India’s antitrust watchdog investigated food delivery companies Zomato and Swiggy. The investigation found that both companies engaged in anti-competitive practices. Zomato offered lower commissions to restaurants that signed exclusivity agreements. Swiggy promised growth to restaurants that listed exclusively on its platform. The Competition Commission of India will now review the findings and issue a final decision.
High food inflation in India is driven by volatile tomato, onion, and potato prices due to short crop cycles, storage issues, and extreme weather. An […]
India’s aviation regulator, the DGCA, issued a show-cause notice to Akasa Air for alleged lapses in its operations manual and non-compliance with safety regulations. This […]
Godrej Properties acquired six land parcels in Q2 to develop housing projects worth Rs 9,650 crore, driven by strong demand. With these acquisitions, the firm […]
