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Uber, Ola cars seized in ‘surge pricing’ op

  Bangalore / Bloomberg Uber Technologies Inc. and its competitor in India, Ola, have had cars seized this week in the country’s technology capital of Bangalore for allegedly overcharging customers, a city transport official said. More than 30 Uber and Ola vehicles have been impounded, said Rame Gowda, the Bangalore-based commissioner of transport and road safety. He said operations against ...

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India’s TCS to appeal $940mn in damages

  New Delhi / AFP India’s biggest IT outsourcing firm Tata Consultancy Services (TCS) says it will challenge $940 million in damages imposed by a US court in an intellectual property theft case. A federal grand jury in the US state of Wisconsin found TCS and its American unit guilty of using data from a US medical software firm without ...

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Billionaire’s spree undermines India’s airwave auction

  New Delhi / Bloomberg As Bharti Airtel Ltd. prepares for more competition from the nation’s richest man, the government may be bracing for collateral damage. That’s because India’s largest mobile-phone carrier has bought enough airwaves in the past month to be able to provide 4G services everywhere in the country, reducing Bharti’s need to bid for spectrum in an ...

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