• Uber CEO Travis Kalanick steps down

    San Francisco: Global ride-hailing service Uber's embattled CEO Travis Kalanick has stepped down following a strong opposition from shareholders, media reported on Wednesday.According to a report in the New York Times, Uber's five major investors had demanded that the chief executive resign immediat...

  • Bike-sharing schemes: Flourishing or running riot?

    By Liu Qin and Zhang ChunAlmost a hundred Chinese cities now have bike-sharing schemes. The bikes, in various colours, have GPS trackers and can be unlocked simply by scanning a barcode on the frame with your phone. China may be creating a new model of transportation that could be adopted globally.Z...

  • Uber fires executive accused of stealing from Google

    San Francisco: Global cab-hailing service Uber has fired Anthony Levandowski, who earlier headed its self-driving car project, for allegedly stealing some 14,000 documents from Google's Waymo.Waymo is an autonomous car development company spun out of Google's parent company Alphabet. Levandowski was...

  • Airbus starts building helicopter plant in China

    Beijing: Airbus Group's helicopter manufacturing arm on Saturday began construction of its first assembly line for commercial aircraft in China.The plant, located in Qingdao city in Shandong province, will be jointly operated by Airbus Helicopters and Qingdao United General Aviation Company, Xinhua ...

  • Honda Cars expects higher growth than automotive sector this fiscal

    Hyderabad: After 18 percent degrowth in sales volume during 2016-17, Honda Cars India registered over 38 percent growth in April and expects to do "a bit" better than the likely growth rate of 7-8 percent of the automotive sector during the current fiscal.Yoichiro Ueno, President and CEO, Honda Cars...

  • Uber to roll out Snapchat custom filters in India

    New Delhi: Ride-sharing app Uber on Wednesday announced that from Thursday it will begin a phased roll-out of a new feature in India that will enable users to unlock custom Snapchat filters on their ride.From letting their friends know when they will arrive with the Estimated Time of Arrival (ETA) f...

  • Two in-house sports cars bring zing to India's automotive industry

    New Delhi: India may have moved up the automotive industry ladder, having the fifth-largest passenger vehicle market in the world, but is yet to make a mark in the global sports car scene. Powering India into this virgin segment are two Indian automotive designers -- Dilip Chhabria and Shahid Haq --...

  • Driverless cars to go on test drive in UK in 2019

    London: A consortium of British companies on Monday unveiled a plan to test driverless cars on UK roads and motorways in 2019, the media reported.The Driven consortium led by Oxbotica, which makes software for driverless vehicles, also plans to try out a fleet of autonomous vehicles between London a...

  • StoreKing to help Xiaomi India expand to hinterland

    Submitted by Rashmi on Tue, 2016-10-18 14:05 Bengaluru: Rural retail commerce provider StoreKing on Tuesday announced its partnership with smartphone manufacturer Xiaomi India to help increase their offline presence in the country's rural areas."With Mi India on-board, we aim to serve rur...

  • Many regulatory speed-bumps before bike taxis enjoy smooth ride

    Submitted by alvin on Tue, 2016-08-16 15:35 Image: M-Taxi-Facebook New Delhi: Stuck in huge, peak-hour jams, have you ever envied two-wheelers easily winding their way through the densest of traffic? That's perhaps why some private cab aggregators came up with the nifty idea of bike tax...

  • CREO announces new update to its FUEL OS

    Submitted by alvin on Thu, 2016-07-21 10:13 Bengaluru: Domestic consumer technology company CREO on Wednesday announced the July update to its indigenous Android-based operating system "FUEL OS" that powers its flagship smartphone "Mark 1".The latest update is aimed at letting users recla...

  • Mitsubishi Elevator sets up plant near Bengaluru for Indian market

    Submitted by Editor on Tue, 2016-07-19 20:28 Bengaluru: Elevator maker Mitsubishi Elevator India Pvt Ltd will start serving the Indian market from its plant near Bengaluru from December onwards, said a top company official.The company is a wholly owned subsidiary of Japan's Mitsubishi Ele...