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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 India, South Asia, President Prabhjeet Singh steps down after 11 years
S Ronendra Singh · 2026-06-26 · via Company News: Companies Analysis, Updates & Insights | The HinduBusinessLine
(file photo)President, Uber India and South Asia, Prabhjeet Singh

(file photo)President, Uber India and South Asia, Prabhjeet Singh | Photo Credit: SUDHAKARA JAIN

Prabhjeet Singh has stepped down as President of Uber India and South Asia after an 11-year stint to pursue another leadership opportunity, sources told businessline.

Sources said Uber's India leadership team will continue to manage day-to-day operations, closely supported by the Asia Pacific (APAC) leadership, until a transition is finalized.

Singh’s exit follows a week-long visit to India last month by Uber Chief Executive Officer Dara Khosrowshahi, who met with senior Cabinet Ministers in New Delhi and visited Mumbai, alongside the company’s tech centres in Bengaluru and Hyderabad.

Confirming Singh’s resignation, an Uber spokeswoman stated that India remains a crucial driver of innovation and long-term growth.

Key initiatives

During Singh’s tenure, the ride-hailing platform rolled out several key initiatives, including the induction of electric vehicles (EVs) for eco-friendly rides and the launch of Uber Black, its premium mobility offering in Delhi, Mumbai, and Bengaluru.

In January, the company announced plans to double its current fleet size by the end of this year.

According to a report released this year, Indians used Uber more than ever before, with trips spanning over 11.6 billion kilometres in 2025, a 26.5 per cent surge compared to 2024. This translates to over 3.2 million trips from Srinagar to Kanyakumari over the year, or roughly 8,840 daily journeys.

Singh joined Uber in August 2015 from McKinsey & Company, initially leading operations and city expansion before taking the helm as President for India and South Asia in July 2020. In that role, he oversaw business operations across India, Bangladesh, and Sri Lanka.

Published on June 26, 2026