It's a fact that Uber and Ola are impacting business: Jay Panda defends Nirmala Sitharaman
Wednesday, 11 September 2019 "Some people are unnecessarily trying to criticise the finance minister for no reason. We should separate fact from emotions. It is a fact that Uber and Ola are impacting the business. We cannot like it but we should accept facts," he added.
The NY Times and Business Insider report that Uber is holding acquisition talks with food delivery startup Postmates. Earlier this year Uber was reported to be holding acquisition talks with Grubhub. But those talks reportedly fell through. In mid-June Grubhub announced it was merging with Just Eat. Postmates is smaller than Grubhub, and would be more amenable to a take-over.
Just Eat Takeaway, a food-delivery service based in Europe, bought Grubhub. According to Gizmodo, while sales have spiked, operation costs have also been high. The acquisition of Grubhub makes it the largest digital food delivery service operator outside of China. Stories analyzing the deal pointed out a European deal was less likely to get blocked by antitrust regulators. Before Just Eat Takeaway acquired Grubhub, Uber wanted to also buy the food-delivery service.
Travis Kalanick is the founder of Uber. He was recently kicked out of the company. Business Insider reports that Kalanick founded CloudKitchens, a delivery-only restaurant operation. Kalanick says the company is the victim of arson. On Twitter, the company said two fires were started. They posted video evidence of the intruders. The company is worth more than $7 billion. It's funded from Kalanick's Uber wealth as well as Saudi Arabia.
Speaking on the controversial remarks given by the TMC MP Kalyan Banerjee on the Finance Minister Nirmala Sitharaman, BJP leader and spokesperson Sambit Patra on July 05 said that the remark in not only 'racist' but also 'misogynist'. He said, "TMC MP Kalyan Banerjee has called Finance Minister Nirmala Sitharaman 'Kala Nagini' which is highly condemnable. The comment has been made in a state where Goddess Kali is worshipped in every household. The remark is not only racist but also misogynist." Earlier, the TMC leader termed Sitharaman as the "the worst Finance Minister" and said the way people die due to bite of 'Kala Nagini' (venomous snake), same way, people are dying due to Nirmala Sitharaman."
Minister for State in Atomic Energy and Space, Jitendra Singh, on June 24 informed that a new institution IN-SPACE (Indian National Space, Promotion and Authorisation Centre) has been formed to guide private sector's participation in space activities. "A new institution has been formed. It will be known as Indian National Space, Promotion and Authorisation Centre. It'll guide the private industries in space activities through encouraging policies in a friendly regulatory environment," said Jitendra Singh in a cabinet briefing. This is a part of the reforms announced by Finance Minister Nirmala Sitharaman under coronavirus economic stimulus package last month.
Supreme Court on June 22 allowed Rath Yatra to be conducted in Puri, Odisha with certain restrictions. Union Minister of Petroleum and Natural Gas Dharmendra Pradhan welcomed the decision and said the guidelines by the Centre, state and Home Affairs Ministry will be followed. BJP National Vice President Baijayant Jay Panda said that SC's decision has come as a huge relief for the devotees. The event is held every year, the event only stopped during Mughal invasion but never in peace time. Petitioner Sarthak Nayak said that the Apex Court said that the Rath Yatra should be conducted in Puri only by following social distancing protocols, so it's the duty of the Centre to coordinate with different wings to perform the event without compromising with the health of the people.
Finance Minister Nirmala Sitharaman on Sunday allayed fears of job losses following the proposed merger of public sector banks, saying not even one employee... Mid-Day Also reported by •IndiaTimes •Hindu
*Chhattisgarh*: Bhupesh Baghel, the Chief Minister stated that both Uber and Ola are offering their services in the state and yet the automobile sector has grown... Mid-Day Also reported by •IndiaTimes