“We are still in the process of examining the issue. We have to find a balance between consumer satisfaction and different stakeholders to find the best possible solution for the issue,” the official told Business Standard.
Business Standard had earlier reported that the ministry has raised the issue with the corporate affairs department during discussions around the proposed digital competition Bill.
Esta historia es de la edición September 24, 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.
Ya eres suscriptor ? Conectar
Esta historia es de la edición September 24, 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.
Ya eres suscriptor? Conectar
Meet Bharat Semi, startup behind Indo-US partnership
Meet Vrinda Kapoor, Vinayak Dalmia, and Mukul Sarkar, the founders of Bharat Semi, who dreamt of creating world-class products in India that would rival global standards.
Vi redials govt to settle AGR issue
Vodafone Idea (Vi) has begun a \"fresh dialogue\" with Centre to resolve the Adjusted Gross Revenue (AGR) dues issue, CEO of the telecom major Akshaya Moondra told analysts on Monday, asserting that the long-term business plans and revival strategy of the company remain \"unaffected\" from the curative petition outcome.
Meity timeline for chip production in the works
The Ministry of Electronics and Information Technology (Meity) is finalising a timeline for the commercial production of semiconductor wafers and chips from projects already approved by the government, as it intensifies its focus on execution, according to official sources.
Medical gear makers up in arms against zero-duty imports under EU FTA
The Ministry of Electronics and Information Technology (Meity) is finalising a timeline for the commercial production of semiconductor wafers and chips from projects already approved by the government, as it intensifies its focus on execution, according to official sources.
Kolkata Power Center key to our GaN play: GlobalFoundries
GlobalFoundries’ Kolkata Power Center will be crucial to its play in emerging technologies like gallium nitride (GaN), said the global semiconductor manufacturer.
Qcom-kirana store tangle under ministry scanner
The Ministry of Consumer Affairs is in the process of examining the issue of quick commerce players impacting businesses of local kirana stores, a senior government official said on Monday.
Price hikes boost margins of pathlabs
Move comes despite growing competition with online players
MyTVS forays into EV mobility service market to tap quick-commerce growth
The country's largest digital automotive aftermarket platform MyTVS on Monday announced entry into EV mobility service with the launch of pan-Indian 'Mobility-as-a-Service' (MaaS) to provide end-to-end vehicle management solutions to quick commerce and e-tail firms that extensively use electric two-wheelers.
Credit costs of MFIs may go up to 3-3.5% in FY25
Reflecting the build-up of stress due to rise in delinquencies, the credit costs of micro finance institutions (MFIs) are expected to rise to 3-3.5 per cent in 2024-25 (FY25) from around 2 per cent in FY24, according to CRISIL Ratings.
Credit card delinquencies up as retail credit growth eases
Balance-level delinquencies in the credit card segment saw a 17 basis points (bps) year-on-year (Y-o-Y) rise in the quarter ending June 2024 (Q1FY25).