Thursday, March 28

Tag: 2025

Uber Aims to Go Fully-Electric in London in 2025
News

Uber Aims to Go Fully-Electric in London in 2025

The cab aggregator Uber has planned for every car on its taxi app in London to be fully electric in 2025, It would also add a clean air fee to each trip from early next year. The rapidly-expanding firm is simultaneously trying to appease regulators in key markets such as London, with initiatives such as on environmentally-friendly vehicles, as well as expanding into new areas ahead of a flotation. "It's going to be part of the family and how the capitalization looks like is something that we are ultimately open to but it is not an area of focus right now." Chief Executive Dara Khosrowshahi, who pulled out of a Saudi conference after the murder of journalist Jamal Khashoggi, also said the firm would wait for answers about the incident before deciding how that might affect Saudi investm...
India Will Receive $35-40 Billion Worth Impact Investments By 2025
INDIA

India Will Receive $35-40 Billion Worth Impact Investments By 2025

India is projected to see impact investments worth up to USD 40 billion by 2025 as the country is in a "sweet spot" with high potential to deliver solutions for various problems, according to global grouping GIIN. Based in New York, the Global Impact Investing Network (GIIN) is a not-for-profit group that works to promote impact investments and has around 230 members. Generally, impact investments refer to those made with the aim of having a social and environmental impact along with the investors getting financial returns. GIINs Advisor for South Asia, Anil Sinha said, there has been tremendous development in India around impact investing activities in the last five years and the country is in a sweet spot. "In India, about USD 4 billion has been invested as part of impact inv...