Companies

District Collectors to ensure enforcement of service charge guidelines: CCPA.

CCPA's directive: District Collectors to ensure enforcement of restaurants service charge guidelines

The Central Consumer Protection Authority (CCPA) has directed District Collectors to ensure enforcement of guidelines issued with regard to service charge by hotels and restaurants.

Jul 11, 2022

Non-life insurers can offer innovative vehicle insurance covers [pay as you drive, pay how you drive]

More than two decades after the Indian insurance industry was opened up, the sectoral regulator has allowed the non-life insurers to offer innovative add-on covers on motor insurance policies.

Jul 6, 2022

Best Performance: K'taka tops DPIIT's Ease of Doing Business-SBRAP 2020 rankings

Karnataka has bagged the "Top Achiever" position under the implementation of the Ease of Doing Business ranking of States/Union Territories released by the Department for Promotion of Industry and Internal Trade (DPIIT), Government of India on Thursday.

Jun 30, 2022

Ola Cars to hire 10,000 people, expand to 100 cities

Ola shuts used cars business, winds up Q-commerce platform Ola Dash

Ride-hailing platform Ola has shut down its used vehicle business Ola Cars as well as Ola Dash, its quick-commerce business, at a time when Indian companies are pouring money into the 10-15 minute grocery delivery market.

Jun 25, 2022

IDBI Bank to sell property owned by Great Indian Tamasha Company; calls for bids [details]

IDBI Bank has invited bids through e-auction for the sale of property of Great Indian Tamasha Company, which was running the Kingdom of Dreams in Gurugram.

Jun 20, 2022

Shock-absorbing capabilities of Indian retail investors is the silver lining

In recent months, the stock market has been witnessing significant volatility with foreign portfolio investors (FPIs) going on a selling spree amid tightening monetary policy actions to address rising inflation and geopolitical tensions.

Jun 19, 2022

Another Pure electric vehicle (EV) e-scooter catches fire, this time in Gujarat

As the electric vehicle (EV) industry awaits new government quality-centric guidelines, another e-scooter belonging to Pure EV went into flames in Gujarat.

Jun 17, 2022

Crypto lender Celsius blocks withdrawals as digital coins crash

Crypto lending platform Celsius announced on Monday that it is pausing all withdrawals citing "extreme market conditions", media reports said.

Jun 14, 2022

Crypto Crash: BlockFi, Crypto.com lay off hundreds as digital coins crash

Crypto trading and lending exchanges BlockFi and crypto.com have laid off hundreds of employees after the global crypto market was battered owing to a "dramatic shift" in macro-economic conditions.

Jun 14, 2022

Flipkart partners with Spices Board to give farmers national market access [see how]

Flipkart, Spices Board join hands; give national market access to spice farmers [see how]

Flipkart has signed a Terms of Understanding with Spices Board, an establishment of Ministry of Commerce and Industry, to enhance market access to farmers and grassroots organisations in the spices sector.

Jun 11, 2022

IPL media rights: Amazon planning to pull out of IPL streaming rights bid, says Reports

Amid fierce competition to wrest the media rights of the money-spinning Indian Premier League (IPL), there are reports that one of the big players, Amazon.com Inc., is planning to pull out.

Jun 10, 2022

Myanmar bank blacklists 137 companies for violating regulation

The Central Bank of Myanmar (CBM) has added 137 more companies to a blacklist for failing to deposit export earnings into accounts in domestic banks within the prescribed periods.

Jun 4, 2022

Reliance Brands to buy 40% in toymaker Plastic Legno SPA, signs joint venture

Reliance Brands and Plastic Legno SPA have signed a joint venture arrangement through which the former will acquire a 40 per cent stake in the latter's toy manufacturing business in India.

Jun 2, 2022

Google disables bombardment of RCS ads in India after brands went on hype

After several companies and brands abused Google Messages' RCS (Rich Communication Services) feature in India to bombard users with multiple ads without their consent, the tech company has decided to turn off RCS ads functionality in the country.