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FMCG distributors body says UPI transactions should remain zero-MDR for merchants

New Delhi, Sept. 18 -- The All India Consumer Products Distributors Federation (AICPDF) on Friday said it strongly opposes the proposed imposition of Merchant Discount Rate (MDR) on UPI transactions a... Read More


FSSAI initiates legal action against Nestle for non-compliances

New Delhi, Sept. 18 -- The Food Safety and Standards Authority of India has initiated legal action against Nestle India over non compliances with regards to regulations for infant food products. It sa... Read More


Adidas cuts jobs at tech hub in Gurugram to align operating model

New Delhi, Sept. 17 -- Sportswear major Adidas is laying off employees at its Gurgaon-based tech hub as it restructures its operating model. The company informed employees in a town hall meeting on Se... Read More


Oriflame aims to accelerate India business, expects to contribute 25% to global biz by 2030: Global CEO

New Delhi, Sept. 17 -- Beauty and wellness company Oriflame is looking to accelerate the growth of its India business, which currentlyranks among its top three markets globally. The Swedish company ai... Read More


Samsung India expects double-digit growth in H2 fuelled by festive demand, premiumisation

New Delhi, Sept. 16 -- Samsung India expects its home appliance business to garner double-digit growth in the second half of the year, driven by strong festival demand and expansion of the premium seg... Read More


UPI MDR: Retailers, clothing manufacturers flag impact of 0.4% charge on MSMEs

New Delhi, Sept. 16 -- The Retailers Association of India and the Clothing Manufacturers Association of India expressed concerns over the government's decision to reintroduce a 0.4 per cent Merchant D... Read More


CCPA penalises Rapido for misleading tipping prompts

New Delhi, Sept. 15 -- The Central Consumer Protection Authority (CCPA) has imposed a penalty of Rs.10 lakh on ride-hailing platform Rapido's parent company, for unfair trade practices, unfair contrac... Read More


After strong sell-out in Onam, LG India gears up for double-digit growth in festival season, led by premiumisation

New Delhi, Sept. 15 -- After witnessing double-digit sell-out growth during Onam, LG Electronics India is expecting to garner strong growth in the upcoming festival season on the back of positive cons... Read More


BRICS Women's Business Alliance calls for enabling women-led businesses to garner scale

New Delhi, Sept. 13 -- BRICS Women's Business Alliance has called for measures that will help women-led enterprises and businesses to scale while enabling more women entrepreneurs to move from partici... Read More


BRICS Business Council calls for supply-chain resilience framework, deeper co-operation in AI

New Delhi, Sept. 13 -- The BRICS Business Council has called for a supply-chain resilience framework as well as deeper co-operation in artificial intelligence, digital infrastructure and advanced manu... Read More