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Centre Directs Ride-Hailing Platforms To Take Down 'Advanced Tipping' Prompts

India, Aug. 13 -- The Ministry of Road Transport and Highways (MoRTH) has directed ride-hailing aggregators such as Uber, Rapido, Ola, among others, to remove tipping prompts shown before or during a ... Read More


Lenskart Shares Jump 7% To Record High As Brokerages Raise Targets

India, Aug. 13 -- Shares of omnichannel eyewear major Lenskart jumped nearly 7% to an all-time high of Rs.627.35 on the BSE today after several brokerages raised their target prices following the comp... Read More


Ola Electric Eyes Up To Rs.7,240 Cr Battery Cell PLI Incentives After Timeline Revision

India, Aug. 12 -- The Ministry of Heavy Industries (MHI) has revised the timelines under the advanced chemistry cell (ACC) PLI scheme for Ola Electric's battery subsidiary, Ola Cell Technologies Pvt L... Read More


Uber Takes Bike Services To 100 More Cities Amid Intense Competition

India, Aug. 12 -- Ride-hailing major Uber has announced the expansion of its bike taxi service, Uber Bike, to 100 cities in India. Overall, the ride-hailing major claims to be present in more than 220... Read More


Maharashtra Makes Knowing Marathi Mandatory For App-Based Drivers

India, Aug. 12 -- The Maharashtra government has reportedly extended its Marathi language mandate to app-based cab drivers working for aggregators like Ola, Uber and Rapido. This makes a working knowl... Read More


Delhi HC Says Personality Rights 'Going Out Of Hand', Flags Free Speech Concerns

India, Aug. 12 -- The Delhi High Court (HC) observed yesterday that the idea of safeguarding one's personality rights is "going out of hand" now and cautioned that broad restrictions could impact free... Read More


PM E-DRIVE E2W Subsidy Extended Till March 2028 With Rs.1,000 Cr Additional Outlay

India, Aug. 11 -- In a bid to boost EV adoption in the country, the Central has increased the total outlay of the PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) scheme to ... Read More


Matrimony Q1 Profit Doubles YoY To Rs.19 Cr, Revenue up 13%

India, Aug. 11 -- Listed matchmaking platform Matrimony's consolidated net profit for Q1 FY27 skyrocketed 2.2X YoY to Rs.19.1 Cr from Rs.8.4 Cr in the year-ago quarter. On a sequential basis, profit s... Read More


Blinkit's Mumbai Facility Licence Suspended After FDA Finds Cockroach Infestation

India, Aug. 11 -- The Maharashtra Food and Drug Administration (FDA) has suspended the food licence of a Blinkit facility in Mumbai's Malad West after an inspection uncovered an extensive cockroach in... Read More


Karnataka Flags Safety, Insurance Concerns Over Bike Taxis In SC

India, Aug. 11 -- The Karnataka government has told the Supreme Court that motorcycles lack essential passenger-safety features, raising concerns around accident risks, insurance coverage and women's ... Read More