India drafts rules to regulate Uber, other ride-hailing firms
India has drafted guidelines to regulate ride-hailing companies, including U.S.-based Uber [UBER.UL] and its domestic rival Ola, for the first time laying down federal rules that could end months of uncertainty on how they operate in the country. Any person who has in the past been convicted of any "cognizable offence" under India's criminal laws should not be allowed to become a driver. Although it is not yet clear whether the guidelines will be binding on the states and much uncertainty still
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