Swipe through the latest business and wealth clues with our android app

Ola, Uber not to expand kiosks and parking slots at railway stations

Cab aggregators Uber and Ola have decided not to proceed with plans to expand parking spots and kiosks at railway stations. The two companies have halted any further acquisition of additional parking rights since the return on investment has not been rewarding. Unlike airports, railway stations are located at the centre of the city and only limited parking spaces are available in its premises, a source said. The two companies currently have parking spaces at railway stations in Mumbai, New Delhi and Bengaluru.

Read More at Moneycontrol News date : 17 Apr 2019, Wednesday

©2019 TheNewsClues