India: Panel for capping of fares for app-based taxi services like Ola, Uber

India: Panel for capping of fares for app-based taxi services like Ola, Uber

A user scans for an available vehicle using the Uber app on an Apple Inc. iPhone 5 smartphone in this arranged photograph in London, U.K., on Friday, May 30, 2014. Photographer: Chris Ratcliffe/Bloomberg

A panel of state transport ministers on Monday recommended allowing app-based taxi aggregators such as Uber and Ola to operate in the country with appropriate regulation.

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