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Uber boss to meet London transport chief to try to regain licence

The new CEO of Uber technologies Dara Khosrowshahi will meet the head of the London transport system next Tuesday to  win back its licence to operate in the UK capital.  Regular transport for London deemed uber unfit to run a taxi service on September 22nd and decided not to renew its licence to operate citing the firms approach to reporting ... Read More »

Ola and Uber soon to have e-Vehicles

Energy Efficiency Services Ltd or EESL, a joint venture of four government-owned power companies, NTPC, Powergrid, PFC and REC is entering into a business agreement with private cab operators Ola and Uber in order to facilitate the introduction of eVehicles in their fleet in a bid to bring down the pollution levels in the country to a considerable level. EESL ... Read More »

Cab aggregators Uber, Ola face higher lease payouts under GST

Under the new indirect tax regime, leasing of goods is regarded as a service and attracts a levy. Since there i no clear guidelines, the provision has created complexities for airlines, cab aggregators and cab leasing companies who are already struggling with the introduction with the introduction of goods and services tax (GST). According to the rules, while input credit ... Read More »

Uber CEO Kalanick to take leave of absence, major aide quit

World’s larges cab aggregator Uber is in trouble. The company which is facing sex accusations met on Monday and has decided to shake up the management. Kalanick who has built the company from nothing to a USD70 Billion enterprise would be recommending Kalanick to take an absence of leave of 3 months. The company is also adopting all of the recommendations ... Read More »

Uber CEO’s mother dies in a tragic boat accident

Uber CEO Travis Kalanick’s mother died in a freak boat accident in California. Mrs Kalanick was 71. Her corpse along with her husband in a fainted state was found on the shore of Pine Flat Lake by the emergency services. Mr Kalanick’s condition is said to be in a critical state and Uber spokesperson has said that the family has ... Read More »

Uber CEO Quits President Trump’s Business Advisory Group


The US President Donald Trump witnessed the first exit from its Business Advisory Group today as Uber CEO Travis Kalanick resigned due the criticism by the immigration advocates. The Uber company released the statement in this regard. Travis was under huge pressure because of many of Uber drivers are immigrant and the new law may impact them negatively. In an email ... Read More »

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