India to allow Uber and rivals to charge 20per cent commission

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 35 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 66%

Singapore Headlines News

Singapore Latest News,Singapore Headlines

India will allow app-based taxi aggregators such as Uber Technologies and Ola to charge up to 20per cent commission on ride fares, according to ...

India will allow app-based taxi aggregators such as Uber Technologies and Ola to charge up to 20per cent commission on ride fares, according to guidelines issued on Friday, diluting an earlier proposal to cap fees at 10per cent.

Industry experts had warned that a 10per cent cap would hit revenue and operations of the likes of Uber, which have faced increased regulatory scrutiny in several countries.The final guidelines, which are to be considered by the state governments when issuing licences to aggregators, say drivers should receive 80per cent of the ride fare with the taxi companies receiving the remaining 20per cent.

Additionally, several companies have continued to mandate remote working rules, impacting demand for taxis. The new rules also allow aggregators to offer pooling services on private cars but with a daily limit of four intra-city rides and two inter-city rides per week.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in SG

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

India to allow Uber and rivals to charge 20% commissionIndia will allow app-based taxi aggregators such as Uber Technologies and Ola to charge up to 20per cent commission on ride fares, according to ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Pakistan PM Khan desires peace with arch-rival IndiaPakistani Prime Minister Imran Khan on Tuesday (Mar 30) replied to a letter written by his Indian counterpart Narendra Modi, and said Islamabad ... Both their Military representatives attended Myanmar Military junta’s Tatmadaw (Armed forces) Day. Also Russia and China. All very cosy. More like bumping into your exes at a party. Pakistan is a small poverty ridden failed state facing sectarian violence and is on the verge of implosion. Don’t insult India by comparing. We in India ignore its existence.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

India seeks to rival China with broad shipments of COVID-19 vaccineNEW DELHI: India has approved the shipment of COVID-19 vaccines to Cambodia and plans to supply Mongolia and Pacific Island states, officials said ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Uber to reopen San Francisco offices with limited capacity next weekUber Technologies Inc said on Thursday it plans to reopen its offices at Mission Bay, San Francisco, with 20per cent occupancy on March 29, and ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Walgreens, Uber partner to provide access, free rides to US COVID-19 vaccination centersWalgreens and Uber Technologies Inc on Tuesday said they will team up to provide educational programs and free transportation to U.S. COVID-19 ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »