MYSURU: Borrowers are worried as micro-financing firms, private banks and some primary co-operative societies have stepped up pressure for recovery of loans, going against the spirit of Reserve Bank of India’s moratorium relief. With the lockdown norms relaxed, their agents have entered the villages knocking at the doors of the borrowers asking them to pay the weekly instalment. A few …

India’s competition regulator is examining allegations that Tata Motors and two finance firms of its $100 billion parent group abused their market position while selling commercial vehicles, according to three sources and legal documents seen by Reuters. The Competition Commission of India (CCI) is reviewing a complaint which alleges the country’s biggest seller of trucks dictated terms around the quantity and type …

Defense Secretary James Mattis says he sees a growing role for the technology industry in defending the United States. The comments suggest a potential untapped market for Amazon and Google, whose hometowns Mattis visited this week on a West Coast swing, and other large companies like Apple, Facebook and Microsoft. Like the leaders of these tech companies, Mattis is focused on acquiring more expertise in artificial intelligence. …

The UK government’s lack of support for start-ups attending the CES tech show is a “source of embarrassment”, according to the event’s organiser. Gary Shapiro compared the country unfavourably with France, the Netherlands and Israel. The head of one British firm at the Las Vegas event said the criticism was well-founded. But the UK’s Department for International Trade said it …