Uber Plans to Invest a Substantial Portion of $3.5 Billion Fundraise In India

Uber is moving ahead in its quest to build a global empire. This time, it turned to the Middle East for its biggest infusion of cash, $3.5 billion from a single investor, Saudi Arabia’s public investment fund. Travis Kalanick, one of Uber’s founders and its chief executive said, “We appreciate the vote of confidence in our business as we con…

Chennai Retains the Third Position as the Costliest Place in India

An average estimated increase of five percent increase in footwear and clothing and an increase of fourteen percent in the house rentals has made Chennai the third most expensive city in the nation. A New York based HR consulting firm has estimated that the city Chennai comes after Mumbai, which is the country’s costliest city followed by Delhi.…