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Company News: Companies Analysis, Updates & Insights | The HinduBusinessLine

Boiler blast at Vedanta plant in Chhattisgarh kills 11, injures 22 Madhya Pradesh CM says basmati rice from the State is exported to 47 nations IMD forecast of below-normal Indian monsoon poses risk to agriculture, economy Sify data centre arm IPO on track and will be timed with market conditions, says CFO BALCO deploys AI humanoid agent for real-time training, operations and safety Funskool clocks $40 million revenue in FY26, despite tariff headwinds Val-Met Engineering secures ₹200 crore funding from Nuvama Crossover Opportunities Funds BEML secures $36.38 million export order from West Asia region Chitale Bandhu Mithaiwale to inaugurate new production facility near Pune NCLT allows personal guarantee case against Videocon promoter Dhoot No immediate impact of US blocking Iranian vessels on India’s crude cargoes Indian spacetech startups shift gears from R&D to scalable manufacturing Protest by factory workers in Noida, Faridabad turns violent Sharon Pais takes over as Head of Myntra Nadir Godrej to retire as chairperson, Pirojsha Godrej named successor APAC emerges as growth engine amid data sovereignty push: IBM’s Hans Dekkers Unicharm India expands Diabetes Care portfolio Sarovar Hotels sees traction in tier II cities, pilgrimage towns Motherson Sumi Wiring says no impact on operations amid Noida labour protests Aster DM Healthcare invests ₹96 cr to expand Aster Whitefield by 159 beds Ola Electric launches S1 X+ 5.2 kWh with 4680 Bharat Cells India’s active LED display market hits ₹2,000 crore China’s TCL is said to consider stake sale in India TV business Strengthening R&D, investment key for Indian drugmakers to lead globally: Nadda Piper Serica deploys ₹210 crore in 33 start-ups; to invest remaining ₹63 crore in 2-3 months NCLAT adjourns hearing on Vedanta plea against selection of Adani's bid for JAL GE Aerospace signs contract with Indian Air Force to help establish in-country depot for F404-IN20 engines RateGain launches AI-driven hotel marketing certification programme Q4 Results This Week: HDFC Bank, ICICI Bank, Wipro, Just Dial among 42 companies reporting GE Aerospace scales AI from pilots to production; India anchors global capability Juno Joule Bio Fuels begins construction of compressed bio-gas project in Telangana Mcap of 8 of top-10 most valued firms jumps ₹4.13 lakh cr; HDFC, ICICI Bank top gainers Coal India absorbs cost surge to shield consumers from price spike Shell steps up LNG supplies to India, wins major fertiliser tenders after Gulf disruptions Luxury carmakers hope West Asia ceasefire will lift consumer sentiment Pharma and healthcare companies to face continued margin pressure: HDFC Securities Maruti Suzuki to launch 4 EVs by 2031 India Inc flags surge in cost of packaging raw material, seeks relief measures Orbicular gets USFDA’s tentative nod for generic Semaglutide Injection in partnership with Apotex Reliance seeks government approval to buy Iranian crude oil IPL 2026: Ad volume witness marginal dip in first 13 matches West Asia Crisis: Induction cooking may consume 13-27 GW power Tractor sales cross 10 lakh mark in FY26 on strong rural demand, GST cut India to continue buying Russian crude oil India comfortable on crude and LPG supply on diversified sourcing, says IOC chairman Vingroup plans 60,000 EV fleet as part of $6.5 billion Maharashtra push TVS Srichakra assumes US sponsorship rights to boost global brand visibility Vedanta Aluminium signs pact with two downstream companies Shapoorji Pallonji group reiterates call for public listing of Tata Sons THINK Gas launches GIS platform for instant PNG availability check, faster connections Swiggy co-founder Nandan Reddy to exit; 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Uber CEO Khosrowshahi meets FM Sitharaman, discusses India investment roadmap
2026-05-12 · via Company News: Companies Analysis, Updates & Insights | The HinduBusinessLine
Uber CEO Dara Khosrowshahi, along with a delegation, calls on Union Minister of Finance and Corporate Affairs Nirmala Sitharaman, in New Delhi on Tuesday.

Uber CEO Dara Khosrowshahi, along with a delegation, calls on Union Minister of Finance and Corporate Affairs Nirmala Sitharaman, in New Delhi on Tuesday. | Photo Credit: @nsitharamanoffc X/ANI Photo

Uber Chief Executive Officer Dara Khosrowshahi on Tuesday met Union Finance Minister Nirmala Sitharaman in New Delhi and discussed the company’s strategic investment roadmap for India.

Following the meeting, Khosrowshahi shared details of the discussion in a social media post, stating that Uber sees itself as a long-term partner in India’s growth journey towards Viksit Bharat 2047.

“Honored to meet with Finance Minister Nirmala Sitharaman today in Delhi,” Khosrowshahi said in his post.

He also highlighted the growth of Uber’s platform in India since his previous meeting with the Finance Minister in 2022.

“When we last met in 2022, we made a promise. I’m proud to share we’ve kept it - the number of earners on Uber’s platform in India has quadrupled since we last met,” he stated.

According to the post, discussions during the meeting focused on Uber’s future investment plans in India and the role digital mobility platforms can play in supporting economic growth.

“We had a rich conversation about Uber’s strategic investment roadmap for India and how platforms like ours can be genuine partners in the journey toward Viksit Bharat 2047,” Khosrowshahi added.

Apart from meeting the Finance Minister, the Uber CEO also met G20 Sherpa and former NITI Aayog CEO Amitabh Kant on Tuesday.

In a separate social media post, Kant said Uber’s journey in India reflects the country’s broader sustainable mobility and startup growth story.

“Wonderful to meet Dara Khosrowshahi in Delhi,” Kant wrote.

Kant recalled that when Prime Minister Narendra Modi launched the Startup India initiative nearly a decade ago, Uber was still a relatively new company in India.

“A decade ago, when PM Narendra Modi launched Startup India, Uber was still a fresh arrival in India and few imagined the scale of transformation that would follow,” he stated.

According to Kant, Uber has evolved significantly in India over the years and expanded beyond premium cab services.

“What strikes me most is how Uber has evolved from a premium cab service into a true mobility platform for every Indian through its many offerings like Uber Bike and Autos bringing affordable last-mile connectivity to millions,” he said.

Kant also highlighted Uber’s technology operations in India and said the company is contributing to the “Create in India” vision through its technology centres in the country.

“Uber is an example of not just serving India but Create in India by building tech solutions out of world-class tech centres in India,” he added.

Published on May 12, 2026