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Explained: SpaceX's IPO includes a 'greenshoe' option. Here's what that meansSpaceX's record $75 billion IPO includes a greenshoe option, allowing for the sale of an additional 15% of shares. This standard feature, d...
Lyft, Uber sue New York City to block driver retention lawBoth companies are challenging Local Law 52 of 2026, which generally prevents large ride-sharing companies from swiftly dismissing driver...
FM Sitharaman flags global crisis spillovers, unfair burden on developing nationsFinance Minister Nirmala Sitharaman stated that the Global South should not bear the brunt of global imbalances and conflicts. Representing...
China company secures Kenya airport deal after Adani falloutThe East African nation awarded China Communications Construction Co. an engineering, procurement and construction contract to update and e...
Noida airport to rely on cabs as flights begin on June 15Noida International Airport opens on June 15. Passengers will primarily use cabs and private vehicles. App-based taxis like Uber and Ola wi...
Uber CEO Dara Khosrowshahi says parents are doing kids a ‘disservice’ with this common parenting habitUber CEO Dara Khosrowshahi has warned that excessive parental protection, or 'helicopter parenting,' can hinder children's long-term develo...
China firm secures Kenya Airport revamp deal after Adani falloutKenya has awarded a $2.9 billion airport upgrade contract to China Communications Construction Co., two years after canceling a deal with I...
Electric two-wheelers, private EV cars record highest registrations since 2019 in DelhiDelhi's electric vehicle market is booming. Electric two-wheelers and private electric cars have seen their highest registrations since 201...
Kuwait restricts domestic worker recruitment to 10 countries, bans 27 othersKuwait has restricted domestic worker recruitment to 10 approved countries, prohibiting hiring from 27 others under new Interior Ministry r...
Ride-hailing app Bolt expands to Italy in bid to shake up underserved marketEstonia-based Bolt will work with hundreds of drivers in Milan - either official cab drivers or private hire car drivers - and expects to s...
Ola Electric shares jump 10%, surge 120% in just 12 weeks. Does this rally have more steam left?Shares of Ola Electric Mobility surged 10% on Tuesday, extending a sharp rebound that has lifted the stock nearly 120% from its March low. ...
Uber opens sign-ups for London robotaxis ahead of launch in monthsUber is launching its first robotaxi service in London. Users can now sign up for a chance to ride in these AI-driven vehicles. The service...
Uber opens sign-ups for London 'robotaxis' ahead of launch 'in months'Londoners can now sign up for a chance to experience the city's first robotaxis. Uber is partnering with British start-up Wayve to offer ri...
"Silent one please": Woman passenger praises Uber driver's 'ride menu' with four options, lets riders decide the journey styleAfter a long and exhausting business trip, a woman passenger shares her experience of choosing a “silent ride” option offered by her Uber d...
Electric mobility key to long-term fight against air pollution: UNEP chiefA top UN official stresses electric mobility and mandatory vehicle emissions testing for long-term air pollution solutions. India's plan to...
Vanguard marks Ola valuation down to $70 million, 99% lower from peakFunds managed by US investment giant Vanguard have slashed the fair value of ride-hailing platform Ola’s parent, ANI Technologies, to $70 m...
Uber slashes 23% of HR and recruitment jobs, says AI isn't the reason - here's why Uber is laying off employeesUber layoffs 2026 reason explained: Uber is reorganizing its People and Places division, leading to layoffs affecting approximately 23% of ...
ONDC raises Rs 220 crore from Zoho, Uber, Paytm, BSE; eyes additional capitalWhile Zoho Corporation has invested Rs 70 crore as a part of this round, Uber and Paytm have invested Rs 60 crore each. BSE Technologies ha...
Uber introduces 'Uber Drift' experience for tourists in TokyoUber is launching "Uber Drift" in Japan, offering a limited-edition tourism experience where visitors can ride with professional drivers in...
16 students died in overnight fire at girls' school in KenyaA tragic fire struck Utumishi Girls School in Kenya's Gilgil region, leading to the untimely deaths of sixteen students and injuries to sev...