After Delhi and Karnataka, now Mumbai is likely to ban surge pricing by taxi aggregators by June 15, according to a Business Standard report.

Over the past few months, the city's black-and-yellow taxi drivers have held two strikes, demanding the variable pricing model be done away with, since it gave an “unfair advantage” to aggregators like Ola and Uber. 

Source: b'Taxi drivers on strike | Source : PTI'

The Maharashtra government also plans to mandate that cabs, running on diesel or petrol, be converted to CNG.

The news, if and when it is announced, will surely come as a huge blow for the taxi aggregators for whom surge pricing is a very crucial part of their business model.