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Unfair Business Practices: Inquiry against Zomato and Swiggy

Unique Times April 5, 2022 0

Investigation against online food delivery companies Zomato and Swiggy for alleged business practices. According to the reports, such an inquiry has been ordered by the Competition Commission of India (CCI). It is alleged that Swiggy and Zomato are making some changes to their platform in favor Continue Reading

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Travel: As India Inc opens its doors to the world, business travel takes off

Unique Times March 19, 2022 0

Business travel is picking up again, thanks to a two-year low in Covid-19 cases and companies gradually reopening offices, but India Inc is still playing it safe. Many companies, including ITC, the RPG Group, KPMG, Mphasis, Panasonic, Dabur, UpGrad, and Mercedes-Benz India, have resumed business travel, but only when absolutely necessary and with stringent safety […]Continue Reading

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Amazon  Attempting to Halt an Antitrust Investigation Into Its 2019 Merger With India’s Future Group

Unique Times November 26, 2021 0

According to legal documents seen by Reuters, Amazon.com Inc has requested India’s Supreme Court to halt an expedited assessment of charges that the company hid material when seeking antitrust clearance for a 2019 merger with India’s Future Group. Amazon was accused of concealing information and making misleading statements by the Competition Commission of Continue Reading

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World Trade and Development Report: India for Preferential Status to Developing Nations

Unique Times November 26, 2021 0

On Thursday, the administration emphasized the importance of maintaining the WTO’s special and differential treatment for developing and poor nations, as well as a consensus-driven approach, as essential principles, a viewpoint held by trade experts as well. “At the upcoming WTO ministerial conference, India will fight to preserve special and differential Continue Reading

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Paytm CEO’s Goal to Deliver India’s Largest-Ever IPO Backfires

Unique Times November 19, 2021 0

Vijay Shekhar Sharma brushed away tears of pleasure as he recalled his climb from “commoner” to CEO of a digital payments behemoth that recently completed India’s largest-ever IPO. Before striking the opening gong at the Bombay Stock Exchange at 10 a.m. local time on Thursday, the founder and CEO of One 97 Communications Ltd., operator […]Continue Reading

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HCL Tech to Train and Hire High School Graduates in the United States

Unique Times November 11, 2021 0

HCL Tech, an IT services provider, has announced an apprenticeship program in the United States to train and hire high-school graduates in order to boost its localization efforts in global markets. Apprentices who complete the program successfully will be offered full-time employment with HCL and will be able to pursue a debt-free college degree at […]Continue Reading

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FinMin to Federal Ministries and Departments: Clear Air India Dues, Buy Seats in Cash

Unique Times October 28, 2021 0

All key ministries and government entities have been asked by the Finance Ministry to discharge Air India’s debts as soon as possible. The Department of Expenditure (DoE) also stated that government agencies may only purchase tickets from Air India in cash, as the carrier which is set to be acquired by the Tata group, no […]Continue Reading

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India’s September Trade Deficit Widens to Record $22.6 Billion

Unique Times October 15, 2021 0

According to government data released on Thursday, India’s merchandise trade imbalance stretched to a record $22.6 billion in September, the largest in at least 14 years, as crude oil and gold imports soared. The Reserve Bank of India is unlikely to be troubled by the rising trade deficit because the trade surplus in services and […]Continue Reading

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Vehicle Sales Drop 41 Percent in September

Unique Times October 15, 2021 0

The Society of Indian Automobile Manufacturers, or Siam, reported on Thursday that passenger vehicle sales in September plunged 41% to 1,60,070 units, down from 2,72,027 units in the same month a year ago. High commodity prices and a chip shortage exacerbated automakers’ woes, resulting in lower sales. In the same month last year, the car […]Continue Reading

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Tata Motors invests Rs 7,500 crore in electric vehicle business

Unique Times October 13, 2021 0

Tata Motors is making a global investment in the electric vehicle business. US-based TPG Rice Climate and Abu Dhabi-based ADQ will invest Rs 7,500 crore. Tata Motors will transform its electric vehicle business into a separate company. The TPG-ADQ alliance will have an 11% –15% stake in the company. The new company is valued at […]Continue Reading