Restrictions on immigration 'bruising brand America': Uber CEO

Feb 23 2018

Uber CEO Dara Khosrowshahi, an Iranian-American entrepreneur, said restrictions on immigration were "bruising brand America".

Flying cars or Hyperloop: Uber, Tesla fight it out on Twitter

Feb 23 2018

Musk came out in the open on Twitter when the former took a swipe at Tesla over the need to dig tunnels for its Next-Gen mobility dream.

Nissan takes new step towards being Uber competitor

Feb 23 2018

Nissan is taking its first steps to becoming an operator of autonomous transportation services, hoping to break into a segment set to be dominated by Uber.

Singapore agency to look at Uber tie-up with ComfortDelGro

Feb 19 2018

Singapore’s competition commission said it plans to do further in-depth assessment of the tie-up between ComfortDelGro and Uber, after an initial review.

Electric airplane start-up Eviation aims to enter service in 2021

Feb 15 2018

Electric airplane start-up Eviation Aircraft is aiming for its 9-seat commuter aircraft to be flying passengers by 2021 after signing up Kokam as its battery supplier.

Uber rejected $500 mn settlement with Waymo earlier this week

Feb 10 2018

Waymo early this week proposed a settlement deal with Uber Technologies Inc in which Uber would pay $500 million in equity to resolve a high-stakes trade-secrets case.

Kerala to launch e-network of ambulances modelling Uber

Feb 02 2018

Kerala will soon launch an e-network of ambulances on the lines of app-based global taxi operator Uber.

Indian cab aggregator Ola to expand to Australian market

Jan 30 2018

Ola is set to go international with the launch of its operations in Australia in the coming, a move that will further intensify its battle with US-based rival Uber.

Fiat Chrysler, Waymo expand deal for public ride-hailing service

Jan 30 2018

Waymo with thousands of Pacifica hybrid minivans as Alphabet Inc’s self-driving unit begins rolling out its first public ride-hailing service.

DriveNow deal paves way for BMW-Daimler alliance: source

Jan 29 2018

BMW has bought out partner Sixt from their joint venture DriveNow, paving the way for a broader car-sharing and robotaxi alliance with Daimler.

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Stocks In News



Ultratech Cement leads race to take over Binani Cement

Offers around Rs 6,200 cr, 20% stake in co to unsecured financial creditors

Dalmia Bharat offers Rs 6,300 Cr

Dalmia seen to lose as UltraTech offering equity stake to creditors

Final decision on winner to be ratified by NCLT

Business Standard Reporst


4 companies put in bids for 9 operational national highways under ‘toll-operate-transfer’ model

Brookfield Asset mgmt, Macquarie, IRB Infra and Roadis- NIIF are cos in fray

NHAI hopes to generate more than Rs 6000 cr Under TOT model

auction will involve five highways running across Andhra Pradesh and four in Gujarat
total length of these highways is just under 700 km

Successful bidder to get toll collection rights for 30 years


Ministry of Commerce recommended Central Govt Anti dumping duty on Dimethylacetamide

Recommend duty for 5 Yrs on DMAC originating from China and Turkey


Co bags Rajasthan Project

Received a LOI to construct, own, operate and maintain Fatehgarh-Bhadla transmission project in Rajasthan

Received LOI from PFC Consulting Ltd, an arm of Power Finance Corporation

With this project, ATL will strengthen its existing presence in Rajasthan with 2 operational transmission projects and 4 under construction assets

On completion of this acquisition cumulative transmission network will reach 12000 ckt kms, out of which ~9000 ckt kms under operation

Transformation capacity of ATL will also increase to 19,300 MVA from 35 substations


To be out of F&O if it does not declare quarterly results by March 1

All existing F&O contracts will expire on March 28

No fresh contracts will be available if the firm fails to submit results for quarters ended September and December 2017 by March 1

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