Since 2000, only 18 companies that are valued at over $1 billion opened below their IPO price on the American exchanges

Uber was the biggest of a group of Silicon Valley startups that have spent years raising money in private rounds at record prices

The world's largest ride-hailing service reached a major milestone when Uber priced its long-awaited initial public offering at $45 price per share to set the stage for its stock to begin trading

CEOs are getting paid more than before. But is there a co-relation between pay and performance?

Investment bankers had previously told Uber it could be worth as much as $120 billion. Uber would be the largest initial public offering since that of Chinese e-commerce company Alibaba Group Holding Ltd in 2014, which raised $25 billion

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Ashok Chawla resigns as non-executive chairman of Yes BankFormer bureaucrat Ashok Chawla resigned as non-executive chairman of Yes Bank on Wednesday, the private sector bank said. According to sources, Mr Chawla offered to quit as controversy was being generated on his continuance on the board of directors following his name appearing in a CBI charge-sheet in the Aircel-Maxis case. IT dept looking into 80,000 cases where returns not filed after demonetisationThe Income Tax Department is ...

But broader economic conditions and sustained losses could push Uber to merge with rivals in India and the Middle East, particularly as Uber and India-based Ola share an investor in SoftBank Group Corp.

The Indian Institutes of Management (IIM), XLRI Jamshedpur, and SPJIMR Mumbai are now focussing on teaching students the importance of ethics and corporate governance and corporate social responsibility.

The deal, which could be announced as early as Monday, marks the industry's first big consolidation in Southeast Asia and puts pressure on rivals such as Indonesia's Go-Jek, backed by Alphabet Inc's Google and China's Tencent Holdings Ltd.

President Trump signs tariffs on steel and aluminumThe proclamations by US President Donald Trump to impose steep tariffs on imported steel and aluminium received mixed reaction from stakeholders with some seeing it as a step that would revive the manufacturing sector while others warned it would lead to a trade war. As reported by PTI, Trump has signed two proclamations that impose 25 per cent tariff on imported steel and 10 per cent on aluminium. While one section hailed it as...

Former Uber CEO Travis Kalanick on Thursday took to Twitter to announce a new investment fund.

\"I think Travis is going to be in a side role going forwards, but those are his words, not mine.\"

Uber CEO Dara Khosrowshahi, on a two-day visit to India, they believe the country to be a high-potential market and their motive right now is to drive growth here.

Uber Technologies Inc co-founder Travis Kalanick, who was ousted as chief executive in June, is selling nearly a third of his 10 percent stake in the ride-services company for about $1.4 billion, a person familiar with the matter said on Thursday.