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FMCG distributors’ body asks Sebi to pause IPOs of loss-making quick-commerce firms

Fast-moving consumer goods distributors’ body AICPDF has urged the market regulator Sebi to pause the Initial Public Offerings (IPO) of loss-making quick-commerce companies. In a representation, the All India Consumer Products Distributors Federation (AICPDF) has urged Sebi “to consider immediate measures including a temporary pause on IPO approvals” for quick-commerce and closely related e-commerce companies…

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Apple distributors have a ‘warning’ for mobile phone stores in India: “If any device sold from your outlet is found to be…”

Apple‘s distributors have issued stern warnings to Indian mobile phone retailers and stores, threatening hefty penalties if newly sold iPhones—especially the iPhone 17 series—are activated with foreign SIM cards within 90 days of purchase, according to MoneyControl.“If any device sold from your outlet is found to be activated or used with a foreign SIM within…

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