BoB inks pacts with Flipkart, Uber,8 others to help MSMEs

Jul 20 2018

State-run Bank of Baroda today signed agreements with 10 companies promote micro and small business entrepreneurs.

Aston Martin unveils 'sports car for the skies' at airshow

Jul 18 2018

Aston Martin, maker of the luxury sports cars favoured by the fictional British spy, has now come up with a futuristic personal aircraft it has dubbed “a sports car for the skies”.

Uber says it has invested $500 million in Mexico since 2013

Jul 18 2018

Uber said that it has invested more than $500 million in Mexico since it launched there in 2013, underscoring the country’s importance to the ride-hailing firm as it faces new competition.

Didi to spin off car services unit in up to $1.5 billion deal: Sources

Jul 17 2018

Didi Chuxing Technology Co Ltd is looking to spin off its car services unit in a deal worth up to $1.5 billion ahead of its expected initial public offering, people with direct knowledge of the matter told Reuters.

Rolls-Royce plans for take-off in flying taxi market

Jul 15 2018

British jet engine maker Rolls-Royce (RR.L) has designed a propulsion system for a flying taxi and is starting a search for partners to help develop a project it hopes could take to the skies as soon as early next decade.

CCD partners with Uber for food products distribution

Jul 11 2018

Coffee Day Enterprises, which runs coffee chain under brand name Cafe Coffee Day, today said its subsidiary has entered into an agreement with Uber Portier B V for the distribution of food products in India.

Uber, Alphabet invest in bike sharing service Lime

Jul 10 2018

Bike sharing service Lime said it raised $335 million from a group of investors including ride-sharing firm Uber Technologies Inc and Alphabet Inc (GOOGL.O).

Singapore watchdog says Grab-Uber deal hurts competition, proposes fines

Jul 05 2018

The commission said it proposed the fines because Uber and Grab carried out the transaction despite having anticipated potential competition concerns.

Singapore says Grab-Uber merger lessened competition, proposes penalties

Jul 05 2018

Singapore’s Competition and Consumer Commission said the merger of Grab and Uber had substantially lessened competition in the ride-hailing business in the city-state and proposed to impose financial penalties on the two parties.

Uber in talks with Dubai's Careem to merge in Middle East: Bloomberg

Jul 04 2018

Uber is in preliminary talks with rival Careem to combine their Middle Eastern ride-hailing services, Bloomberg reported, citing three people familiar with the matter.

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