Govt to Quick Commerce: Drop '10-Minute' Promise; TN Signs Rs 10,000 Cr AI Park Deal

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Moneycontrol•13-01-2026, 20:21
Govt to Quick Commerce: Drop '10-Minute' Promise; TN Signs Rs 10,000 Cr AI Park Deal
- •Government urges quick commerce apps to discontinue the '10-minute delivery' promise due to safety concerns for delivery personnel.
- •The article highlights how intense price wars are negatively impacting brand value and profitability across various sectors.
- •Tamil Nadu government inks a significant Rs 10,000 crore pact with Sarvam AI to establish a Sovereign AI Park.
- •The new AI Park project in Tamil Nadu is expected to generate 1,000 new jobs, boosting local employment and technological advancement.
Why It Matters: Government intervenes in quick commerce, price wars hurt brands, and Tamil Nadu invests heavily in AI.
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