Where losers are winners

I was at once amused, astonished and aghast at a couple of news items that appeared one below the other in a national daily. PayTM, a much touted desi payment app, hogged the headlines for two diametrically opposite reasons. One proudly proclaimed that PayTM’s parent company would be bidding for a sizeable stake in the private sector Yes Bank. And another announced that the same parent has tripled its losses in three years between FY2016-19, from Rs 1,500 crore to Rs 4,217 crore. Continue Reading

Uber tests 24X7 helpline

Ride hailing major Uber is piloting a 24×7 on-trip helpline to boost the safety of its passengers, company sources said. The security measure seeks to address the need for direct human intervention instead of a callback after a lag, they said. Continue Reading