by PTI News | Jan 24, 2022 | 9:06 pm | News
New Delhi, Jan 25 (PTI) An apex body of alcoholic beverage industry on Monday hailed the Delhi government for its decision to reduce the number of dry days to three from 21 last year, saying the "anachronistic anomaly" has been removed. Confederation of Indian Alcoholic Beverage Companies (CIABC) Director-General Vinod Giri welcomed the step. "This [...]
by PTI News | Jan 24, 2022 | 9:02 pm | News
New Delhi, Jan 24 (PTI) The government is planning to come up with a policy that will facilitate an ecosystem for the industry to create an indigenous operating system as an alternative to Google's Android and Apple's iOS, Union Minister of State for Electronics and IT Rajeev Chandrasekhar said on Monday. At present, mobile phones [...]
by PTI News | Jan 24, 2022 | 8:56 pm | Company Results, News
New Delhi, Jan 24 (PTI) Security software provider Quick Heal Technologies on Monday said its consolidated net profit grew 6.1 per cent to Rs 14.3 crore in December quarter 2021. The company had posted a net profit of Rs 13.5 crore in the year-ago period, Quick Heal said in a regulatory filing. Total revenue rose [...]
by PTI News | Jan 24, 2022 | 8:47 pm | News
New Delhi, Jan 24 (PTI) Activities of trade defence wing, operational under the commerce ministry, have helped in reduction of anti-subsidy duty imposed on Indian goods by other countries, an official statement said on Monday. To address the needs of Indian exporters, the Directorate General of Trade Remedies (DGTR) besides conducting investigations against dumped and [...]
by PTI News | Jan 24, 2022 | 8:46 pm | News
New Delhi, Jan 24 (PTI) Digital commerce platform Meesho on Monday said it aims to onboard more than 450 people this year to strengthen its technology team.Meesho has doubled the strength of its tech team in 2021, owing to the phenomenal growth witnessed by the business in the year gone by, a statement said.The company [...]
by PTI News | Jan 24, 2022 | 8:27 pm | News
New Delhi, Jan 24 (PTI) The Competition Commission has imposed fines totalling more than Rs 63 crore on three maritime transport companies and individuals concerned for indulging in cartelisation. The watchdog has passed an order against four companies for cartelisation with respect to provision of maritime motor vehicle transport services to automobile Original Equipment Manufacturers [...]
by PTI News | Jan 24, 2022 | 8:20 pm | News
New Delhi, Jan 24 (PTI) Electric vehicle start-up Oben Electric on Monday said it has raised USD 1 million (around Rs 7.5 crore) in funding from investors, including GVK Power & Infra Board Member Krishna Bhupal and IIFL Wealth Executive Director Shajikumar Devakar. The round follows the USD 1.5 million raised in December 2021 which [...]
by PTI News | Jan 24, 2022 | 8:14 pm | News
New Delhi, Jan 24 (PTI) World's largest cryptocurrency exchange Binance on Monday launched its first ever Indian NFT collection inspired by Indian mythology and Southeast Asian, Japanese and Chinese folklore.The Indian NFT Collection, MetaMasters, whose unique selling proposition is bringing good fortune —'888 times more money, wealth & profits for its collectors' — will be [...]
by PTI News | Jan 24, 2022 | 8:13 pm | News
New Delhi, Jan 24 (PTI) Amazon on Monday faced the ire of a section of Indian social media users over merchandising some products, including apparel and food items, that feature images of the Indian flag, with some saying that using the tricolour in such a way was an insult and a violation of the country's [...]
by PTI News | Jan 24, 2022 | 8:12 pm | News
New Delhi, Jan 24 (PTI) Traders' body CAIT on Monday filed a complaint with the Competition Commission of India against Amazon accusing the e-commerce major of committing a fraud while seeking approval for the takeover of More Retail's stores in India. The Confederation of All India Traders (CAIT) claimed that in case of acquiring More [...]
