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Under the norms, the CCI Director General's report has been shared with the parties concerned and later, they will be called for hearings by the watchdog

CCI probe finds Zomato, Swiggy violating competition norms

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Swiggy, Zomato in hot soup as duo violating antitrust norms The Competition Commission of India (CCI) probe has found that food delivery platforms Zomato and...
The acquisition will help Swiggy’s entry into the huge retail market with a technology-led distribution platform

Swiggy acquires retail distribution company Lynk to enter retail market

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Swiggy enters the retail food and grocery segment with the LYNK acquisition On Thursday, the online food delivery platform, Swiggy announced the acquisition of retail...
The e-commerce food business operators (FBOs) were also directed by the Department to transparently show consumers the breakup of all charges

Govt directs Swiggy, Zomato to furnish grievance resolution framework, submit plans in 15 days

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Swiggy and Zomato received over 3500 grievances On Monday, the Department of Consumer Affairs directed the Swiggy and Zomato to furnish, within 15 days, ways...
The restaurant management platform is live in more than 27,000 restaurant locations across eight countries

UrbanPiper raises $24 mn through new investors like Swiggy and Zomato

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Swiggy, Zomato invest in restaurant management platform UrbanPiper UrbanPiper, the restaurant management platform on Monday announced it has raised $24 million led by existing investors...
Zomato was accused of charging approximately 27.8 per cent of the order value from the restaurants listed on its platform

CCI orders to probe against Zomato & Swiggy over law violations

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Zomato, Swiggy to get a taste of CCI On Monday the Competition Commission of India (CCI) ordered a thorough investigation into the conduct of online...
ED ramps up investigation into e-commerce giants, signaling heightened regulatory scrutiny

Flipkart, Amazon executives to be summoned by ED over alleged foreign investment violations

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Flipkart, Amazon under scrutiny for foreign investment violations India’s Enforcement Directorate (ED) is set to summon senior executives from Flipkart and Amazon as part of...
ED’s nationwide search targeted subsidiaries and sellers associated with major e-commerce players

ED raids on e-commerce sellers linked to Amazon, Flipkart a positive step: CAIT

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Amazon, Flipkart sellers raided by ED across India amid money laundering allegations The Confederation of All India Traders (CAIT), representing over 8 crore retail traders,...
India’s equity capital markets raised a record $49.2 billion during the January-September period

Private equity investments in India surge 39% to $10.9 billion in 2024: LSEG report

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India continues to lead markets in the Asia-Pacific region for private equity activity Private equity investments in India reached $10.9 billion in the first nine...
The highest spending on quick commerce stood

Quick commerce soars 40% during T20 WC final: Report

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T20 World Cup final leads to 40% increase in quick commerce spending: Simpl report On Sunday, fintech startup Simpl reported a 40 percent increase in...
The IPO market seems very vibrant, following the bullish trend in the secondary market

Nifty midcap100 up 44% while Nifty smallcap100 surges 54%

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Nifty scales above the 21,500 mark while Sensex crosses 71,000 Domestic markets are ending the year 2023 on a buoyant note as the Nifty scales...

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