Govt issues fresh guidelines to regulate cab aggregators

The Union road transport and highways ministry on Friday issued fresh guidelines for cab aggregators (such as Ola and Uber) to bring them under a regulatory framework. According to the new guidelines, surge price by cab aggregators should not be more than 1.5 times and they can't offer discounts that is more than 50 per cent of the base fare.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/3mdIyqy