What Uber's fall in Singapore means for the taxi wars in India

THE ECONOMIC TIMES Mon, Mar 26, 2018 | 05:53 PM IST Daily Newsletter

Taxi war over in India? Singapore's fall may've just signalled Uber's end Just as Singapore's fall was the beginning of the end of Britain's sway in Asia, so will ceding the city make it very hard now for Uber to hold on to India.

A small SIP may be insufficient to meet your goals While the net result of the SIP phenomena is great, one can't help but notice that far too many investors are taking ...

Move over, Visa & Mastercard. You are decisively losing the India war Homegrown UPI is fast increasing market share against entrenched competition, while Visa Inc and Mastercard Inc are f...

PNB is just five days away from getting the defaulter tag If PNB doesn't pay up Rs 1,000 cr of UBI's dues in 5 days' time, the govt and RBI will have to step in to avoid an un...

More From our Partners Ideas to Innovation series: In conversation with the EY Entrepreneur of the Year Award Winner 2017 (Part 6) ​ Exclusive interview with Sunder Genomal, Managing Director, Page Industries and Glenn Saldanha, Chairman and MD, Glenmark Pharmaceuticals

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FEATURED STORIES

How a lady who knew little about finance ended up wealthy after learning 3 basic rules Here's an illuminating case study that proves there's nothing too complex about finance and money. One just has to be...read more Why Lingayats and other communities crave minority status »  Cold shoulder to FPIs costs India a $54 trillion opportunity »  Have you done your tax-saving right? »

More From our Partners Spotlight falls on ULIPs as MFs are stung by the LTCG bee Experts believe that the imposition of 10 percent tax on LTCG on direct equity and equity-oriented mutual funds on gains above Rs 1 lakh in a year, is bound to hurt investor sentiment.

Indian markets could decline by 20%, taking us below 30,000... Marc Faber, The Gloom, Boom & Doom Report

Latest Updates

Indian mkts could decline 20% to below 30,000: Marc Faber Over the next 10 years, you will still make more money in India than in the US, said Faber.... Earnings estimates too high, downside left in market: BofA-ML "India's macro situation is unlikely to get significantly better in the next 9 to 12 months."... Government may extend financial support of Rs 8,730 crore in FAME II The phase one or pilot phase of the scheme was to expire on March 31 and is likely to be extended by few more months,... China promises to address trade deficit concerns: India ...

Market Watch 26 Mar | 05:53PM| SENSEX NIFTY USD/INR GOLD 33066.41 ↑469.87 10130.65 ↑132.60 64.86 ↓-0.15 30826.00 ↓-81.00

MARKET NEWS

Sensex zooms 470 pts, Nifty50 reclaims 10,100. Five reasons why Positive global cues improved sentiment back home with European markets making a firm start....

India investment rebound hinges on this growth engine of economy This sector is likely to lead growth in gross fixed capital formation in India....

Gainers Losers 26 Mar, 2018, 05:53PM IST, PTI|View All Company Name Live Price Change (%) Volume High Low Hathway Cable & Datacom 37.70 11.70 1025060 38.30 33.40 Canara Bank 269.85 10.23 1173413 274.20 241.25 Network 18 Fincap 59.90 10.21 694386 61.10 54.00 MMTC 59.05 8.15 1069879 60.05 55.50 CESC 953.80 8.08 89861 961.80 867.00

MORE LINKS:Gainers|Losers|Movers|Only Buyers|Only Sellers|Surging Volumes|Indices

FEATURED SLIDESHOW

This is Karlmann King: The world's most expensive SUV Yamuna river bubbles with toxic foam Here's the latest on India's first bullet train project 20 years of Viagra: The blue pill that revolutionised the world More Slideshows

FROM THE NEWSPAPER

Only a third of Indian IT companies ready for EU privacy laws Potential damages of any breach of privacy of user data from Europe could cost Indian IT firms as much as 4 per cent ...

Indian, Chinese firms sign commercial deals worth nearly $2.36 bn These deals, coming in the run-up to trade talks, will help improve bilateral relations and give a fillip to products...

Indians sent record amount of money abroad in January Outbound remittances by individual residents touched a new high of $1.2 billion in January, according to Reserve Bank...

Indian advertisers grill Facebook over data breach Top advertisers also expressed a broader concern over the spread of fake news through the platform, echoing sentiment...

Sistema bids highest for remaining assets of RCom Sistema JFSC's bid stands at $1.2 billion (Rs 7,800 crore) in addition to about $300 million (Rs 2,000 crore) that Re...

VIDEOS

IPL 2018: Rahane replaces Smith as RR captain ED attaches Nirav Modi's ring worth Rs 10 cr Sensex soars 470 pts, Nifty reclaims 10,100 mark Now, Cong deletes its app from Google play store More Videos

ET PANACHE

Instagram to beat other social media channels this year, suggest 80% of influencers Ed Westwick deletes tweets denying sexual assault allegations It's odd to be at the centre of pay-gap uproar, says Claire Foy Melania Trump to stay in Florida for spring break, but Donald will return to Washington DC Read more from Panache

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