News for 'Competition Commission of India'

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.

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.

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.

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.

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.'

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

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.

'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.

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

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.

Temasek gets CCI nod to buy minority stake in Haldiram

Temasek gets CCI nod to buy minority stake in Haldiram

Rediff.com20 May 2025

The Competition Commission of India on Tuesday approved Singapore's Temasek Holdings proposed acquisition of a minority stake in Haldiram Snacks Food. Temasek Holdings through its arm Jongsong Investments Pte is acquiring a stake in the target company.

CCI issues norms to assess predatory pricing practices

CCI issues norms to assess predatory pricing practices

Rediff.com7 May 2025

Competition Commission of India (CCI) has notified the regulations for determining the cost of production, a move that will help the watchdog to more effectively assess alleged predatory pricing and deep discounting practices especially in the quick commerce and e-commerce segments. As part of efforts to update the framework for assessing predatory pricing, the watchdog came out with the draft rules in February.

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.

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.

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.

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.

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.'

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.

CCI to NCLAT: No player close to WhatsApp in terms of revenue, assets

CCI to NCLAT: No player close to WhatsApp in terms of revenue, assets

Rediff.com23 Sep 2025

The Competition Commission of India (CCI) on Monday told the National Company Law Appellate Tribunal (NCLAT) that no internet intermediary could come close to WhatsApp in terms of revenues as well as assets.

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.

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).

Nigeria joins India in race to host 2030 CWG!

Nigeria joins India in race to host 2030 CWG!

Rediff.com1 Sep 2025

India is not the lone bidder for the 2030 Commonwealth Games and will face competition from Nigeria to get the hosting rights of the multi-sporting event as the African nation has also submitted its formal bid before the August 31 deadline.

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.

CCI orders probe into Asian Paints over alleged abuse of dominance

CCI orders probe into Asian Paints over alleged abuse of dominance

Rediff.com2 Jul 2025

India's fair trade regulator Competition Commission of India (CCI) has launched a formal investigation against India's biggest paints firm, Asian Paints, for alleged abuse of its dominant position in the organised decorative paints market, following a complaint by Aditya Birla group's Grasim Industries' Birla Opus Paints division.

Govt moots power sector reforms to address discom losses

Govt moots power sector reforms to address discom losses

Rediff.com15 Oct 2025

The idea is to establish a robust and forward-looking legal framework that addresses the financial stress of power distribution companies, which are facing losses of over 6.9 trillion, while curbing high industrial tariffs that, according to the government, have affected competitiveness, constrained economic growth, and slowed the transition to clean energy.

WhatsApp User Data Belongs To Us: Meta Tells NCLAT

WhatsApp User Data Belongs To Us: Meta Tells NCLAT

Rediff.com12 Sep 2025

'By leveraging user data from WhatsApp, Meta can enhance its technology.' 'It (user data) is collected by me, it's my personal property. Shall I give it to my competitors?'

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.

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.

India rejects IMF view that US tariffs will stay indefinitely, hit growth

India rejects IMF view that US tariffs will stay indefinitely, hit growth

Rediff.com27 Nov 2025

The Indian government has expressed its disagreement with the IMF staff's 'baseline' assumption that the 50 per cent US tariffs on its goods exports 'would remain in place indefinitely', based on which the staff pegged the country's GDP growth at 6.6 per cent this year, and pared its 2026-27 projection by 20 basis points to 6.2 per cent.

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.

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.

Agnikul Launches India's 1st 3D-Printed Rocket Hub

Agnikul Launches India's 1st 3D-Printed Rocket Hub

Rediff.com23 Sep 2025

For the first time in India, the facility enables 3D printing of aerospace and rocket components up to one metre in height.

'Ministry Slept, DGCA Slept, IndiGo...'

'Ministry Slept, DGCA Slept, IndiGo...'

Rediff.com11 Dec 2025

'IndiGo will receive a sharp rap on the knuckles -- a punishment, a huge penalty. 'I look towards them creating a compensation fund.' 'I would like to think they would do that for all the passengers who are affected on every single day since cancellations began.'

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.

WhatsApp to NCLAT: CCI exceeded powers, ruled onprivacy

WhatsApp to NCLAT: CCI exceeded powers, ruled onprivacy

Rediff.com15 Sep 2025

"All they have done in their entire report is privacy regulation," counsel appearing for WhatsApp told the appellate tribunal.

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.

FIDE launches 'ChessMom' plan to support mothers in chess

FIDE launches 'ChessMom' plan to support mothers in chess

Rediff.com4 Nov 2025

Mothers competing in elite chess will be able to take advantage of a new set of family-friendly policies being introduced by the International Chess Federation

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.

How insurers stand to gain from GST rate cut

How insurers stand to gain from GST rate cut

Rediff.com4 Dec 2025

The exemption of individual life and health insurance premiums from the Goods and Services Tax (GST) enables the insurance industry to make products affordable and attractive, said Ajay Seth, chairman of Insurance Regulatory and Development Authority of India (Irdai) at the Business Standard BFSI Insight Summit 2025.