Tag Archives: Do

Vijay Mallya Offer Rejected, Top Court Asks Him ‘When Do You Return?’

The lenders met on April 2 to discuss Mr Mallya’s offer of paying Rs 4,000 crore by September A group of banks have told the Supreme Court that they have rejected businessman Vijay Mallya’s offer to repay Rs 4,000 crore, less than half of what his defunct Kingfisher Airlines owes them. The lenders, led by State Bank of India (SBI), ... Read More »

Uber vs Ola in India: How Do They Stack Up?

It’s hard to believe that a company whose only product is an app on your phone that calls taxis it doesn’t even own, is valued at $62.5 billion (approximately Rs. 4,19,562.5 crores). Uber’s business model depends on being the middleman between the taxi driver and the rider, and managing transactions on the app. Doing this, Uber has scaled globally to ... Read More »