The move is likely to hike the cost of travel at a time when some states are enforcing a strict fuel ban on old vehicles, adding to anxiety over rising cost pressures
The campaign was launched in protest against the “declining per kilometer fares” offered by cab aggregators Ola, Uber and Rapido
Increase in riders comes at expense of revenue and profit for ride-hailing platform
Kejriwal approved the draft of the Motor Vehicle Aggregator Scheme 2023 that lays the foundation for regulating cab aggregators and delivery service providers in Delhi.
On description and calculation of fares, CCI has recommended that companies publish the break-up of total fare so as to appropriately reflect the surge component in the invoice generated on the App and sent to the riders and drivers.
To provide employment opportunities to women in the public transportation sector, the Aam Aadmi Party (AAP) government had announced on July 18 that it will bear 50 per cent of the cost to train them as commercial drivers.
In a meeting held on May 10 with cab aggregators, the government had warned of strict action unless they improve their systems and redress rising consumer complaints.
The government held a meeting on Tuesday with the ride-hailing platforms amid a rise in consumer complaints of alleged unfair trade practices by them, including ride cancellation policy, as drivers force customers to cancel trips after accepting bookings, which results in customers paying cancellation penalties.
The meeting has been called amid rise in consumer complaints of alleged unfair trade practices by these platforms, including ride cancellation policy as drivers force customers to cancel trips after accepting bookings, which results in customers paying cancellation penalties.
NCLAT had in January upheld CCI's finding which said Ola was not in a dominant position to abuse its position in Bengaluru as claimed by Meru
If CCI blocks Hyundai-Kia’s investment in Ola, M&M’s acquisition of 55 percent stake in Meru may hit the walls of the antitrust watchdog.
The firm is already in the works of setting up operations in Dhaka and Colombo, making it their first overseas expansion - where Uber, the US ride-hailing app, is already present.
The maximum penalty is 500,000 pounds (USD 662,350.00) under current British law for organisations that fail to notify affected users and regulators when data breaches occur.
Billionaire Mukesh Ambani-led Reliance Industries has no plans to launch an app-based taxi service as the company sees no logic in diversifying into unrelated sectors.
Mediated by the state government, the meeting between representatives of Rajdhani Tourist Driver Union and the managements of Ola and Uber saw no headway being made. However, the state has asked the companies to look into driver demands for reasonable compensation and other welfare measures.
A committee floated by the Ministry of Road Transport and Highways has backed the idea of three times surge pricing for economy cabs. The proposal also mentions that cab aggregators can charge upto four times the usual fare between midnight to 5 AM.
The new policy may skip issues like discounting and surge pricing. The government will only be verifying the software that calculates fares on cabs that run on ANI Technologies' Ola and Uber.
Last month, the Maharashtra Transport authority released a draft of the Mahrashtra City Taxi Rules, 2016 that aims to put cab aggregators under the ambit of local taxi licence in the state. If proposals are accepted then life will change for cab aggregators.
In the country‘s fledgling but growing taxi market, cab aggregators and carpooling companies are increasingly putting in place checks to ensure safety of their customers.
With an aim to regulate app-based taxi services, the Delhi government has drafted a policy under which cab companies will be bound to charge fares prescribed by the Transport Department.
Uber met Commerce and Industry Minister Nirmala Sitharaman in Bangalore and discussed several issues, including Karnataka's latest regulations on cab aggregators