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Uber Sells 7.8 % Stake in Zomato For Rs 3,088 Crore
Ride-hailing app Uber on Wednesday offloaded 61.2 crore shares of online food delivery aggregator Zomato Ltd for Rs 3,088 crore through an open market transaction. According to bulk deal data available with BSE, Uber BV sold 61,21,99,100 shares, amounting to 7.8 ...
Report: Uber lobbied, Used 'Stealth' Tech, To Block Scrutiny
As Uber aggressively pushed into markets around the world, the ride-sharing service lobbied political leaders to relax labour and taxi laws, used a "kill switch'' to thwart regulators and law enforcement, channeled money through Bermuda and other tax havens and considered ...
COVID-19 Impact: Uber Lays Off One-Fourth Of Its India Staff
On Tuesday, Uber India said that it will lay off 600 employees across in the country across customer & driver support, business development, marketing and other verticals, which accounts for one-fourth of its total headcount of 2,400 in the country. "The ...
Ola, Uber Suspend Services In Delhi Till March 31
Amid lockdown to combat the spread of Covid 19 infection, cab aggregators Ola and Uber have suspended their services in Delhi till March 31, 2020. On Sunday, the government of Delhi said the city will be under lockdown from March ...
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