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Mahindra Acquires 55 Per Cent Stake In Ride-Hailing Firm Meru Cabs
Mahindra & Mahindra will acquire a 55 per cent stake in radio taxi firm Meru Cabs, the company has announced in an exchange filing. The Indian auto giant will be making a primary investment of Rs. 103.5 crore by a fresh issue of shares in the company, in tranches. The final purchase price will be arrived at after making customary closing adjustmen...
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No Permits Required For EVs And Alternate Fuel CVs: Minister Of Road Transport and Highways
Permits such as Contract Carriage Buses Permits, stage carrier permits, goods carriers, maxi cab, radio taxis and all India tourist permit make up for all the requisite permits required for different categories of commercial vehicles by the state government.
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Follow Rules Or Stay Off Roads, Bengaluru Government Tells Uber, Ola
Over the weekend, social media was abuzz with messages that taxi aggregators Uber and Ola had been banned by the Karnataka government. The truth is somewhat different.
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New Policy Will Rein-In App-Based Cab Companies: Delhi Transport Minister
"We will fix fares for them as we have done in the case of radio, economy cabs and kali-pili taxis. All app-based taxi services will be regulated through this policy."
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Petitions Against Surge Pricing Are as Misguided as Its Defence
Uber and Ola aren't going to get rich from surge pricing; but that doesn't mean we should blindly trust the algorithm just because they do.
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CCI Rejects Dominant Position Charges Against Uber
The Competition Commission of India (CCI) on Tuesday dismissed charges of alleged abuse of dominant position by taxi aggregator Uber, as it rejected the allegations levelled by radio taxi operator Meru Cabs in this regard.
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Meru Cabs' Ride-Share Feature Gets Rolling in Delhi-NCR
Radio taxi operator Meru Cabs on Tuesday launched a ride-sharing feature in the capital and NCR under which the customers will be provided with an option of sharing their cab with another co-passenger who intends to travel in the same direction.
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App-Based Cabs to be Treated as Any Other Taxi Service: Government
Clearing the ambiguity over laws governing app-based cabs such as Uber and Ola, the government today said such cabs should be treated like any other taxi service and it will soon issue guidelines on the same to the states.
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Ban on Diesel Cabs in Delhi Not Implemented Against All, High Court Told
The Delhi High Court has been told that its order upholding a ban on diesel cabs providing point-to-point service in the city was being implemented only against Ola while other app-based taxi services were violating it with impunity.
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Ola Increases Customer Privacy, Introduces Number Masking
Taxi aggregator Ola today said that it has introduced number masking on its platform which will enable mobile numbers of customers to remain undisclosed to drivers.
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Will Come Up With Rules on Radio Taxis in 10 Days: AAP Government to High Court
The AAP government today informed the Delhi High Court that it will come up with specific guidelines within 10 days regarding plying of radio taxis in the national capital including safety norms for women and other passengers.
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Her Delhi Taxi Allegedly Went Up in Flames. Heres What She Did.
A woman allegedly had to jump out of a radiocab after it caught fire in Delhi late Tuesday. "My family would have ended last night," says her husband Kapil Kaul in a Facebook post addressed to taxi service EasyCabs. The cab company, however, denies that the car caught fire, though admitting that there was smoke.
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Delhi Government to Launch Affordable City Taxis
With an aim to increase the availability of cheap and affordable mode of transport for the public, the Delhi government will introduce a new programme -- City Taxi Scheme 2015 -- in the national capital, Transport Minister Gopal Rai said on Monday.
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BookMyCab Gets Licence to Operate From Delhi Government
The licence also allows BookMyCab to advertise on attached radio taxies, the operator said in a statement.
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Autorickshaw Strike Hits Mumbai Hard
Over a million commuters, office-goers and students were hit badly as around 20,000 autorickshaws went off the roads today in Mumbai, Thane and Navi Mumbai to press for their demands of banning radio taxis and having a social welfare scheme.
-
Mahindra Acquires 55 Per Cent Stake In Ride-Hailing Firm Meru Cabs
Mahindra & Mahindra will acquire a 55 per cent stake in radio taxi firm Meru Cabs, the company has announced in an exchange filing. The Indian auto giant will be making a primary investment of Rs. 103.5 crore by a fresh issue of shares in the company, in tranches. The final purchase price will be arrived at after making customary closing adjustmen...
-
No Permits Required For EVs And Alternate Fuel CVs: Minister Of Road Transport and Highways
Permits such as Contract Carriage Buses Permits, stage carrier permits, goods carriers, maxi cab, radio taxis and all India tourist permit make up for all the requisite permits required for different categories of commercial vehicles by the state government.
-
Follow Rules Or Stay Off Roads, Bengaluru Government Tells Uber, Ola
Over the weekend, social media was abuzz with messages that taxi aggregators Uber and Ola had been banned by the Karnataka government. The truth is somewhat different.
-
New Policy Will Rein-In App-Based Cab Companies: Delhi Transport Minister
"We will fix fares for them as we have done in the case of radio, economy cabs and kali-pili taxis. All app-based taxi services will be regulated through this policy."
-
Petitions Against Surge Pricing Are as Misguided as Its Defence
Uber and Ola aren't going to get rich from surge pricing; but that doesn't mean we should blindly trust the algorithm just because they do.
-
CCI Rejects Dominant Position Charges Against Uber
The Competition Commission of India (CCI) on Tuesday dismissed charges of alleged abuse of dominant position by taxi aggregator Uber, as it rejected the allegations levelled by radio taxi operator Meru Cabs in this regard.
-
Meru Cabs' Ride-Share Feature Gets Rolling in Delhi-NCR
Radio taxi operator Meru Cabs on Tuesday launched a ride-sharing feature in the capital and NCR under which the customers will be provided with an option of sharing their cab with another co-passenger who intends to travel in the same direction.
-
App-Based Cabs to be Treated as Any Other Taxi Service: Government
Clearing the ambiguity over laws governing app-based cabs such as Uber and Ola, the government today said such cabs should be treated like any other taxi service and it will soon issue guidelines on the same to the states.
-
Ban on Diesel Cabs in Delhi Not Implemented Against All, High Court Told
The Delhi High Court has been told that its order upholding a ban on diesel cabs providing point-to-point service in the city was being implemented only against Ola while other app-based taxi services were violating it with impunity.
-
Ola Increases Customer Privacy, Introduces Number Masking
Taxi aggregator Ola today said that it has introduced number masking on its platform which will enable mobile numbers of customers to remain undisclosed to drivers.
-
Will Come Up With Rules on Radio Taxis in 10 Days: AAP Government to High Court
The AAP government today informed the Delhi High Court that it will come up with specific guidelines within 10 days regarding plying of radio taxis in the national capital including safety norms for women and other passengers.
-
Her Delhi Taxi Allegedly Went Up in Flames. Heres What She Did.
A woman allegedly had to jump out of a radiocab after it caught fire in Delhi late Tuesday. "My family would have ended last night," says her husband Kapil Kaul in a Facebook post addressed to taxi service EasyCabs. The cab company, however, denies that the car caught fire, though admitting that there was smoke.
-
Delhi Government to Launch Affordable City Taxis
With an aim to increase the availability of cheap and affordable mode of transport for the public, the Delhi government will introduce a new programme -- City Taxi Scheme 2015 -- in the national capital, Transport Minister Gopal Rai said on Monday.
-
BookMyCab Gets Licence to Operate From Delhi Government
The licence also allows BookMyCab to advertise on attached radio taxies, the operator said in a statement.
-
Autorickshaw Strike Hits Mumbai Hard
Over a million commuters, office-goers and students were hit badly as around 20,000 autorickshaws went off the roads today in Mumbai, Thane and Navi Mumbai to press for their demands of banning radio taxis and having a social welfare scheme.
