November 22, 2024 23:24 (IST)
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Ola Electric shares slip 6% following CCPA's show cause notice over surging consumer complaints

Ola Electric shares slip 6% following CCPA's show cause notice over surging consumer complaints

Bengaluru/IBNS: Shares of Ola Electric Mobility dropped 6 percent on Tuesday (Oct. 8), hitting a day's low of Rs 85.21 on the BSE, after the Central Consumer Protection Authority (CCPA) issued a show-cause notice to the Bhavish Aggarwal-led EV company, raising concerns over the increasing number of consumer complaints.

CCPA fines Amazon Rs 1 lakh for selling sub-standard pressure cookers

CCPA fines Amazon Rs 1 lakh for selling sub-standard pressure cookers

New Delhi: In a suo moto action, the Central Consumer Protection Authority (CCPA) has fined Amazon's e-commerce platform Rs 1 lakh for selling sub-standard pressure cookers in violation of mandatory standards.

CCPA issued 24 notices for unfair trade practices against e-commerce firms

CCPA issued 24 notices for unfair trade practices against e-commerce firms

New Delhi: The CCPA has issued 24 notices for unfair trade practices against e-commerce companies and issued two safety notices to alert and make consumers cautious against buying household goods like pressure cookers, helmets, etc. that do not conform to the Bureau of Indian Standards, Union minister Ashwini Kumar Choubey told Lok Sabha in a written reply on Wednesday.