Christin Mathew Philip

1 month ago | moneycontrol.com | Christin Mathew Philip

"The state government must remain responsive to emerging trends and evolving local conditions. It cannot shut itself off from the possibilities presented by new technologies," the Karnataka High Court has observed. On April 2, Justice BM Shyam Prasad ordered bike taxi services to be stopped within six weeks (by mid-May) and directed the state government to frame a legal framework for bike taxis within three months.

1 month ago | moneycontrol.com | Christin Mathew Philip

Congress leader Rahul Gandhi, along with Karnataka CM Siddaramaiah and Deputy CM DK Shivakumar. The Congress-led government, which came to power in Karnataka with a thumping majority (135 out of 224 MLAs) in May 2023, riding on five poll guarantees, is now facing growing public ire over a series of price hikes. Opposition parties, like the Bharatiya Janata Party (BJP) and the JD (S) — are planning statewide protests again the price hikes.

1 month ago | moneycontrol.com | Christin Mathew Philip

Traffic congestion on ORR Carpooling firms are gearing up to expand their presence in Bengaluru amid an impending ban on bike taxis, rising Metro and bus fares, and increase in diesel prices. A series of recent decisions have pushed up the cost of commuting in the city. On April 2, the Karnataka High Court directed bike taxi operators such as Rapido, Ola, and Uber to halt services within six weeks unless guidelines are issued.

1 month ago | moneycontrol.com | Christin Mathew Philip

Bengaluru Metro Rail Corporation Limited (BMRCL) has suspended the issuance of new National Common Mobility Cards (NCMC), even as existing users are grappling with recharge issues. Sources told Moneycontrol that the disruption stems from insolvency proceedings against AGS Transact Technologies, the technical partner of RBL Bank, which was issuing NCMC in Bengaluru. Story continues below AdvertisementSeveral users have reported being unable to recharge their NCMC cards over the past few weeks.

1 month ago | moneycontrol.com | Christin Mathew Philip

Bengaluru Metro, which recently hiked fares by up to 71 percent, spent Rs 26 lakh on foreign tours to study fare structures, an RTI reply has revealed. Responding to an RTI application filed by Moneycontrol, Bangalore Metro Rail Corporation Limited (BMRCL) said it had spent Rs 12.97 lakh on Fare Fixation Committee (FFC) members and Rs 12.88 lakh on BMRCL officials to visit and study fare models in Hong Kong and Singapore.