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Companies News Today Live Updates on October 14, 2024: Amazon Retail fined ₹18,000 by consumer court, directs it to refund woman ₹40,000 for hacked phone

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Companies News Today Live Updates: Stay ahead of the curve with the latest insights from the corporate world through our company news coverage. This section provides a detailed look at significant events affecting industries and markets globally, including mergers, acquisitions, financial reports, and strategic shifts in leadership and operations. Whether you’re an investor, a business professional, or simply interested in the dynamics of various industries, our reports offer a deep dive into the developments that shape the economic landscape. From startups to established giants, we bring you the news that matters to help you make informed decisions in a rapidly changing business environment.

Disclaimer: This is an AI-generated live blog and has not been edited by LiveMint staff.

14 Oct 2024, 08:21:47 AM IST

Company News Today Live: Amazon Retail fined ₹18,000 by consumer court, directs it to refund woman ₹40,000 for hacked phone

  • The District Consumer Disputes Redressal Commission ordered Amazon to refund 40,325 to a woman for selling her a hacked phone, which led to unauthorized purchases and data breaches. Amazon was also fined 18,000 for mental distress and litigation costs.

Read the full story here

14 Oct 2024, 05:30:25 AM IST

Company Business News Today Live: Did WhatsApp’s policy tweak break the law?

  • CCI has concluded that WhatsApp’s sharing of users’ business transaction data with Meta gave the group entities unfair advantage over competing platforms. Business transaction information of users help social media platforms to profile customers and target advertisements, and marketing efforts.

Read the full story here

14 Oct 2024, 05:30:23 AM IST

Company News Today Live: Infosys resorted to this tried-and-tested hack to stem its top-level exodus: Promotions

  • Infosys has embarked on an unprecedented promotion spree, rewarding long-term executives amidst a turbulent landscape of top-level departures to competitors.

Read the full story here

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