The recent guidelines by the Bureau of Indian Standards (BIS) to curb the menace of fake online reviews could increase costs for e-commerce platforms however small they may be, according to a report in The Economic Times.

The report, citing experts, said e-commerce platforms will have to invest in pulling resources to adhere to the new guidelines and this may result in higher costs for even small players.

The Centre may soon launch a production-linked incentive (PLI) scheme for the high-end components for electronic products like smartphones, servers and computers with an outlay of Rs 10,000-12,000 crore, a report in the Economic Times (ET) said.

The move, which may attract global giants like Apple to enhance production in the country, is being discussed to develop a complete ecosystem for electronic manufacturing in India.

Law Minister Kiren Rijiju on Monday took a sharp jibe at the opposition, saying that many years ago, it was discussed that whosoever becomes a judge should work for the government but the present government believes that judges should be committed to the nation.

He added that the opposition says that the government is trying to control the judiciary, but the government think judges should be committed to the nation and not to it.

The Noida Authority has issued a notice to real estate developer DLF to pay Rs 235 crore as compensation to the previous owner of the land on which the Mall of India has been built, a senior official said Monday.

The DLF, however, said it was yet to receive the communication.

Kinetic Engineering (KEL), the makers of the iconic Luna two-wheelers in the seventies, will soon start producing components for an electric version of the moped.

Pune-based Kinetic said in September that Luna would make a comeback in an electric avatar. The electric Luna, or E-Luna, will be launched by KEL’s sister company Kinetic Green Energy and Power Solutions.

Flexible workspace provider WeWork India on Monday said it has raised Rs 550 crore from funds managed by BPEA Credit, one of the largest private credit platforms in the country.

The company said it will use fresh funds for future growth and potential consolidation opportunities.

Realty firm Godrej Properties on Monday said it has purchased about 62 acres of land in Kurukshetra, Haryana to develop a plotted residential project.

In a regulatory filing, the company informed that this project will offer about 1.4 million square feet of plotted residential development.

A huge statue of former prime minister Atal Bihari Vajpayee will be installed and a research centre will be built as part his grand memorial in Gwalior, Madhya Pradesh Chief Minister Shivraj Singh Chouhan has said.

He was speaking on Sunday at the 'Gwalior Gaurav Diwas' function to mark the late leader's 98th birth anniversary.

Union Home Minister Amit Shah on Sunday noted that the BJP's massive victory in the recently concluded Gujarat Assembly polls will change the "entire political picture", while also confiding that it will have a "positive impact" on the 2024 Lok Sabha elections.

Citing the historic win of the BJP in 2022 in which the party bagged the most number of seats breaking its own and state's best record, Shah said that the results were a testimony of Gujarat being a "stronghold" of the party.

Private equity major Advent International will buy a "significant" stake in Suven Pharmaceuticals Ltd from its promoter Jasti family and consider merging it with a peer in its portfolio, the Indian drugmaker said on Monday.

Suven did not specify a deal value or the stake Advent would acquire but said the private equity firm would also make an additional open offer for around 26% of the outstanding equity shares held by public shareholders.

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