Karnataka to Uber, Ola: Get licence or go off roads

Ola and Uber have committed to spending Rs 15,000 cr to win the taxi market

Ola and Uber pilot bike taxi services in congested Bengaluru

Karnataka has directed taxi aggregators such as Uber and Ola to stop operations in the state until they secure a licence from the government, triggering sharp reactions from the corporate world. Getting a licence would mean no more surge pricing, complying with the maximum fares fixed by the government periodically and registering with local transport authorities. “If they have made some new rules for taxi aggregation, and the rules are reasonable without putting liabilities, it is fine. But they must not stop the business. Stopping the business means Bengaluru earning a ...