Only one celebrity-owned brand turns profitable in India’s $21 billion beauty market, as actresses discover star power alone can’t guarantee success in competitive cosmetics industry.
Tag: Digital
Artificial Intelligence: A new frontier for competition regulation, says CCI chief
CCI Chairperson warns of AI’s potential to facilitate cartels, outlines strategies for transparent and accountable regulation.
CAIT writes to Piyush Goyal seeking action against q-comm firms
Traders’ body CAIT’s National President, BC Bhartia, has accused quick commerce platforms of misusing funds received through Foreign Direct Investment (FDI)
Financial transactions at Mahakumbh anticipated to be between Rs 2 lakh crore and Rs 3 lakh crore
State officials view the Mahakumbh as a cornerstone of their broader strategy to establish Uttar Pradesh as India’s premier destination for religious and cultural tourism.
E-comm FMCG market to hit $100-105 bn by FY2025; digital transformation reshapes landscape
The e-commerce FMCG market in India is expected to reach $100-105 billion by FY2025. Success will depend on balancing traditional operations with digital capabilities, keeping products affordable and accessible, and creating personalized customer experiences, says Marico’s MD and CEO, Saugata Gupta.
India’s digital payment surge drives growth in cashback and promo code adoption
Brands are finding that cashback and promo codes are more than just promotional tools; they are key drivers of customer engagement.
Delhi HC blocks AGF Finlease from using “PhonePey Loan” over trademark infringement concerns
The court also directed GoDaddy, the domain name registrar, to take down the “PhonePey Loan” website and ordered the removal of posts on social media platforms.
Union Minister Pralhad Joshi launches key initiatives for consumer protection; focus on virtual justice, ecomm safety
The Minister highlighted India’s growing e-commerce sector, with over 950 million users, and praised the Consumer Protection E-commerce Rules, 2020, aimed at safeguarding consumers in online marketplaces.
Google seeks to ease search agreements to avert tougher antitrust penalties
In response to a recent US court ruling declaring its search practices illegal, Google suggests measures to avoid drastic remedies like divesting its Chrome browser.
Japan’s antitrust regulator poised to conclude Google violated law in search case
Watchdog to issue cease-and-desist order over smartphone contracts restricting web search competition.