Blackstone raises $1.75 bn in data centre REIT IPOBlackstone has successfully raised $1.75 billion through its initial public offering for a new trust focused on artificial intelligence inf...
Uber leases over 9 lakh sq ft Hyderabad office through 10-year lease for GCCUber India Systems has secured a massive office space in Hyderabad. The company will occupy over 9 lakh square feet for a decade. This deal...
Trump wants to make H-1B workers more expensive for US employersA Trump administration proposal would significantly increase H-1B visa minimum salaries, requiring entry-level software engineers in San Fr...
Robots, drones could slash global food delivery costs to $1 per order, Barclays saysAutonomous food delivery robots and drones could cut costs by several dollars to as low as $1 per order, a shift that could unlock billions...
Uber brings back ride-sharing; launches ‘Group Rides’ for users headed to the same destinationWhile sources aware of the development said that Uber has shelved any plans to bring back Pool for the foreseeable future, Group Rides, wit...
Soon, cab pool rides likely to be banned in DelhiApart from ban on cab pooling, under the proposed City Taxi Scheme 2017, it will also become mandatory for operators to install GPS and a ‘...
UberPOOL has saved $4.5 million worth in fuel import costs in India since launchAccording to the Green Index released by the San Francisco based cab hailing company ahead of the World Environment Day, uberPOOL has helpe...
Delhi-NCR largest market for Uber in 2017Uber claimed that its customers took as many as 1,969 trips in the national Capital in 2017.
UberPOOL launched in KochiUber, the on-demand taxi hiring service, has launched its uberPOOL service in the city.
Shared cab service saves 1m litres of fuel, claims UberUberPool, where one cab is shared by more than one rider at the same time, was started in Bengaluru in September 2015.
Uber and Ola continue shared services in Karnataka, defy Govt orderWhen contacted, an Uber spokesperson said that UberPool fulfills all requirements that allows for shared services to run in perfect harmony...
UberPOOL, OlaShare are illegal from Friday“The cab aggregators collect fare for ride-sharing services, which is against the permit conditions,” government official said.
Uber says it believes in the legality of its shared servicesAccording to the department cab aggregators' like Uber and Ola have contract carriage permits under which they are allowed for point-to-poi...
Uber's ride-sharing spikes on New Year's eveOf them, 11,939 riders 32% were from the pub capital of India Bengaluru, according to Uber, which shared data exclusively with ET on how In...
Uber expands uberPOOL to three more Indian citiesSince the launch of uberPOOL in Delhi and Bengaluru, 25 per cent of all trips in the two cities are now on uberPOOL, he added.
Uber to make an even pitch in Delhi through a CarPool service for private vehiclesUber will roll out its ride sharing initiative to commercial as well as private vehicles in Delhi in the next few days, according to source...
Uber to launch UberPOOL in BengaluruUberPool will join other carpooling services such as BlaBlaCar, Ridingo, Tripda and Meru Cabs who have launched such a service in India.