Kirana vs Q-com on table
Business Standard|August 29, 2024
Issue of potential threat to local stores from Q-com raised with corporate ministry
RUCHIKA CHITRAVANSHI & ARYAMAN GUPTA
Kirana vs Q-com on table

The government is set to examine concerns over quick com☐ merce companies potentially undermining businesses of local kirana stores, particularly in the context of the draft Digital Competition Bill, according to official sources.

The Ministry of Consumer Affairs recently raised the issue with the Ministry of Corporate Affairs during discussions around the proposed legislation.

"We need to assess if and how the Bill can address these concerns and explore further steps to include provisions to keep a check," a senior official stated.

Email queries sent to the Ministry of Corporate Affairs and the Ministry of Consumer Affairs did not elicit any response at the time of going to press.

Esta historia es de la edición August 29, 2024 de Business Standard.

Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.

Esta historia es de la edición August 29, 2024 de Business Standard.

Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.

MÁS HISTORIAS DE BUSINESS STANDARDVer todo
Sitharaman tables Manipur Budget with total expenditure of ₹35K cr
Business Standard

Sitharaman tables Manipur Budget with total expenditure of ₹35K cr

Finance Minister Nirmala Sitharaman on Monday tabled the Budget for financial year 2025-26 (FY26) for the strife-ridden state of Manipur with a total expenditure of ₹35,104 crore, up 7.5 per cent from the revised estimates of FY25.

time-read
1 min  |
March 11, 2025
India Needs to Innovate & Reduce Debt to Become Developed by 2047
Business Standard

India Needs to Innovate & Reduce Debt to Become Developed by 2047

India's gross domestic product (GDP) growth accelerated to 6.2 percent in the third quarter of FY25, up from 5.6 percent in the previous quarter.

time-read
1 min  |
March 11, 2025
Rupee Sees Worst Fall in 2 Weeks, Closing at 87.34 Against the Dollar
Business Standard

Rupee Sees Worst Fall in 2 Weeks, Closing at 87.34 Against the Dollar

The rupee fell the most in two weeks, weakening by 0.52 percent against the dollar on Monday due to strong demand for dollars in the non-deliverable forward (NDF) market.

time-read
1 min  |
March 11, 2025
Business Standard

EU Investors Eye Fresh Investments in Indian Equities: Macquarie

Investors from the European Union (EU) nations are looking to make fresh investments in domestic equities by cutting their underweight position, according to financial giant Macquarie.

time-read
1 min  |
March 11, 2025
Simplilearn Plans to Relaunch Fresher Upskilling Vertical
Business Standard

Simplilearn Plans to Relaunch Fresher Upskilling Vertical

Edtech Firm to Restart Study Abroad Programme as Well

time-read
2 minutos  |
March 11, 2025
Experts brainstorm on new possibilities in India's power sector by 2047 and Global Trends in Energy Transition @GRIDCON 2025
Business Standard

Experts brainstorm on new possibilities in India's power sector by 2047 and Global Trends in Energy Transition @GRIDCON 2025

The theme of POWERGRID led GRIDCON 2025, a premier global event in the power transmission industry Innovations in Grid Resilience: Strategies for enhancing reliability Sustainability and Adaptability of Power Transmission System

time-read
4 minutos  |
March 11, 2025
Ukraine overtakes India as top arms importer: Sipri
Business Standard

Ukraine overtakes India as top arms importer: Sipri

India was world's biggest importer of arms in 2019-23

time-read
2 minutos  |
March 11, 2025
Business Standard

IndusInd Bank CEO search looms as shares drop 3.86%

Following the Reserve Bank of India's (RBI's) approval for only a one-year extension to IndusInd Bank's Managing Director (MD) and Chief Executive Officer (CEO) Sumant Kathpalia, instead of the three-year tenor requested by the bank's board, brokerages expect the bank to initiate the process of selecting a new CEO.

time-read
2 minutos  |
March 11, 2025
Business Standard

India's obesity crisis

Reorienting food policies can address the problem

time-read
2 minutos  |
March 11, 2025
Business Standard

Sun Pharma to expand oncology portfolio with Checkpoint buy

\"This acquisition further bolsters our innovative portfolio in onco-dermatology,\" Sun Pharma's Chairman and MD Dilip Shanghvi said.

time-read
1 min  |
March 11, 2025