Uber Technologies Incs top European dealmaker is stepping down from his role, the latest in a series of management changes at the ride-hailing service. The U.S. company said on Wednesday that Fraser Robinson was quitting as head of business for Europe, Middle East and Africa (EMEA), but would continue as a senior adviser to the company. Robinson oversaw Uber raising $3.5 billion from Saudi Arabias sovereign wealth fund in 2016. After more than three outstanding years as Head of Business for EMEA at Uber, Fraser has decided to step down from his extremely demanding and travel-intensive role ... Read More

BMW launched the i8 in the Indian market in early 2015 and this is a sports car unlike any. Of course, like a sports car, it sits low and goes fast too. 0-100 km per hr comes in just 4.4 seconds.So what is it that makes the i8 a sports car unlike any. Starting off with the exterior, the design is very much futuristic. There are flowing lines and sharp design elements. Traditional of every Bimmer, you get the kidney grille up front flanked by sharper looking headlights with LED DRLs. ... Read More

Tamal Bandyopadhyay has been writing on the crisis in Indias banking sector for many years. At a time when it has come to a point that the government was forced to announce an unprecedented recapitalisation plan of Rs 2.1 trillion for public sector banks, Bandyopadhyay is releasing his new book on the subject. His new book From Lehman to Demonetisation A Decade of Disruptions, Reforms and Misadventures is a collection of his columns published over almost a decade since 2008, when Lehman Brothers filed for bankruptcy, and chronicles the Indian banking sectors journey to its nadir post the trans ... Read More

The RBI said on Wednesday that it expects retail inflation to be in the 4.3-4.7 per cent range during the second half of the current fiscal, marginally higher than projected earlier, on account of global crude oil prices and implementation of the 7th Pay Commission recommendations.It said the headline inflation outcomes have evolved broadly in line with projections. Going forward, the inflation path will be influenced by several factors,it said in the Fifth Bi-Monthly Monetary Policy Review unveiled on Wednesday, keeping the key policy or the repo rate unchanged at 6 per cent. In the previou ... Read More

It is turning out to be a very promising placement season for IITians. Not only were opening day job offers up by 16-48%, depending on the campus, but so were the salaries on offer. Microsoft (US) has reportedly emerged as the highest paying firm this year, offering students a package of around Rs 1.4 crore, inclusive of bonuses and stock options, for profiles in their Redmond headquarters. Uber, which has picked up one candidate each from IIT-Bombay and IIT-Madras, is next on the generous pay masters list, having offered a package of Rs 99.8 lakh. Foreign firms are not only making headlines ... Read More

Kapil Sharma released his second Bollywood film, Firangi, on Friday. According to a report in Times of India, the movie has managed to make Rs 6.30 crore in three days. It is a dismal performance for someone with Kapil Sharmas popularity and fanfare. On its opening day, the film received a lukewarm response. Firangi collected Rs 2 crore across India on Friday. Film critic and trade analyst Taran Adarsh took to Twitter to report Firangis first-day collection ... Read More