The Central Consumer Protection Authority (CCPA) on Wednesday said it has imposed a penalty of Rs 1 lakh on e-commerce firm Flipkart for allowing sale of substandard domestic pressure cookers on its platform, in violation of mandatory standards. Headed by Chief Commissioner Nidhi Khare, the CCPA has directed Flipkart to recall all such 598 pressure cookers sold on its platform, reimburse their buyers, and submit a compliance report within 45 days. The central government routinely notifies the Quality Control Orders (QCOs), specifying compulsory conformity to a standard and use of the standard mark for a product to protect consumers from the risk of suffering injury and harm and in the interest of the public at large.
The Delhi high court on Thursday refused to stay the release of several movies, purportedly based on the life of late Bollywood actor Sushant Singh Rajput, including Nyay: The Justice which is scheduled to be released on Friday, saying these films are neither portrayed as biopic nor factual narration of what transpired in his life.
'Live a simple lifestyle where you eat well, sleep on time and take care of your body.'
'How can I pursue my dream forgoing my identity? I want to fly as a trans man.'
MotoGP is ready for a foray into India convinced it has a better future than Formula One in the world's second largest motorcycle market.
While acknowledging Shivaji's naval contributions, questions are being raised about the inadequate acknowledgement of Chola sea-power in southern Tamil Nadu, which dates back by a few centuries, explains N Sathiya Moorthy.
Tata Motors is actively considering tapping into some of the export markets beyond South Asia, for its range of electric vehicles (EVs) as it sees an opportunity of selling affordable EVs in markets outside India. The export plans will coincide with the commercial launch of the Curvve - an electric SUV concept that broke cover on Wednesday, in two years from now, Shailesh Chandra, MD, Tata Motors PVs and Electric Mobility, told Business Standard. "We are actively thinking of the international markets and we would like to go with a portfolio of products. "We have identified a few markets and in a couple of years, we should commence the same," said Chandra.
The International Automobile Federation (FIA) is in no danger of suffering the sort of corruption scandal currently engulfing world soccer governing body FIFA, its president Jean Todt said on Saturday.
Merely bringing down the government stake below 51% may not find any taker for the PSBs. The government must bring down its holding to at least 26%, recommends Tamal Bandyopadhyay.
Quite a few superstars are bringing their big releases to the big screen this month.
Stephen Hawking, in his final book Brief Answers to the Big Questions, considered an asteroid collision to be the biggest threat to the planet. At this point, we are as well prepared as dinosaurs were when a 10-km wide asteroid hit the planet 65 million years ago, notes Kumar Abishek.
'I believe it's not the success of RRR or KGF that we must actually investigate but what makes these two films our marquee events,' argues Sreehari Nair.
To curb excessive volatility in mid and small cap counters, the BSE has introduced a new surveillance measure for certain stocks having a market capitalisation of less than Rs 1,000 crore. The new measure, add-on price band framework, will be applicable to companies with a market-capitalisation of less than Rs 1,000 crore and on securities in groups -- X, XT, Z, ZP, ZY, and Y, BSE said in a circular on Wednesday. Under the framework, the shortlisted securities will be subjected to additional periodic price limits of weekly, monthly and quarterly.
If you are serious about countering the Chinese threat, then the best weapon is investing in real freedom, plurality, elections and democracy. Unfortunately, it isn't an approach all Indians currently seem to agree on, asserts Shyam G Menon.
A consortium of Indian banks led by the State Bank of India (SBI) returned to the High Court in London for a bankruptcy application hearing against liquor tycoon Vijay Mallya, as they pursue the recovery of debt from loans paid out to his now-defunct Kingfisher Airlines. At a virtual hearing before Chief Insolvencies and Companies Court (ICC) Judge Michael Briggs on Friday, both sides deposed retired Indian Supreme Court justices as expert witnesses on Indian law in support of their arguments for and against a bankruptcy order against Mallya in the UK. While the banks argued a right to waive their security over the Indian assets involved in the case in order to recover their debt in the UK, lawyers for the 65-year-old businessman argued that the funds in question involved public money held by state-owned banks in India which precluded them from such a security waiver.
Saurabh Mukherjea, CEO, Ambit Capital, says he is advising clients to either take a genuinely long-term view on stocks or diversify the portfolio with stocks, bonds and gold for those with a short-term view.
'I regret not showing my grandparents the man I am today.' 'I was battling with drug and alcohol addiction when they were alive.' 'They were struggling to see me deteriorating my life and destroying it.'
The Bombay high court has directed Amazon Prime Video to take down a Telugu movie until the makers of the film deleted a scene in which a Mumbai-based actor's photograph was allegedly used without prior permission.
Use of non-vegetarian ingredients and labelling them vegetarian would offend religious and cultural sentiments of strict vegetarians and interfere in their right to freely profess their religion, the Delhi high court has said.
The attack on Dabur comes days after Fabindia was pilloried for naming its collection 'Jashn-e-Riwaaz'.
Though dubbed as the "war hero", the role of Rajapaksa in ending the conflict with the Liberation Tigers of Tamil Eelam with the death of its supremo Velupillai Prabhakaran in 2009 is quite divisive as he stands accused of violating human rights, a charge he vehemently denies.
'There will be a series of rate hikes, but the pace and quantum will depend on how the economy in the US and the rest of the world behave.'
'If I make content for my 16-year-old son, I have to keep in mind that the timelines are not too long.' 'To make someone sit and watch an episode for 20-25 minutes or 45-50 minutes, I have to ensure that the plot is always on the move.'
'Devas will continue to pursue its rights and enforcement actions against India in courts around the world.'
'We are losing the battle of secularism, but we have not lost.'
The RBI refuses to classify a cryptocurrency as an asset since it doesn't have future cash flow and its value is always fluctuating because of speculation. There is also no consumer protection, observes Tamal Bandyopadhyay, and hence the e-rupee trial run.
'When you are starting your journey, people say that's the hardest part.' 'But I feel that when you get a taste of success, when you get a taste of things working out for you, it is harder.'
Pakistan Prime Minister Imran Khan on Friday launched the country's first-ever national security policy, which articulates a citizen-centric framework, placing economic security at its core unlike the previous one-dimensional security policy where the focus was on the military.
Bhagwant Mann and Arvind Kejriwal are realising that it is not a cakewalk to run a full state that is plagued with a fiscal deficit and where emotions run high at the drop of a hat, observes Sudhir Bisht.
Joginder Tuteja takes a look at the actor's brief movie parts.
A division bench of the Madras high court on Tuesday expunged the adverse remarks made by a single judge against top Tamil actor Vijay on the issue of entry tax over the import of a luxury car from England in 2012.
As much as we enjoy and write reams and reams about our amazement at the Kantara climax, 30 years on from now, will we remember these portions more fondly or the ones where Shiva is simply hanging out with his friends, mulls Rohit Sathish Nair.
American retail giant Walmart is not keen on opening direct-to-consumer physical stores in India, but will focus on growing its acquisitions - online marketplace Flipkart and payments major PhonePe, a top official said on Friday. It can be noted that the company acquired Flipkart and PhonePe in a $16 billion deal a few years back. "We've got an omnichannel strategy that includes both of those components.
'You become a critic because the job entails watching a 100 films a year, out of which there will be five or six good films.' 'It's really a glutton for punishment, but you're also optimistic and want to see exciting things.'
The climax is what saves Koi Jaane Na from being a complete letdown, sighs Joginder Tuteja.
A rare bonhomie among three private telecom companies in raising tariffs coming on the back of a bailout package by the government may have helped the telecom sector avert a crisis but the challenges haven't ceased to exist as the industry faces a cash-guzzling task of rolling out 5G networks in the coming months. The sector that provides direct and indirect employment to millions is projected to see Rs 1.3 lakh crore to Rs 2.3 lakh crore of investments in the coming years in creating robust infrastructure and building telecom and network products that have been incentivised by the government through PLI and other initiatives. After years of cut-throat competition and the apex court ruling on payment of past statutory dues left some players in the lurch, billionaire Sunil Mittal's Bharti Airtel and struggling Vodafone Idea almost in tandem raised tariffs, taking the plunge they had long been talking about.
The South-East Asian country is a growing market for sponsors such as brewer Heineken and will give the region four races on the calendar again after the departure of Malaysia last year.
'It will be wrong to raise the expectations of tribals because of a tribal President. 'Tribal issues have not been resolved for 150 years.'
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