Browsing articles tagged with "sercive"

Uber vs RBI – and looks like the RBI might win

Uber India

Chances are you already know about Uber. For those of you who don’t – its a brilliant app that allows you to book a cab at the tap of a button and charges the fare directly to your credit card. There’s no time wasted on processing the financial part of the transaction. In fact according this blog – two to ten minutes are saved for both customers and taxi drivers thus indirectly contributing to our productivity.
But like all good things, it looks like Uber too might come to an end in India. Reserve Bank of India (RBI) has ordered Uber to shut down in India by October 31, if they cannot meet the conditions RBI has laid out for them to follow.

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