Apple Gets Big Shock In India, CCI Denies Request of Company to Stop Investigation

Difficulties may increase for American devices maker Apple in the country. The Competition Commission of India (CCI) has refused to stop the investigation against the company for violation of competition law. Apple is accused of misusing its dominant position in the market. Reuters report quoting CCI’s internal order states that Apple’s request to withhold the…

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Ola Electric Backets First Electric Two-WHEELER MAKER to get subsidy in pli scheme of government, will receive Rs 74 Crore, Bajaj Auto

Ola Electric has become the first electric two-wheeler maker to get subsidy under the Central Government’s production-linked incentive (PLI) scheme, one of the large electric two-wheeler companies. This scheme was launched to promote the localization of automotive technology in the country. Ola Electric has told the stock exchange in a filing that its subsidiary Ola…

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