Mamaearth's parent company, Honasa Consumer, is facing allegations of unsold inventory burdening distributors with losses. Honasa refutes the claims, stating a significantly lower inventory value. The company is undergoing a restructuring process, transitioning to a direct distributor model, which has impacted its financial performance. Despite the challenges, Honasa remains committed to its strategy.
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X unblocks Reuters in India: Government steps in, says didn't request takedown
X, the social media platform, restored Reuters' official account in India after it was temporarily withheld due to a "legal demand." The Ministry of Electronics and Information Technology clarified that the Indian government had not requested the action. X explained that content is withheld based on valid legal requests, and they are working to resolve the issue. from Times of India https://ift.tt/7aZWERy via IFTTT
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