Indian govt caps Uber, Ola surge pricing; issues fresh guidelines

Indian govt caps Uber, Ola surge pricing; issues fresh guidelines

For shoppers and drivers, this situation is far from ideal as a potential duopoly of Ola and Uber will significantly restrict choices. Photo: Hemant Mishra/Mint

App cab operators, including Uber and Ola, must adhere to new fare caps and price floors, levy cancellation charges and ensure driver welfare, under new rules for cab aggregators issued on Friday.

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