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Uber's GSS team in India leads map updates across 150 global cities during lockdown
In a statement, Uber said its GSS team has led more than 200 localisation projects, including in-app messages in local languages to keep riders and drivers updated about new offerings, closure of services, various earning opportunities and financial assistance for drivers.
Indian online grocery market can exceed $3 billion sales in 2020: Sanjiv Goenka
With increased access to smartphones and low data costs, shop...
Twitter says about 130 accounts were targeted in cyber attack this week
In its latest statement, Twitter said that the hackers were able to g...
European Union unveils plan to clampdown on aggressive corporate tax planning regimes
EU countries are seeking to shore up public revenues to fund economic recoveries amid a public outcry over tax avoidance by corporations in particular, multinational digital giants and wealthy individuals. EU's executive - said it would expand its tax code of conduct to tackle corporate tax regimes of member states that have broadly harmful effects.
Softbank-backed SB Energy singed; pulls maiden $600 million bond after poor investor demand
This will also arguably be the 1st renewable bond deal out of India that could not get subscribed even though the portfolio consists of largely Solar Energy Corporation of India (SECI) and NTPC projects, said industry analysts.
Panel proposes new regulator for non-personal data: Draft report
"There is a need to create a regulator or authority for data business, which provides centralized regulation for all non-personal data exchanges," the government-appointed panel said in the report. Such a regulator would be armed with legal powers to request data, supervise data sharing requests and settle disputes, it added.
E-commerce sales surge for food & grocery retailers in April-June quarter
Leading brick-and-mortar chains such as Reliance Retail, Spencer's Retail, More, Nature's Basket, Tata-owned Star, Big Bazaar and Easy Day strengthened their e-commerce, home delivery or launched store-on-wheels visiting apartment complexes last quarter after consumers visiting stores reduced drastically due to lockdown and restrictions on movement.
US stocks-S&P 500 ends best quarter since 1998 on a high note
Coming off a drop of 20% in the first quarter, the biggest quarterly decline since the financial crisis in the fourth quarter of 2008, the S&P rallied more than 19.95% to notch its biggest quarterly gain since 1998, at the height of the tech boom.
Anxious passengers feel self-driving cars not safe amid coronavirus
While some autonomous cars have started testing, others were shifted toward delivery.
SoftBank Vision Fund head's pay doubled last year despite massive losses
SoftBank Vision Fund's head, Rajeev Misra, saw his total pay for the past business year more than double to roughly $15 million, even as the fund's under-performance pushed SoftBank to a record operating loss of some $13 billion.
Jio Platforms to raise another Rs 6441.3 crore by selling stakes to TPG, L Catterton
While TPG is set to invest Rs 4,546 cr in Jio for a 0.93% stake, L Catterton will invest Rs 1,894 cr to pick up 0.39%.
TPG to buy 0.9% stake in Jio Platforms for Rs 4,546.80 crore
US Private equity firm TPG is set to invest Rs 4,546.80 crore in Jio Platforms for a 0.93% stake.
'Fifty drivers fight for one order': Southeast Asia gig economy slammed by virus
Unions representing Gojek and larger Singaporean rival Grab, Southeast Asia's most highly valued startup at $14 billion, say thousands of drivers are in the same situation, especially in Indonesia, both firms' largest market.
Now, TPG looks to join Jio juggernaut with billion dollar bet
Jio Platforms has already raised Rs 97,885 crore (nearly $13 billion) by diluting a 21% stake.
Expats are leaving Dubai and that’s bad news for the economy
UAE could lose 900,000 jobs, eye-watering for a country of 9.6 million, and see 10% uproot.
