LiveProposed Changes to Consumer Protection (E-commerce) Rules Under Way
In July 2020, the government created the Consumer Protection (E-Commerce) Rules, 2020 to regulate all goods and services bought or sold over digital or electronic...
Category : BUSINESS
Adani Wilmar Enters Indian Whole Grain Market with its Brand Fortune
On Friday, Adani Wilmar announced its entry into the whole grain market under its brand Fortune. It will offer multiple wheat varieties including Sharbati, Poorna...
Hyundai Motors and LG Energy to Invest $4.3 Billion to Manufacture EV Batteries in the US
LG Energy Solution and Hyundai Motor Group plan to invest $4.3 billion or 5.7 trillion won to build a plant to manufacture electric-car batteries in...
Credit Suisse Unit Loses Case Against Former Georgian PM, to Pay $926 Million in Damages
Credit Suisse Trust Ltd, a unit of the collapsed Credit Suisse Group AG, has lost a case against former Georgian prime minister Bidzina Ivanishvili and...
Open AI Introduces $1 Million Grants to Democratise AI
OpenAI, the ChatGPT developer backed by Microsoft, has introduced 10 grants for building prototypes of a democratic process for steering artificial intelligence (AI). Each grant...
Ford to Use Tesla’s Charging Tech Starting Next Year
Ford CEO Jim Farley and Tesla CEO Elon Musk have announced a strategic partnership that will revolutionize electric vehicle (EV) charging. Starting early next year,...
Reliance Consumer Acquires Controlling Stake in Confectionery Brand Lotus Chocolates
The wholly-owned FMCG subsidiary of Reliance Retail Ventures Limited (RRVL), Reliance Consumer Products Ltd (RCPL) said that it has completed the acquisition of a 51%...
Go First to Submit Revival Plan to DGCA, Operations Unlikely to Continue Until then
The recently bankrupt airline Go First was asked to submit a revival plan within a month by the Directorate General of Civil Aviation (DGCA) on...
OpenAI Raises $175 Million for Startup Investment Fund
Artificial intelligence startup OpenAI has closed an investment fund, according to a Securities and Exchange Commission filing. Documents show the fund is worth more than...
Uber Pushes EV In India, To Go All-Electric By 2040
Uber Technologies, the Global Ride-hailing platform, on Wednesday, announced its plans to introduce ‘Uber Green’ in India. Under the latest offering, the company will let...