Uber India has readied itself for another $500 million (Rs 3,300 crore) investment in the next three months.
State transport commissioner Shyam Wardhane has issued directives allowing private cars, buses and other vehicles to operate as "public transport" on Monday
The new feature is up and running in Nagpur, Guwahati and Jodhpur
From $10 billion deployed in Indian start-ups in 2017, $6 billion went to unicorns
'Do not get into the calculations that you see on television...Oh if you are looking at $5 trillion economy, the country will have to grow at 12 per cent, today it is growing at 6-7 per cent'
The $306-million investment in Ola Electric Mobility by SoftBank Corp, Arun Sarin Family, Ratan Tata and Matrix has been the biggest funding in this space in value terms this year.
Experts believe more efforts would be needed in future funding rounds.
The move is prompted by the disruption in the car usage pattern caused by the app-based ride-hailing companies such Ola and Uber
Valued at $5 billion, Byju's has seen growth sky rocket in the last two years on the back of mega VC top-ups.
Gehlot was made the chief minister of Rajasthan after the party formed government in the state.
India is the next major breeding ground for start-ups.
Drawn in by fuzzy promises about unleashing the entrepreneur in each of us and the benefits of being one's own boss, people find themselves instead oppressed by an algorithm, notes Rahul Jacob.
Strict lockdown-like restrictions are already in place in the southern stateand the Pinarayi Vijayan government decided to clamp the complete shutdown in the wake of severe spike in the positive cases.
The Tiger Global-backed company says the layoffs would affect all teams.
That's because India does not have a serious venture capital industry with an appetite for risk, observes T N Ninan.
A profession that has become quite lucrative with the advent of Ola Cabs, TaxiForSure and the likes, now hangs in the dark. Anita Babu and Itika Sharma report
Jack Ma is learnt to have discussed about e-commerce, mobile telephony
'While we may speculate about personality politics, the reality is that there are more important issues that drive the India-US relationship.'
A Ganesh Nadar/Rediff.com attends Finance Minister Nirmala Sitharaman's presser in Chennai to tom-tom the government's achievements in its first 100 days in office.
It is the end of the road for diesel taxis including those run by aggregators like Ola and Uber in Delhi and National Capital Region.
Swiggy is shoring up capital to defend its position as India's largest food-ordering app as rivals Zomato and FoodPanda focus on growth after receiving funds
Images from EPL matches played on Wednesday.
These start-ups are different from the ones that have made it big in India.
The high court also told app-based taxi service provider, Ola cabs that it was inclined to allow only CNG-based cabs to provide point to point service in the national capital.
Images from Sunday's action in the Premier League.
The race to get a New Umbrella Entity (NUE) licence for digital payments may get crowded. As many as six consortiums are said to be in the fray to apply for an NUE licence, which would create a for-profit National Payments Corporation of India (NPCI)-like body for retail payments. A consortium led by Financial Software and Systems (FSS), a leading provider of payment products and payment processor, is in talks and may file an application to the RBI for an NUE license, said sources aware of the development. The other constituents of this group include Indian Bank, Central Bank of India, India Post Payments Bank, National Bank for Agriculture and Rural Development (Nabard), and a few small finance banks.
Amazon Web Services (AWS) on Friday announced setting up of its second data centre region in India in Telangana that will be operational by mid-2022, and will see the tech giant investing about Rs 20,761 crore. While AWS did not comment on the investment detail, Telangana IT and Industries Minister KT Rama Rao tweeted that AWS will invest Rs 20,761 crore ($2.77 billion) to set up multiple data centres in the state.
The result moves Chelsea up to eighth in the Premier League table with 30 points, while Wolves are 13th with 23 points.
The government is planning to extend the electronic modes of tax payment to its own payments platform, Unified Payments Interface (UPI), credit cards of banks, or even a mobile wallet like Paytm.
Investors spent much of 2016 cleaning house. And a VC tells Ranju Sarkar, "There's still some bad news left in the portfolios (of VC firms). What happens to Ola and Flipkart will drive sentiment in future."
Twenty unions of autos and taxis have formed a Joint Action Committee, which has called for the indefinite strike.
The promoter-brothers, distant cousins to IndiGo's Rahul Bhatia, are eyeing Air India's ground handling subsidiary to augment their aviation services business even as they make a big play in EVs.
Under the ambit of probe is how former exec Eric Alexander obtained medical records of woman who was raped by an Uber driver in Delhi in 2014
West Bromwich Albion have ruled out the prospect of Saido Berahino leaving the club during the current transfer window, leading Tottenham Hotspur manager Mauricio Pochettino to compare his club's pursuit of the striker to a frustrated love affair.
Yuri Milner is focussing on on consumer-driven Internet start-ups.
A day before Rajasthan goes to polls, the ambivalence of Jats, the traditional support base of Congress, is giving the party jitters while the Bharatiya Janata Party is hoping to corner a significant chunk of their votes to stage a comeback to power.
Uber's association with a movie, the first for the company in India, comes at a time when it is flexing muscles and splurging on hoardings and newspaper ads to get more customers.
'Don't waste your time in doing long pointless graduation courses.' 'Try and get into an apprenticeship or a job after Class 10 or Class 12, as there is always time to get back to academics and learn new skills.'
Hari Narayanan shares his experience of travelling by an Uber auto to Coimbatore airport.
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