Charge relates to misuse of dominant position to sell spare parts at high rates.
A surge in taxi fares earlier led Maharashtra govt to set up committee to recommend prices for these players
Batting maestro Sachin Tendulkar on Wednesday unveiled Raj Singh Dungarpur's portrait at the Cricket Club of India (CCI) in Mumbai and recalled his long association with the late cricket administrator.
The companies have postponed their open offer, too.
The partnership will also see the two parties cooperate on technology initiatives, including development of affordable smartphones.
The government on Wednesday said big cement companies owned by Birlas and Ambuja group have shown interest in buying the non-functional plants of Cement Corporation of India.
Thirteen-year-old Pranjala Yadlapalli caused a major upset, defeating third seed Snehadevi S Reddy, in an all-India girls' singles quarter-final at the CCI-ITF Juniors (under-18) tennis championship at the Cricket Club of India courts in Mumbai on Thursday.
Shares of Ranbaxy Lab and Sun Pharma on Tuesday gained as much as 4 per cent after the drug-makers got CCI's approval for their long-pending $4-billion merger.
Fair-trade regulator Competition Commission of India (CCI) on Thursday cleared the proposed merger of Credit Suisse Group AG with UBS Group AG. Both Credit Suisse Group AG (Credit Suisse) and UBS Group AG (UBS) are multinational investment banks and financial services companies founded and based in Switzerland.
As many as 230 persons, including ex-Finance Secretary Ashok Chawla, former Corporate Affairs Secretary R Bandyopadhyay and other senior bureaucrats and eminent economists have lined up for the two high profile jobs at the country's anti-monopoly watchdog, Competition Commission of India (CCI).
With international cricket returning to its fold after several years, the Cricket Club of India (CCI), in Mumbai, is all set to host the fourth ODI between India and West Indies on October 29.
CCI had imposed a penalty of Rs 630 crore on DLF in August 2011.
Defending champion and top seed Saurav Ghosal leads a strong men's field that includes second seed Siddharth Suchde who is ranked No. 73 in the world, No. 3 Harinderpal Sandhu, and Sandeep Jangra, Gaurav Nandrajog and current Asian junior champion Ravi Dixit.
The automotive business includes vehicle manufacturing plants of Ford India in Chennai and Sanand.
The CCI passed this judgment in two different cases relating to the e-auction scheme and fuel supply agreements which were filed last year.
Google on Tuesday began reinstating about 250 Indian apps it had delisted from its Play Store over a billing dispute as it caved in to government criticism, but the squabble may not yet be over.
The Appointments Committee of Cabinet has named Ravneet Kaur, a Punjab cadre IAS officer of 1988 batch, as chairperson of the Competition Commission of India (CCI). Kaur will hold the post for five years or until attaining the age of 65. She is the second woman to serve in an 'economic regulator' role after Madhabi Puri Buch, who was appointed chairperson of the Securities and Exchange Board of India last year and the first woman to head the country's chief national competition regulator.
Former Cricket Board President Raj Singh Dungarpur has been suspended from the Cricket Club of India for two years by the club's Executive Committee.
Such allegations are unjustified, given that the CCI's remedies do not promote a free-for-all scheme.
The spot airfares on major routes, where Vistara cancelled flights on Tuesday, have surged by up to 38 per cent, according to data provided by Cleartrip. The spot airfares for Tuesday were compared with March 5. Vistara has cancelled 52 flights on routes such as Delhi-Indore, Delhi-Srinagar, Mumbai-Kochi, and Bengaluru-Udaipur as a certain section of pilots went on sick leave, reportedly protesting against the new salary structure that was introduced as part of the airline's merger with Air India.
Locked in face-offs with two different regulatory agencies CCI and Sebi, realty major DLF's Chairman K P Singh on Monday suggested a provision in laws to sue regulators if their decisions get overturned at later stages.
Chinese e-commerce giant Alibaba has received anti-trust regulator CCI's approval for buying 4.14 per cent stake in Snapdeal.
Insurance sector regulator IRDAI has given conditional approval to Hinduja Group firm IndusInd International Holdings Ltd (IIHL) for the takeover of debt-ridden Reliance Capital. "We are happy to acknowledge the receipt of approval from IRDAI yesterday (May 10, 2024) on the auspicious occasion of Akshay Tritiya. "The approval is subject to certain 'regulatory, statutory, and judicial' clearances/compliances," an IIHL spokesperson said in a statement.
The two companies are hopeful of winning over at least one regulator's go-ahead this week itself for their deal, which happens to be the first FDI by a foreign airline into India.
The Competition Commission of India, the country's fair trade watchdog, which turned functional less than a year ago, busy these days.
Fair trade regulator CCI has approved private sector lender Ratnakar Bank' proposal to buy Royal Bank of Scotland's credit card business, mortgage portfolio and banking operation in the country, saying the deal will not have an adverse impact on competition.
The long-standing tussle between the Mumbai Cricket Association and Cricket Club of India, both affiliated units of the Board of Control for Cricket in India, came to the fore at last Sunday's Annual General Meeting of the Board following a suggestion to allot international matches directly to CCI.
The Competition Appellate Tribunal said the regulator relied on 'legally unsustainable' information downloaded from internet for nailing the BCCI.
The fair trade body's penalty on the internet giant should be a wake-up call for Indian companies that tend to be lackadaisical towards regulatory investigations.
Competition Commission has held on to its observation about Etihad gaining joint control in Jet Airways and "significant" rights to appoint directors with a 24% stake purchase, while rejecting a plea to "rectify" its order that approved the deal earlier this month.
The flight cancellations and delays of Vistara in the last few days were due to unfavourable weather, air traffic congestion and unforeseen aircraft maintenance, and cannot be solely attributed to pilot absenteeism, the airline said on Thursday. The airline's response comes after reports stated that some pilots had gone on sick leave to protest the new salary structure offered to them as part of Vistara's merger with Air India. "We confirm that we have had a few flight cancellations and unavoidable delays in the last few days.
Industry chamber Ficci has sought details from the government about the "actual progress" of the mega infrastructure projects cleared by Cabinet Committee on Investment.
The order followed complaints against DLF Gurgaon Home Developers.
In order to reduce government litigations, the Union Finance Minister Nirmala Sitharaman on Saturday said the GST Council has fixed a monetary limit for filing appeals by the tax department before the various appellate authorities. It has recommended a monetary limit of Rs 20 lakh for GST Appellate Tribunal, Rs 1 crore for the High Court and Rs 2 crore for the Supreme Court for filing of appeals by the department before these legal forums, she said after the 53rd GST Council meeting held in New Delhi.
Third seed N Sriram Balaji overcame early jitters to quell a spirited challenge from compatriot Ramkumar Ramanathan in his opening match at the CCI-ITF men's US $15,000 tournament 2012, at the CCI courts, in Mumbai, on Monday. The Chennai-based lad won 7-5, 6-4 in an hour and 50 minutes.
Paving way for closure of long-pending Jet-Etihad deal, fair trade regulator CCI on Tuesday approved the proposed acquisition of 24 per cent stake in the Naresh Goyal-led Indian carrier by Abu Dhabi-based airline.
Aviation regulators says airlines are free to fix fares.
High pilot utilisation, combined with a portion of pilots taking sick leave at the end of March has resulted in the cancellations during the last couple of days, chief executive officer (CEO) of Vistara, Vinod Kannan, said during a meeting with the pilots on Wednesday.
The Competition Commission of India will launch an investigation of Ericsson in regard to a patent dispute with Indian firm Micromax, Ericsson said.
The Rajasthan Cricket Association (RCA) Monday pulled down pictures of Pakistan players from its lobby, protesting against the terrorist attack in Pulwama.
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