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For the second or subsequent offence, it includes imprisonment for upto a year and a fine. Lawyers have, however, said that a minimalistic increase in rates over the MRP should do no harm to the buyer of the product.However, lawyers took a different view of the SC order and said that the buyer would not be inconvenienced if they have to pay a little more. “Some reasonable profit is all right, but it should not result in fleecing customers, which is seen regularly.

KA DODHIYA Published: Dec 16, 2017, 1:22 am IST Updated: Dec 16, 2017, 1:22 am IST Activists say service providers will charge arbitrary prices. Mumbai: Activists are viewing the recent Supreme Court (SC) judgment allowing hotels to charge over and above the maximum retail price (MRP) with trepidation, as they claim this would open the floodgates for all other service providers to sell products over and above the MRP.Lawyers have, however, said that a minimalistic increase in rates over the MRP should do no harm to the buyer of the product.“The MRP was introduced to curb profiteering and to ensure that all sellers have a uniform price.

Another lawyer said that the SC order while in favour of the retailers probably assumes that they will not resort to unjustified profiteering.But the recent Supreme Court judgment allows hotels and restaurants to charge over and above the MRP if they are offering services and facilities.It invites a fine upto Rs 25,000. Speaking about the SC order.

Dr Manohar Kamath of the erstwhile Consumer Guidance Society of India (CGSI), which provided free consultancy to consumers, said that the order was a huge setback for consumers, as it would give a free hand to the sellers to resort to exploitative tactics without any fear of being prosecuted. “Sellers of all packaged products under one pretext or the other claim that they are providing services and charge as per their will, and the law will not be able to do anything about it,” he said. However, now that the SC has permitted them to charge more than the MRP, in the name of other facilities and services, the غير مجاز مي باشدt of a bottle of mineral water will vary from one establishment to another," said Dr Kamath.SC order highlightThe Federation of Hotel and Restaurant Association of India had filed a special leave petition against the government&China Grommet Suppliers.

China’s leaders still prefer to view the Internet as a sovereign project.Alibaba’s Ma said innovation needed space to develop and it was not the government’s role to protect business.Google, Microsoft and Amazon showcased their AI wares at a state-backed forum held in Shanghai this week against the backdrop of Beijing’s plans to build a 400 billion AI industry by 2025.

“The development of AI is led by government and executed by companies,” a Chinese presenter said in between speeches on Monday by China’s top tech leaders, including Alibaba Holding Ltd chairman Jack Ma, Tencent Holdings Ltd chief Pony Ma and Baidu Inc CEO Robin Li.“As members of a global village, I hope countries can show inclusive understanding and respect for each other, deal with the double-sword technologies can bring, and embrace AI challenges together,” he told the forum.The World Artificial Intelligence Conference, which ends on Wednesday, is hosted by China’s top economic planning agency alongside its cyber and industry ministries. Censorship and local data rules have also hardened in China over the past two years, creating new hoops for foreign firms to jump through if they want to tap the booming internet sector.STATE-BACKED AIChinese attendees at the forum were careful to cite the guiding role of the state in the country’s AI sector. China’s ambition to be a world leader in AI has created an opening for US firms, which attract the majority of top global AI talents and are keen to tap into China’s vast data.. Liu He, China’s powerful vice premier and the key negotiator in trade talks with the United States, said his country wanted a more collaborative approach to AI technology.

Amazon and Microsoft announced plans on Monday to build new AI research labs in Shanghai.33rd Day Of Lockdown Total Cases 26,283 China wholesale Rubber Products Google, Microsoft and Amazon showcased their AI wares at a state-backed forum held in Shanghai this week. Google also showcased a growing suite of China-focused AI tools at its packed event on September 18.The presence of global AI research projects is also a boon for China, which aims to become a global technology leader in the next decade. Google in the past year has launched AI-backed products including a translate app and a drawing game, its first new consumer products in China since its search engine was largely blocked in 2010. China’s government and companies may compete against US rivals in the global AI race, but they are aware that gaining ground won’t be easy without a certain amount of collaboration.“Hey Google, let’s make humanity great again,” Tang Xiao’ou.

CEO of Chinese AI and facial recognition unicorn Sense time, said in a speech on September 17. “The government needs to do what the government should do, and companies need to do what they should do,” he said. The conference aims to show the country’s growing might as a global AI player.While China may have enthusiasm for foreign AI projects, there is little indication that building up local AI operations will open doors for foreign firms in other areas.Nevertheless, some speakers paid tribute to foreign AI products, including Xiaomi Corp chief executive Lei Jun, who hailed Google’s Alpha Go board game program as a major milestone, saying he was a fan of the game himself. Google’s search engine remains blocked, while Amazon had to step back from its cloud business in China.Beijing took an aggressive stance when it laid out its AI roadmap last year, urging companies, the government and military to give China a “competitive edge” over its rivals. (Representational image/ Pixabay image) US technology giants, facing tighter content rules in China and the threat of a trade war, are targeting an easier way into the world’s second-largest economy - artificial intelligence

India and Iran have expressed commitment for early completion and operationalisation of Chabahar Port besides strengthening bilateral ties. “Later, Gadkari met Abbas Akhoundi, the Iranian Minister for Roads and Urban Development, and conveyed to him the latest update on procurement of equipment for the two terminals - multipurpose and container - that are covered under Chabahar Port Agreement,” the statement said. Nitin Gadkari conveyed India’s readiness to aid Iran in taking up operations in Chabahar Port during the interim period.Road Transport, Highways and Shipping Minister Nitin Gadkari was on a two-day visit to Tehran on August 5 and 6 to represent India at the inauguration and oath taking ceremony of Hassan Rouhani as the President of Iran for a second term where he also held discussions with Iranian officials on wide ranging issues including Chabahar Port and proposed rail link between Chabahar and Zahedan.He requested the Iranian side for an early submission of loan application for Chabahar Port Development to Exim Bank of India so that the contract agreement between the two countries can be activated.

“He said, Iran and India should jointly organise China auto rubber Suppliers a workshop at Chabahar for this purpose at an early date.The Iranian side earlier had requested India to provide up to 150 million dollar credit and had made it a condition for activation of the Chabahar Port contract. Gadkari also emphasized the need to develop rail connectivity from Chabahar to Zahedan, and said that the MoU with India in this regard may be extended,” it said.

While India and Afghanistan have signed the agreement, Iran is yet to do the same.The Iranian side assured that the application shall be presented to Exim Bank of India early."In the meetings, both sides positively assessed the progress in implementation of the decisions taken during the Indian Prime Minister’s visit to Iran last year, including the progress of Chabahar Port. The application for loan to Exim Bank of India is still awaited.The Foreign Investment Promotion and Protection Act (FIPPA) application was also presented by the MD, IPGL to the Iranian authorities in the presence of Gadkari and Akhoundi.He also requested Akhoundi that in the interest of supporting operations of Chabahar Port, the Iranian side should consider waiving the condition of submission of loan application as it was taking time.The statement also said he has conveyed India’s readiness to aid Iran in taking up operations in Chabahar Port during the interim period between the actual activation of contract.

India has opened an office of IPGL in Tehran. The Iranian side earlier had requested India to provide up to 150 million dollar credit and had made it a condition for activation of the Chabahar Port contract. Both sides reiterated their commitment to complete and operationalise the port at the earliest," Ministry of Shipping said in a statement on Monday.The issue of ratification of the trilateral Transit Agreement between India, Iran and Afghanistan was also discussed.The statement said in his meeting with Akhoundi, Gadkari stressed upon the need for marketing of the Chabahar Port to attract cargo.Besides meeting Rouhani, Gadkari also called on the first Vice President E Jahangiri and highlighted the issue of activation of contract of Chabahar Port development and conveyed to him that India Ports Global Limited (IPGL) has finalised procurement of critical equipment such as Rail Mounted Gantry Crane and is close to finalising orders relating to Rubber Tyre Mobile Crane, MT Container Handlers, Truck and Tractor Trailers Containers and related equipment