Tag Archives: Seized

Asia Stocks Find Relief As China Set To Return Seized US Drone

MSCI’s broadest index of Asia-Pacific shares outside Japan tacked on 0.1%. Tokyo: Asian shares steadied in early trade on Monday after China agreed to return a US drone it had seized, easing worries about rising diplomatic tensions between the world’s two biggest economic powers. MSCI’s broadest index of Asia-Pacific shares outside Japan tacked on 0.1 per cent after falling to ... Read More »

Karnataka Government Says Seized 62 Uber Bike Taxis

The Karnataka government on Friday seized 62 two-wheeler taxis belonging to app-based cab aggregator Uber for violating the Motor Vehicles Act and continuing to operate without requisite permission. “We have seized 62 Uber bikes (two-wheeler taxis, uberMOTO) today (Friday) for operating illegally. We will take stern action against them (Uber) in accordance with the Motor Vehicles Act.,” Karnataka Transport Commissioner ... Read More »

Ola, Uber Bike Taxis Seized by Regional Transport Authority in Bengaluru

The Karnataka government on Saturday seized five two-wheeler taxis belonging to app-based cab aggregators Uber and Ola for violating the Motor Vehicles Act and operating without requisite permissions. “They (UberMoto and Ola Bike) did not make any application so it is a violation of the Motor Vehicles Act. That’s why we have taken action against them. We have seized some ... Read More »