The Bangalore-headquartered company, which describes itself as one of the world's largest ride-hailing platforms, had unveiled its UK market entry plans recently starting with Wales

Chief executive officer Vinod K Dasari resigned after nearly 14 years with the company, the truckmaker said. The company board has accepted his resignation, a top official said on Tuesday.

The large cap stock fell 55.07% during the last one year and lost 55.96% since the beginning of this year.  25 of 40 brokerages rate the stock \"buy\" or 'outperform', 12 \"hold\" and three \"underperform\" or \"sell\", according to analysts' recommendations tracked by Reuters.

The domestic passenger vehicle industry returned to the growth path in October after three consecutive months of decline in sales but still endured a frustrating festive season this year registering a muted 1.55 percent increase in sales last month.

The automotive industry has been witnessing subdued retail sales for passenger vehicles segment in recent months because of low consumer buying sentiment.