Modus operandi includes calls with lucrative offers, phishing sites to lure customers to reveal personal details, identity of bank staff including ID card, approvals on counterfeit letterhead and craftily designed seemingly-genuine text messages

The NHB directive advises housing finance companies to avoid extending loans to under-construction projects that are already using subvention schemes

The latest layoff, represent about 8% of the organisation, with 170 people from product team, and 265 from engineering. This is the second round of cuts in recent months as Uber had fired 400 employees from its marketing team in July

Now with the SC upholding the appellate tribunal's order, the director general (DG), investigating arm of CCI, would investigate Uber's practices and evaluate their impact on the market

The new technology systems are poised to transform the manufacturing and agricultural sectors too, altering existing product lines and launching new product cycles. How rosy are the prospects for India in sustainable catching up in this digital economy?

Uber charges Rs 6 per km for up to 20 km and Rs 12 per km thereafter at a base fare of Rs 40 for UberGO. The ride time charges - calculated on the basis of total time of the ride - for 'UberPOOL' and 'UberX' have also been hiked to Rs 1.5 per minute.

Uber, the app-based cab aggregator, is collaborating with Telangana government to help members from backward classes and scheduled tribes become full time commercial drivers.

Cab-hailing app Uber on Friday said it will now present its riders in the US and in some parts of India with 'upfront fare', making it easier for customers to see how much they will have to pay for a ride.