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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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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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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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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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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.
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CCI Orders Probe Against Ola Cabs for Predatory Pricing
The Competition Commission of India (CCI) has ordered a probe against app-based radio taxi service operator Ola Cabs for alleged predatory pricing to keep out the rivals.
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India Warns Uber, Ola Over Resuming Taxi Services
Authorities in New Delhi asked Uber Technologies Inc and its Indian rival Ola on Tuesday to cease operations, saying that otherwise their applications for radio-taxi licences would not be processed, letters seen by Reuters show.
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Government Orders Installation of GPS in all Cabs Plying in Delhi
In order to ensure women safety, Delhi government has ordered all taxi operators to install GPS in their vehicles, failing which fitness certificate will not be issued to them.
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Uber Gets 7-Day Ultimatum from Delhi Government to Mend Licence Application
US-based radio taxi service Uber has been given a seven-day ultimatum by Delhi government to remove deficiencies in its application for running cabs in the national capital, failing which its plea to procure licence will be rejected.
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Delhi Government Sends Deficiency Notices to App-Based Taxi Companies
The Delhi government's Transport Department has dispatched deficiency memos to all the web app based cab services which had applied for radio cab licenses last week, saying their applications license applications were incomplete.
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Statement by Rape Survivor's Lawyer on Uber Restarting Services in Delhi
Douglas H. Wigdor, the lawyer of the Uber rape survivor, has said that the radio taxi service had emailed her to inform her it that "has re-entered the market in Delhi."
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Uber Emails Rape Survivor to Say It's Back in Delhi
US taxi-hailing app maker Uber Technologies Inc has restarted services in Delhi after a ban following rape allegations against one of its drivers, but a government official said the company remains blacklisted.
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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...
-
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."
-
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.
-
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.
-
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.
-
CCI Orders Probe Against Ola Cabs for Predatory Pricing
The Competition Commission of India (CCI) has ordered a probe against app-based radio taxi service operator Ola Cabs for alleged predatory pricing to keep out the rivals.
-
India Warns Uber, Ola Over Resuming Taxi Services
Authorities in New Delhi asked Uber Technologies Inc and its Indian rival Ola on Tuesday to cease operations, saying that otherwise their applications for radio-taxi licences would not be processed, letters seen by Reuters show.
-
Government Orders Installation of GPS in all Cabs Plying in Delhi
In order to ensure women safety, Delhi government has ordered all taxi operators to install GPS in their vehicles, failing which fitness certificate will not be issued to them.
-
Uber Gets 7-Day Ultimatum from Delhi Government to Mend Licence Application
US-based radio taxi service Uber has been given a seven-day ultimatum by Delhi government to remove deficiencies in its application for running cabs in the national capital, failing which its plea to procure licence will be rejected.
-
Delhi Government Sends Deficiency Notices to App-Based Taxi Companies
The Delhi government's Transport Department has dispatched deficiency memos to all the web app based cab services which had applied for radio cab licenses last week, saying their applications license applications were incomplete.
-
Statement by Rape Survivor's Lawyer on Uber Restarting Services in Delhi
Douglas H. Wigdor, the lawyer of the Uber rape survivor, has said that the radio taxi service had emailed her to inform her it that "has re-entered the market in Delhi."
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Uber Emails Rape Survivor to Say It's Back in Delhi
US taxi-hailing app maker Uber Technologies Inc has restarted services in Delhi after a ban following rape allegations against one of its drivers, but a government official said the company remains blacklisted.
