Ola Electric shares have been trading in the red for the better part of Thursday, January 23. However, the depletion in the value of the company shares only intensified after the news of a central government notice emerged.

The CCPA’s intervention aims to address grievances and ensure fair trade practices by these companies. Ola and Uber have been asked to clarify their pricing mechanisms and explain the factors influencing fare variations.

The Department of Consumer Affairs has issued notices to major cab aggregators Ola and Uber over speculation of differential pricing, i.e., customers are quoted different taxi fares based on the make of the mobile phone - iPhone or Android - used.

The Union Ministry of Consumer Affairs has initiated an investigation into alleged differential pricing by cab aggregators Ola and Uber, based on whether users are booking rides via Android or iPhone.

New Delhi: The Central Consumer Protection Authority (CCPA) on Thursday issued notice to cab companies Ola and Uber over an alleged differential pricing system for the same route on Android and iOS operating systems. Union Minister Prahlad Joshi in an 'X' post said that the notice was issued to Ola and Uber to seek their responses over the issue.

Prahlad Joshi, while replying to a news report about Uber and Ola's differential pricing for iPhone and Android phones, had said there was "zero tolerance for consumer exploitation".

Leading taxi aggregators Ola and Uber have been served notices by the Department of Consumer Affairs over differential pricing for Android and iPhone commuters, seeking responses from the online cab-hailing platforms,

Ola and Uber get CCPA notices for allegedly charging consumers different prices depending upon whether they used Android or iOS phones

An Indian government body has sent notices to ride-hailing firms Ola and Uber over alleged differential pricing for Android and Apple phones, the country's consumer affairs minister, Pralhad Joshi, said in a post on X on Thursday.