Maharashtra: Uber rides to cost more, company hikes fares by 15% in Mumbai
Uber on Friday said it has raised fares by 15 percent for travel in Mumbai to offset the impact of rising fuel prices.
App-based taxi firm Uber on Friday said it has raised fares by 15 percent for travel in Mumbai to offset the impact of rising fuel prices.
Diesel and petrol prices have gone up by Rs 6.40 per litre each between March 22, when they were hiked by 80 paisa per litre after a hiatus of 137 days, and March 31.
See Zee Business Live TV Streaming Below:
"Uber is raising trip fares in Mumbai by 15 percent," Nitish Bhushan, Head of Central Operations, Uber India and South Asia, said in a statement here.
He said the rise in fares was to "help cushion" drivers from the impact of spike in fuel prices, adding, "we listen to feedback from drivers and understand that the current rise in fuel prices is causing concern."
The online taxi-hailing service in the statement also said over the coming weeks, it will continue to track fuel price movements and take further steps as "needed."
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Senior Citizen Latest FD Rates: Know what major banks like SBI, PNB, Canara Bank, HDFC Bank, ICICI Bank are providing on fixed deposits
Gratuity Calculator: Rs 38,000 as last-drawn basic salary, 5 years and 5 months of service; what will be gratuity amount?
EPFO Pension Schemes: Early pension, retirement pension, nominee pension and 4 other pension schemes that every private sector employee should know
Top 5 Small Cap Mutual Funds with best SIP returns in 1 year: See how Rs 25,000 monthly investment has grown in each scheme
Top 7 SBI Mutual Funds With Best SIP Returns in 1 Year: Rs 25,000 monthly SIP investment in No.1 fund has jumped to Rs 3,58,404
06:56 PM IST