FALAKNAAZ SYED Mumbai, April 26 The Reserve Bank of India on Friday said that lending service providers, acting as agents of banks, should provide a digital view of all the loan offers available with them to the borrower to help them make an informed decision. The central bank said that it has observed that many of the LSPs offer aggregation …
Uber India is considering limiting the auto services in some parts of Bengaluru as running the business may turn unviable due to the Karnataka high court’s temporary orders to cap the commission charged by the aggregator at 10%, an Uber spokesperson said on Tuesday. Uber said the commission it charges is used to cover costs of value-added services On October …
Citing that 10% commission cap is not financially sustainable, taxi aggregator Uber is contemplating to limit auto services in selected parts of Bengaluru where the service is viable. In the face of these commission caps, we may have to make the difficult decision to limit Uber Auto to select parts of Bengaluru where the service is viable. This will hurt …
The decision has been taken by the Karnataka transport department after several commuters registered complaints with them over Ola and Uber charging a minimum of Rs 100 even if the distance is below two kilometres Bengaluru: Karnataka transport department on Thursday, 6 October, issued notices to ride-hailing platform Ola’s parent company, ANI Technologies, along with Uber and Rapido, calling their …
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