India plans to cap commissions collected by Uber, Ola: Report

India plans to cap commissions collected by Uber, Ola: Report

The Uber Technologies Inc. application is displayed in the App Store on an Apple Inc. iPhone in an arranged photograph taken in Arlington, Virginia, U.S. on Monday, April 29, 2019. Photographer: Andrew Harrer/Bloomberg

India plans to cap commissions app-based taxi aggregators such as Uber <UBER.N> and home-grown Ola earn on rides to a maximum 10% of the total fare, financial daily Economic Times (ET) reported on Thursday, citing people privy to the matter.