CONSUMER ISSUES


A Mumbai retailers' organisation on Thursday ordered all members to immediately stop stocking or selling Maggi noodles till the air over its safety aspects is cleared.   "We have directed all our 25,000 provision stores to stop stocking and selling Maggi till the results of the...

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TruthInAdvertising.org 04 June 2015
One of the phrases behind Coke's new so-called supermilk may not mean what you think   Can Coke make milk attractive enough to convince consumers to pay nearly double the price of a regular carton and leave the competition cow-ering?    That’s the bet the company is making...

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Moneylife Digital Team 03 June 2015
The Residex of National Housing Bank, which tracks residential property prices across 26 cities, reveals that property prices have not appreciated as much over the past seven years     Of the 26 cities tracked by the National Housing Bank’s RESIDEX, an index, which tracks...

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With consumers wary of Maggi noodles, the sale of this popular snack which has been a part of the Indian palette for over 25 years, has taken a hit with chains like Big Bazaar removing it from their shelves.   While Nestle continued to maintain that its product was "safe" for...

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Cash management and payments solutions company CMS Info Systems has signed a deal with the Department of Post (DoP) to personalize over 15 million debit cards for India Post savings account holders, it was announced on Wednesday.   "The deal, valued at Rs.30 crore, is estimated to be...

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What was meant as a quick, effective redressal system for consumers is now a slow, grinding machinery   After great efforts by several active Indian citizens, the country got the Consumer Protection Act, 1986 (the Act), promising quick, cheap and effective system for redressing...

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State-run BSNL has decided to offer free incoming calls to its mobile customers from June 15, Communications and IT Minister Ravi Shankar Prasad said on Tuesday.   Prasad made the announcement at a press conference here.   BSNL, in a statement, said: "BSNL has decided to offer...

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A flat buyer will get Rs.52 lakh as cost from a builder in Kochi, Kerala, for not handing over on schedule the possession of a flat that the man had booked and had paid Rs.71 lakh as its price.   The decks were cleared for Jayan to get Rs.52 lakh as the Supreme Court's vacation bench...

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Police Commissioner Navdeep Singh Virk said that the flaw came to light following the arrest of an IGI Airport ticket booking attendant for fraud   The Gurgaon police on Wednesday said there were loopholes in Air India's ticket service system at Delhi Airport, leading to people...

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Amid concerns over "dangerous levels" of some substances in the popular snack Maggi noodles, the Uttar Pradesh food safety body on Thursday said its manufacturer Nestle was asked to recall the said batch, while the company assured it followed strict norms.   Uttar Pradesh Deputy Food...

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Punjab on Thursday became the first state in the country to initiate criminal proceeding against companies marketing cigarettes online despite a ban on it.   Health Minister Surjit Kumar Jayani sought people's cooperation with the police in registering first information reports (FIRs)...

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With enquiries for residential property rising, builders hope the market would recover in the coming months, though many of them are wooing potential customers by offering discounts, freebies, waivers and attractive schemes to book orders   Contrary to speculation among buyers and...

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The schemes relate to the insurance and pension sector and are intended at widening the process of financial inclusion   Prime Minister Narendra Modi on Saturday launched three ambitious social security schemes, relating to the insurance and pension sector and intended at widening the...

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There are many middlemen who meticulously study bank rules, to take advantage of the ignorance of depositors. How to stay clear of them?   You would have read the report last week that Reserve Bank of India (RBI) has slapped a penalty of Rs1.5 crore each on Bank of Maharashtra, Dena...

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Even though many overage motor vehicles are in good condition, they must be phased out   Consider this: Should vehicles over a particular age be scrapped? Should they be permitted to operate in urban areas already suffering from massive air pollution and allied issues like heavy...

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Bharti Airtel on Monday said it has launched round-the-clock free voice calls to any network in the country for its broadband customers.   The company has launched two voice calling packs for its broadband customers, offering unlimited free voice calls to any number in India on any...

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Moneylife Digital Team 23 April 2015
Aishwarya Rai Bachchan's publicist clarified that the creative team for a brand created the final layout of the ad and the actor had nothing to do with it. Soon after, Kalyan Jewellers withdrew its controversial ad featuring the actor with a 'dark-skinned boy’   Following backlash...

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State-run oil and gas exploration companies have been exempted from sharing the subsidy on cooking gas for the current fiscal, a top official said on Tuesday.   "Government will fully meet subsidy burden of LPG in 2015-16," Petroleum Secretary Saurabh Chandra said at a roundtable on...

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Moneylife Digital Team 20 April 2015
The ‘tap-n-pay’ service by ICICI Bank offer users to make quick and safe payments like buying meal coupons at canteens with a tap of their mobile phone or the NFC tag   ICICI Bank, India’s largest private sector bank, has launched a contactless payment service 'tap and pay' that...

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Moneylife Digital Team 16 April 2015
Chennai police have confirmed the arrest of H&M’s ex-chairman V Ramachandran, CEO & MD GK Muralikrishna, and director Sai Yerra subsequent to our report   The Economic Offences Wing (EOW) of Tamil Nadu police has reportedly arrested three directors of Helios and Matheson Information...

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