Uber is a transportation network of taxis that uses an app-based method for booking or reservation. The American based company is currently present in over 53 countries around the globe. It was founded in March, 2009 by Travis Kalanick and Garrett Camp, their headquarters are in San Francisco, California, U.S.A.
The American based app-based taxi service was banned in New Delhi. This ban was due to an employee of Uber, who was involved in an alleged rape case with a passenger. Now Uber will be back in Action in the city of Delhi after a period of one and a half month.
Uber claims that they are a technology provider and not a taxi service. In India, however, they have been forced to register themselves as a radio taxi service. This is the very first time that the American company has been registered as a taxi service provider.
Based on Uber's claim they believe that their company should come under I.T. laws and not taxi laws that are present in India. The company could not stay off the treats for too long in Delhi and have taken in suggestions from both its customers as well as drivers.
The Delhi Government has asked all radio taxi services to provide a bank guarantee of INR 15,00,000 for a period of five years. Only then will they be eligible for a license after all the paperwork is clear as well. The Government will issue a letter of intent, after which they can begin their service.
Currently Delhi Government has banned all radio taxi services in the capital of India. Uber, TaxiForSure and Ola were banned and are registering themselves to ply on Delhi roads once again. The taxi service in India is a big market and accounts for roughly INR 54,000 crore, only four to six percent of this are from an organised service provider.