Go Ad-Free
    My Alerts
    Moneycontrol
    Moneycontrol PRO
    HomeNewsOpinionCap on surge pricing — App cabs hit a speed hump

    Cap on surge pricing — App cabs hit a speed hump

    Proposed regulation not in sync with the mechanism of dynamic pricing; can increase compliance cost of ride-hailing aggregators

    Abhijit Kumar Dutta
    December 02, 2020 / 11:26 IST
    Heavy traffic congestion, lack parking slot availability, poor quality roads, expensive vehicle ownership cycle and reducing resale value are some of the reasons why more people are preferring ride-hailing platforms like Ola and Uber. In cities people prefer taking taxis for commute rather than owning and driving themselves (Image: Moneycontrol)
    • PRO Panorama

      Moneycontrol Pro Panorama | A new AI order is reshaping real estate 

      Nov 21, 2025 / 03:34 PM IST

      Moneycontrol's Pro Panorama November 21 edition: CAG audit reveals problems in Delhi's broken bus services, India’s private bank...

      Read Now
    Unlock This Article

    Are you a PRO subscriber? Sign In

    What Do You Get

    • Ad free Experience

      Seamless navigation, faster responses.

    • Expert Perspective

      Explore 230+ exclusive editorials every month

    • +

      Uncover Insights from World-Renowned Experts and Journalists

    • Actionable Insights

      40+ weekly investment ideas + 3 to 4 daily technical calls

    • Virtual Events

      Exclusive Live Webinars for Expert Trading & Investment Strategies!

    • Newsletters

      Stay ahead with daily and weekly insights

    View Offers

    Unlock exclusive discounts