WhatsApp-parent Meta said that it disagrees with the Competition Commission (CCI) decision of imposing Rs 213 crore penalty. The CCI, on Monday, imposed a penalty of Rs 213.14 crore on the social media giant for unfair business ways with respect to WhatsApp privacy policy update done in 2021. As per a PTI report, a Meta…
Representative Image New Delhi The U.S. industry body Cotton Council International (CCI) has called on the Indian government to remove the 11 per cent import duty on short staple cotton to reduce prices for the Indian textile industry, during a roundtable organized by CCI on Tuesday. This request follows the February decision to remove the…
Fair trade regulator CCI on Tuesday approved the acquisition of 1.74% equity stake of Lenskart Solutions by Kedaara Capital Fund III LLP. Lenskart Solutions is into the business of eyewear products, while Kedaara Capital Fund III LLP is a Sebi-registered Alternative Investment Fund (AIF). The latter is part of the Kedaara Group. In a tweet…
NEW DELHI: Union finance minister Nirmala Sitharaman on Friday said that taming inflation to ensure sustained economic growth is the Centre’s “priority”.She was addressing the B20 Summit India, being hosted by the Confederation of Indian Industry (CII).During her speech, the minister said that elevated interest rates for considerable time hampers recovery, adding that her “priority…
