The recently set up Central Consumer Protection Authority (CCPA) will send show cause notices to taxi aggregators on the complaints of not refunding the overcharged amount even after accepting their mistakes and adding the refund amount to wallets or issuing coupons rather than paying back the amount to the customer.
Remote learning and working has upturned the computer market during the coronavirus pandemic, zapping sales of smartphones while boosting interest in bigger devices, which had become afterthoughts to iPhones and Androids over the last decade.
IT Ministry at work on a fresh budget proposal, Cabinet note soon, a senior official said.
The startup, backed by MSME lender Capital India Finance, has attracted most of the funds in its latest round from investors with a non-finance background.
RBI has cautioned public against dealing with unauthorised mobile apps and financial technology firms (fintechs) and not to fall prey to their "unscrupulous" activities.
Myntra clocked a 57.8% rise in its net total income to Rs 1,718.5 crore for FY20, as against Rs 1,088.8 crore for the financial year ended March 2019.
