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Amazon-Future Coupons Deal: NCLAT Issues Notice To Future group, CCI; Demands Response In 10 Days

Gunjan ChaudharyJanuary 13, 20220

An important hearing took place on Thursday in the Amazon-Future case. The National Company Law Appellate Tribunal (NCLAT) issued notices to the Competition Commission of India (CCI) and Future Coupons Private Limited (FCPL) to file their reply within 10 days. The notice was issued in light of a hearing a plea filed by e-commerce giant Amazon, challenging the recent order of CCI that suspended its deal with FCPL. The fair trade regulator suspended the approval given to the more than two year old deal with Future Group's company FCPL. The bench comprising Justices V P Singh and M Venugopal asked CCI and FCPL to respond within the next ten days and asked Amazon to file a rejoinder over it. The bench will now hear the matter on February 2. The decision to put a stay on Rs 20...

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Things Cosmetic Startups Must Know Before Making Their First Move

Pooja YadavJanuary 12, 20220

It becomes a complicated task to market one's new startup. But an entrepreneur must know the art of converting an adverse situation into a profitable one. In a wider market for cosmetics, brands like Lakme and L'Oréal are well-established and startups must consider adopting their organisational techniques. Here are some ideas which can help to market new cosmetic startups. Start Targeting Small And Medium Retailers Retailers are those who have closer contact with consumers which even a company cannot develop. Retailer shops in the locality, society can help your company to establish a base for your products. People who trust the retailer can indirectly approach you. Look For Online Sales With the pandemic marring sector, e-commerce has provided enough opportunity ...