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Ola, Uber hike fares, slash driver incentives

Tuesday, October 18, 2016 | More »

In their bid to cut costs and attain profitability in the long run, cab aggregators Uber and Ola are raising fares in major cities and reducing driver incentives. San Francisco-headquartered Uber Technologies Inc has increased taxi fares for long distance rides in Delhi-NCR, Kolkata, Bhubaneswar, Gu...