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Top 10 biz headlines: Cab majors go on food trail, M-cap erosion, and more

Here are the top 10 business headlines that made news on Saturday

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BS Web Team
Chasing a third spot, cab majors go on a food trail at hefty $400-mn bill

Online food discovery, ordering and delivery apps Foodpanda and Uber Eats, owned by cab aggregating giants Ola and Uber, respectively, spent almost $400 million in 2018 on rapid expansion as well as discounting to gain new customers, it is learnt. Read more here

Jessop, Dunlop stare at a bleak future amid lack of clarity on ownership structure

Nearly three years after the West Bengal Assembly passed two consecutive Bills to take over Jessop & Company and Dunlop India, neither could be taken over nor