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    CONSUMER PROTECTION ACT

    Ola fined Rs 10 lakh for seeking extra payments before rides are confirmed

    The Central Consumer Protection Authority has penalized ANI Technologies for its misleading payment practices on Ola. The regulator noted that soliciting add-on payments misleads consumers and constitutes an unfair trade practice. This feature suggested that paying extra could expedite ride allocation, despite evidence depicting the opposite. Ola has been ordered to cease this practice immediately and ensure compliance with consumer protection laws.

    Ola passengers asked to pay tips to get faster rides, but data shows extra payments didn't improve confirmation chances; company ordered to pay Rs 10 lakh fine

    Central Consumer Protection Authority has fined Ola's parent company ANI Technologies Rs 10 lakh for soliciting advance tips and add-on payments before cab confirmation. The regulator found that Ola's own data showed lower driver acceptance rates for rides with add-ons and ordered the company to discontinue the prompts.

    MeitY examines data collection by home services platforms for physical AI training

    The consultation comes amid growing interest among AI and robotics developers in first-person video and sensor data, which can help train machines to understand and replicate human actions in real-world environments. Such recordings capture how people perform routine activities, providing training inputs for robots designed to undertake physical tasks.

    Page Industries shares crash over 13% after Q2 results, FEMA non-compliance disclosure

    Page Industries shares fell sharply on Thursday after the company disclosed FEMA non-compliance involving online sales of imported Jockey and Speedo products. The stock's decline came despite an 11.5% rise in Q2 FY27 revenue and a 4% increase in profit. The company also declared an interim dividend of Rs 150 per share.

    Gym closes 15 minutes earlier than advertised time, Punjab man quits six-month membership within two months; consumer court orders gym to refund and pay Rs 6,500

    An Amritsar man paid Rs 5,760 for a six-month gym membership but left within two months, alleging that they closed earlier than advertised time and problems with facilities, including the steam bath. The district consumer commission ordered the gym to refund Rs 3,500 with 6% interest, pay Rs 2,000 compensation and Rs 1,000 litigation costs.

    EU threatens significant fines for unfair online trade practices

    The European Commission is proposing a new Digital Fairness Act aimed at enhancing consumer rights. This legislation will impose fines on companies engaging in unfair practices such as deceptive advertising targeted at children. It seeks to ban dark patterns and other misleading digital strategies that cost consumers significantly. Companies will need to comply with these new rules to avoid substantial penalties.

    The Economic Times
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