News for 'Competition Commission of India'

'GST 2.0 Great Opportunity For Insurance Biz To Make Products Affordable'

'GST 2.0 Great Opportunity For Insurance Biz To Make Products Affordable'

Rediff.com3 Nov 2025

'The government is putting insurance in the same category as food, which is essential for life.' 'Now this is an opportunity for the sector to focus on the consumer.'

Google settles Android TV case; pays Rs 20.24 cr to CCI

Google settles Android TV case; pays Rs 20.24 cr to CCI

Rediff.com21 Apr 2025

Google has settled with the Competition Commission of India (CCI) a case related to alleged unfair business practices in the Android TV segment and paid a settlement amount of Rs 20.24 crore to the regulator. This is the first case to be settled under the amended Competition Act, wherein settlement and commitment provisions were introduced in 2023.

Private Talent At PSU Banks Is Welcome, But...

Private Talent At PSU Banks Is Welcome, But...

Rediff.com22 Oct 2025

Opening up the corner office is fine, but will the government be able to attract talent without giving a market-rate salary?, asks Tamal Bandyopadhyay.

Dispute with Biyani-led Future group: Amazon awarded Rs 23.7 cr in damages

Dispute with Biyani-led Future group: Amazon awarded Rs 23.7 cr in damages

Rediff.com30 Jun 2025

The Singapore International Arbitration Centre (SIAC) has awarded Rs 23.7 crore in damages, besides arbitration and litigation costs, to Amazon in its long-running dispute with the Kishore Biyani-led Future Group. The three-member bench of the tribunal held that Future Group had breached the terms of its contract with Amazon by entering into a transaction with Reliance.

'India Can Convert Tariffs Into Win-Win Situation'

'India Can Convert Tariffs Into Win-Win Situation'

Rediff.com11 Aug 2025

'It's important for India to think about areas where it wants the US to move.' 'We can be far more innovative in what we ask the US.' 'Given that there's a package deal, why not do it?'

JSW Paints to buy Akzo Nobel India in Rs 8,986-crore deal

JSW Paints to buy Akzo Nobel India in Rs 8,986-crore deal

Rediff.com27 Jun 2025

JSW Paints, part of $23 billion JSW Group, on Friday said it will acquire majority controlling stake in Akzo Nobel India Ltd (ANIL), the maker of Dulux paints, for Rs 8,986 crore. It will acquire 74.76 per cent stake from its Dutch promoters/holding entities -- namely Imperial Chemical Industries and Akzo Nobel Coatings International BV -- for a consideration of Rs 8,986 crore, according to a statement from the JSW Group firm.

Why manufacturing sector's energy bills are at 20-year low

Why manufacturing sector's energy bills are at 20-year low

Rediff.com19 Sep 2025

High energy costs, long a drag on India's manufacturing competitiveness, are finally easing. Power and fuel expenses accounted for 1.98 per cent of net sales in 2024-25, the lowest level in data compiled by the Centre for Monitoring Indian Economy (CMIE) over the past two decades.

Analysts' thumbs-up for Maruti's first e-SUV

Analysts' thumbs-up for Maruti's first e-SUV

Rediff.com2 Sep 2025

Maruti Suzuki's e-Vitara marks its high-stakes EV debut with strong export ambitions, lifting its stock even as analysts caution over pricing and fierce competition.

Entrance Exams Destroy Talent: Agree?

Entrance Exams Destroy Talent: Agree?

Rediff.com25 Sep 2025

'India kills its own talent before the world even gets to see it'

HSBC flags 5 positives for Indian equities

HSBC flags 5 positives for Indian equities

Rediff.com3 Sep 2025

Equity benchmarks face a key test as investors weigh consumption revival hopes against tariff pressures and weak earnings. Amidst this, HSBC has outlined tailwinds and risks that could cap gains.

New segments like defence and data centres to drive growth for L&T

New segments like defence and data centres to drive growth for L&T

Rediff.com9 Oct 2025

The exit of Larsen & Toubro (L&T) from the Hyderabad Metro is a long-term positive for the stock. It could be a bullish trigger, alongside higher international orders, and new opportunities in segments like defence and data centres.

NCLAT admits Meta, Whatsapp pleas against CCI's Rs 213.14-cr penalty

NCLAT admits Meta, Whatsapp pleas against CCI's Rs 213.14-cr penalty

Rediff.com16 Jan 2025

Appellate tribunal NCLAT on Thursday admitted the petitions filed by Meta Platforms and Whatsapp against an order passed by fair trade regulator CCI which imposed a penalty of Rs 213.14 crore for abuse of market dominance.

It's time to get started, put money in deals: M&A financing opens up

It's time to get started, put money in deals: M&A financing opens up

Rediff.com15 Sep 2025

Last fortnight, State Bank of India Chairman C S Setty lifted the veil on a subject long spoken of in corporate corridors: Why can't our banks finance mergers and acquisitions (M&As)? Change is in the air: Indian Banks' Association (of which Setty is the chairman) is to "make a formal request" to Mint Road to make way for it. Thus far the exclusive turf of foreign banks even though its funding remains offshore - as in, it's not on these entities rupee-book (and a few select shadow banks) - a most lucrative segment in the investment banking suite, M&As, will be homeward-bound.

India Must Only Agree To A Deal If It Is A Win-Win

India Must Only Agree To A Deal If It Is A Win-Win

Rediff.com27 Aug 2025

To those who ask, "Is all this really worth it? Why can't domestic demand fill the gap?", it is important to remind them that only 13 economies since the Second World War have grown at 7 per cent or more for 25 years -- like India needs to. They all had one thing in common: Strong export growth underpinned by strong global engagement, explains Sajjid Z Chinoy.

How to curb irrational bidding by companies?

How to curb irrational bidding by companies?

Rediff.com29 Sep 2025

To prevent companies from submitting unrealistic quotes to bag project contracts across industries, the government is planning to soon roll out a mechanism to curb irrational bidding.

'It's a free market': SC junks plea to regulate Internet prices

'It's a free market': SC junks plea to regulate Internet prices

Rediff.com24 Feb 2025

The top court, however, clarified that if the petitioner wanted to take any recourse to appropriate statutory remedy, he was at liberty to do so.

ADIF files complaint with CCI against Google for anti-competitive practices

ADIF files complaint with CCI against Google for anti-competitive practices

Rediff.com6 Aug 2024

The Alliance of Digital India Foundation (ADIF), an industry body for startup ecosystem and app developers, on Monday filed a complaint with the Competition Commission of India (CCI) against technology major Google for alleged anti-competitive practices in online advertising. The complaint outlined Google's dominant position and alleged abusive behaviour in both the online search and online display advertising.

FIDE Bans Chinese Chess Player For Sandbagging

FIDE Bans Chinese Chess Player For Sandbagging

Rediff.com9 Aug 2025

'Sandbagging' means a player deliberately losing his games, along with it his rating points, so as to play in a lower rated player tournaments and win cash prizes.

India, EU 'very near' to concluding FTA: Goyal

India, EU 'very near' to concluding FTA: Goyal

Rediff.com10 Jun 2025

Commerce and Industry Minister Piyush Goyal on Tuesday said India and the 27-nation EU bloc are "really very near" to concluding talks for the proposed free trade agreement, with only a few issues left to be resolved.

Women's ODI WC matches in Bengaluru in limbo!

Women's ODI WC matches in Bengaluru in limbo!

Rediff.com12 Aug 2025

Women's WC matches in Bengaluru face uncertainty, shifting of venue on cards

A Medal Missed By 40cm! Sachin Rues World C'ship Slip

A Medal Missed By 40cm! Sachin Rues World C'ship Slip

Rediff.com19 Sep 2025

Outperforming the likes of Neeraj Chopra and Julian Weber in his debut World Championship is a nice feeling but India's new-found javelin throw talent Sachin Yadav says it cannot make up for the disappointment of "letting slip" an unlikely bronze after a strong start.

US Tariffs: India Draws Red Lines Around Farm Commodities

US Tariffs: India Draws Red Lines Around Farm Commodities

Rediff.com7 Jul 2025

Very sensitive items -- such as apples, which carry political weight and are closely tied to farmer interests in states like Himachal Pradesh and Uttarakhand -- may face restricted concessions.

Now, You Can Study In A UK College... In India

Now, You Can Study In A UK College... In India

Rediff.com9 Jul 2025

At least six major UK universities have announced plans to set up campuses or liaison offices in India.

Bajaj Group get CCI's nod to acquire Allianz's 26% stake in insurance JVs

Bajaj Group get CCI's nod to acquire Allianz's 26% stake in insurance JVs

Rediff.com20 May 2025

Fair trade regulator CCI on Tuesday cleared Bajaj Group's proposed acquisition of a 26 per cent stake each in its insurance joint ventures, Bajaj Allianz General Insurance and Bajaj Allianz Life Insurance, from its partner Allianz SE for a total of Rs 24,180 crore. "The proposed combination involves acquisition of 26 per cent paid-up equity share capital of Bajaj Allianz Life Insurance Company Ltd (BALIC) and Bajaj Allianz General Insurance Company Ltd (BAGIC) by Bajaj Finserv Ltd (BFS), Bajaj Holdings & Investment Ltd (BHIL) and Jamnalal Sons Pvt Ltd (JSPL) from Allianz SE," the regulator said in a release.

Trump's Tariffs: No More Protectionism Please!

Trump's Tariffs: No More Protectionism Please!

Rediff.com26 Aug 2025

Brave statements such as we will continue to be the fastest growing large country are of no consolation, because the direction of trade also determines the flow of investment, points out M Govinda Rao.

Want A Govt Job? 10 Competitive Exams You Can Take

Want A Govt Job? 10 Competitive Exams You Can Take

Rediff.com29 Jan 2025

rediffGURU Rohit Gupta, co-founder and COO of College Vidya, provides a list of competitive exams that can help you land a job in the public sector.

Digital Competition Bill Wants Interoperability

Digital Competition Bill Wants Interoperability

Rediff.com19 Feb 2024

It is being suggested that apps, such as WhatsApp and Telegram, should share their APIs with each other to ensure there is interoperability, just as it exists across email services.

'He told me to shut up, lower your head and do as we say': Lovlina

'He told me to shut up, lower your head and do as we say': Lovlina

Rediff.com7 Aug 2025

Tokyo Olympics bronze-winning boxer Lovlina Borgohain's allegations of "disrespectful and gender-discriminatory behaviour" against national federation's executive director Col Arun Malik are being investigated.

Whole country now knows...: Rahul mounts attack on EC in Bihar rally

Whole country now knows...: Rahul mounts attack on EC in Bihar rally

Rediff.com17 Aug 2025

Gandhi alleged that assembly and Lok Sabha polls were being "stolen" across the country and there was a "conspiracy" in Bihar to do the same through the Special Intensive Revision of electoral rolls.

Gadkari: AI To Detect Landslides, Waterlogging Soon

Gadkari: AI To Detect Landslides, Waterlogging Soon

Rediff.com22 Aug 2025

Nitin Gadkari said AI will be used to detect landslides, waterlogging and accident-prone spots on highways, while highlighting logistics cost cuts and road safety initiatives

TMC names Mamata's nephew Abhishek Banerjee as LS Parl party leader

TMC names Mamata's nephew Abhishek Banerjee as LS Parl party leader

Rediff.com4 Aug 2025

Trinamool Congress (TMC) has appointed Abhishek Banerjee as its new parliamentary leader in the Lok Sabha, replacing Sudip Bandopadhyay. The decision was made during a virtual meeting chaired by Mamata Banerjee. This move is seen as a generational shift and a preparation for the 2026 West Bengal Assembly elections.

IDFC First Bank shareholders reject resolution to allow board seat to Warburg Pincus arm

IDFC First Bank shareholders reject resolution to allow board seat to Warburg Pincus arm

Rediff.com19 May 2025

IDFC First Bank on Monday said its shareholders have rejected the proposal to allow global private equity firm Warburg Pincus' arm to nominate a non-executive director on the bank board.

Tribunal stays CCI ban on WhatsApp-Meta data sharing

Tribunal stays CCI ban on WhatsApp-Meta data sharing

Rediff.com23 Jan 2025

The National Company Law Appellate Tribunal (NCLAT) on Thursday stayed the five-year ban imposed by competition watchdog CCI on data-sharing practices between WhatsApp and Meta for advertising purposes, offering a breather to the tech giant. Meta welcomed the "NCLAT's decision to grant a partial stay on the Competition Commission of India's (CCI) order" and said it will evaluate next steps.

Amazon India ends referral fees on 12 million products

Amazon India ends referral fees on 12 million products

Rediff.com31 Mar 2025

In its highest ever reduction in seller fees, ecommerce giant Amazon India has introduced zero referral charges on over 12 million products on its platform that are priced below Rs 300. The move is aimed at boosting seller growth on Amazon.in and supporting hundreds of thousands small businesses across the country.

'Biggest reform in sports since independence': LS passes Sports Bill

'Biggest reform in sports since independence': LS passes Sports Bill

Rediff.com11 Aug 2025

Sports Minister Mansukh Mandaviya said the Sports Bill is a key reform aimed at building a "transparent, accountable and world-class sports ecosystem" in India.

Meta says it plans to appeal against CCI's Rs 213-cr penalty

Meta says it plans to appeal against CCI's Rs 213-cr penalty

Rediff.com19 Nov 2024

After the Competition Commission imposed a Rs 213-crore penalty on Meta in relation to WhatsApp privacy policy, the company said it disagrees with the watchdog's decision and plans to appeal. The Competition Commission of India (CCI) on Monday asked WhatsApp to refrain from sharing user data with other applications, owned by Meta, for advertising purposes for a period of five years.

Armed With Just A Laptop, This Teen Founded Skillzo

Armed With Just A Laptop, This Teen Founded Skillzo

Rediff.com23 Jul 2025

Adarsh Kumar, the son of a farmer and a Class 12 student from rural Bihar, is on a mission to build one of India's largest free skill development movements, powered only with a laptop, free Internet and his relentless determination.

India's largest media empire is all set to be born!

India's largest media empire is all set to be born!

Rediff.com28 Aug 2024

Competition Commission of India on Wednesday said it has approved the merger of the media assets of Reliance Industries and Walt Disney Co to create the country's largest media empire. The deal, announced six months ago, has been cleared by the CCI with certain modifications proposed by the two parties.

SC stops IAF from releasing Operation Sindoor officer

SC stops IAF from releasing Operation Sindoor officer

Rediff.com23 May 2025

The Supreme Court has directed the Indian Air Force not to release Wing Commander Nikita Pandey from service. Pandey, who participated in Operation Balakot and Operation Sindoor, was denied a permanent commission despite being an expert fighter controller. The court raised concerns about the uncertainty faced by Short Service Commission (SSC) officers who are denied permanent commissions after years of service. The court emphasized the need for a system to accommodate all suitable SSC officers in permanent commissions, highlighting the excellent performance of women officers. The court has ordered the IAF to consider Pandey's case in a second selection board and has postponed the hearing to August 6.

Why BJP Wants JMM To Contest Bihar Polls

Why BJP Wants JMM To Contest Bihar Polls

Rediff.com28 Jul 2025

'It is good for us if the JMM contests. That will divide the Opposition and give us the upper hand.'