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Moneycontrol13-01-2026, 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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