News for 'Competition Commission'

After Ajay Devgn, Kamal Haasan approaches CCI

After Ajay Devgn, Kamal Haasan approaches CCI

Rediff.com14 Jan 2014

Kamal Haasan has filed a complaint with the Competition Commission of India (CCI) against the Tamil Nadu Theatre Owners Association wifor restricting the release of his film Vishwaroopam in theatres last year.

Justice S J Mukhopadhaya retires as NCLAT chairperson

Justice S J Mukhopadhaya retires as NCLAT chairperson

Rediff.com14 Mar 2020

He supervised and handled several major big ticket insolvency cases that includes Essar Steel, Bhushan Power & Steel, Bhushan Steel, Jaypee Infratech, ElectroSteel Steel, Binani Cement, Reliance Communications.

What Modi needs to know about economic problems

What Modi needs to know about economic problems

Rediff.com9 Mar 2020

'As the 1991 experience showed, the solution to a large trade deficit may be to open up the economy, not putting up protective walls,' points out T N Ninan.

Sebi nods Jet-Etihad deal, govt to take final call

Sebi nods Jet-Etihad deal, govt to take final call

Rediff.com1 Oct 2013

The proposal will now be considered by the Cabinet Committee on Economic Affairs.

TERI council sends Pachauri on indefinite leave

TERI council sends Pachauri on indefinite leave

Rediff.com12 Feb 2016

Facing flak, TERI's executive vice chairman R K Pachauri on Friday proceeded on leave from two other bodies -- TERI and its governing council, which also appointed former Competition Commission chief Ashok Chawla as the new chairman in an apparent damage control measure.

SC orders status quo in probe against Uber

SC orders status quo in probe against Uber

Rediff.com27 Jan 2017

The Competition Appellate Tribunal (Compat) had on December 7 last year ordered fair trade watchdog CCI to probe afresh the alleged abuse of dominance by the popular tax-hailing app operator.

'Amazon In India For Next 100 Years'

'Amazon In India For Next 100 Years'

Rediff.com4 Jul 2022

'For all of us at Amazon, it is 'Bharat first'.' 'We are keeping the Indian customer at the centre of what we are doing.'

Challenges before NITI Aayog's Suman Bery

Challenges before NITI Aayog's Suman Bery

Rediff.com14 Jun 2022

The most immediate challenge for growth is the disruption of the global economy brought about by the Ukraine war and related sanctions, the Covid shutdowns in China and the rising tide of inflation, points out Nitin Desai.

CCI orders fresh probe against DLF; second in 2 days

CCI orders fresh probe against DLF; second in 2 days

Rediff.com10 Feb 2015

CCI had imposed a penalty of Rs 630 crore on DLF in August 2011.

Explained: WhatsApp's New Privacy Policy

Explained: WhatsApp's New Privacy Policy

Rediff.com24 May 2021

A WhatsApp spokesperson said the update 'does not impact the privacy of personal messages for anyone'.

Apple's vendors create 30,000 new jobs under PLI scheme

Apple's vendors create 30,000 new jobs under PLI scheme

Rediff.com29 Jul 2022

Apple's three vendors in the country have hit the milestone of creating 30,000 new direct jobs since the production-linked incentive (PLI) scheme for mobile devices kicked off in April 2021. Based on the government's estimate that one direct job in the electronics industry helps to generate three indirect ones, Apple's vendors, Foxconn Hon Hai, Wistron and Pegatron, are close to creating 100,000 direct and indirect jobs. The direct jobs that the vendors have created account for a fourth of Apple's commitment to generate 60 per cent of the new direct jobs out of the 200,000 jobs targeted by the government under the PLI scheme within five years.

Future-RIL deal: HC junks FRL plea, seeks Amazon's response

Future-RIL deal: HC junks FRL plea, seeks Amazon's response

Rediff.com29 Oct 2021

The Delhi high court on Friday declined Future Group's plea for stay on an arbitration tribunal order refusing to interfere with the Emergency Award (EA) which restrained it from going ahead with the Rs 24,731 crore merger deal with Reliance Retail. Justice Suresh Kumar Kait sought response from US-based e-commerce giant Amazon which had challenged the merger before the Singapore arbitration tribunal under SIAC, and listed the appeals by Future Coupons Pvt Ltd (FCPL) and Future Retail Ltd (FRL) for further hearing on January 4. Senior counsel Harish Salve, appearing for FRL, urged the court to pass an interim order clarifying that an earlier order passed by the Supreme Court - which stayed all proceedings in relation to the enforcement of the EA - would remain in force despite the subsequent order passed by the duly constituted arbitration tribunal.

When walking would suffice, Sable ran...

When walking would suffice, Sable ran...

Rediff.com7 Aug 2022

At Birmingham, Avinash Sable became the first non-Kenyan to win a medal since 1994 at the Commonwealth Games.

The Indian Education Scramble

The Indian Education Scramble

Rediff.com21 Sep 2022

Tuition classes: Saviours or demons, asks Ajit Balakrishnan.

'Modi has placed himself in the hearts of Gujaratis'

'Modi has placed himself in the hearts of Gujaratis'

Rediff.com8 Dec 2022

"Such are his core supporters that they will vote for him even if cooking oil sells for Rs 5,000 per litre under his leadership.' 'They don't think about inflation but Modi when they go out to vote.'

AFI to mark August 7 as 'National Javelin Day'

AFI to mark August 7 as 'National Javelin Day'

Rediff.com10 Aug 2021

The AFI started National Open Javelin Throw Championships in 2018 and its third edition is scheduled in October this year.

Amazon-Future case: SC sets aside Delhi HC orders, remands cases back for fresh decision

Amazon-Future case: SC sets aside Delhi HC orders, remands cases back for fresh decision

Rediff.com1 Feb 2022

The Supreme Court Tuesday set aside three Delhi high court orders including the refusal to grant a stay on the final arbitral award which had restrained Future Retail Ltd from going ahead with its Rs 24,731 crore merger deal with Reliance Retail and ordered fresh adjudication. In a major relief to Future group, a bench headed by Chief Justice N V Ramana also set aside the high court's order of February 2 last year, by which it had directed Future Retail Ltd (FRL) to maintain status quo in relation to the merger deal. The March 18 order of the high court, upholding the EA's award and imposing a cost of Rs 20 lakh on it as well as its directors, has also been set aside.

Adani Ports junks Myanmar plans

Adani Ports junks Myanmar plans

Rediff.com27 Oct 2021

Adani Ports and Special Economic Zone Ltd (APSEZ) on Wednesday said it has decided to exit its investment in Myanmar by June next year. APSEZ, the largest port developer in India, is part of the globally diversified Adani Group. "The Board has decided to actively work on a plan on exiting Company's investment in Myanmar including divestment opportunities (expected to be concluded by March - June 2022)," APSEZ said in notes to its second quarter results.

Future Retail moves SC to avert defaulter tag

Future Retail moves SC to avert defaulter tag

Rediff.com25 Jan 2022

Embattled retailer Future Retail Ltd (FRL) on Tuesday moved the Supreme Court to avert insolvency proceedings over missing a loan repayment deadline, even as its independent directors rejected an Amazon-supported offer to sell the company businesses at less than a third of what Mukesh Ambani's Reliance is offering. India's second-largest retailer, which operates multi-brand retail chains such as Big Bazaar, Easyday and Heritage, failed to pay Rs 3,494.56 crore to lenders by the due date of December-end and sought a 30-day grace period to resolve the situation. Unable to find money, it moved the apex court seeking to restrain its lenders from declaring the company a defaulter, which can invite initiation of insolvency proceedings.

Putin's alleged girlfriend faces EU sanctions: Report

Putin's alleged girlfriend faces EU sanctions: Report

Rediff.com7 May 2022

Alina Kabaeva was first linked to Putin more than a decade ago, while she was a medal-winning gymnast.

Onboarding of e-commerce giants crucial to ensure success of ONDC

Onboarding of e-commerce giants crucial to ensure success of ONDC

Rediff.com15 Sep 2022

When Open Network for Digital Commerce (ONDC) was conceived last December, the idea was to reduce the dominance of e-commerce giants like Amazon and Flipkart. It was also to bring in a level-playing field for small merchants in India's fragmented but fast-growing $1-trillion retail market. However, those goals have changed now as large e-commerce players such as Flipkart, Amazon and Ecom Express are in various levels of talks with the ONDC team. They want to form partnerships like integrating with the network as well as providing their expertise to build it, according to the industry sources.

Jet-Etihad deal gets CCI clearance; moves closer to finality

Jet-Etihad deal gets CCI clearance; moves closer to finality

Rediff.com12 Nov 2013

Paving way for closure of long-pending Jet-Etihad deal, fair trade regulator CCI on Tuesday approved the proposed acquisition of 24 per cent stake in the Naresh Goyal-led Indian carrier by Abu Dhabi-based airline.

'Nothing wrong with women entering NDA'

'Nothing wrong with women entering NDA'

Rediff.com16 Sep 2021

'Entry and qualification must not be through concession and must be reserved for only those who meet the stringent standards of the institution'.

Court humare kabze mein...: Shah on CBI, ED 'misuse'

Court humare kabze mein...: Shah on CBI, ED 'misuse'

Rediff.com14 Feb 2023

Shah said that the people of the country will decide about the principal opposition party to BJP in the 2024 polls and they have not given this label to any party.

Return Of 'Committed Judiciary' Or Judicial Over-Reach?

Return Of 'Committed Judiciary' Or Judicial Over-Reach?

Rediff.com23 Jan 2023

Vice President Dhankar's and Law Minister Rijuju's recent interventions have the danger of destabilising the Constitutional equilibrium, cautions N Sathiya Moorthy.

Trade regulator gets complaint against Flipkart, other e-retailers

Trade regulator gets complaint against Flipkart, other e-retailers

Rediff.com5 Nov 2014

The complaint has been received against these online trading entities weeks after an uproar over Flipkart's massive discount sale which had raised concerns of anti-competitive practices.

Warne lives on in every nook and cranny of Melbourne

Warne lives on in every nook and cranny of Melbourne

Rediff.com5 Nov 2022

One fan has got a mural painted on the wall of his home in Dalgaty Lane as a mark of tribute. And little wonder, it is slowly turning into a tourist destination.

What Erode Win Means For Stalin's Politics

What Erode Win Means For Stalin's Politics

Rediff.com2 Mar 2023

For now, the DMK can be expected to sound the bugle for Opposition unity at the national level, predicts N Sathiya Moorthy.

Tribunal dismisses Bhargava's plea against Jet-Etihad deal

Tribunal dismisses Bhargava's plea against Jet-Etihad deal

Rediff.com27 Mar 2014

Former Air India Executive Director Jitendra Bhargava had filed the appeal questioning the decision of CCI to approve the Jet-Etihad deal without carrying out a detailed assessment.

5-8 Chinese Navy units operating in Indian Ocean at any time, says Navy chief

5-8 Chinese Navy units operating in Indian Ocean at any time, says Navy chief

Rediff.com20 Sep 2022

China remains a "formidable challenge" that has increased its presence not only along India's land borders but also in the maritime domain, Navy Chief Admiral R Hari Kumar said on Tuesday and asserted that the naval force keeps a regular watch in the Indian Ocean Region.

Banks have no liability for loss of valuables in lockers: RBI

Banks have no liability for loss of valuables in lockers: RBI

Rediff.com25 Jun 2017

Even under the RTI response, all public sectors banks have washed their hands of any responsibility.

Lakshmi Vilas Bank comes under Sebi scanner for 'insider trading'

Lakshmi Vilas Bank comes under Sebi scanner for 'insider trading'

Rediff.com10 Dec 2020

LVB had faced some serious flak in terms of bad loans, earnings and credit rating downgrades, since 2016.

Cricket: England opener Roy gets suspended ban

Cricket: England opener Roy gets suspended ban

Rediff.com23 Mar 2022

Dutch cricket ventures to a new frontier in maiden New Zealand voyage

BWF's Lifetime Achievement Award for Prakash Padukone

BWF's Lifetime Achievement Award for Prakash Padukone

Rediff.com18 Nov 2021

India's badminton great Prakash Padukone will receive the prestigious Lifetime Achievement Award this year from the Badminton World Federation (BWF).

Pill for thought: Sweetheart deals that hurt consumers

Pill for thought: Sweetheart deals that hurt consumers

Rediff.com16 Sep 2014

'Pay-for-delay' settlements between drug patent-holders and generics manufacturers to delay the launch of cheaper generic medicine are increasingly being scrutinised by antitrust regulators

'Fortis has not been doing well in the last 12-18 months'

'Fortis has not been doing well in the last 12-18 months'

Rediff.com29 Mar 2018

Bhavdeep Singh, the CEO of Fortis Healthcare said that they haven't been able to focus on the business due to an internal issue, especially with regard to the promoters

Why Ashok Chawla quit as NSE chairman

Why Ashok Chawla quit as NSE chairman

Rediff.com11 Jan 2019

The move comes after CBI gets sanction to prosecute him in Aircel-Maxis case

Sun-Ranbaxy deal stirs monopoly concerns: CCI

Sun-Ranbaxy deal stirs monopoly concerns: CCI

Rediff.com30 Aug 2014

Competition watchdog says 'high market concentration' in some segments a worry.

COVID cases mount as athletes arrive in Beijing

COVID cases mount as athletes arrive in Beijing

Rediff.com31 Jan 2022

The tally from the weekend showed 37 new cases on Sunday with most testing positive after arrival at the airport

South Africa's anti-apartheid icon Desmond Tutu dies at 90

South Africa's anti-apartheid icon Desmond Tutu dies at 90

Rediff.com26 Dec 2021

Archbishop Desmond Tutu, South Africa's anti-apartheid icon who won the Nobel Peace Prize for fighting racial discrimination in the country, died on Sunday. He was 90.