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Zomato, Swiggy, Flipkart and Oyo have opposed the new regulations on digital competition proposed by a government-appointed committee. Indian companies that supported the proposal of ex-ante regulations include Paytm and MakeMyTrip, albeit with caveats.
ICICI Bank Ltd. and HDFC Bank Ltd. are planning meetings with investors in London, Singapore and Hong Kong in the coming months, seeking to woo them with a range of currency hedging products and custodian services.
As per International Energy Agency (IEA), PLI scheme for Auto has attracted investments worth Rs 677 billion which will be spent over the next 5 years
Indian state-owned refiners are planning to increase their crude oil imports from Saudi Arabia and West Africa following a significant price reduction by Saudi Aramco
Happy Monday! Walmart-owned ecommerce behemoth Flipkart is undergoing significant restructuring, including an internal workforce reduction. This and more in todays ETtech Morning Dispatch.