Gigindia, started by engineering students Sahil Sharma and Aditya Shirole, provides remote working opportunities to 5,000 people and plans to ramp this to 100,000 by 2025
(Reuters) - Uber Technologies Inc on Wednesday appealed a $59 million fine by a California regulator in a dispute over whether the company should share detailed information on sexual assault and harassment claims reported on its ride-hailing platform.
Summons issued to officials of the two firms for hundreds of crores of alleged evasion
Data of nearly 100 million credit and debit card holders in the country is being sold for an undisclosed amount on the Dark Web. Tune in for more
The US has fined ride-hailing major Uber $59 million for failing to answer questions about sexual assaults cases and harassment claims among its drivers and riders
Uber is selling its autonomous driving unit, Advanced Technologies Group, to self-driving car startup Aurora, in a move that would accelerate the ride-sharing company's goal to achieve profitability
Microsoft, Texas Instruments among top recruiters at IITs in terms of offers
At a time when Covid-19 is pounding the transportation industry, it has been reported that Ola has closed local driver offices in Australia and suspended personal accident insurance for drivers there
In this podcast we will talk about new regulations for cab aggregators, penalties in case of violation among other things
The new ride-hailing regulations are ill-conceived
Firms face penalties, including loss of licence, for violation of govt guidelines
Nomura Holdings raised its target to 9,100 yen from 8,190 yen citing the same reason. Both brokerages have a buy rating on SoftBank.
India accounts for an estimated 11% of Uber's global rides annually
The government has said that non-compliance with these norms would also invite penalties
The talks have been ongoing since October though there is no certainty a deal will be reached
The talks are still ongoing and there is no certainty a deal could be reached
The SoftBank-backed ride-hailing firm had seen a massive slump during the lockdown but is now seeing close to 100 per cent recovery in key cities
Ride hailing major Uber on Monday said it has launched its 'PIN-Dispatch' feature at Delhi airport, aimed at reducing wait time and enhancing rider experience. The feature, which is already available at Bengaluru and Hyderabad airports, will be available at Terminal 3 (T3) of Indira Gandhi International Airport, a statement said. "Starting today, when riders request an UberGo at IGI International airport, they'll receive a unique six-digit PIN which will be used to match them to the first available driver at the pickup zone, reducing waiting times to almost zero," it added. The rider will be required to provide the PIN to the driver, who will input the one-time numeric code into the app, commencing the ride, it said, adding that riders will receive the driver and vehicle details for additional verification checks. Uber said it had initially launched PIN-Dispatch at Bengaluru and Hyderabad airports, resulting in 80 per cent reduction of wait times and improved traffic flow at dedica
Ride-hailing customers who have returned are proving to be price-sensitive, pressuring margins in what was once Uber's largest and most important segment
Uber said demand for its food-delivery service exploded in the latest quarter, but recovery in its global rides business is being held back by its most