The Association claimed to represent 13 operators, including Mega Cabs, Easy Cabs, Meru Cabs, Tab Cabs, which run their services in several cities across the country.
The safety net for passengers is focused solely on the terms and conditions for the radio taxi scheme issued by the transport department.
There are about 600,000 taxis in India, generating combined annual revenue of about Rs 11,000 crore (Rs 110 billion).
The amendment comes within a month of web-based taxi companies being banned in Delhi, after a taxi driver on Uber's network allegedly raped a finance executive early this month.
Uber is facing sharp criticism from fellow taxi providers for not following strict security norms leading to the rape of a passenger in New Delhi.
"This court cannot say that less charges should not be levied by them. After all, the consumers should be benefited. Court cannot exercise this power," it said.
The fresh funds would be used for expansion of Meru's network.
Home-grown taxi booking companies which have a business model similar to Uber's might have stricter security norms imposed on them.
Meru Cabs is in talks with Chinese e-commerce giant Alibaba.
United States-based cab service provider Uber has landed in another controversy with one of its drivers being accused of molesting a female passenger during a ride to Gurgaon.
The San Francisco-based giant has acquired a Delhi-based company.
The argument that existing rules do not apply to them will no longer hold ground.
Ola accuses Uber of violating local laws, run business for profit.
One of the smallest players in India's car market, it is banking on new-look Etios to make inroads into the personal vehicle segment
'There have been and will continue to be, so many captivating stories in colonial India.' 'Obviously, most of the white people were British, so if I am going to take on a role in a film set in one of the most turbulent periods of Indian history, then it only stands to reason that my character would be of British descent.' 'But that doesn't mean all my roles are negative.'
'My adrenalin kicked in and the happiness returned! It was time to go in for the kill again.' IAF Veterans Group Captain Dilip Kumar Dass tells Air Commodore Nitin Sathe about how the IAF decimated tanks in the famous Battle of Longewala.
As per the new guidelines, internet services will be provided on the device's flight mode and will be available 10,000 feet above sea level or before arrival or after departure.
With Uber & Ola fighting it out, the taxi aggregator space is set for massive growth.
Cab aggregators caught between showing profitability to investors, increasing their network and dabbling in areas such as food ordering have seen a major blow to their primary business.
Millions of Indian children lack access to online education as they do not have smartphones, computers or an Internet connection.
'We should not forget the core purpose of the lockdown -- to buy time to implement a strategy to tackle the virus, to prepare for the final lifting of the lockdown and to prepare for a 'new tomorrow',' notes Dr Sanjeeth Peter.