CAB AGGREGATORS
EV policy: Petrol two-wheelers to be barred from registration in Delhi from 2028
Delhi is set to ban new petrol two-wheeler registrations from April 2028. Electric models will be mandatory for new two-wheeler registrations from FY29. Three-wheelers will also transition to electric-only from January 2027. School buses and commercial fleets face phased electrification targets. These measures aim to boost clean mobility and reduce pollution in the capital.
Who is Nimisha Nair, actress who posted video of 'drunk men' blocking cab, harassing her in Mumbai?
Nimisha Nair in a social media post posted a video of 'drunk men' blocking a cab she was travelling in and harassing her in Mumbai. Nimisha Nair is an emerging Indian actress and entrepreneur and was born in Delhi. Nimisha Nair is known for her roles in Trial by Fire and Amar Colony, and her performance was widely appreciated.
₹5,950 cab charge for a ₹285 trip? Bengaluru user flags 'new scam by cab drivers'
Bangalore Ola Driver Scam: A Bengaluru commuter reported a cab driver attempted to charge ₹5,950 for a ₹285 Ola ride, demanding payment via a personal device. The situation escalated with aggressive behavior and a language barrier, only defusing when the passenger's landlord intervened. The driver fled before reaching the police station.
US-based Accel Leaders Fund may join Rapido’s $600 million round: Sources
Along with the two investors, Accel’s India outfit is also participating in the transaction, which includes both primary and secondary components. Prosus and Accel India have also picked up stake in Rapido from food and grocery delivery firm Swiggy, which owned 12% of the bike taxi startup. Rapido’s existing backer WestBridge Capital is also investing in this round.
India’s first private orbital rocket taking shape, plans to be space ‘cabs’
Skyroot Aerospace is on the verge of launching Vikram-1, marking a pivotal moment as India's inaugural private orbital rocket. This innovative startup based in Hyderabad is dedicated to democratizing spaceflight, transforming it from a rare event into a regular occurrence. Vikram-1 is tailored for targeted missions and specialized launches, addressing distinct orbital needs.
Karnataka renews Uber’s ride-hailing licence; signals hope for other players
The licence renewal under the 2016 aggregator rules, which comes after years of correspondence and uncertainty, brings regulatory certainty to Uber’s business in Karnataka. Per industry watchers, this will restore confidence in the app-based mobility ecosystem.
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These large- and mid-cap stocks can give more than 25% return in 1 year, according to analysts
Here’s one thing to remember in the market: When there is a strong correction that is led by a change in the fundamentals of a sector, it is usually very sharp and swift. And, at that point of time, it appears as if everything is negative in that sector. This is currently happening with the software sector. But there is another thing to remember: Things are never as black as they are portrayed in a bearish market, nor are they as bright as they appear in a bullish market. The market is a grey zone and it is important to understand that it may stay like this for some time.
'Pay Rs 500, become co-owner': Bharat Taxi's investment model like Amul that became a Rs 1.25L cr giant from Rs 50 contributions
Union Minister Amit Shah has launched Bharat Taxi, a new cooperative ride-hailing service. Drivers will receive 80% of profits and can become co-owners. This initiative aims to protect driver earnings and provide them with a share in the business.
‘You are owners’: Amit Shah explains Bharat Taxi model, pitches base rate and ‘Saarthi’ identity
Union Home Minister Amit Shah detailed Bharat Taxi's cooperative model. Drivers can become shareholders with a small investment. The platform aims for profit sharing with drivers after an initial period. This model ensures drivers are owners and benefit from earnings. Bharat Taxi prioritizes strengthening drivers through ownership and structured income, not just profit maximization.
Bharat Taxi will not let drivers earn below base rate, Amit Shah tells town hall
Addressing a town hall interaction with cab and auto drivers from Delhi-NCR and Gujarat, Shah said the cooperative ride-hailing platform would return 80 per cent of profits to drivers based on kilometres driven, with the remaining 20 per cent retained as cooperative capital.
Industry body says GST reducing drivers' net earnings; to approach FinMin to re-look at tax structure
Online ride-hailing platforms face challenges with current GST rules. The Internet and Mobile Association of India, IAMAI, has written to the Finance Ministry. They state that the 5 perc ent GST on every ride booked through apps reduces driver earnings. This impacts both private aggregators and government-supported platforms.
Rush-hour cab rides may now cost twice the base charge
The ministry of road transport and highways has permitted cab aggregators to increase fares up to two times during peak hours and decrease them to 50% during off-peak times. States are advised to adopt these guidelines within three months.
Karnataka notifies new three-type fare structure for cabs, aggregators can pass on GST
Aggregators such as Uber, Ola and Rapido will only be able to charge distance-based fares depending on the cost of the vehicle. By doing this, the state government has thus eliminated different fares for cabs deployed by ride-hailing platforms and city taxis.
CCI for self-regulation of surge pricing by cab aggregators
According to various measures recommended by CCI, cab aggregators should provide customers with general description of various components of total fare with clear mention of the surge component in the invoice. Also, in case of rude cancellation, drivers should be notified in a transparent manner what portion of cancellation charge is taken by the cab aggregator, and what portion is passed on the drivers.
Delhi: Draft policy for cab aggregators, food delivery firms mandates transition to all electric vehicles by April 1, 2030
The policy mandates that 10 per cent of the new three-wheelers on boarded by cab aggregators should be electric vehicles within the first six months of the notification of the policy and 100 per cent within four years of the scheme notification.
Centre warns cab aggregators of strict action for unfair trade practices
"We have asked them to improve their system and redress the consumer complaints otherwise the competent authority will take strict action," Consumer Affairs Secretary Rohit Kumar Singh said
Government to meet cab aggregators on Tuesday amid rise in consumer complaints
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.
CCPA gets several consumer complaints against cab aggregators; calls meeting next week
Citing a few examples, Khare said the regulator has received many complaints of alleged unfair trade practices, including cab drivers forcing consumers to cancel a trip and bear a penalty as the drivers do not want to accept the ride for whatever reason.
Govt lens on charges levied, algo used by cab aggregators
Amid mounting consumer complaints, the Centre has asked cab and two-wheeler aggregators — Uber, Ola, Meru Cabs and Jugnoo — to come clean on the charges levied by them, including the algorithms used by them. Union consumer affairs secretary Rohit Singh has called a meeting next week to discuss a host of consumer issues, specially the algorithm used to calculate fares.
Mahindra group’s Alyte to be cab aggregator for corporates
Alyte, run under Mahindra Logistics; Meru Cabs, in which Mahindra group owns 55%; etaxi service Glyd; and First Choice, M&M’s used car business, will be housed under the new mobility services vertical. M&M plans to roll out a mobile application for Alyte in the next month. It will work on the basis of contracts with companies.
New Rules For Cab Aggregators: Centre may allow three times the base fare as surge pricing
Soon-to-be-framed norms for ride-hailing apps to also address safety measures, especially for women.
Ola, Uber fares: HC asks Maha govt to decide in 8 weeks
The government said the implementation of its new rules was crucial to bring about a level playing field for all cab operators.
The challenges before cab aggregators in India
While falling earnings hurt cab drivers, poor service irks the costumers.
Dwindling income for Ola and Uber drivers behind growing discontent
According to the cab aggregators, the incentive pattern adopted earlier was never permanent.
Karnataka fixes new fare structure for cab aggregators including Ola, Uber
The transport department fixed a minimum and maximum fare by dividing cabs into four different classes of vehicles, based on their purchase price cost.
New cab aggregators lure peeved drivers to end Uber-Ola duopoly
Nilesh Sangoi, chief executive of Meru Cabs, said the company registered a 25% increase in revenue in February and March as more drivers migrated to the platform.
Permit fee, cap on pricing likely: Ola, Uber may find the going tough in state
While Uber has also objected to the government charging Rs 50 lakh per 1,000 vehicles for a cab aggregator, the state government may not change the stipulation.
Drivers lose business as Karnataka government, aggregators fight
Drivers, whose cabs have been impounded, gathered near Traffic and Transit Management Centre in Shanti Nagar to protest the seizure of their vehicles.
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