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2 mins read

Budget 2024: Can Lakhpati Didi Yojana’s reality inspire better focus on women?

A Lakhpati Didi is a rural woman whose annual household income exceeds Rs. 1 lakh.

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Budget allocation for rural development ministry up by 12%

The Narendra Modi government on Thursday increased the rural development ministry's budget to Rs 1.…

PTI   


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Didi soars 68% after report says China is set to end cybersecurity probe and allow new users on the ride-hailing app

Didi's apps are expected to return to China's domestic stores after Beijing's crackdown on the tech…

Carla Mozée   


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Didi plummets 42% and extends pain for Chinese stocks as it halts plan to list shares on Hong Kong exchange

Chinese stocks were already under pressure after the SEC identified five companies that could be de…

Matthew Fox   


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Weilun Soon   


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Uber lost almost $6 billion in the first quarter as shares of Asian ride-hailing giants Didi and Grab tanked

Shares of China-based Didi and Singapore-based Grab have plunged since they were listed in the US l…

Huileng Tan   


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Alibaba soars 10% as Chinese tech stocks rally after Beijing signals it will pause crackdown on the sector and bolster economic growth

The rally was set off in the wake of a meeting by China's economic planning committee, the Politbur…

Carla Mozée   


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DiDi sinks 22% as the China ride-hail giant plans to hold vote on potential delisting of US shares

DiDi will hold a shareholders' vote on the delisting of its NYSE-listed shares in May. The company …

Carla Mozée   


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Alibaba, Tencent and other Chinese techs slide in Hong Kong after Didi bows to pressure to delist in New York

Chinese techs in Hong Kong fell after ride-hailing giant Didi bowed to pressure to pull its US off…

Karen Friar   


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1 min read

Didi climbs following report Beijing's city government is seeking control of the ride-hailing company

Municipal investment in the ride-hailing app would give state-run firms control of Didi.

Carla Mozée   


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1 min read

Didi climbs as the ride-hail giant reportedly considers handing over control of data to placate Chinese regulators

The ride-hailing firm has suggested various proposals, including handing over its data management t…

Isabelle Lee   


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1 min read

Didi falls 10% on reports that China is planning heavy penalties for the ride-share giant following its US IPO

Regulators were looking at a range of penalties. Measures could include forcing the company to deli…

Isabelle Lee   


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Chinese regulators call in Didi and 10 other ride-hailing companies, to tell them to fall in line immediately

Transport authorities told the ride-hailing services to review their use of unapproved drivers and …

Sophie Kiderlin   


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Didi slides 11% after China launches a cybersecurity review of the company days after its US IPO

China's internet regulator said it wants to prevent "national data security risks" with its review …

Carla Mozée   


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3 mins read

Isabelle Lee   


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Didi falls as Chinese officials send police to offices as part of sweeping cybersecurity probe

A task force of seven ministries was sent to conduct an on-site review at Didi's offices as Beijing…

Carla Mozée   


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Didi's US shares plunge 25% after China cracks down on ride-hailing app, just days after $68 billion IPO

China on Sunday ordered app stores to remove Didi, the country's biggest ride-hailing app, only day…

Harry Robertson