The Competition Commission of India (CCI) has approved the Samara Capital-Amazon joint bid to acquire Aditya Birla Group‘s supermarket chain More. However, the fair trade watchdog has done due diligence of the deal only from the point of impact on competition, and it’s for the Samara-Amazon JV Witzig to ensure that the deal is in […]
Hotels in Sikkim boycott GoIbibo and Make My Trip
The on-going dispute between hotels across the country and Online Travel Aggregators (OTAs) – GoIbibo and Make My Trip (Go-MMT) has further escalated with hotels in Sikkim declaring an immediate boycott of Go-MMT. The Sikkim Hotels & Restaurants Association (SHRA) recently convened a hoteliers’ meeting in Gangtok during which it was unanimously agreed to not […]
Facebook brings stricter ads rules to India ahead of general election
Facebook plans to extend some of its political advertising rules and tools for curbing election interference to India, Nigeria, Ukraine and the European Union before significant votes in the next few months, the social networking giant told Reuters. As the largest social media service in nearly every big country, Facebook has become a means for […]
Netflix, Hotstar and others sign a self-regulatory code of Best Practices
Online Curated Content Providers (OCCPs) including Hotstar, Voot, Zee5, Arre, SonyLIV, ALT Balaji, Netflix and Eros Now have signed a self-regulatory Code of Best Practices. ET first reported that the self-regulation would stop them from showing content that’s banned by Indian courts, disrespects the national emblem and flag, outrages religious sentiments, promotes terrorism or violence […]
Netflix, Hotstar and others sign a self-censorship code
Online video platforms like Netflix, Hotstar, Jio, Voot, Zee5, Arre, SonyLIV, ALT Balaji and Eros Now have signed a self-censorship code that prohibits these video platforms from showing certain kinds of content and sets up a redressal mechanism for customer complaints. ET was the first to report on the plan on September 4 last year. […]
PhonePe claim to have crossed 10 lakh merchants
Digital payments major PhonePe said that it has crossed more than 10 lakh offline merchants within a year of betting majorly in the space, mostly by installing payment acceptance across small and mid sized retail stores. PhonePe enables merchants to accept payments across UPI, cards and all forms of wallets. “PhonePe’s QR solution allows merchants […]
Internet Freedom Foundation urges online video platforms to rethink self censorship
Internet Freedom Foundation urged online video platforms to rethink the proposed self-censorship norms for video streaming platforms, saying that TV style self-censorship system would tremendously hurt consumer choice and freedom of speech. In a letter to industry body IAMAI, Internet Freedom Foundation said the self-regulatory mechanism is bad for online streaming platforms, producers, artists and […]
Survey Says Despite Security Concerns, Enterprise Cloud Adoption Still To Grow in 2019
News Survey Says Despite Security Concerns, Enterprise Cloud Adoption Still To Grow in 2019 By Wendy A Hernandez 01/17/2019 Microsoft technology partner NetEnrich Inc., which specializes in the deployment, migration and management of application workloads on Microsoft Azure, announced the results of its 2019 Cloud Adoption survey, which show that cloud adoption is not only […]
WeWork defends disclosures after report on CEO lease deals
By Molly Schuetz and Shahien Nasiripour WeWork Cos. defended its process for reviewing related-party transactions after a report said the real estate startup’s chief executive leased multiple properties to the company after he bought them. The Wall Street Journal reported Wednesday that Chief Executive Officer Adam Neumann has made millions of dollars by leasing multiple […]
CAIT favours FDI policy for ecomm covering domestic companies too
The foreign direct investment (FDI) rules for e-commerce companies should be applicable to domestic online players also, to restrict them from adopting any unethical business practices, said the Confederation of All India Traders (CAIT). “The restrictions imposed in FDI policy in e-commerce should also be made applicable to domestic ecommerce players to ensure a level […]