Dara Khosrowshahi's statement comes days after several IT companies have decided to hand over pink slips to their employees

Travis Kalanick, Uber

Kalanick, 43, has sold all of his remaining shares in the ride-hailing giant and plans to focus on his new business and philanthropic endeavours

Dara Khosrowshahi

He says the younger generation doesn't dream of owning a car, but instead wants the freedom of having any service on demand

Travis Kalanick

Recently Travis Kalanick appointed two new directors - Ursula Burns and John Thain to the company without informing them

The stock of the public sector bank (PSB) touched Rs 51, its highest level since March 2015, on improved operating performance

Indian Overseas Bank, IOB

A corporate presentation notes the "consistent shareholder returns" from more than $11 billion in dividends over the past decade

Vedanta

Stocks to Watch on Wednesday, October 4, 2023: Bajaj Finserv's insurance arm, Bajaj Allianz General Insurance has received a show cause notice alleging a tax demand of Rs 1,010.05 crore

image

The US and Europe are offering 8 to 10 times more subsidies amounting to a massive $650 billion, around 18 per cent of India's gross domestic product

solar power, solar energy, green energy, clean energy

Closing Bell on October 4, 2023: Nestle India, HDFC Bank, HUL, Infosys, and TCS rallied between 0.6 per cent and 3 per cent. Axis Bank was the biggest laggard, down 5 per cent

BSE, NSE, Sensex, Nifty, stock markets

"The American people can breathe a sigh of relief: there will be no government shutdown tonight," Democratic Senate Majority Leader Chuck Schumer said after the vote

Washington

The settlement included most of the creditors involved in funding a 2013 loan to ProIndicus, a state-owned Mozambican company, UBS said

Credit Suisse Group

Sergei Aksyonov, the Russian-backed head of Crimea, which was annexed by Russia in 2014, said there were no casualties. 5 cargo ships head for Ukraine's Black Sea ports

Russia

Akhil Saxena, vice president, operations, APAC, MENA and LATAM and worldwide customer service head, Amazon, is passionate about coaching people

Akhil Saxena

The RoDTEP scheme was introduced in September 2021 for exports made with effect from January 1, 2021

Private sector likely to get limited access to Gati Shakti portal

exports

What the data suggests, however, is that India's numbers are unsustainable. They're driven by debt-fueled household consumption and government investment

Rupee, Indian Rupee, Indian currency

Indri whisky is the first Indian whisky to win this renowned award

whisky

Half of India's population between the age of 30-55 years believes 59 years should be the age of retirement and thirty-two years is when one should ideally start retirement planning,

investment,saving, money, retirement, rupee

The Confederation of All India Traders (CAIT) wrote to Amitabh Bachchan stating that his recent ad for Flipkart spreads misinformation and hurts local businesses

Amitabh Bachchan

Even if generative artificial intelligence has been overhyped, it's safe to assume that ChatGPT-type bots will only get better at routine tasks like writing computer software

jobs, IT jobs, IT industry, AI

The Enforcement Directorate is not expected to be "vindictive" in its conduct and must act with utmost probity and fairness, the Supreme Court has held, and directed the anti-money laundering agency to henceforth furnish the grounds of arrest to the accused in writing "without exception".
In a significant verdict having far-reaching ramifications, the apex court said being a premier investigating agency charged with the onerous responsibility of curbing the debilitating economic offence of money laundering in the country, every action of the ED in the course of such exercise is expected to be "transparent, above board and conforming to pristine standards of fair play in action".
"The ED, mantled with far-reaching powers under the stringent Act of 2002, is not expected to be vindictive in its conduct and must be seen to be acting with utmost probity and with the highest degree of dispassion and fairness," a bench of Justices AS Bopanna and Sanjay Kumar said.
The top court, which set 

Supreme Court (Photo: Wikipedia)

How Hiren Patel, founder Karsanbhai's son, is reinvigorating Nirma by administering a shot of pharma

Nirma

British tech firm Dyson on Wednesday announced its entry into the wearables category in the Indian market, with the launch of noise-cancelling headphones.
The company, known for its vacuum cleaners and air purifiers, has introduced Dyson Zone noise-cancelling headphones equipped with a removable visor, which acts as an air purifier when travelling in polluted urban areas or in public transport, the company said.
It has compressors in each earcup, which draws air through the double-layer filters and passes two streams of purified air to the user's nose and mouth through the non-contact visor, it said.
Its electrostatic filters remove particles as small as 0.1 microns, while activated carbon filters absorb gases such as nitrogen dioxide, as per the company.
Priced at Rs 59,900 and Rs 64,900 -- it is available in two models -- Ultra Blue and Absolute +, the company said.
Some of its key features include up to 50 hours of continuous playback, with ultra-low distortion, advanced noise

The Dyson Zone

The total number of voters in Rajasthan has reached 5.26 crore, of which 2.51 crore are women, the state election department said on Wednesday.
Chief Electoral Officer Praveen Gupta said during a special brief revision program of voter lists in the state, there has been an increase of over 6.96 lakh voters.
Till the date of last publication, over 5.26 crore voters are registered in the state. Of these, over 2.73 crore are men and 2.51 crore are women, he said.
Gupta said under this revision program, a total of 11.78 lakh voters above 80 years and 17,241 voters above 100 years are registered in the final published voter list.
Similarly, a total of 5.61 lakh specially qualified people are registered as voters. These voters registered in the voter list by the Election Commission of India have been provided the option of voting facility through postal ballot in the form of home voting at the time of elections.

Poll, election, lok sabha

The Supreme Court said on Wednesday it will examine whether the immunity granted to lawmakers from prosecution for taking bribe to make a speech or vote in Parliament and state legislatures extends to them even if criminality is attached to their actions, as it began reconsideration of its 1998 judgement in the JMM bribery scandal that rocked the country 25 years ago.
The apex court's 1998 verdict granted MPs and MLAs immunity from prosecution for taking bribes to make a speech or vote in legislature.
At the outset of the day-long proceedings, Solicitor General Tushar Mehta urged the seven-judge constitution bench headed by Chief Justice D Y Chandrachud that the court need not go into the immunity aspect under Article 105 of the Constitution and the controversy, possibly, can be narrowed down in view of the fact that the offence of bribery is complete when a bribe is given and accepted by the lawmaker, something which can be tackled under the Prevention of Corruption Act.
Article ..

Raise coverage under food security Act: Supreme Court tells Centre

Uber new CEO Dara Khosrowshahi

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Travis Kalanick cuts all ties with Uber; leaves board, sells all shares

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