Ban on misleading users by manipulating search results, appointment of chief compliance officer and resident grievance officer are some of the other amendments being proposed.
Rare Planet was launched in 2017. Its products are listed on e-commerce websites and they have partnered with NBFCs to increase the salability of their products.
The startup is targeting a valuation of about $40 billion as it plans to debut in the public markets next year. Japan’s SoftBank could invest $300-$500 million in the company.
Allegations that global companies are dumping capital into the Indian e-commerce market arises from an inaccurate perception that the e-commerce industry is not capital-intensive.
The partnership marks the entry of Adani into the three-way fight for domination of India’s online shopping space. Up against the Walmart-Adani alliance is Amazon & Reliance Industries.
Parliamentary committee has also said user privacy and data security are of utmost importance, and that people's 'right to be forgotten' online is paramount.
E-mandis deploy tech such as AI and drones to inject efficiency all along the supply chain. Indian players in the field include INI Farms, Agribazaar, Monks Bouffe, and Crofarm.
According to government reply in Lok Sabha, the pilot phase of PMIS is being used to test concepts, strategies and systems before a full-scale implementation of the scheme.
Order for 87 MALE drones will be split between 2 Indian firms in 64:36 ratio to ensure there are 2 independent manufacturing lines with at least 60% indigenous components.
The India-South Africa series-defining fact is the catastrophic decline of Indian red ball cricket where a visiting team can mock us with the 'grovel' word.
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