News for 'Competition Commission of India'

PV Sindhu Describes 'Scary' Dubai Airport Experience Amid Gulf Crisis

PV Sindhu Describes 'Scary' Dubai Airport Experience Amid Gulf Crisis

Rediff.com1 Mar 2026

Two-time Olympic medallist PV Sindhu recounts a 'tense and scary' experience at Dubai International Airport after an explosion occurred nearby, amidst escalating tensions in the Gulf region.

'Koi mai ka laal...': FM's strong retort to Rahul's 'sold India' remark

'Koi mai ka laal...': FM's strong retort to Rahul's 'sold India' remark

Rediff.com11 Feb 2026

Finance Minister Nirmala Sitharaman launched a strong attack on Rahul Gandhi and the Congress party, accusing them of compromising India's interests on the world stage and selling out farmers and the poor during their time in power.

How India Is Rewriting Its FTA Playbook

How India Is Rewriting Its FTA Playbook

Rediff.com28 Jan 2026

India has been on an FTA-signing spree of late. Since 2021, it has signed eight trade agreements, three of which -- with the UK, Oman and New Zealand -- were finalised in 2025 alone.

'LIC sets sights on sustained 60% plus market share'

'LIC sets sights on sustained 60% plus market share'

Rediff.com26 Feb 2026

'LIC will reduce but not fully exit its stake in IDBI Bank, which remains an important bancassurance partner,' says LIC of India' MD and CEO R Doraiswamy.

Cooling hub Sri City gets a Carrier legacy stamp

Cooling hub Sri City gets a Carrier legacy stamp

Rediff.com18 Feb 2026

Sri City in Andhra Pradesh is dubbed the "Cooling City" of India, accounting for nearly 40 per cent of the air conditioners (ACs) manufactured in the country. On Tuesday, this industrial hub added one more feather to its cooling credentials. Carrier Air Conditioning and Refrigeration Ltd, the Indian arm of the oldest AC company in the world, Carrier Global, signed a deal to invest around ~1,000 crore for a new manufacturing unit at Sri City.

SteelMin signs MoUs worth Rs 11,887 crore with 55 companies

SteelMin signs MoUs worth Rs 11,887 crore with 55 companies

Rediff.com10 Feb 2026

The Ministry of Steel on Monday signed Memoranda of Understanding (MoUs) with 55 companies for 85 projects under the third round of the Production-Linked Incentive (PLI) scheme for specialty steel.

PV Sindhu recounts 'tense' Dubai airport ordeal after explosion

PV Sindhu recounts 'tense' Dubai airport ordeal after explosion

Rediff.com1 Mar 2026

Indian badminton star PV Sindhu and her coach were stranded at Dubai International Airport following an explosion near their location, triggered by escalating tensions in the Gulf region.

'India Should Not Rush To Celebrate Trump's Trade Announcement'

'India Should Not Rush To Celebrate Trump's Trade Announcement'

Rediff.com3 Feb 2026

'Trump says India will buy over $500 billion of US goods.' 'At present, India's annual imports of goods and energy from the US are under $50 billion.' 'Reaching $500 billion would likely require more than 20 years, suggesting the figure refers to a long-term aspiration rather than a near-term commitment.'

Fine must be limited to jurisdiction where product is made: Apple to HC

Fine must be limited to jurisdiction where product is made: Apple to HC

Rediff.com2 Dec 2025

The Delhi high court on Monday sought responses from the Centre and the Competition Commission of India (CCI) on Apple Inc's plea challenging recent amendments to the Competition Act that allow penalties to be based on a company's global turnover.

India, EU free trade deal to likely conclude on Jan 27

India, EU free trade deal to likely conclude on Jan 27

Rediff.com25 Jan 2026

India and the European Union are set to announce on January 27 the conclusion of negotiations and finalisation of a free trade agreement, which is aimed at boosting economic ties between the two regions amid disruptions in global trade due to US tariffs, an official said.

Global turnover penalty on Apple could cost $38bn

Global turnover penalty on Apple could cost $38bn

Rediff.com27 Nov 2025

iPhone maker tells Delhi HC the antitrust watchdog has no jurisdiction to consider its global turnover.

Murmu's 'upset' remark sparks spat with Mamata; Modi jumps in

Murmu's 'upset' remark sparks spat with Mamata; Modi jumps in

Rediff.com7 Mar 2026

West Bengal Chief Minister Mamata Banerjee escalates tensions ahead of assembly polls by accusing President Droupadi Murmu of political bias and criticising her stance on tribal welfare, sparking a major controversy.

WhatsApp can't play with citizens' privacy rights: SC

WhatsApp can't play with citizens' privacy rights: SC

Rediff.com3 Feb 2026

The court is hearing appeals against a CCI order imposing a penalty on Meta and WhatsApp.

BCCI backs ICC stance on sportsmanship over Pak boycott

BCCI backs ICC stance on sportsmanship over Pak boycott

Rediff.com2 Feb 2026

BCCI vice president Rajeev Shukla said that the BCCI completely agrees with the ICC and the Indian cricket board won't make any comments on the boycott until we speak with the ICC.

A long-game Budget

A long-game Budget

Rediff.com2 Feb 2026

The Union Budget for 2026-27, presented by Finance Minister (FM) Nirmala Sitharaman on Sunday, which was a first, had an excellent domestic macro backdrop. According to the first advance estimates, gross domestic product (GDP) in constant prices is projected to grow 7.4 per cent in the current financial year, against 6.5 per cent in 2024-25.

'Competition in India is Absolutely Fierce': Uber GM

'Competition in India is Absolutely Fierce': Uber GM

Rediff.com17 Jul 2025

'Unless we consistently show up with the right cars, at the right time, priced fairly, we risk becoming irrelevant very quickly.'

IndiGo crisis: DGCA grills CEO for 2nd day; sacks 4 flight ops inspectors

IndiGo crisis: DGCA grills CEO for 2nd day; sacks 4 flight ops inspectors

Rediff.com13 Dec 2025

Aviation regulator DGCA intensifies scrutiny of IndiGo following widespread flight cancellations. The airline will offer travel vouchers to affected passengers.

National Sports Governance Act Rolled Out

National Sports Governance Act Rolled Out

Rediff.com12 Jan 2026

Sports Governance Act: Tier System for Athletes, Convicted Ineligible

'Dhurandhar Devendra' posters appear in Mumbai after BMC results

'Dhurandhar Devendra' posters appear in Mumbai after BMC results

Rediff.com17 Jan 2026

Large hoardings praising Fadnavis' leadership appeared across the city, reflecting a celebratory mood within the BJP camp following its strong performance in the country's richest civic body.

Five Risks For The Indian Economy

Five Risks For The Indian Economy

Rediff.com22 Jan 2026

India has managed high government debt-to-GDP, a slowing domestic revenue engine, lower household savings and a more hostile geopolitical environment separately in the past. But together, they threaten to undo the growth narrative on which today's optimism rests, warns Debashis Basu.

Why YouTube Is Investing In India

Why YouTube Is Investing In India

Rediff.com30 Dec 2025

'As a nation, we create beautiful content and a high volume of it (films) but we are limited by the number of theatres and screen density.' 'You now have a living-room large screen available to showcase that.'

Texas governor orders freeze on new H-1B visas; Indians likely to be hit

Texas governor orders freeze on new H-1B visas; Indians likely to be hit

Rediff.com28 Jan 2026

Texas Governor Greg Abbott has directed state agencies and public universities to suspend new H-1B visa petitions through May 2027, a move likely to affect Indian professionals. The order comes amid ongoing debate over skilled immigration and potential impacts on academic research and innovation.

Bangladesh gears up for polls amidst political turmoil

Bangladesh gears up for polls amidst political turmoil

Rediff.com31 Jan 2026

Bangladesh is preparing for elections and a referendum on reforms, but the absence of the Awami League and rising political tensions are raising concerns about the legitimacy and stability of the process.

ED offers Flipkart to close FEMA violation case by paying penalty

ED offers Flipkart to close FEMA violation case by paying penalty

Rediff.com12 Oct 2025

The Enforcement Directorate (ED) is learnt to have offered the option of closing a FEMA violation case against e-commerce major Flipkart if the Walmart group firm admits its mistake and pays a penalty, sources aware of the development said.

When One Airline -- Indigo -- Rules the Air

When One Airline -- Indigo -- Rules the Air

Rediff.com15 Dec 2025

India's duopoly in the domestic skies -- where IndiGo and Air India collectively control over 90 per cent of the market -- is highly skewed, leaving very little room for new players

Why Govt Is In No Hurry On Digital Competition Bill

Why Govt Is In No Hurry On Digital Competition Bill

Rediff.com17 Mar 2025

'Indian players in the digital market should not be dominated by global players, and they should not dominate the smaller players -- these discussions are on.'

Goa students paraded in underwear in '3rd Degree' competition

Goa students paraded in underwear in '3rd Degree' competition

Rediff.com11 Jul 2025

"During a competition called 'Third Degree', the jury asked the participants to strip to their underwear," a senior official said.

Competition regulator slaps Rs 213 cr penalty on Meta

Competition regulator slaps Rs 213 cr penalty on Meta

Rediff.com18 Nov 2024

The Competition Commission of India (CCI) on Monday imposed a penalty of Rs 213.14 crore on social media major Meta for unfair business ways with respect to WhatsApp privacy policy update done in 2021. Besides, the competition watchdog has directed Meta to cease and desist from anti-competitive practices.

Life insurers may face VNB margin squeeze

Life insurers may face VNB margin squeeze

Rediff.com20 Jan 2026

The loss of input tax credit (ITC) following the rationalisation of the goods and services tax (GST) on individual life and health insurance from 18 per cent to nil is may weigh on the profits of life insurers in the third quarter (Q3) of 2025-26 (FY26).

This Blind Army Officer Is An Inspiration For India

This Blind Army Officer Is An Inspiration For India

Rediff.com11 Dec 2025

Lieutenant Colonel C Dwarakesh is the only completely blind officer to continue in the Indian Army after losing his eyesight while in service. In his remarkable journey after disability, he enhanced his education qualification, scaled the Siachen Glacier and found purpose in sport.

Loan growth, margins set to improve for banks in Q3

Loan growth, margins set to improve for banks in Q3

Rediff.com8 Jan 2026

The banking sector could see better loan growth in the third quarter of financial year 2026 (Q3FY26) with improved net interest margins (NIMs), though the full impact of latest rate cuts will be largely felt in the fourth quarter. There may be lower slippage in unsecured loans and microfinance institutions (MFIs) along with steady recovery trends, which should lower credit cost.

Strong therapies, JB to lift Torrent Pharma

Strong therapies, JB to lift Torrent Pharma

Rediff.com18 Nov 2025

A strong performance in the July-September quarter of 2025-26 (FY26) and expectations of growth from launches and acquisition-led synergies led to a 6.65 per cent jump in the share price of Torrent Pharmaceuticals.

CCI probe finds Zomato, Swiggy violating competition norms

CCI probe finds Zomato, Swiggy violating competition norms

Rediff.com9 Nov 2024

A Competition Commission probe has found that food delivery platforms Zomato and Swiggy indulged in unfair business practices, including alleged preferential treatment to some restaurant partners, according to sources. The detailed investigation was ordered by the Competition Commission of India (CCI) in April 2022 and the probe report was submitted to the regulator earlier this year. Under the norms, CCI director general's report has been shared with the parties concerned and later, they will be called for hearings by the watchdog.

What Amazon Can Learn From Meesho

What Amazon Can Learn From Meesho

Rediff.com19 Dec 2025

'The Indian consumer is moving so quickly and they have so many options.'

77th Republic Day parade to witness many firsts

77th Republic Day parade to witness many firsts

Rediff.com17 Jan 2026

The upcoming Republic Day Parade will center around the sesquicentenary of 'Vande Mataram,' featuring themed decorations, performances, and special guests.

India's NCDEX eyes 20% stake in Sri Lanka's first commodity exchange

India's NCDEX eyes 20% stake in Sri Lanka's first commodity exchange

Rediff.com17 Nov 2025

India's leading agriculture commodity exchange, the National Commodity & Derivatives Exchange (NCDEX), has decided to acquire around a 20 per cent stake in a new commodities and financial derivatives exchange being set up in Sri Lanka, subject to regulatory and governmental approvals. The move aims to deepen NCDEX's footprint in the financial ecosystem of its neighbouring country.

Higher prices, demerger to boost margins, unlock value for Vedanta

Higher prices, demerger to boost margins, unlock value for Vedanta

Rediff.com27 Dec 2025

Vedanta, a conglomerate in mining and metals, has seen a surge in its share price on the back of multiple triggers. Its demerger appears to be on track, a strong non-ferrous commodity cycle is boosting margins, and silver bulls are interested in Hindustan Zinc, its subsidiary.

From fear to footfalls: Kashmir tourism's slow return after Pahalgam

From fear to footfalls: Kashmir tourism's slow return after Pahalgam

Rediff.com28 Dec 2025

The Pahalgam attack in Jammu and Kashmir impacted tourism, but recovery efforts are underway with government initiatives and events to promote the region and boost MICE tourism.

SBI sells 13.18% Yes Bank pie for Rs 8,889 cr

SBI sells 13.18% Yes Bank pie for Rs 8,889 cr

Rediff.com17 Sep 2025

The country's largest lender State Bank of India on Wednesday announced the completion of the divestment of about 13.18 per cent stake in Yes Bank to Sumitomo Mitsui Banking Corporation of Japan for Rs 8,888.97 crore. State Bank of India (SBI) has received Rs 8,888.97 crore from the acquirer Sumitomo Mitsui Banking Corporation (SMBC), a Japanese multinational financial services company belonging to the Sumitomo Mitsui Financial Group (SMFG), the bank said in a regulatory filing.

Cabinet OKs Private Entry into Nuclear Power

Cabinet OKs Private Entry into Nuclear Power

Rediff.com13 Dec 2025

The Bill is likely to pave the way for amending two existing legislations -- the Atomic Energy Act 1962, and the Civil Liability for Nuclear Damage Act 2010.