Uber to invest $1 billion in India in next 9 months
Uber Technologies Inc will invest $1 billion in India in the next nine months as the online ride hailing company is bullish on the Indian market. Uber said it would use the additional investment to improve operations, expand into newer cities, and develop new products and payment solutions.... read more »
Qualcomm appoints Sunil Lalvani as India head
Qualcomm Incorporated has appointed Sunil Lalvani as vice president and president of its India operations, a company statement said here on Monday. Lalvani’s appointment will be effective July 27 and he will report directly to Cristiano Amon, executive vice president and co-president,... read more »
Sensex Slumps 500 Points Amid P-Note Jitters. Don’t Panic, Says Jaitl...
Finance Minister Arun Jaitley has sought to calm investors after the Sensex fell more than 500 points on Monday, amid jitters over a recommendation for stiff norms for participatory notes or P-Notes and a steep 8 per cent plunge in China markets. Mr Jaitley promised that “the government will... read more »
Jet Airways slash business class prices, announces special fares
Jet Airways has announced special premiere fares for all passengers travelling on its domestic network between July 20 and October 15. The all inclusive premiere fares will start from Rs 6,999 for distances less than 750 km and Rs 8,999 for distances between 750 km and 1000 km, which will be... read more »