With the Motor Vehicle Bill coming in place, the government will now have the power to regulate Uber and Ola. Many states lack the norms to regulate app-based cab services.…
The Motor Vehicles Act clearly says that they have to go by the taxi meter, as per the ministry. The government has formed a committee under Roads Secretary Sanjay Mitra to draw up guidelines for taxi aggregators. Auto and taxi operators in the Capital went on a three-day strike opposing Ola and Uber operations.
The High Court in Delhi has asked Delhi government to file a reply on steps taken by Govt to stop Ola & Uber from charging fares arbitrarily during the odd-even phase. The Delhi government has said that it will take strict action against Uber and Ola for causing hardship to commuters and charging exorbitant prices.
Bhavish Agarwal, the founder of Ola Cabs, has taken to twitter to state that reports of alleged ola-uber deal as mentioned in DNA, was an attempt by Uber to malign their image. “We’re here for the long run. Planted malicious stories are a sign of others desperation!,” Bhavish said in his tweet.
“We will initiate appropriate legal action and seek redressal and compensation for the damage caused to us by this irresponsible reporting from DNA. We are shocked and dismayed at the lack of journalistic ethics in carrying the story, despite our repeated denial to the reporter and the publication’s editorial representatives.”
Reportedly, Uber is aiming to acquire a controlling stake in Ola. Uber will then be likely to get around 74% share, leaving only 26% to SoftBank. ANI technologies, promoters of OLA cabs have categorically denied any intention to sell its stake to Uber. “We would like to state that the article is completely false, malicious.”
Starting today, the company has reduced its uberGO prices.Prices have been slashed by upto 22% in Jodhpur and Udaipur while in Mangalore the prices have been cut by 20%.
In his speech at the Stand Up India event, Shri Narendra Modi referred to the Ola app as a simple and easy to use app that addresses the needs of millions of customers and drivers in the country. We are honoured that he inaugurated our new E-RICK category by taking the first Ola E-Rickshaw ride. [Bhavish, Ola Cofounder]
Narendra Modi distributed 5100 E-Rickshaws under the Mudra Yojna Scheme. Under this program e-rickshaws are slotted for distribution in the Delhi-NCR area and Faridabad. Customers will be able to book e-rickshaws through the Ola mobile app and make online payment via Freecharge.
In Surge pricing fare rates automatically increase, when the taxi demand is higher than drivers around you. However, according to state department policy, fares and other charges cannot be higher than the fare fixed by the government and the apps can only charge within a band the upper limit of which is capped.