Indian cab-hailing firm Ola has claimed that over 10,000 private hire vehicle drivers in Lon-don have registered with the platform. This comes within 3 weeks of announcing its plans to start operations in London. Ola, operating in the UK since 2018, got the licence to operate in London in 2019. It has expanded rapidly across the UK since its launch.
Pronouncing Natarajan Chandrasekaran’s appointment as executive chairman of Tata Group illegal, National Company Law Appellate Tribunal restored Cyrus Mistry as its chairman. His legal restoration came 3 years after his removal from the board of the group. NCLAT held that Tata Sons cannot force him to sell his shares till the disposal of his appeal.
Zomato announced its ‘On-Time or Free’ delivery services. Zomoto claimed that users will be paid back if their orders were not delivered on time. It said that 'On-Time or Free' will be applicable for the entire Zomato menu of thousands of restaurants across 100+ cities.' By this, Zomato becomes the first and only food app to offer guaranteed delivery.
Airtel Digital TV and Dish TV have reportedly agreed to merge their direct to home television service operations. With combined subscribers of over 40mn, they are considered to be among the largest TV distribution companies in the world. The move is said to be competing Jio that is planning to integrate television service with its Jio Fiber broadband.
The Andhra Pradesh government is supplying onions at the subsidised rate of Rs 25 per kg, leading to a near-stampede at a farmers' market in Vizianagaram district. Each family will get only 1 kg of onions. As onion prices soared in the country, the central government reduced the stock limit for the wholesalers to 25 tonnes and retailers to 5 tonnes.
Kerala-born the UAE based businessman M A Yusuff Ali’s LuLu Group has converted the old headquarters of the Scotland Yard to a luxury hotel. The group had acquired the property in London for Rs 1,025cr and converted it into a luxury hotel. Lulu said that it has chosen a décor that stays true to the iconic building’s Edwardian and Victorian architecture.