Vijay, with his chief ministerial ambitions, is a one-man army, at least as of now, and his campaign team considers him omnipresent. He has to be present in all districts, if not all constituencies at the same time, as there is no second-line leader or platform speaker in the party, who can draw crowds, points out N Sathiya Moorthy.
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.
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.
In a bold display of civic engagement, members of the Hindu American community launched an aerial banner over New York City this week, endorsing Andrew Cuomo for mayor and urging voters to support experienced, inclusive leadership in a high-stakes race that has captured national attention.
The court ruled in a judgment running to over 100 pages that the commission can order an investigation into a complaint of an anti-competitive agreement or abuse of dominant position in the market.
At least six major UK universities have announced plans to set up campuses or liaison offices in India.
Fast-moving consumer goods (FMCG) distributors' association has written to the finance ministry, highlighting concern over fund utilisation and fund accumulation by quick commerce companies and deep discounting of goods on their platforms. According to a recent letter seen by Business Standard, All India Consumer Products Distributors Federation (AICPDF) noted that its analysis indicated that approximately 80 per cent of these funds were directed toward customer acquisition strategies instead of creating cutting-edge innovations or sustainable growth models for the retail sector.
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.
Allegations of predatory pricing may not hold ground in the high-pitch turf battle for consumers' pocket between e-tail and retail.
Parliament on Friday approved the long-awaited Competition Bill paving the way for setting up the Competition Commission of India replacing the Monopoly and Restrictive Trade Practices Commission.
Reaffirming India's stand against terrorism, Prime Minister Narendra Modi has urged leaders of the G7 to galvanise global action against terrorism and underscored the need for strict action against those who 'promote and support' it.
Two sections of the Competition Act still to be notified.
Legendary Sachin Tendulkar and James Anderson formally unveiled the Anderson-Tendulkar Trophy ahead of the opening match of the five-Test series between India and England, in Leeds on Thursday.
The Competition Commission of India has asked the government to amend existing rules to allow more competition in maintenance of highways and airports under the public-private-partnership model.
'Each side could consider challenging the NCLAT's stay order before the Supreme Court.'
Fair trade regulator CCI on Thursday ordered a probe against Google and its affiliates for alleged unfair business practices with respect to listing of real money gaming apps on Play Store. While passing the order, CCI said the "the Commission directs the Director General ('DG') to cause an investigation to be made into the matter under the provisions of Section 26(1) of the Act".
The Competition Commission of India (CCI) has flagged possible anti-competitive concerns with respect to the proposed USD 8.5-billion Viacom18-Star India merger and has sought detailed responses from the parties concerned, sources said.
The International Boxing Association (IBA) urged its national federations on Monday to join legal action in Switzerland against what it called the "abusive behaviour" of Olympic organisers.
In its submission to the Competition Commission of India, in response to a complaint filed by a travel agents body, DGCA said travel agents should be compensated by the airlines directly by paying commission, which should be a part of the fare itself.
Bharti Airtel is expected to see its highest revenue growth, and subscriber addition during the third quarter (October-December) of FY25 among telcos, said analysts. The telco's top line in Q3 may see the fastest sequential growth at 5 per cent compared to 3 per cent for Reliance Jio and Vodafone Idea (Vi). Airtel's annual mobile revenue growth would rise to 16 per cent, IIFL Capital said in an analyst note.
The Act provides that companies with assets of over Rs 1,000 crore (Rs 10 billion) and a turnover exceeding Rs 3,000 crore (Rs 30 billion) will have to obtain approval from the CCI for a merger, acquisition or amalgamation within 30 days of the deal. Smaller companies will have to seek permission if their parent company's assets exceed Rs 4,000 crore (Rs 40 billion) and the turnover Rs 12,000 crore (Rs 120 billion).
Companies planning merger and acquisition (M&A) will have to disclose the extent of "complementary linkages" among them and their impact on the market. This comes under the revised reporting requirements of the Competition Commission of India (CCI). The changes will take effect on May 1. Entities may also have to provide market-facing data of the past five years with respect to their market size, the market share of the parties, and also that of the competitors, along with customers and suppliers.
Several amendments to the long-awaited Competition Bill, proposed by the parliamentary committee including more powers to the proposed Competition Commission, was cleared by the Union Cabinet.\n\n\n\n\n\n\n\n\n\n
>The Indian Army still uses old British-era names and recruits soldiers based on caste or region, which hurts national unity, argues Colonel K Thammayya Udupa (retd).
Corporate affairs ministry note for ministerial group says can't keep banking, telecom out of CCI purview as RBI, Trai enable but not regulate competition
Maharashtra Chief Minister Devendra Fadnavis has announced that all competitive examinations conducted through the Maharashtra Public Service Commission (MPSC) will be held in Marathi. The decision was made following a query raised by Shiv Sena (UBT) legislator Milind Narvekar, who pointed out that some examinations related to agriculture and engineering disciplines were conducted only in English. The chief minister stated that efforts are underway to make Marathi textbooks available for technical subjects and that the new education policy allows for engineering courses to be conducted in Marathi. This decision is expected to benefit Marathi-speaking students aspiring to take the MPSC exams.
After a year long deliberations, the Standing Committee on Finance has recommended several changes in the Competition Commission Act, 2002, making it a more powerful body.
The industry is seriously concerned that the new Competition Act, passed by Parliament in September but not yet fully notified, could impact local and cross-border mergers and acquisitions (M&As) and curtail business activities by placing substantial discretionary powers in the hands of the thinly-staffed Competition Commission of India (CCI).
The government is set to examine concerns over quick commerce companies potentially undermining businesses of local kirana stores, particularly in the context of the draft Digital Competition Bill, according to official sources. The Ministry of Consumer Affairs recently raised the issue with the Ministry of Corporate Affairs during discussions around the proposed legislation. "We need to assess if and how the Bill can address these concerns and explore further steps to include provisions to keep a check," a senior official stated.
With provisional recognition granted to World Boxing it is very unlikely for the very popular Olympic sport to miss out on the LA Games.
Singapore's competition regulator CCCS on Tuesday said it has given conditional approval for the proposed merger of Air India and Vistara, more than a year after the announcement of the deal. This was one of the key approvals required for the transaction. The merger of Vistara with Air India under a deal, wherein Singapore Airlines will acquire a 25.1 per cent stake in Air India, was announced in November 2022. Vistara is a joint venture between Singapore Airlines and Tata Group.
Lambasting the NDA government for appointing a bureaucrat as head of the Competition Commission, Law Minister Hans Raj Bharadwaj said rightly the decision fell foul with the Supreme Court as these bodies have been traditionally headed by judges.
Reliance Industries Limited (RIL), Viacom18 Media (Viacom18), and The Walt Disney Company announced on Thursday that they have completed the merger of Viacom18's media and JioCinema businesses into Star India (SIPL), creating a mega joint venture valued at Rs 70,352 crore. The new entity will be guided by three chief executive officers (CEOs), "who will lead the company into a new era of ambition and disruption", according to a joint statement. Kevin Vaz will lead the entertainment division across all platforms, Kiran Mani will head the combined digital division, and Sanjog Gupta will oversee the sports operations.
After passing of the Competition Act, 2007, in September, Minister of Corporate Affairs Prem Chand Gupta had announced that the CCI would be fully functional by the middle of next year.
Fair trade regulator CCI on Tuesday said it has approved the demerger of the hotel business of diversified entity ITC Ltd into a separate entity. After the completion of the demerger, shares of ITC Hotels Ltd, a new entity, will be listed on the stock exchanges. The proposed combination relates to the demerger of the demerged undertaking to ITC's wholly-owned newly incorporated subsidiary, ITC Hotels.
Barely out of their teens, the first batch of girls will graduate alongside 300 male cadets from the National Defence Academy.
10 companies and industry body penalised for cartelisation, likely to take legal recourse.
