NEW DELHI: Joining the war of words, home-grown radio taxi operator Meru has hit out at Uber, accusing the US-based firm of breaking local laws and putting pressure on regulators to change the laws. The fact that we are established in San Francisco but have a hyperlocal team solving problems that are locally relevant? "Our intent is whatever regulations are on the books — good, bad, ugly — they have to be complied with ... if regulation is a bad regulation, we change the regulation. In 2013, a hugely-funded company called Uber enters India with a payment system that does not adhere to 2FA and calls it a great technology innovation. Rathod had written in a blog titled "Let's keep Bangalore moving".Meru alleged that Uber had flouted Reserve Bank's two-factor authentication mandate when it started operations in India.

Source: Times of India July 05, 2016 14:37 UTC