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The Ministry of Corporate Affairs Committee on Digital Competition Law has advocated for a novel legal framework to govern competition in the digital realm. This proposed law would introduce ex-ante regulations to tackle potential anti-competitive behavior and antitrust concerns, specifically targeting large digital corporations.

The firm is charging a platform fee of Rs 2 per order, over handling charges that can range between Rs 5 to Rs 20, depending on factors like order size, location and time of day. This is different from rival quick-commerce platforms like Zomato-owned Blinkit and Swiggy Instamart that only charge handling fees.

CGG Q4 & FY 2023 Results Wednesday, 6th March 2024 ...

Garagepreneurs Internet, which operates the brand Slice, will merge with its in-house non-banking finance company Quadrillion Finance and the combined entity along with the banks microfinance entity, RGVN Microfinance will merge with NESFB.

The AI-based platform aims to use the funds for research and development to improve its algorithms, as well as for scaling its marketing and sales efforts. It offers automation solutions for businesses operating across various sectors.

Kaynes broke ground in Kongara Kalan near Hyderabad in October last year and proposed to invest Rs 2,850 crore there.

The European Unions Digital Markets Act (DMA), which kicked in last week, requires Apple to offer alternative app stores on iPhones and to allow developers to opt out of using its in-app payment system, which charges fees of up to 30%.

Oracle beat profit estimates, partnering with Nvidia, targeting supercomputers. It aims to reinvent as a cloud-computing provider, offering cheaper services through subscription plans and expanding cloud datacenters. Revenue growth is strong.

Puneet Bhirani will join CMS Info Systems as its president of operations. Before this, was the COO at Byjus for two years building and managing the hybrid learning business across 300+ centres.

European Union lawmakers and Belgium clinched a political deal last month, but only after diluting the Commissions proposal. They then failed to muster enough votes in favour from EU countries as France, Germany, Estonia and Greece abstained.