Uber rival Lyft fires 60 workers, shuts first-party car rental service
According to the Wall Street Journal, layoffs include less than 2 percent of Lyft staff and most of the workers affected in the operation.Some staff...
Hyundai sells 1.88 mn vehicles in first 6 months, Q2 profit jumps 56%
Net profit for the three months ended in June rose to3.08 trillion won(US$2.34 billion) from1.98 trillion won during the same period of last time, the...
Crypto exchange Zipmex pauses withdrawals until further notice
The digital means exchange has operations in Singapore, Australia, Indonesia and Thailand.In a tweet late on Wednesday, Zipmex said that due to a combination of...
India Inc signs 1,149 deals worth over $104 bn in 2022 first half
The numbers represent a significant 34 per cent increase in the overall deal volumes, while deal values further than doubled( with a 143 per cent...
China slaps $1.18 bn fine on ride-hailing major Didi Global over national security
Elderly directors Will Cheng Wei and Jean Liu Qing were each fined 1 million yuan, the controller said, reports South China Morning Post.The CAC said...
Karti Chidambaram wants govt to probe edtech giant BYJU’s finances
Chidambaram called for a inquiry into BYJU's for not filing its 2020- 21( FY21) fiscal results, which the company had before stated to file by...
IRDAI acts to increase health insurance penetration
" This advertisement by the IRDAI is a significant development that liberates the health insurance providers to broaden their diapason of healthcare network, therefore enabling...
Hyderabad’s vaccine capacity to soar to 14 billion doses
Vaccine makers will invest more than 1,800 crore hospitals in their facilities in Genome Valley.This will strengthen the position of Hyderabad further as 'World Vaccine...
Over 13L vehicles recalled by manufacturers in FY 2021-22
The total number of vehicles drawn in the country due to defects recorded a large leap in 2021-22 at 8.64 two-wheeled lakh and 4.67 lakh...
DGCA grounds AI plane as it reports pressure loss
In another incident from technical damage on the passenger aircraft, the Air India Dubai-Cochin flight on Thursday was transferred to Mumbai after its captain reported...