Ola Electric shares continued to trade in red, carrying the trend of deficit from the last trading session on Thursday forwards. This came to pass after the central government issued notice to Ola Cabs/ Consumer,

Minister Joshi said in a post on X social media platform that the Department, through the Central Consumer Protection Authority (CCPA) has issued notices to these cab aggregators.

Central Consumer Protection Authority (CCPA) has issued notices to cab aggregators Uber and Ola for allegedly charging different fares based on mobile

When we look at the shares of Ola Electric, an associate company of the Bhavish Aggarwal-led companies, they further declined in value as the traidg day came to a close. The overall decline in share prices went past 1.40 per cent. The Ola Electric stock closed for the day's trade at Rs 73.35, with an overall decline of 1.29 per cent or Rs 0.96.

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".

Ola and Uber have been served notices concerning allegations of differential pricing based on users' mobile operating systems.

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.

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

Union Minister of Consumer Affairs, Pralhad Joshi, announced on Thursday that the Central Consumer Protection Authority (CCPA) has issued notices to major cab aggregators, Ola and Uber, over alleged differential pricing based on the type of smartphone being used by consumers.