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. This resulted in each state having varied guidelines. Once the …
The company has now sent a letter to the Transport Commissioner and said that the company will follow the government-prescribed fare.
In a major move to lure chinese customers and gain market share, Uber has now expanded its partnereship with Alibaba backed Chinese payment app Alipay. Uber Chinese riders across the 68 countries will now be able to pay through the app.
After the Aam Admi Party-led Delhi government said that it will take stern actions against Uber and Ola for causing hardship to commuters, taxi aggregators Uber and Ola have withdrawn price surging in the state. “We are temporarily suspending surge in Delhi following impounding and permit threats,” said Gagan Bhatia, GM, Uber North.
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%.