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Uber boss to meet London transport chief to try to regain licence

The new CEO of Uber technologies Dara Khosrowshahi will meet the head of the London transport system next Tuesday to  win back its licence to operate in the UK capital.  Regular transport for London deemed uber unfit to run a taxi service on September 22nd and decided not to renew its licence to operate citing the firms approach to reporting ... Read More »

Ola and Uber soon to have e-Vehicles

Energy Efficiency Services Ltd or EESL, a joint venture of four government-owned power companies, NTPC, Powergrid, PFC and REC is entering into a business agreement with private cab operators Ola and Uber in order to facilitate the introduction of eVehicles in their fleet in a bid to bring down the pollution levels in the country to a considerable level. EESL ... Read More »

Cab aggregators Uber, Ola face higher lease payouts under GST

Under the new indirect tax regime, leasing of goods is regarded as a service and attracts a levy. Since there i no clear guidelines, the provision has created complexities for airlines, cab aggregators and cab leasing companies who are already struggling with the introduction with the introduction of goods and services tax (GST). According to the rules, while input credit ... Read More »

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