News for 'Consumer Commission'

Ensure availability of oxygen, functional ventilators: Centre to states

Ensure availability of oxygen, functional ventilators: Centre to states

Rediff.com24 Dec 2022

In a letter to all states and UTs, Health Ministry Additional Secretary Manohar Agnani said the operationalisation and maintenance of these medical infrastructure is of utmost importance to meet any eventuality even though the number of cases in the country is low now.

Cancellation: Deccan to pay Rs 30,000

Cancellation: Deccan to pay Rs 30,000

Rediff.com21 Oct 2008

Anjani Malik, a resident of Haryana, was not able to catch a flight from Kullu to Delhi in March last year and was told to wait for the next day, the exercise which lasted for four days at at a stretch. After the harassment, he decided to return to the capital at his own costs. Malik then approached the District Consumer Forum, Sheikh Sarai, claiming Rs 50,000 compensation following which the airlines was asked to pay Rs 30,000.

Insurance: Understand Policy Coverage

Insurance: Understand Policy Coverage

Rediff.com19 Nov 2021

The National Commission ruled that a person must opt for a policy and submit the proposal form after acquainting himself with the terms and scope of coverage to determine where it would be suitable and adequate.

Margins remain a pain point for organised FMCG supply-chain companies

Margins remain a pain point for organised FMCG supply-chain companies

Rediff.com16 Jun 2023

Jiomart B2B is the latest among organised supply-chain companies to bite the bullet, shutting down its warehouses, and asking its employees to leave. Why are companies finding it difficult to sustain the supply-chain business? Experts point out that gross margins in supplying fast-moving consumer goods (FMCGs) are very low.

Rs 1.72 lakh loan cheque dishonoured, bank rapped

Rs 1.72 lakh loan cheque dishonoured, bank rapped

Rediff.com5 Nov 2008

New Delhi-based businessman Krishan Kumar Karnani had to cancel his order resulting in humiliation and loss of goodwill in the market as the bank's cheque of Rs 1,72,000 was dishonoured with remarks 'stop payment'. Karnani, who had approached the bank following an advertisement in the newspapers on August 21, 2000 for 'spot loan', was found eligible under the scheme.

Chinese toys popular in India seized in US for having dangerous chemicals

Chinese toys popular in India seized in US for having dangerous chemicals

Rediff.com22 Oct 2021

The US Customs and Border Protection (CBP), ahead of the holiday shopping season, warned consumers to be extra diligent while shopping online for children's toys after the recent seizure of toys that were coated in unsafe levels of lead, cadmium and barium.

With Zepto Becoming First Unicorn of 2023, is Funding Winter About to Thaw?

With Zepto Becoming First Unicorn of 2023, is Funding Winter About to Thaw?

Rediff.com7 Sep 2023

Quick commerce startups hope to race towards better days. Can they crack the execution code?

Reliance net falls 15%; plans to raise Rs 20,000 cr

Reliance net falls 15%; plans to raise Rs 20,000 cr

Rediff.com20 Jan 2023

Reliance Industries Ltd on Friday reported a 15 per cent drop in its net profit to Rs 15,792 crore for the third quarter, according to a company's stock exchange filing. The net profit of Rs 15,792 crore in October-December 2022 compares to Rs 18,549 crore a year back.

Unsolicited calls: HC notice to Airtel

Unsolicited calls: HC notice to Airtel

Rediff.com19 Feb 2007

The Commission was critical of the fact that the information relating to subscribers, which was confidential and lying with mobile companies, was being passed on to telemarketing agencies without the users' consent.

Zomato, Swiggy to be probed for alleged unfair biz practices

Zomato, Swiggy to be probed for alleged unfair biz practices

Rediff.com4 Apr 2022

Competition Commission on Monday ordered a detailed probe against food delivery platforms, Zomato and Swiggy, for alleged unfair business practices with respect to their dealings with restaurant partners. The order has come on a complaint filed by the National Restaurant Association of India (NRAI). The watchdog's probe arm -- Director General (DG) -- will investigate the case.

Mediclaim cannot be denied to drinkers

Mediclaim cannot be denied to drinkers

Rediff.com8 Jan 2007

In a ruling which will lift the spirits of those who drink moderately, the Delhi state Consumer Commission has cautioned insurance companies against the practice of repudiating mediclaim policy of such persons on frivolous grounds.

Why implementing stricter e-com rules won't be easy

Why implementing stricter e-com rules won't be easy

Rediff.com22 Sep 2021

There is a significant difference of opinion within the government on the draft e-commerce rules put out by the consumer affairs ministry, a top government official said on Wednesday and flagged concerns that continuous change of the policy causes a great deal of uncertainty. The official said that unnecessary fear is created that the government's current e-commerce policy is hurting small traders. "There is a significant difference of opinion within the government on the draft Consumer Protection (e-commerce) Rules put out by the consumer affairs ministry... Continuous change of the policy causes a great deal of uncertainty," the official said on the condition of anonymity.

Opposition decries PM's I-Day address as 'crass election speech'

Opposition decries PM's I-Day address as 'crass election speech'

Rediff.com15 Aug 2023

'To summarise, PM Modi's failures in the last nine years can be categorised under 'durniti' (bad policies), 'anyay' (injustice) and - perhaps most importantly - 'badniyat' (ill intention)'

PayU Payment's acquisition of BillDesk gets CCI nod

PayU Payment's acquisition of BillDesk gets CCI nod

Rediff.com5 Sep 2022

Competition Commission of India (CCI) on Monday granted its approval for the acquisition of 100 per cent equity of indiaideas.com (BillDesk) by PayU Payments. The proposed combination relates to the acquisition of 100 per cent of the equity share capital of India Ideas Ltd (IIL) by PayU India. In a tweet on Monday, CCI said it approved, "acquisition of 100% of the equity share capital of IndiaIdeas.com (BillDesk) by PayU Payments."

Minorities panel summons Delhi mayors on Friday over meat ban

Minorities panel summons Delhi mayors on Friday over meat ban

Rediff.com7 Apr 2022

The Delhi Minorities Commission has issued a show-cause notice to mayors and commissioners of three municipal corporations in the city seeking an explanation on what basis have they decided to ban or shut meat shops during Navratri.

Defective Merc: Co asked to offer new car

Defective Merc: Co asked to offer new car

Rediff.com21 Sep 2007

Now, the National Consumer Commission has come to the rescue of the car owner and directed Daimlerchrysler India Pvt Ltd - the makers of Mercedez-Benz - to either replace the car, which suffered from over-heating, or refund its price.

Senior advocate R Venkataramani named Attorney General of India

Senior advocate R Venkataramani named Attorney General of India

Rediff.com28 Sep 2022

He will succeed K K Venugopal, whose term will end on September 30.

NEET, Vishwakarma Scheme, And Tamil Angst

NEET, Vishwakarma Scheme, And Tamil Angst

Rediff.com28 Sep 2023

Medical seats for under-graduates and post-graduates remaining vacant in the NEET era, together with the Centre 'freezing' the number of medical colleges and seats in (Dravidian) Tamil Nadu and the launch of the PM's 'Vishwakarma Scheme' for the nation's craftsmen, are all seen as a bid to further reverse the state's progressive socio-economic agenda of and its achievements of the past hundred-plus years, argues N Sathiya Moorthy.

Govt issues 202 notices to e-com players for violating norm

Govt issues 202 notices to e-com players for violating norm

Rediff.com26 Oct 2021

The Union government on Tuesday said it has issued 202 notices to e-commerce players for incorrect declaration of 'country of origin' on products on their platforms in the last one year. The maximum number of such violations were found with respect to electronic appliances, followed by clothing and home products. Out of 217 notices, 202 notices were issued for violations relating to 'country of origin' norm.

56 mn Indians may have turned poor in 2020 due to pandemic: World Bank

56 mn Indians may have turned poor in 2020 due to pandemic: World Bank

Rediff.com7 Oct 2022

About 56 million Indians may have plunged into extreme poverty in 2020 as a result of the pandemic, increasing the global tally by 71 million and making it the worst year for poverty reduction since World War II, according to fresh estimates by the World Bank. "The global goal of ending extreme poverty by 2030 is likely to be missed: By then, about 600 million people will remain in abject poverty. A major course correction is needed," Indermit Gill, chief economist at the World Bank, tweeted. The World Bank in its latest "Poverty and Shared Prosperity" made fresh estimates of poverty using a new extreme poverty line based on the purchasing power parity (PPP) of $2.15, the earlier one being at $1.9.

CCI slaps Rs 936.44 cr fine on Google over Play Store policies

CCI slaps Rs 936.44 cr fine on Google over Play Store policies

Rediff.com25 Oct 2022

In its second ruling against Google in less than a week, the Competition Commission on Tuesday slapped a penalty of Rs 936.44 crore on the internet major for abusing its dominant position with respect to its Play Store policies.

Has Apple's Roller-Coaster Ride In India Ended?

Has Apple's Roller-Coaster Ride In India Ended?

Rediff.com21 Apr 2023

The new mantra was to align Apple's ambition with the government's, focusing on Modi's favourite themes of Make in India, employment generation and India as a high-tech export hub.

Kinetic to refund money for defective bike

Kinetic to refund money for defective bike

Rediff.com14 Jun 2005

The National Consumer Commission has told KEL to refund the cost of Rs 41,970, besides compensation of Rs 5,000.

Gas prices hiked 40%; CNG, PNG to cost more

Gas prices hiked 40%; CNG, PNG to cost more

Rediff.com30 Sep 2022

Prices of natural gas, which is used to generate electricity, make fertiliser and is converted into CNG to run automobiles, were on Friday hiked by a steep 40 per cent to record levels, in step with global firming up of energy rates. The rate paid for gas produced from old fields, which make up for about two-thirds of all gas produced in the country, was hiked to $8.57 per million British thermal units from the current $6.1, according to an order from the oil ministry's Petroleum Planning and Analysis Cell (PPAC). Simultaneously, the price of gas from difficult and newer fields like the ones in Reliance Industries Ltd and its partner bp plc operated deepsea D6 block in KG basin, was hiked to $12.6 per mmBtu from $9.92, the order said.

'$33 billion was taken out of India -- the highest-ever'

'$33 billion was taken out of India -- the highest-ever'

Rediff.com6 Dec 2022

'Yet the market didn't do all that badly because it was cushioned by domestic inflows.'

How Policybazaar-LIC Tie-Up Is Working Out

How Policybazaar-LIC Tie-Up Is Working Out

Rediff.com6 Apr 2022

'From our perspective, it will bring additional customers and from their perspective, it will get them younger customers.'

ED attaches assets worth over Rs 757 cr of Amway India

ED attaches assets worth over Rs 757 cr of Amway India

Rediff.com18 Apr 2022

The Enforcement Directorate (ED) has attached assets worth over Rs 757 crore of one of the country's most known multi-level marketing (MLM) and direct-selling companies, Amway India, as part of a money-laundering investigation. The central agency issued a statement on Monday, alleging that the company was perpetrating a "scam" by running a pyramid "fraud" in the guise of direct-selling MLM network. "The entire focus of the company is about propagating how members can become rich by becoming members. There is no focus on the products. "Products are used to masquerade this MLM pyramid fraud as a direct-selling company," the ED alleged.

PM 'pressuring' Himachal BJP rebel, says Cong citing viral video

PM 'pressuring' Himachal BJP rebel, says Cong citing viral video

Rediff.com6 Nov 2022

Congress spokesperson Abhishek Manu Singhvi cited a viral video on social media platforms, claiming that in it Modi's voice is heard in a call with BJP rebel Kripal Parmar.

Consumer finance: Smaller players fill the void

Consumer finance: Smaller players fill the void

Rediff.com4 Dec 2009

The exit of the big movers has meant more opportunities for local players such as Nambiar Finance, which is just one of the 1,465 non-deposit-taking NBFCs registered with the Mumbai office of the Reserve Bank of India.

Profiteering Charges In GST Leave Companies Perplexed

Profiteering Charges In GST Leave Companies Perplexed

Rediff.com13 Jul 2022

Provisions in the Central GST Act say reduction in GST rates or the benefit of ITC must be passed on to consumers.

Onboarding of e-commerce giants crucial to ensure success of ONDC

Onboarding of e-commerce giants crucial to ensure success of ONDC

Rediff.com15 Sep 2022

When Open Network for Digital Commerce (ONDC) was conceived last December, the idea was to reduce the dominance of e-commerce giants like Amazon and Flipkart. It was also to bring in a level-playing field for small merchants in India's fragmented but fast-growing $1-trillion retail market. However, those goals have changed now as large e-commerce players such as Flipkart, Amazon and Ecom Express are in various levels of talks with the ONDC team. They want to form partnerships like integrating with the network as well as providing their expertise to build it, according to the industry sources.

Fake licence? Insurance cos still must pay

Fake licence? Insurance cos still must pay

Rediff.com18 Jul 2003

The Supreme Court has ruled that an insurance company will be liable to pay compensation to a vehicle owner, even if the vehicle involved in a mishap is manned by a driver without a valid licence.

Natural gas price to rise to record level this week

Natural gas price to rise to record level this week

Rediff.com25 Sep 2022

Prices of natural gas, which is used to generate electricity, make fertiliser and is converted into CNG to run automobiles, is likely to rise to record levels at the rate review scheduled this week, sources said. The government-dictated price for natural gas produced in the country is to be revised on October 1. After factoring in the spike in energy prices witnessed in recent months, the rate paid for gas produced from old fields such as of state-owned Oil and Natural Gas Corporation (ONGC) is likely to rise to $9 per million British thermal units from current $6.1.

Taking on Google, FB, Apple: CCI seeks more teeth to tackle Big Tech

Taking on Google, FB, Apple: CCI seeks more teeth to tackle Big Tech

Rediff.com31 May 2022

Ashok Kumar Gupta, chairman of the Competition Commission of India (CCI), has never minced words while talking about the giant technology companies, referring to them on multiple occasions as "centres for entrenched and unchecked dominance". The anti-trust regulator has, in fact, been cracking down on big technology companies such as Google, Apple, Facebook, and others, after they were hauled up by regulators and lawmakers in Europe and Australia. However, in several instances, existing regulations have prevented the CCI from going all out against these companies for anti-competitive activities.

What Google Says About CCI Orders

What Google Says About CCI Orders

Rediff.com14 Jan 2023

Google said safety, affordability and expanded use cases for the next wave of users will be the pillars to get the next 700 million users online.

NCLAT reserves order on Amazon's plea against CCI ruling

NCLAT reserves order on Amazon's plea against CCI ruling

Rediff.com26 Apr 2022

The National Company Law Appellate Tribunal (NCLAT) has reserved its order on Amazon's plea challenging the decision of regulator CCI to suspend approval for the e-commerce major's deal with Future Coupons. In December last year, Competition Commission of India (CCI) suspended the approval given by it in 2019 for Amazon's deal to acquire a 49 per cent stake in Future Coupons Pvt Ltd (FCPL). The regulator had said that Amazon suppressed information while seeking clearances for the transaction back then and also slapped a fine of Rs 202 crore on the company.

CPIM leader Tarigami files plea in SC for early hearing of petition on Article 370

CPIM leader Tarigami files plea in SC for early hearing of petition on Article 370

Rediff.com27 Aug 2021

In his petition, Tarigami said despite the fact that the challenge to the constitutional validity of orders by the Centre on August 5, 2019 as well as the J-K (Reorganisation) Act, 2019 is pending before the Supreme Court, the central government has taken some 'irreversible actions'.

Eight months after rolling back farm laws, Centre sets up MSP panel

Eight months after rolling back farm laws, Centre sets up MSP panel

Rediff.com19 Jul 2022

Nearly eight months after the government repealed the three controversial farm Acts, it has constituted a high-powered panel under the chairmanship of former agriculture secretary Sanjay Agarwal to make the minimum support price (MSP) mechanism more effective and transparent as promised by Prime Minister Narendra Modi in his televised address announcing the repeal. The names of three members from the Samyukta Kisan Morcha (SKM), the main grouping that spearheaded the year-long agitation at Delhi's borders, have been withheld, pending receipt by the government, stated a gazette notification. NITI Aayog member Ramesh Chand, Indian Institute of Management-Ahmedabad Professor Sukhpal Singh, Indian Farmers Fertiliser Cooperative chairman Dilip Sanghani, secretaries of the Departments of Agriculture, Indian Council of Agricultural Research, Food and Consumer Affairs, Cooperation and Textiles, along with representatives from the state governments of Karnataka, Andhra Pradesh, Sikkim, and Odisha will also form part of the panel.

How Amul bucked Covid blues to launch 100 products during lockdown

How Amul bucked Covid blues to launch 100 products during lockdown

Rediff.com23 Jul 2022

The dairy major is transforming into a full-fledged F&B and fast moving consumer goods (FMCG) player, reports Vinay Umarji.

Kerala woman doctor stabbed to death by man she was treating

Kerala woman doctor stabbed to death by man she was treating

Rediff.com10 May 2023

A 23-year-old doctor was stabbed to death on Wednesday at a taluk hospital in Kottarakkara area of Kollam district in Kerala allegedly by a man, a school teacher under suspension, who was brought there by police after being involved in a fight with his family members.