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Thursday, July 22, 2021

CCI issues notice to Amazon; seeks explanation on FCL deal

Competition Commission has issued a show cause notice to Amazon seeking an explanation from the e-commerce major regarding a deal with a Future Group firm that was approved by the watchdog in 2019, according to sources.

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Industrial output grows 5.8% in FY24, slows a tad in March

Numbers released by the National Statistical Office on Friday showed the index of industrial production (IIP) rose an annual 4.9% in March, ...