In the wake of recent allegations surrounding the presence of added sugars in infant cereal products, Nestle India has issued a statement defending the nutritional quality and safety of its offerings. Responding to accusations made by Public Eye, a Swiss investigative organization, Nestle India’s spokesperson emphasized the company’s unwavering dedication to providing high-quality nutrition to […]
Paytm is likely to partner with Axis Bank, HDFC Bank, State Bank of India and Yes Bank for processing transactions via the popular unified payments interface (UPI), news agency Reuters reported. The central bank has asked Paytm Payments Bank, the banking unit of Paytm to wind down its business by 15 March, leading to disruption […]
Multimedia short video streaming platform TikTok’s parent company ByteDance has agreed to invest USD 1.5 billion in a joint venture (JV) with Indonesia’s GoTo Group. With this deal, the Chinese company can restart its shopping app in its biggest online-retail market. Under the joint venture, TikTok Shop business will be combined with GoTo’s e-commerce unit […]
Tech major Apple has stated that if India is planning to follow the European Union (EU) rule that requires smartphones to have universal USB-C charging ports, then the country’s local production will be impacted adversely, as per a Reuters recent report. The EU rule mandates all smartphones to have universal charging ports in India by […]
FSSAI Simplifies Food Safety Rules: BIS, AGMARK Certifications No Longer Mandatory
The government has approved several revisions to food safety and standard legislation, requiring only one certification from the food regulator FSSAI for food goods. The Food Safety and Standards Authority of India (FSSAI) would release a draft notification in this respect and solicit feedback from stakeholders before finalising the amendments. If these revisions are approved, […]