Surge Pricing

If 2016 witnessed continued confrontation between various state governments and app-based cab aggregators such as Uber, Ola; then 2017 may lead to a better understanding of the new business model, and mutual co-operation for the benefit…

Govt. of India is right now drafting policies of app based taxi operators like Ola and Uber, and as per indications received till now, surge pricing maybe allowed upto 3-times. This is a sharp reversal from earlier stand taken by…

India’s second largest cab-aggregator, Uber, is testing a new kind of billing service for its customers, upfront fares. The company received a lot of flak for introducing surge pricing in India and has since then been working to make…

The stern warning issues by Delhi CM Arvind Kejriwal seems to have worked. Uber has relented. They have agreed to do away with its surge pricing policy in the capital city of New Delhi. Not only has been the surge price been ended,…

After the directive from Delhi and Karnataka Government to ban the surge pricing came into effect, the cab-aggregators Ola and Uber were quick to comply with them. Although once the odd-even rule in Delhi got over, Uber was quick to…

The second phase of odd-even formula did not go as planned considering the loss of cabs on the road thanks to Arvind Kejriwal’s warning against surge pricing. Ola and Uber shared that the number of their cabs on the road had reduced…

The controversy over surge pricing by taxi hailing apps Uber and Ola is refusing to subside. After Delhi CM Arvind Kejriwal threatened to cancel their permits, both Ola and Uber decided to suspend surge pricing during the…

We did not see this coming – most of us thought that Uber will put up a fight and stick to their surge pricing policy. However, a strict warning by Delhi Chief Minister Arvind Kejriwal seems to have deflated Uber’s resistance.…

In a clear cut case of violation of the ‘free market’ and interference by Government machinery in the working of privately incorporated companies, cabs of both Ola and Uber are being seized in Bangalore. And the worst part is that,…