LIVE TV
ZEE Business
ZEE BUSINESS
हिंदी में पढ़ें  हिंदी में पढ़ें
Live TV
Live TV
  • Home
  • Budget 2021
  • Personal Finance
    • PPF
    • Mutual Funds
    • Income tax
    • EPFO
    • Income Tax Calculator
    • Personal Loan Calculator
    • Car Loan Calculator
    • Home Loan Calculator
    • SIP calculator
    • SWP Calculator
    • MF Returns Calculator
    • Lumpsum Calculator
  • India
    • Companies
    • Property
    • Startups
    • Uidai
  • Economy
    • Aviation
  • Tech
    • Mobiles
    • Apps
  • Auto
    • Cars
    • Bikes
  • Markets
    • Commodities
    • Currency
  • Jobs
  • Indian Railways
  • World
    • Economy
    • Politics
    • Markets
  • videos
  • photos
  • Authors
  • More ...
    • VIDEOS
    • PHOTOS

Read in App
Business News » World News

Uber boss to meet London transport chief in bid to keep licence

  • Twitter
  • Facebook
  • Linkedin
  • whatapp
  • View in App
Updated: Tue, Oct 03, 2017
02:23 pm
Reuters
RELATED NEWS
Expert Views: BIG! India's retail inflation eases to 4.59% in December Expert Views: BIG! India's retail inflation eases to 4.59% in December
Budget 2021 Expectations – HOME BUYERS to benefit if Govt accepts this demand; JLL CEO lists following demands Budget 2021 Expectations – HOME BUYERS to benefit if Govt accepts this demand; JLL CEO lists following demands
Jobs, land prices, Covid-19 vaccine, rural India, household savings, NBFCs, banks, consumption, capex - Positives and Negatives | EXPLAINED Jobs, land prices, Covid-19 vaccine, rural India, household savings, NBFCs, banks, consumption, capex - Positives and Negatives | EXPLAINED
Economy, markets, FIIs, chemicals, IT and Pharma - Make money, as India powers to new highs | EXPLAINED    Economy, markets, FIIs, chemicals, IT and Pharma - Make money, as India powers to new highs | EXPLAINED
Setback for China – Trend reversing in favour of India; SFI lands big blow! Know here WHY! Setback for China – Trend reversing in favour of India; SFI lands big blow! Know here WHY!

Uber`s new global boss Dara Khosrowshahi will meet London`s transport regulator on Tuesday as the taxi hailing app fights to keep its licence in one of its most important foreign markets.

Transport for London (TfL), which runs and regulates the capital`s transport system, shocked Uber last month by deeming it unfit to run a taxi service and refusing to renew its licence.

TfL cited the firm`s approach to reporting serious criminal offences and background checks on drivers.

Reuters reported on Monday that Uber`s top boss in Britain, Jo Bertram, would be quitting in the next few weeks to take up an undisclosed new role outside the company.

Uber`s British management has been criticised by London Mayor Sadiq Khan, who is also chairman of TfL. Khan said the firm needed to spend less time hiring "an army of PR experts and an army of lawyers" and instead address issues raised by TfL.

Khan, a centre-left politician from Britain`s opposition Labour Party, approved Tuesday`s meeting between Khosrowshahi and TfL Commissioner Mike Brown, who is in charge of TfL`s day-to-day operations.

Uber`s licence expired on Sept. 30 but its roughly 40,000 drivers are still be able to take passengers until an appeals process is exhausted, which could take several months.BOARD MEETING

Khosrowshahi was appointed Uber chief executive in August, replacing co-founder and former boss Travis Kalanick and has promised change at the $70-billion dollar firm.

He is battling to steer a new course for the app, which has faced regulatory crackdowns, court cases, bans and protests around the world, as well as several boardroom controversies.

In a sign of broader problems facing Uber, Khosrowshahi is also expected to call into a contentious board meeting in San Francisco on Tuesday which will look at cutting the influence of Kalanick, sources said.

The meeting will consider proposals to strip early investors of supervoting power and secure a multibillion-dollar investment. Kalanick, ousted by investors in June, contends that fellow Uber board members are moving too fast on a dramatic restructuring, sources said.

Trying to repair relations with the authorities in London, Khosrowshahi last week struck a more conciliatory tone in an open letter to Londoners, marking a new approach for a firm which has deployed a combative style to break into closed markets around the world.

"It`s ... true that we`ve got things wrong along the way. On behalf of everyone at Uber globally, I apologise for the mistakes we`ve made," he wrote in the open letter.

Uber`s fate in London will be decided by a judge who will rule on the appeal after it is submitted by Oct. 13.

Uber`s competitors are already trying to take its business. London`s second-biggest private hire firm Addison Lee said on Friday it was planning to increase its driver numbers in London by up to a quarter.

A source familiar with the matter told Reuters the announcement was designed to tap into the growing uncertainty among Uber drivers over their futures.

(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

TAGS:
Economy
RELATED NEWS
Expert Views: BIG! India's retail inflation eases to 4.59% in December Expert Views: BIG! India's retail inflation eases to 4.59% in December
Budget 2021 Expectations – HOME BUYERS to benefit if Govt accepts this demand; JLL CEO lists following demands Budget 2021 Expectations – HOME BUYERS to benefit if Govt accepts this demand; JLL CEO lists following demands
Jobs, land prices, Covid-19 vaccine, rural India, household savings, NBFCs, banks, consumption, capex - Positives and Negatives | EXPLAINED Jobs, land prices, Covid-19 vaccine, rural India, household savings, NBFCs, banks, consumption, capex - Positives and Negatives | EXPLAINED
Economy, markets, FIIs, chemicals, IT and Pharma - Make money, as India powers to new highs | EXPLAINED    Economy, markets, FIIs, chemicals, IT and Pharma - Make money, as India powers to new highs | EXPLAINED
Setback for China – Trend reversing in favour of India; SFI lands big blow! Know here WHY! Setback for China – Trend reversing in favour of India; SFI lands big blow! Know here WHY!

LATEST NEWS

7th Pay Commission: Big LTC allowance relief for central government employees! Modi Govt grants these relaxations

Budget 2021 Expectations LIVE: Check latest news, updates, demands of India Inc. here

Noida, Greater Noida, Jewar alert! Section 144 by Police till this date - Check order by Gautam Buddh Nagar Commissioner

Kangana Ranaut: Indians supporting farmers' protests are ''terrorists'', should be jailed

Stocks to Buy with Anil Singhvi: This market expert recommends Hero MotoCorp - Here is why

SBI MF Retirement Benefit Scheme: 200% returns than FD! Term insurance of up to Rs 50 lakh! Should you invest? EXPLAINED

SBI to HDFC Bank, Escorts, Bajaj Finance, Kotak Bank, Cipla to SBI Life - The “Make or Break” Union Budget - Expectations 2021-22

RBI proposals to restrict land financing by NBFCs: Report

Amazing pagdi! PM Narendra Modi's turban pics go viral! Know story behind headgear and who gifted it

Delhi Metro News: Big decision by DMRC! No entry, exit on these stations; see full list, know reason

  • India News
  • World News
  • Companies News
  • Market News
  • Personal Finance News
  • Technology News
  • Automobile News
  • Small Business News
  • Income Tax Calculator
  • Live TV
  • Videos
  • Photos
  • Author
  • Rss Feed
  • Advertise with us
  • Privacy Policy
  • Legal Disclaimer

Latest Trending Updates

  • EPFO
  • Budget 2020
  • Income Tax Return
  • Auto Expo 2020
  • Home Loan
  • Business News

Trending Topics

  • Income Tax
  • income Tax Calculator
  • 7th Pay Commission
  • Reserve Bank of India
  • GST
  • Latest Business News

Follow us on

zeebiz
zeebiz

Partner Sites

  • Zee News
  • Hindi News
  • Marathi News
  • Bengali News
  • Tamil News
  • Malayalam News
  • Gujarati News
  • Telugu News
  • Kannada News
  • DNA
  • WION
Copyright © Zee Media Corporation Ltd. All rights reserved