StockWaves
  • Home
  • Global Markets
    Global MarketsShow More
    Up 30% this 12 months, the BP share value nonetheless seems to be undervalued regardless of oil surging. What’s the catch?
    Up 30% this 12 months, the BP share value nonetheless seems to be undervalued regardless of oil surging. What’s the catch?
    4 Min Read
    Bankers readying Paramount’s B debt sale for Warner Bros. – Bloomberg (PSKY:NASDAQ)
    Bankers readying Paramount’s $49B debt sale for Warner Bros. – Bloomberg (PSKY:NASDAQ)
    0 Min Read
    Trump flexes endorsement energy for Ken Paxton after ousting Cassidy
    Trump flexes endorsement energy for Ken Paxton after ousting Cassidy
    10 Min Read
    Type 13G Practical Manufacturers Inc. For: 19 Might
    Type 13G Practical Manufacturers Inc. For: 19 Might
    0 Min Read
    CleanSpark Jumps 6.1% After Macquarie Maintains Outperform
    CleanSpark Jumps 6.1% After Macquarie Maintains Outperform
    3 Min Read
  • Investment Strategies
    Investment StrategiesShow More
    NATO assembly Sweden: Rubio to debate Europe troop ranges, defence spending, Arctic safety
    NATO assembly Sweden: Rubio to debate Europe troop ranges, defence spending, Arctic safety
    5 Min Read
    Trump Delays Iran Strike Determination After Qatar and UAE Calls on Peace Talks
    Trump Delays Iran Strike Determination After Qatar and UAE Calls on Peace Talks
    4 Min Read
    Ought to buyers fear when even optimists flip cautious?
    Ought to buyers fear when even optimists flip cautious?
    10 Min Read
    Why Gold-Backed Stablecoins Are Immediately Changing into A Massive Subject In India’s Crypto Business?
    Why Gold-Backed Stablecoins Are Immediately Changing into A Massive Subject In India’s Crypto Business?
    6 Min Read
    Face Worth change in a fund of Shriram Mutual Fund
    Face Worth change in a fund of Shriram Mutual Fund
    0 Min Read
  • Market Analysis
    Market AnalysisShow More
    CII Jharkhand meets Hemant Soren on industrial coverage and EV ecosystem growth
    CII Jharkhand meets Hemant Soren on industrial coverage and EV ecosystem growth
    3 Min Read
    The way to make investments on your daughter’s training and wedding ceremony targets
    The way to make investments on your daughter’s training and wedding ceremony targets
    8 Min Read
    Multibagger defence inventory jumps over 15% after This autumn outcomes. Alternative maintains bullish outlook with ₹365 goal
    Multibagger defence inventory jumps over 15% after This autumn outcomes. Alternative maintains bullish outlook with ₹365 goal
    5 Min Read
    How Investing.com’s AI Technique Predicted the Rally in Vedanta, Nuvama & SAIL on Might 1st
    How Investing.com’s AI Technique Predicted the Rally in Vedanta, Nuvama & SAIL on Might 1st
    6 Min Read
    Indian rupee falls in opposition to US greenback in 2026 as oil costs and outflows rise
    Indian rupee falls in opposition to US greenback in 2026 as oil costs and outflows rise
    7 Min Read
  • Trading
    TradingShow More
    Brief-Vendor Assaults Everspin Inventory — This is What You Want To Know – Everspin Applied sciences (NASDAQ:MRAM)
    Brief-Vendor Assaults Everspin Inventory — This is What You Want To Know – Everspin Applied sciences (NASDAQ:MRAM)
    3 Min Read
    Carl Icahn Beat Berkshire Final Quarter — However There’s A Catch
    Carl Icahn Beat Berkshire Final Quarter — However There’s A Catch
    2 Min Read
    Why Each EA Vendor Wants an MT5 EA License Key Generator 
    Why Each EA Vendor Wants an MT5 EA License Key Generator 
    12 Min Read
    0 Invested In Hilton Worldwide Holdings 5 Years In the past Would Be Value This A lot At this time – Hilton Worldwide
    $100 Invested In Hilton Worldwide Holdings 5 Years In the past Would Be Value This A lot At this time – Hilton Worldwide
    1 Min Read
    ECARX Holdings Q1 2026 Earnings Name Transcript – ECARX Holdings (NASDAQ:ECX)
    ECARX Holdings Q1 2026 Earnings Name Transcript – ECARX Holdings (NASDAQ:ECX)
    37 Min Read
Reading: Rapido slapped with Rs 10,00,000 penalty, ordered to problem refunds to some customers
Share
Font ResizerAa
StockWavesStockWaves
  • Home
  • Global Markets
  • Investment Strategies
  • Market Analysis
  • Trading
Search
  • Home
  • Global Markets
  • Investment Strategies
  • Market Analysis
  • Trading
Follow US
2024 © StockWaves.in. All Rights Reserved.
StockWaves > Business > Rapido slapped with Rs 10,00,000 penalty, ordered to problem refunds to some customers
Business

Rapido slapped with Rs 10,00,000 penalty, ordered to problem refunds to some customers

StockWaves By StockWaves Last updated: August 21, 2025 3 Min Read
Rapido slapped with Rs 10,00,000 penalty, ordered to problem refunds to some customers
SHARE


Contents
What is the matter? Why has Rapido been fined?Rapido to problem Rs 50 refund to each impacted consumerRapido ordered to submit compliance report in 15 days

On-line bike taxi and auto-rickshaw hailing platform Rapido has been slapped with a penalty and ordered to problem refunds to a few of its prospects. The Central Client Safety Authority (CCPA) — the nation’s client affairs regulator — has imposed a penalty of Rs 10 lakh on Rapido over allegedly deceptive commercials. 

In accordance with CCPA — which features beneath the Ministry of Client Affairs, Meals and Public Distribution, the stated advertisements ran in additional than 120 cities for 548 days. The advertisements had been in a number of languages, in line with the regulator. 

These advertisements allegedly promised “assured service” and “cashback advantages”, in line with the authority. 

The motion comes at a time when the nation’s digital platforms market is increasing quickly, pushed by elements reminiscent of robust web penetration, widespread smartphone adoption, and booming e-commerce.

ALSO READ: Centre permits Ola, Uber, Rapido to cost double fares throughout peak hour

What is the matter? Why has Rapido been fined?

In accordance with CCPA, Rapido exaggerated the reliability of its companies and hid its key phrases and situations, therefore deceptive shoppers. 

The regulator had acquired complaints flagging the platform’s claims, like “assured auto” and “auto in 5 minutes or Rs 50”.

Between June 2024 and July 2025, 1,224 complaints had been filed in opposition to Rapido on the Nationwide Client Helpline (NCH), greater than double than 575 complaints registered between April 2023 and Could 2024. 

These complaints included points reminiscent of overcharging, refund delays and unfulfilled cashback guarantees.

“It’s evident from the above figures that the variety of client complaints in opposition to the alternative celebration has elevated considerably over the following interval. Moreover, 50 per cent of those grievances/complaints remained unaddressed by the alternative celebration,” famous the CCPA order, dated August 20. 

Rapido to problem Rs 50 refund to each impacted consumer

Directing the platform to withdraw all deceptive advertisements instantly, CCPA has ordered Rapido to refund an quantity of Rs 50 to each impacted consumer. 

Rapido ordered to submit compliance report in 15 days

CCPA has additionally ordered Rapido to submit a compliance report back to it throughout the subsequent 15 days. 

CCPA’s most important operate is to guard, promote and implement client rights.

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.

By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Twitter Copy Link Print
Previous Article Goal Company shares plunge 11% after CEO Brian Cornell steps down. Michael Fiddelke to take cost from Feb 1, 2026 Goal Company shares plunge 11% after CEO Brian Cornell steps down. Michael Fiddelke to take cost from Feb 1, 2026
Next Article With Intel’s SoftBank Deal Fueling Competitors Fears, AMD Inventory Slides Regardless of Bullish AI Outlook – Superior Micro Units (NASDAQ:AMD) With Intel’s SoftBank Deal Fueling Competitors Fears, AMD Inventory Slides Regardless of Bullish AI Outlook – Superior Micro Units (NASDAQ:AMD)
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

FacebookLike
TwitterFollow
PinterestPin
InstagramFollow

Subscribe Now

Subscribe to our newsletter to get our newest articles instantly!

Most Popular
Iran alone accounts for almost 80% of worldwide executions in 2025, says report
Iran alone accounts for almost 80% of worldwide executions in 2025, says report
May 20, 2026
Goal Company shares plunge 11% after CEO Brian Cornell steps down. Michael Fiddelke to take cost from Feb 1, 2026
Forward of Market: 10 issues that can resolve inventory market motion on Wednesday
May 20, 2026
Up 30% this 12 months, the BP share value nonetheless seems to be undervalued regardless of oil surging. What’s the catch?
Up 30% this 12 months, the BP share value nonetheless seems to be undervalued regardless of oil surging. What’s the catch?
May 20, 2026
CII Jharkhand meets Hemant Soren on industrial coverage and EV ecosystem growth
CII Jharkhand meets Hemant Soren on industrial coverage and EV ecosystem growth
May 20, 2026
FYB Token Formally Launched: Constructing a Subsequent-Technology Platform Token with Deflationary Mechanism and Twin-Cycle Ecosystem
FYB Token Formally Launched: Constructing a Subsequent-Technology Platform Token with Deflationary Mechanism and Twin-Cycle Ecosystem
May 20, 2026

You Might Also Like

Twist in Maharashtra physician’s suicide case: Arrested Pune techie alleges she harassed him, insisted that he marry her
Business

Twist in Maharashtra physician’s suicide case: Arrested Pune techie alleges she harassed him, insisted that he marry her

3 Min Read
Secrets and techniques Behind Nagad88’s Success in Bangladesh’s On-line Betting Scene
Business

Secrets and techniques Behind Nagad88’s Success in Bangladesh’s On-line Betting Scene

15 Min Read
Recreation Changer filmmakers method cybercrime over pirated model of Ram Charan’s movie, file criticism
Business

Recreation Changer filmmakers method cybercrime over pirated model of Ram Charan’s movie, file criticism

3 Min Read
SpiceJet This fall Outcomes: PAT jumps 173% YoY to Rs 325 crore; airline posts first full-year web revenue in 7 years
Business

SpiceJet This fall Outcomes: PAT jumps 173% YoY to Rs 325 crore; airline posts first full-year web revenue in 7 years

5 Min Read

Always Stay Up to Date

Subscribe to our newsletter to get our newest articles instantly!

StockWaves

We provide tips, tricks, and advice for improving websites and doing better search.

Latest News

  • About Us
  • Contact Us
  • Privacy Policy
  • Terms Of Service

Resouce

  • Blockchain
  • Business
  • Economics
  • Financial News
  • Global Markets
  • Investment Strategies
  • Market Analysis
  • Trading

Trending

Iran alone accounts for almost 80% of worldwide executions in 2025, says report
Forward of Market: 10 issues that can resolve inventory market motion on Wednesday
Up 30% this 12 months, the BP share value nonetheless seems to be undervalued regardless of oil surging. What’s the catch?

2024 © StockWaves.in. All Rights Reserved.

Welcome Back!

Sign in to your account

Not a member? Sign Up