New Delhi, June 2 (IANS) Ride-hailing platform Uber on Tuesday announced a strategic investment in the Open Network for Digital Commerce (ONDC), which is one of the earliest investments by a global technology company in India’s open digital commerce network.The company said the investment deepens its commitment to India’s Digital Public Infrastructure (DPI) ecosystem and reflects its long-term strategy of building mobility and logistics services through open and interoperable networks.The in…
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New Delhi, May 25 (IANS) US-based technology firm Microsoft has begun scaling back access to Anthropic’s Claude Code among its employees and is redirecting engineers towards GitHub Copilot CLI as surging AI usage drives up enterprise computing costs, according to multiple reports.Reports said the technology company had earlier expanded access to Claude Code across thousands of employees, including developers, project managers and designers, to encourage experimentation with AI-assisted coding …
New Delhi, May 24 (IANS) Pakistan is grappling with a mounting foreign exchange crisis driven by pressure to repay roughly $4.8 billion of external debt, weak investor confidence, and falling foreign direct investment (FDI), according to an international media report. The report in the Times of Oman stated that foreign direct investment in Pakistan plummeted by 33 per cent in FY26 to $1.195 billion from $1.92 billion in 2023–24 and $1.83 billion in 2024–25. As a share of GDP, FDI remained be…
New Delhi, May 23 (IANS) Pakistan is grappling with a mounting foreign exchange crisis driven by pressure to repay roughly $4.8 billion of external debt, weak investor confidence and falling foreign direct investment (FDI), a report has said.The report from Times of Oman said that foreign direct investment plunged 33 per cent in FY26 to $1.195 billion, continuing a declining trend of $1.92 billion in 2023–24 and $1.83 billion in 2024–25. As a share of GDP, FDI remained below 0.45 per cent.De…
New Delhi, May 22 (IANS) Delhi Lieutenant Governor (L-G) T.S. Sandhu on Friday discussed issues related to the city’s infrastructure and urban mobility with Union Minister Manohar Lal, an official said. In a message on social media platform X, L-G Sandhu said, “Called on Union Minister for Housing & Urban Affairs and Power, @mlkhattarJi. Discussed a range of developmental issues concerning Delhi, focusing on infrastructure enhancement, urban mobility, and collaborative efforts to ensure the …
New Delhi, May 21 (IANS)Transport union Chalak Shakti Union Vice President Anuj Kumar Rathore on Thursday complained that fares of auto-rickshaw and taxi drivers have not been revised in the national capital for the last 15 years and assured that their strike will be called off as soon as the government assures an increase.Talking to IANS, Rathore said: “A three-day strike has been announced for May 21, 22, and 23, during which drivers have been urged not to operate their vehicles. The call has …
New Delhi, May 16 (IANS) Maharashtra Transport Minister Pratap Sarnaik has directed the Cyber Crime department to lodge FIRs against Ola, Uber and Rapido over alleged illegal bike taxi operations in the state.The minister further clarified that app-based mobility platforms Ola, Uber and Rapido continue to operate in the state as we sought legal action against their alleged unauthorised bike taxi services.The clarification came after reports circulated on social media claiming that the services o…
Ahmedabad, May 13 (IANS) Ride-hailing major Uber is setting up its first data centre in India in partnership with the Adani Group as the country rapidly emerges as a major innovation hub for the company, Uber CEO Dara Khosrowshahi said on Wednesday.Sharing details about the development after meeting Adani Group Chairman Gautam Adani here, the Uber CEO said India is rapidly becoming a leading innovation hub for the global mobility platform.“Great to meet Gautam Adani in Ahmedabad this morning a…
New Delhi, May 11 (IANS) From green energy to data centres, the Adani Group is creating the physical foundation on which the country’s digital and clean future will stand, its Chairman Gautam Adani said on Monday.At Khavda in Gujarat, the Adani Group has already commissioned 35 per cent of what will become the world’s largest single-site renewable energy plant, a 30-gigawatt-project that will fundamentally alter India’s energy geography.“Our total commitment towards the energy transition sta…
Bengaluru, April 28 (IANS) The Karnataka Government has approached the Supreme Court challenging a recent judgment of the Karnataka High Court that lifted the ban on bike taxi services. The appeal has been filed against ANI Technologies and other cab aggregators. The appeal, filed last week, is yet to be listed for hearing before the apex court.It may be noted that the High Court had ruled that the State cannot deny permits solely on the ground that the vehicle is a motorcycle.The judgment was d…
