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AMAZON PENALTIES
CCPA fines Storia Foods, English Oven Rs 1 lakh each for misleading '100%' claims on food labelsTwo prominent food companies, Storia Foods and Mrs. Bectors Food Specialities, have been fined Rs 1 lakh each by the Central Consumer Prote...- Amazon may face penalties from potential FTC ad suit, Bloomberg News reportsThe FTC has a possible complaint against Amazon as part of an ongoing probe, Bloomberg reported, citing people familiar with the matter. ...
- Court rules EU must drop strict curbs on Facebook MarketplaceThe appeal before the EU's General Court in Luxembourg regarded the platforms' designation under the Digital Markets Act (DMA), one of seve...
- Australian watchdog sues Amazon unit over children's backpack safetyAccording to the Australian Competition and Consumer Commission (ACCC), the company is accused of supplying children's "Unicorn Toddler Bac...
- Netflix criticises German plan to make streamers invest more locallyNetflix and other streaming services on Thursday criticised a German plan requiring platforms to reinvest a share of locally generated reve...
- SC allows Amazon's appeal, sets aside order imposing Rs 202 crore penaltyThe Supreme Court has relieved Amazon by setting aside a Rs 202 crore penalty. The apex court also suspended the e-commerce giant's deal wi...
- Supreme Court says time-stamping of voting on VVPAT slips technical matter in Election Commission's domainThe Supreme Court has asked the Election Commission to decide on a plea seeking to add the precise time of voting to VVPAT slips. This meas...
- SC quashes CCI’s Rs 202 crore penalty on Amazon over Future Coupons dealThe Supreme Court has overturned a Rs 202-crore penalty imposed on Amazon by the Competition Commission of India. This penalty was related ...
- US stock market crashes today: Dow Jones, S&P 500, and Nasdaq fall hard as bond yields hit 19-year high - Nvidia, Broadcom, AMD, and Amazon lead massive Wall Street selloffUS stock market crashes today as Dow Jones, S&P 500 and Nasdaq plunge. The Dow Jones Industrial Average dropped more than 237 points, while...
- Trump’s more than 3,700 trades astonish Wall Street insiderPresident Trump's latest financial disclosures reveal over 3,700 trades totaling tens of millions of dollars in the first quarter. These tr...
- Quote of the day by Thomas Piketty: “Refusing to deal with numbers rarely serves the interests of the...” Lesson on money, rising inequality, and why numbers reveal the truth — The modern Marx and writer of Capital in the Twenty-First Century, explains why ignoring economic reality hurts ordinary people the mostQuote of the day: Thomas Piketty warns that ignoring economic data often harms poor and middle-class families the most. In today’s world of...
- RSU vs ESOP: Which is better for you as employee? Pros and cons explainedFrom vesting-day perquisite taxes to a 40% US estate levy that most Indian professionals never see coming, your employer’s stock is not the...
- Alphabet investors push for safeguards on use of its cloud, AI techInvestors are demanding answers from Alphabet regarding its technology and cloud services used by governments for surveillance. A group man...
- 'Sometimes, not getting job isn’t the loss': Candidate who waited all day for last-round interview walks away after CEO gets lateA software engineer candidate shared a frustrating walk-in recruitment experience marked by excessive waiting, poor communication, and a me...
- Inside AI-led digital storefronts; Lalit Keshre’s big ET Awards winHappy Monday! Digital platforms and brands are building their own AI storefronts. This and more in today’s ETtech Morning Dispatch.
- Swiggy rider drags food delivery box on road after being paid Rs 35 for 6.2 km trip. Video goes viralA Swiggy delivery partner allegedly dragged his food box after a 6.2 km trip for Rs 35, sparking online debate about gig worker pay. While ...
- RBI imposes Rs 3.06 crore penalty on Amazon Pay (India) for violation of normsThe central bank, however, added the penalty is based on deficiencies in regulatory compliance and not intended to pronounce upon the valid...
- France fines Amazon over contracts with third-party sellersIn a statement, the competition, consumer and anti-fraud office (DGCCRF) said it had already ordered the company to correct "a significant ...
- Amazon's plea challenging NCLAT order: SC notice to CCI, Future GroupThe Supreme Court on Monday issued notice on a plea by Amazon challenging the National Company Law Appellate Tribunal (NCLAT) order which u...
- Amazon moves SC against NCLAT upholding CCI order in Future group investment caseAmazon has also raised the issue of allowing trade body CAIT, which was a "stranger" to participate in the proceedings, which vitiated the ...
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