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UBER LEASE AGREEMENT
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...- Bhasyam Developers buys Standard Chartered’s Chennai plot for Rs 1,200 croreBaashyaam Group has acquired the iconic Standard Chartered Bank property in Nungambakkam, Chennai, for an estimated Rs 1,200 crore, marking...
- Nearly 2,000 BluSmart EVs on the block as lenders, lessors look to recover moneyBluSmart faced financial issues and suspended operations. Now, lenders are trying to sell around 1,500-2,000 of its electric vehicles. Seve...
- End trip for BluSmart? Behind the EV ride-hailing company’s deepening crisisGensol’s debt crisis forces it to sell 3,000 EVs, impacting BluSmart, which faces declining rides and competition from Rapido. Leadership e...
- Faster fraud prevention; BluSmart on Uber’s radarHappy Monday! Major Indian banks and payment companies are speeding up their response to payment fraud by integrating their systems with th...
- EV cab company Evera raises $7 million in funding led by IEG InvestmentNimish Trivedi, the company’s cofounder, told ET Evera will use the money for technology development and marketing and promotion of the bra...
- Microsoft backs Uber cofounder Travis Kalanick’s CloudKitchens: reportTravis Kalanick, who was ousted from Uber in June 2017 after a series of scandals, took over the real-estate company City Storage Systems, ...
- Court restricts CureFoods from selling movable assetsThe company had sent a termination notice claiming that it was unable to do business owing to the Covid-19-induced lockdown.
- Battered by Covid-19, Oyo terminates lease contracts for two Gurgaon officesThe Covid-19 pandemic has resulted in Oyo undertaking a significant number of employee layoffs and furloughs, enforcing pay cuts and shutte...
- SoftBank Vision Fund posts record $17.7 billion loss on Oyo, WeWork and UberSoftBank lost $17.7 billion last fiscal year after writing down the value of investments.
- Rana Kapoor, wife took Rs 307 cr illegal gratification through bungalow deal: CBI FIRKapoor and his wife along with others have been named in the fresh case lodged on Friday. The CBI, which is probing the corruption and crim...
- Travis Kalanick readies recipe for India cloud kitchen forayKalanick is building a team to drive his new venture, City Storage Systems, which runs delivery-only kitchens.
- Uber, Travis Kalanick in business again. This time, as rivalsKalanick, who was ousted after a series of scandals, has largely tried to keep his second act under wraps.
- Ecommerce-wary malls find online food aggregators’ presence palatableEven though online platforms are bringing additional business for malls, some malls say the presence of delivery staff could irritate shopp...
- OYO manages more rooms in China than in IndiaOYO officially launched operations in China during November 2017 and is now present across 265 cities.
- Centre proposes charging points for electric vehicles every 3 kmNTPC, Power Grid Corp and Indian Oil Corp are likely to initiate the process to set up charging stations at several locations in identified...
- Why more and more consumers now prefer to share rather than buyA sizeable sharing economy is opening up on apps and mobile sites that allow users to pick up a mind-boggling array of stuff on rent—design...
- Uber takes 150,000 sq ft office space on lease in HyderabadAmerican taxi aggregation service provider Uber has taken 150,000 sq ft space on lease in Hyderabad as part of a massive expansion drive in...
- Ola inks pact with Nissan to lease cars to driver partnersOla today said it has signed an agreement with Nissan Motor India to procure cars for lending them to new drivers.
- Delhi Police likely to file case against UberA senior officer said action was being contemplated against the company for its alleged negligent conduct.
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