associate sponsors

Havells
HDFC

Uber names former Tata Sons exec as India business development head | Reuters

MUMBAI U.S. ride-hailing giant Uber Technologies said on Thursday it has tapped Madhu Kannan as its chief business officer for India and emerging markets. The company said Kannan will be responsible for growing its business in India as well as across new emerging markets in the Asia Pacific region, through strategic partnerships.Uber declined to provide details on the countries that would fall under his purview. Kannan was previously the group head of business development at Tata Sons and prior to that he was chief executive of the Bombay Stock Exchange.

India, one of the world's fastest growing taxi markets, has become Uber's main battleground in Asia after it folded its China business into local rival Didi Chuxing.

It is locked in a fierce market share battle with domestic rival Ola in India, but Uber's CEO Travis Kalanick recently said he does see a path to profitability for the ride-sharing firm in India.

(Reporting by Sankalp Phartiyal; Editing by Euan Rocha)

This story has not been edited by Firstpost staff and is generated by auto-feed.


Updated Date: Feb 02, 2017 21:45 PM

Also Watch

Social Media Star: Abhishek Bachchan, Varun Grover reveal how they handle selfies, trolls and broccoli
  • Monday, July 16, 2018 It's a Wrap: Soorma star Diljit Dosanjh and Hockey legend Sandeep Singh in conversation with Parul Sharma
  • Monday, July 16, 2018 Watch: Dalit man in Uttar Pradesh defies decades of prejudice by taking out baraat in Thakur-dominated Nizampur village
  • Monday, July 16, 2018 India's water crisis: After govt apathy, Odisha farmer carves out 3-km canal from hills to tackle scarcity in village
  • Sunday, July 15, 2018 Maurizio Sarri, named as new Chelsea manager, is owner Roman Abramovich's latest gamble in quest for 'perfect football'

Also See