rs 27,000 crore collectively. The other three firms whose initial share-sales are set to open are Sapphire Foods India, which operates KFC and Pizza Hut outlets, decorative aesthetics supplier SJS Enterprises and microcrystalline cellulose manufacturer Sigachi Industries. The IPOs of FSN E-Commerce Ventures Ltd, which runs online marketplace for beauty and wellness products Nykaa, and Fino Payments Bank are currently open for public subscription.
With more than 50,000 people registering for the Houston event and the numbers expected to climb, the organisers have asked those who may not be able to attend to cancel and so open up slots for the hopeful, and cautioning those coming from afar to book their air tickets soon.
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India turns talent backyard for Southeast Asian taxi apps to fight Uber.
Donald Trump's executive order prohibiting the entry of people from seven Muslim-majority nations widened the rift between the Trump administration and several leading American companies.
On Nooyi, who is now in her 10th year as CEO, Fortune said, she "shows no signs of slowing down"
Uber is locked in an intense battle with market leader Ola, which counts Didi as an investor.
It is not every day that one of the planet's richest men is arrested by his government.
US taxi-hailing firm raises the money from Saudi Public Investment Fund to support global expansion.
Uber says it is engaging with state govt to explain why its business model encourages savings for customers.
If the alliance works out as planned, it will give a big boost to Mahindra, as it has been struggling with its only car model Verito, managing to sell around 200 units a month
The development comes close on the heels of Uber planning to invest substantial part of $3.5 bn Saudi money in India.
The Fortune's 40 under 40 list for this year was topped by Adam Neuman, Co-founder and CEO, WeWork.
Both companies and individuals seek greater flexibility and freedom.
'In the next 14 years, 100% of US energy will be clean and solar.'
Nilekani said new-age technology markets work on a winner-takes-all basis.
In India, it is fighting a pitched battle against Ola.
'As they come in contact with more people in their professional life, they will need to uncover even more opportunities for growth.'
Automobile makers in India are embracing taxi-hailing apps such as Uber and Ola, hoping to ride on their expansion to sell more cars, a contrarian view to companies in Western markets that fear a drop in car sales due to them
Uber is present in over 250 cities in 50 countries.
With Uber dipping into its generous war chest to subsidise its service, its pampered clientele should sit back and enjoy the ride.
More companies with unconventional business models to get into messy legal hassles in India.
