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

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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 bets big on India with two new tech centres in Bengaluru, Hyderabad
2026-05-14 · via Company News: Companies Analysis, Updates & Insights | The HinduBusinessLine
Uber CEO Dara Khosrowshahi (file photo)

Uber CEO Dara Khosrowshahi (file photo) | Photo Credit: REUTERS

Uber to set up two new technology centres in Bengaluru and Hyderabad by the end of 2027, chief executive Dara Khosrowshahi said during a town hall at the company’s Bengaluru office on Thursday.

The Bengaluru tech centre will span 1.1 million square feet with seating capacity for 5,000 employees, while the Hyderabad facility will house around 4,600 employees across 901,115 square feet, according to people aware of the matter.

The expansion comes a day after Uber announced a partnership with Adani Group to set up its first data centre in India, signalling the company’s increasing focus on building local infrastructure and engineering capabilities in the country.

Khosrowshahi, who met Finance Minister Nirmala Sitharaman earlier this week in New Delhi, also visited Uber’s Hyderabad office on Wednesday as part of his India trip.

India Focus

At the town hall, Khosrowshahi highlighted India’s growing importance in Uber’s global strategy, particularly in the two-wheeler mobility segment. “Two-wheelers remain an important category for us in India. We are no longer behind in the two-wheeler market. Two years ago, we were not even discussing this category, and now it has become a key market,” he said.

The two-wheeler business has emerged as one of Uber India’s fastest-growing categories despite ongoing regulatory challenges across states. The company has been expanding deeper into the segment through mobility and logistics offerings.

Last December, Uber launched a business-to-business logistics network on the Open Network for Digital Commerce platform, strengthening its presence in the two-wheeler ecosystem.

The company has also been stepping up investments in India amid rising competition from rivals such as Rapido. In February, Uber infused nearly $330 million into its India unit to support growth and expansion plans.

Published on May 14, 2026