Articles for author: Market News

Market News

Amazon and Flipkart face antitrust findings in India for preferential treatment of sellers, igniting a fierce competition debate.

Amazon and Flipkart face antitrust findings in India for preferential treatment of sellers, igniting a fierce competition debate.

An Indian antitrust investigation has concluded that Amazon and Flipkart violated local competition laws by favoring specific sellers on their platforms. The Competition Commission of India (CCI) initiated this probe in 2020, following complaints that these companies promoted select sellers over others. The findings revealed that preferred sellers appeared more prominently in search results, marginalizing ...

Market News

Live or Die: West Bengal Doctors Demand Transparency as CM Banerjee Waits in Vain Amid Protests Over Grievous Tragedy.

On September 12, 2024, West Bengal Chief Minister Mamata Banerjee met with striking junior doctors at the State Secretariat, but the talks fell apart over the issue of live streaming the meeting. The doctors insisted on transparency following the tragic rape and murder of a colleague at R.G. Kar Medical College, while the government refused, ...

Market News

The groundbreaking of Dharavi’s redevelopment promises modern housing and infrastructure, revolutionizing Mumbai’s oldest slum by 2030.

The groundbreaking of Dharavi’s redevelopment promises modern housing and infrastructure, revolutionizing Mumbai’s oldest slum by 2030.

The Dharavi Redevelopment Project Pvt Ltd (DRPPL), a collaboration between the Maharashtra government and the Adani Group, recently held a groundbreaking ceremony for Asia’s largest slum redevelopment. This project aims to transform Dharavi into a modern township within seven years, offering eligible residents a new 350-square-foot home with essential amenities. Ineligible residents will be provided ...

Market News

Corning accelerates growth in India with major investments in mobile tech and life sciences, marking a bullish future.

Corning accelerates growth in India with major investments in mobile tech and life sciences, marking a bullish future.

Corning is optimistic about its growth in India, focusing on mobile consumer electronics and life sciences. Currently, its automotive and optical fiber sectors generate the most revenue. The company, originally known for glass covers for light bulbs, has diversified into various glass technologies. To strengthen its presence, Corning plans to invest over Rs 1,000 crore ...

Market News

New Report Urges Bold Pandemic Legislation: Will India Finally Act Before the Next Outbreak?

A report by an expert group from NITI Aayog suggests creating a Public Health Emergency Management Act (PHEMA) to improve responses to disease outbreaks and pandemics. Titled ‘Future Pandemic Preparedness and Emergency Response’, the report emphasizes the importance of the first 100 days of an outbreak for effective management. It proposes a special fund for ...

Market News

BJP’s Anurag Thakur: Congress ‘Crushing’ Hindus While Claiming Peace in Kashmir—A Comedy of Political Errors?

BJP MP Anurag Thakur has sharply criticized the Congress party for harming Himachal Pradesh’s economy and mishandling law and order. In a recent statement, he accused the Congress government of silencing Hindu organizations and claimed that their rights are being suppressed, even during peaceful protests. Thakur highlighted the positive changes in Jammu and Kashmir since ...

Market News

Veteran leader Sitaram Yechury, a pragmatic communist, shaped left politics in India before his passing at 72, leaving a profound legacy.

Veteran leader Sitaram Yechury, a pragmatic communist, shaped left politics in India before his passing at 72, leaving a profound legacy.

Sitaram Yechury, a veteran leader of the Communist Party of India (Marxist), passed away at the age of 72 after battling a severe lung infection. Known for his deep understanding of electoral politics, Yechury aimed to modernize the Left movement by fostering alliances to challenge the right-wing Sangh Parivar. A key architect of the United ...

Market News

Modi Celebrates Paralympic Glory: Is it a Medal for Governance or Just a Spotlight on Champions?

Prime Minister Narendra Modi recently met with India’s talented Paralympians to celebrate their historic achievement at the Paris Games, where they earned a record 29 medals, including seven golds. During the event in New Delhi, the Prime Minister congratulated the athletes, notably recognizing wheelchair shooter Avani Lekhara and judoka Kapil Parmar, who made history as ...

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