China’s Didi Kuaidi Firms Up Anti-Uber Alliance, Invests in Ola
China’s most popular ride-hailing app Didi Kuaidi said on Monday it has invested in Indian peer Ola, forging a new alliance within a network of companies challenging US rival Uber Technologies Inc. Didi joins existing investors including SoftBank Corp, Falcon Edge, Singapore sovereign wealth... read more »
Ola Opens Up API for Mobile Apps, Individual Developers
Taxi aggregator Ola Saturday announced the public release of its API, allowing major mobile apps as well as individual developers to integrate the company’s offering with their platforms. “The public release of our API to developers is a giant leap in collaborative technology. With this... read more »
Dr Reddy’s climbs as drug maker launches Nexium’s generic
NEW DELHI: Shares of Dr Reddy’s Laboratories surged over 6 per cent in Monday’s trade after the drugmaker launched a generic version of Nexium following approval from the United States Food & Drug Administration (USFDA). Nexium is the world’s second most selling drug. It... read more »
Gold ETFs witness outflow of Rs 363cr in Apr-Aug FY 2016
NEW DELHI: Investors continue to pull out money from gold exchange-traded funds (ETFs), but the pace of outflow has slowed down in the current fiscal on account of the sluggish equity market trends. The Gold ETFs witnessed a net outflow of Rs 363 crore in the first five months (April-August) of... read more »
Former PM Deve Gowda begins hunger strike on farmers’ suicide issue
Former Prime Minister H D Deve Gowda on Monday began a hunger strike here demanding discussion in Parliament on the farmers’ suicide in the country. Flanked by party MPs, MLAs, and... read more »
PM Modi Meets Ministers Over Punjab Attack
Prime Minister Narendra Modi on Monday met Defence Minister Manohar Parrikar and other senior ministers over a terror attack in a Punjab town that left nine people dead. Finance Minister... read more »
Afghanistan: 21 dead, 10 wounded in wedding gunfight
KABUL: A shootout at a wedding party in northern Afghanistan has left 21 people dead and another 10 wounded, an official said Monday. Jaweed Basharat, spokesman for the governor of Baghlan... read more »
Delhi on high alert after Gurdaspur attack, security stepped up
Authorities sounded high alert across Delhi on Monday with hundreds of policemen deployed at railway stations, railway stations, shopping malls and crowded markets in the wake of a... read more »
At least 13 dead in al Shabaab attack on Somali hotel
The Somali militant Islamist group al Shabaab attacked a Mogadishu hotel on Sunday, driving a car packed with explosives through the hotel gate and killing at least 13 people, a first responder and... read more »
