A new Indian taxi service, backed by the federal government, will give drivers a share of profits from the business and charge no commissions, mounting a direct challenge to American giant Uber in the world’s most populous nation.
Amit Shah, India’s minister of cooperation and also its home minister, addressed drivers at an event late on Monday and said the service would work under a so-called cooperative model where drivers can pay 500 rupees ($5.5) to become shareholders and… [1732 chars]
Source: Reuters | Published: 2026-02-24T11:13:41Z
Credit: Reuters
