News for 'Competition Commission'

Big blow for boxers not part of World Boxing

Big blow for boxers not part of World Boxing

Rediff.com7 Mar 2025

With provisional recognition granted to World Boxing it is very unlikely for the very popular Olympic sport to miss out on the LA Games.

Vistara cancellations lead to surge in spot airfares by up to 38%

Vistara cancellations lead to surge in spot airfares by up to 38%

Rediff.com4 Apr 2024

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.

Rs 1.2 Lakh Scholarship For Entrance Exam Coaching

Rs 1.2 Lakh Scholarship For Entrance Exam Coaching

Rediff.com28 Nov 2024

Students from de-notified tribes, nomadic tribes and semi-nomadic tribes will receive coaching fees of up to 1,20,000 and additional benefits for preparing for entrance examinations such as JEE, NEET, CLAT and the NDA.

Olympian Mirabai's future hangs in balance

Olympian Mirabai's future hangs in balance

Rediff.com6 Dec 2024

IWF scraps her weight category; Olympic weight category yet to be known.

From Olympic gold to IOC throne: Kirsty Coventry's historic rise

From Olympic gold to IOC throne: Kirsty Coventry's historic rise

Rediff.com21 Mar 2025

Kirsty Coventry's journey from the Olympic podium to the highest office in sport has been marked by excellence, resilience, and reform.

Why Disney-Reliance merger faces hurdle

Why Disney-Reliance merger faces hurdle

Rediff.com21 Aug 2024

The CCI has asked the companies to explain within 30 days why an investigation should not be ordered.

Team of 80 people harmonising ops of 4 Tata airlines: Air India CEO

Team of 80 people harmonising ops of 4 Tata airlines: Air India CEO

Rediff.com11 Mar 2024

Over the past eight months, a team of 80 people has been diligently working to harmonise operating procedures across four airlines run by the Tata group, as part of two mergers, revealed Campbell Wilson, Air India's chief executive officer (CEO), on Friday. The Tata group is consolidating its aviation business by merging four airlines into two: Air India and Vistara are merging to form a single full-service carrier, while AIX Connect and Air India Express are combining to create a unified low-cost carrier (as a subsidiary of Air India).

The 17 Girls India Will Never Forget

The 17 Girls India Will Never Forget

Rediff.com29 May 2025

Barely out of their teens, the first batch of girls will graduate alongside 300 male cadets from the National Defence Academy.

Sitharaman on how India will remain an engine of growth despite Trump's tariff

Sitharaman on how India will remain an engine of growth despite Trump's tariff

Rediff.com8 Apr 2025

The resilience of the economy and strength of domestic demand will continue to make India an engine of growth amid the rapidly evolving global trade landscape as a result of US tariffs, Finance Minister Nirmala Sitharaman said in London on Tuesday.

Amazon India Head Quits

Amazon India Head Quits

Rediff.com7 Aug 2024

Manish Tiwary plans to take up a new role at another firm.

Competition for market share intensifies among cement companies in Q1

Competition for market share intensifies among cement companies in Q1

Rediff.com7 Aug 2023

Cement manufacturers' show during the June 2023-ended quarter (Q1FY24) has indicated an intensified slugfest for market share. For instance, Dalmia Bharat (Cement) said it has lost market share in eastern India owing to lack of price discipline. Industry analysts also said that the seasonal weakness in cement prices for Q1 is showing up earlier than usual.

How Competition Law plans to regulate digital economy

How Competition Law plans to regulate digital economy

Rediff.com9 Sep 2019

The interim report highlights key competition issues in the e-commerce space like deep discounting, the imposition of unfair terms and conditions, the growing dependence of brick and mortar establishments on online platforms, and opaqueness in search rankings.

US Firms Back Trump's India Tariffs

US Firms Back Trump's India Tariffs

Rediff.com31 Mar 2025

Industry associations and companies in the United States, including the US Chamber of Commerce, Coalition of Services Industries and the iconic bike company Harley Davidson have called on the Donald Trump dispensation to push India to reduce tariffs, non-tariffs, and regulatory barriers to boost American exports.

Trump tariffs: 'This is not a tax cut, this is a tax hike'

Trump tariffs: 'This is not a tax cut, this is a tax hike'

Rediff.com3 Apr 2025

"These latest so-called 'Liberation Day' tariffs are reckless and self-destructive, inflicting financial pain on Illinois at a time when people are already struggling to keep their small businesses afloat and put food on the table."

Why DGCA Suspended Vistara Executive

Why DGCA Suspended Vistara Executive

Rediff.com1 May 2024

This isn't the first instance of Vistara facing scrutiny from the regulator over improper pilot training.

'India Not tougher Than Other Markets'

'India Not tougher Than Other Markets'

Rediff.com23 Dec 2024

'Regulatory challenges exist everywhere. What we look for is regulatory stability over time.'

'Should end fourth quarter on a robust note'

'Should end fourth quarter on a robust note'

Rediff.com2 Feb 2025

'We have opened 100 branches in the last one and a half years. Our manpower is also in place.'

'Retaliatory Tariffs By Us Won't Hurt US'

'Retaliatory Tariffs By Us Won't Hurt US'

Rediff.com22 Apr 2025

'When Prime Minister Modi met President Trump, they agreed to initiate a bilateral trade dialogue.' 'It makes sense to give these negotiations a chance.'

Burmans get nod to acquire 31.27% additional stake in Religare

Burmans get nod to acquire 31.27% additional stake in Religare

Rediff.com24 Jan 2024

The Competition Commission of India has approved the acquisition of 31.27 per cent of additional stake in Religare Enterprises by four entities of Dabur India promoter Burman family, enabling them to become majority owners in the financial services firm. The fair trade regulator allowed the four entities to acquire Religare's 5.27 per cent through stock market purchase and another 26 per cent through an open offer.

CCI rules out anti-competitive charge against Volkswagen

CCI rules out anti-competitive charge against Volkswagen

Rediff.com12 Feb 2015

Fair trade regulator CCI has rejected allegations against Volkswagen.

Reliance, Disney merge to form Rs 70,000-cr JV

Reliance, Disney merge to form Rs 70,000-cr JV

Rediff.com14 Nov 2024

Billionaire Mukesh Ambani-led Reliance Industries has completed the merger of its media assets with the India business of global media house Walt Disney and formed a joint venture with a valuation of over Rs 70,000 crore. The JV will be one of the largest media and entertainment companies in India with a combined revenue of approximately Rs 26,000 crore and will be led by Nita Ambani as its chairperson, according to a joint statement.

Air India-Vistara merger may impact 600 non-flying staff

Air India-Vistara merger may impact 600 non-flying staff

Rediff.com11 Jul 2024

Around 600 non-flying staff of Air India and Vistara are likely to be impacted by the two airlines' mega-merger, and efforts will be made to provide job opportunities to the affected employees within Air India group and Tata companies, sources said on Wednesday. Tata Group-owned loss-making full-service carriers -- Air India and Vistara -- together have more than 23,000 employees.

Merger of Credit Suisse with UBS Group cleared

Merger of Credit Suisse with UBS Group cleared

Rediff.com18 May 2023

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.

IOC blames Russia for Paris Olympics gender row

IOC blames Russia for Paris Olympics gender row

Rediff.com15 Mar 2025

A gender row involving two female boxers at the Paris 2024 Olympics was the result of a Russian fake news campaign, said International Olympic Committee (IOC) president Thomas Bach.

Sebastian Coe backs India's strong 2036 Olympics bid

Sebastian Coe backs India's strong 2036 Olympics bid

Rediff.com2 Mar 2025

Sebastian Coe, a contender for the International Olympic Committee (IOC) president's post, believes India's bid to host the 2036 Olympic Games is a "strong case" but acknowledges that the competition will be intense with several other countries vying for the honor. Coe, considered a frontrunner in the race to succeed Thomas Bach as IOC president, expressed his support for India's commitment to global sport and the Olympic movement.

Flight schedule to normalise in 2-3 days: Vistara CEO Vinod Kannan

Flight schedule to normalise in 2-3 days: Vistara CEO Vinod Kannan

Rediff.com4 Apr 2024

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.

After cement, Adani and Birla are set for a face-off in the wires and cable biz

After cement, Adani and Birla are set for a face-off in the wires and cable biz

Rediff.com30 Mar 2025

After cement, billionaire Gautam Adani's group and Kumar Mangalam Birla's Aditya Birla Group are set for a face-off in the wires and cable business with both conglomerates announcing forays into the high double-digit growth sector.

NCLAT sets aside CCI's 6-year-old penalty on ITC

NCLAT sets aside CCI's 6-year-old penalty on ITC

Rediff.com2 May 2023

The National Company Law Appellate Tribunal (NCLAT) has set aside the penalty imposed on multi-conglomerate ITC by fair trade regulator CCI for not notifying for the acquisition of brands 'Savlon' and 'Shower to Shower' in 2017. ITC had 2017 acquired the antiseptic brand Savlon and the personal care product brand Shower To Shower from Johnson & Johnson Private. The Competition Commission of India (CCI) had on December 11, 2017, imposed a fine of Rs 5 lakh on ITC for alleged failure to give notice under sub-section 2 of Section 6 of the Competition Act.

NCLAT member recuses himself from Google's Play Store case

NCLAT member recuses himself from Google's Play Store case

Rediff.com18 Apr 2023

A Judicial member of the appellate tribunal NCLAT has recused himself from hearing a petition filed by tech giant Google, appealing against Rs 936.44 crore penalty imposed by competition watchdog CCI for abusing its dominant position with respect to Play Store policies. On Monday, NCLAT bench Justice Rakesh Kumar and Alok Srivastava ordered Google's appeal to be listed before another bench of which Justice Rakesh Kumar is not a party. It has asked the registry of the National Company Law Appellate Tribunal (NCLAT) to place it before the chairman of the appellate tribunal for this.

Google gets notices for non-payment of penalties

Google gets notices for non-payment of penalties

Rediff.com28 Dec 2022

The Competition Commission is understood to have issued demand notices to Google for its failure to pay within the stipulated time the penalties imposed on the internet major for anti-competitive practices, according to sources. Google has filed appeals before the National Company Law Appellate Tribunal (NCLAT) against the Competition Commission of India's (CCI) two orders in October. The appeals are yet to be heard by the tribunal.

'Being In The Fauj Is Most Glorious'

'Being In The Fauj Is Most Glorious'

Rediff.com3 Apr 2025

'No matter how much you get paid or how successful you get, nothing can match the fauj.'

Why time is right to invest in Zomato, Swiggy shares

Why time is right to invest in Zomato, Swiggy shares

Rediff.com20 Mar 2025

After a massive selloff in the shares of food delivery giants Zomato and Swiggy, analysts believe the time may be right for investors to start adding these stocks to their portfolio carts. Their optimism, they say, stems from the sharp correction in stock prices and valuations, which seem to have "over-baked" concerns about the two companies.

Tribunal refuses interim relief to Google on Rs 936-cr penalty imposed by CCI

Tribunal refuses interim relief to Google on Rs 936-cr penalty imposed by CCI

Rediff.com11 Jan 2023

The National Company Law Appellate Tribunal on Wednesday declined to grant interim relief to Google seeking a stay on competition watchdog CCI's penalty of Rs 936.44 crore on the tech giant for abusing its dominant position with respect to Play Store policies. The appellate tribunal has directed Google to deposit 10 per cent of the fine before its registry in the next four weeks. A two-member bench comprising Justice Rakesh Kumar and Alok Srivastava issued notices to the Competition Commission of India (CCI) and other respondents and posted the matter for hearing on April 17, 2023.

Draft sports bill could pose problems for IOA

Draft sports bill could pose problems for IOA

Rediff.com21 Jan 2025

Ministry mulls graded funding for sports federations

'BJP Won't Be Able To Form Government In Bengal in 2026'

'BJP Won't Be Able To Form Government In Bengal in 2026'

Rediff.com21 Apr 2025

'The BJP lacks a credible mass leader who matches Mamata Banerjee's popularity.' 'Given the division of votes among Opposition parties, the West Bengal government's dole-giving strategy, and the consolidation of the poor, significant sections of scheduled caste groups and Muslim minorities behind the ruling party, it will be difficult to dislodge the Trinamool from power.'

SC refuses to entertain Google's plea against NCLAT order

SC refuses to entertain Google's plea against NCLAT order

Rediff.com19 Jan 2023

The Supreme Court on Thursday refused to entertain the plea of US tech giant Google against an order of the National Company Law Appellate Tribunal (NCLAT) refusing an interim stay on the competition regulator imposing a Rs 1,337 crore penalty on it. A bench of Chief Justice DY Chandrachud and Justices PS Narasimha and J B Pardiwala granted the US firm seven days to deposit 10 per cent of the penalty imposed by the Competition Commission of India (CCI).

Committed to India hosting 2036 Olympics: PT Usha

Committed to India hosting 2036 Olympics: PT Usha

Rediff.com6 Nov 2024

Indian Olympic Association (IOA) President PT Usha on Tuesday insisted that its commitment to host the 2036 Summer Games "remained steadfast" despite the "internal challenges" her organisation has been facing due to her feud with the Executive Council members.

Ready to withdraw and follow Rahul Gandhi, Tejashwi: Prashant Kishor

Ready to withdraw and follow Rahul Gandhi, Tejashwi: Prashant Kishor

Rediff.com5 Jan 2025

Jan Suraaj Party founder Prashant Kishor, who has been on a fast unto death to press the demand for cancellation of a Bihar Public Service Commission (BPSC) exam, on Sunday sought the support of Congress leader Rahul Gandhi and former Bihar Deputy Chief Minister Tejashwi Yadav.

Tribunal upholds CCI's Rs 1337 cr fine on Google, gives it 30 days to pay

Tribunal upholds CCI's Rs 1337 cr fine on Google, gives it 30 days to pay

Rediff.com29 Mar 2023

The NCLAT on Wednesday upheld the orders of the fair trade regulator CCI imposing a penalty of Rs 1,337.76 crore on tech major Google in the Android mobile devices case, with some modifications.