Latest News on Grab
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Dec 05, 2017
ED attaches Rs 20 crore worth of assets of Chhagan Bhujbal in connection with money laundering probeThe ED has issued a fresh order attaching assets worth Rs 20.41 crore in connection with its money laundering probe against former Maharashtra deputy chief minister Chhagan Bhujbal and others
Nov 21, 2017
SoftBank funding may spur Uber to re-think tough Southeast Asian marketSoftBank has also been a big investor in Uber’s rivals across Asia, including Southeast Asia’s Grab, China’s DiDi Chuxing, and India’s Ola
Nov 16, 2017
Thomas Chandy's resignation averts constitutional crisis in Kerala, but Pinarayi Vijayan may regret going slow on 'tainted' ministerA constitutional crisis in Kerala has been averted with Transport Minister Thomas Chandy resigning from the 18-month-old Pinarayi Vijayan government, but the issue may continue to haunt the Communist Party of India (Marxist)-led Left Democratic Front (LDF) for a long time.
Nov 15, 2017
Facing corruption allegations, Kerala transport minister Thomas Chandy resigns from Pinarayi Vijayan CabinetKerala NCP leader Thomas Chandy resigned from the Pinarayi Vijayan Cabinet on Wednesday following corupption charges against him.
Oct 20, 2017
Ride hailing company Grab secures $700 million in funding; plans to expand its car rental programmeGrab said it would make more cars available for rent, and provide more favourable terms and services for drivers.
Oct 09, 2017
Temasek's venture capital arm Vertex Ventures raises $210 million fund for India and Southeast Asia investmentThe new fund is Vertex’s first with external investors. Vertex’s previous two funds for southeast Asia were fully funded by Temasek Holdings.
Aug 27, 2017
Philippines will lift suspension on Uber if the ride-hailing service pays a hefty penalty of $3.7 millionUber, which said it did not process those applications, later told the LTFRB it could pay a fine of 10 million pesos to get the suspension lifted.
Aug 23, 2017
True price of an Uber ride in question as company looks to replace KalanickAs Uber tries to hire a new chief executive amongst controversies, a resolve to the bitter dispute with the old one, Travis Kalanick still awaits.
Aug 19, 2017
NuTonomy to partner with Grab to turn a self-driving car test pilot in Singapore into a commercial serviceNuTonomy plans to charge riders for the service in Singapore, albeit still with a human driver ready to take over if needed, as is done today in most tests.
Aug 16, 2017
Tamil Nadu real estate series Part 3: Land grabbing becomes political turf as citizens suffer convoluted legal battlesWhile the claims of widespread land grabbing by the DMK during their regime from 2006-11 are not without basis, Jayalalithaa used these claims also to settle political scores.