News for 'Competition Commission'

Ranbaxy merger: Sun Pharma readies new leadership team

Ranbaxy merger: Sun Pharma readies new leadership team

Rediff.com12 Mar 2015

The group is looking into a new role for Ranbaxy CEO and MD Arun Sawhney.

Govt enhances PLI scheme for domestic solar cells

Govt enhances PLI scheme for domestic solar cells

Rediff.com1 Feb 2022

Finance Minister Nirmala Sitharaman on Tuesday proposed enhancing the funding under the PLI scheme for domestic solar cells and module manufacturing to Rs 24,000 crore from the existing Rs 4,500 crore to make India an exporting nation. "For facilitating domestic manufacturing for the ambitious goal of 280GW of installed solar capacity by 2030, an additional allocation of Rs 19,500 crore for PLI scheme for manufacturing of high efficiency (solar) modules with priority of fully integrate manufacturing units for polysilicon to solar PV modules will be made," Sitharaman said in her Budget speech in the Lok Sabha. In April 2021, the Union Cabinet approved a Rs 4,500 crore production linked incentive (PLI) scheme to boost domestic manufacturing capacity of solar PV modules.

Don't Underestimate Indian Voters!

Don't Underestimate Indian Voters!

Rediff.com17 Oct 2022

Voters can be relied on to punish a party which makes reckless promises without actually implementing them, asserts Virendra Kapoor.

Ajay Singh now holds over 60% stake in SpiceJet

Ajay Singh now holds over 60% stake in SpiceJet

Rediff.com25 Feb 2015

Singh holds more than 36.15 crore shares.

What economic crisis will do to India

What economic crisis will do to India

Rediff.com21 Sep 2020

'This encourages escapism through the politics and economics of nationalism, made worse by tribalism or nativism, the package accompanied inevitably by the erosion of institutional bulwarks and therefore State capture by powerful businessmen,' notes T N Ninan.

Jagan May Be Party President For Life, But...

Jagan May Be Party President For Life, But...

Rediff.com19 Jul 2022

]If Andhra Pradesh's middle class is denied salaries and pensions or, if these are delayed, it will rise against Jagan Mohan Reddy with the same fervour with which it voted him in.

Compat rejects DLF plea; upholds Rs 630 cr penalty

Compat rejects DLF plea; upholds Rs 630 cr penalty

Rediff.com19 May 2014

In a setback to DLF, the competition Appellate Tribunal on Monday upheld the CCI order imposing Rs 630 crore penalty on the realty major for unfair business practices.

Rising number of complaints against cab aggregators

Rising number of complaints against cab aggregators

Rediff.com6 Oct 2015

Predatory pricing petitions against Ola, Uber were filed from across cities.

Google accused of abusing search dominance

Google accused of abusing search dominance

Rediff.com1 Sep 2015

A guilty verdict could impact Google's growth in India

Accountability of regulators a serious crisis in India: Piyush Goyal

Accountability of regulators a serious crisis in India: Piyush Goyal

Rediff.com11 Jan 2017

Pointing at regulation of environment sector as a case in point, Goyal said the sector suffered due to "over regulation as regulators are not able to justify many decisions"

HUL Q3 net profit grows 9% to Rs 1,444 crore on volume growth

HUL Q3 net profit grows 9% to Rs 1,444 crore on volume growth

Rediff.com17 Jan 2019

Sales during the quarter under review stood at Rs 9,357 crore, up 12.42 per cent, as against Rs 8,323 crore in the corresponding period of the last fiscal

Delhi HC stays order against Future-Reliance deal till April 30

Delhi HC stays order against Future-Reliance deal till April 30

Rediff.com22 Mar 2021

The Delhi high court's division bench has stayed the single bench order favouring the emergency award against the Future-Reliance deal and imposing a Rs 20 lakh fine on Kishore Biyani & other respondents. including FRL and FCPL.

Walmart gets CCI approval to buy Bharti's stake in Indian JV

Walmart gets CCI approval to buy Bharti's stake in Indian JV

Rediff.com16 Dec 2013

Global retail giant Walmart has got fair trade regulator CCI's green signal for purchase of Bharti group's almost 50 per cent stake in their Indian joint venture for wholesale stores business.

Delhi HC bars Future-Reliance deal, attaches properties, imposes Rs 20 lakh fine

Delhi HC bars Future-Reliance deal, attaches properties, imposes Rs 20 lakh fine

Rediff.com18 Mar 2021

The Delhi high court on Thursday upheld the Singapore Emergency Arbitrator's (EA) order restraining Future Retail Ltd (FRL) from going ahead with its Rs 24,713 crore deal with Reliance Retail to sell its business, which was objected to by US-based e-commence giant Amazon.

DLF hits back at CCI; asks why no penalty on other realtors

DLF hits back at CCI; asks why no penalty on other realtors

Rediff.com15 May 2015

The order followed complaints against DLF Gurgaon Home Developers.

'How much more Indian can my film get?'

'How much more Indian can my film get?'

Rediff.com13 Oct 2022

'These accusations of my film being a copy only makes our chances at the Academy harder.'

Will AIBA's suspension be lifted before Olympics?

Will AIBA's suspension be lifted before Olympics?

Rediff.com25 Mar 2020

The International Olympic Committee (IOC) last year suspended AIBA, the International Boxing Association, over issues surrounding its finances and governance and took over the boxing competition and qualification for the 2020 Olympics.

Quota candidates with more marks are entitled to open seats, rules SC

Quota candidates with more marks are entitled to open seats, rules SC

Rediff.com28 Apr 2022

The Supreme Court on Thursday said that candidates belonging to the Other Backward Class category are required to be adjusted against the general category who were more meritorious than the last of the general category candidates appointed.

Jet board members liable for the crisis

Jet board members liable for the crisis

Rediff.com2 May 2019

Independent directors were supposed to safeguard the interest of all stakeholders.

Uber to drive into Indian sunset?

Uber to drive into Indian sunset?

Rediff.com20 Jan 2018

Comment by SoftBank board member sets off talk of Ola-Uber merger.

Valieva positive test was mix-up with grandfather's heart drug: IOC

Valieva positive test was mix-up with grandfather's heart drug: IOC

Rediff.com15 Feb 2022

Denis Oswald, the International Olympic Committee's permanent chair of the disciplinary commission, said Valieva claimed there was a mix-up at a Court of Arbitration for Sport (CAS) hearing into whether she should be allowed to continue competing.

Security provided to Nandigram returning officer: Bengal govt to EC

Security provided to Nandigram returning officer: Bengal govt to EC

Rediff.com4 May 2021

On Monday, the TMC leader had alleged that the returning officer of Nandigram did not order recounting of votes even after she demanded it as he feared for his life.

'The hardest part was to get the best out of Alia'

'The hardest part was to get the best out of Alia'

Rediff.com17 Aug 2022

'Alia's chemistry with Shefali was great, and you can't rehearse chemistry.'

'We need to reinvent the Pay Commission to link salaries with performance'

'We need to reinvent the Pay Commission to link salaries with performance'

Rediff.com16 Nov 2015

Manish Sabharwal is chairman of TeamLease, which has helped hire 1.4 million sales and customer service reps and logistics employees such as couriers for companies across India since it was founded in 2002.

Hike rates, end price war: govt nudges cell cos, airlines

Hike rates, end price war: govt nudges cell cos, airlines

Rediff.com13 Dec 2018

Move comes in view of big debt overhang in two sectors; companies unwilling.

Hike rates, end price war: govt nudges cell cos, airlines

Hike rates, end price war: govt nudges cell cos, airlines

Rediff.com13 Dec 2018

Move comes in view of big debt overhang in two sectors; companies unwilling.

Will court order unite AIADMK factions?

Will court order unite AIADMK factions?

Rediff.com19 Aug 2022

There is a sudden realisation in party circles that prolonged court cases could damage its standing, both among the cadres and voters, observes N Sathiya Moorthy.

Shorts: Kashyap in Canada Open SF; Lyles sets 200m high

Shorts: Kashyap in Canada Open SF; Lyles sets 200m high

Rediff.com6 Jul 2019

A summary of sports events and persons who made news on Friday.

Will Name Change Erase Faceook's Toxic Reality?

Will Name Change Erase Faceook's Toxic Reality?

Rediff.com29 Oct 2021

Adversarial Harmful Networks -- India Case Study, cited in Facebook whistleblower Frances Haugen's SEC complaints, revealed, among other things, that Facebook was a preferred platform for 'fear-mongering anti-Muslim narratives' in India, observes Devangshu Datta.

Amazon to create 1 mn jobs in India by 2025, says Bezos

Amazon to create 1 mn jobs in India by 2025, says Bezos

Rediff.com17 Jan 2020

The new jobs - created both directly and indirectly - will be across industries, including IT, skill development, content creation, retail, logistics, and manufacturing.

Sun, Ranbaxy may be asked to sell some businesses for CCI approval to merger

Sun, Ranbaxy may be asked to sell some businesses for CCI approval to merger

Rediff.com15 Oct 2014

A source said the competition watchdog would by next month suggest 'structural remedies' that included selling key drug segments as conditions for clearing the country's largest pharmaceutical industry merger.

PM unveils Gati Shakti master plan for infrastructure

PM unveils Gati Shakti master plan for infrastructure

Rediff.com13 Oct 2021

Prime Minister Narendra Modi on Wednesday launched a Rs 100 lakh crore national master plan for multi-modal connectivity that aims to develop infrastructure to reduce logistic costs and boost the economy. PM Gati Shakti targets to cut logistic costs, increase cargo handling capacity and reduce the turnaround time, Modi said at a function to launch the plan. The plan aims to lend more power and speed to projects by connecting all concerned departments on one platform, he said, adding the infrastructure schemes of various ministries and state governments will be designed and executed with a common vision.

Bengal to go to polls in 6th phase amid Covid 2nd wave

Bengal to go to polls in 6th phase amid Covid 2nd wave

Rediff.com21 Apr 2021

Security measures have been heightened in view of the violence in the previous phases, particularly the death of five people in Cooch Behar in the fourth phase of polling on April 10, an Election Commission official said.

Wait for cheaper drugs might get longer

Wait for cheaper drugs might get longer

Rediff.com3 Mar 2016

Lobby group tells USTR it has got assurance from India on compulsory licensing.

Microsoft-Nokia deal receives CCI's green signal

Microsoft-Nokia deal receives CCI's green signal

Rediff.com29 Oct 2013

Fair trade watchdog CCI has approved Microsoft's proposed $7.2 billion acquisition of Nokia's mobile devices business, citing that the deal would not have adverse impact on competition in the Indian market.

Flipkart sale under ED lens

Flipkart sale under ED lens

Rediff.com15 Oct 2014

According to sources, the directorate has sent a letter to Flipkart on the basis of complaints received after the Big Billion Day sale on October 6.

S&P index to remove Adani Ports for links with Myanmar military

S&P index to remove Adani Ports for links with Myanmar military

Rediff.com13 Apr 2021

S&P Dow Jones Indices on Tuesday said it will remove Adani Ports and Special Economic Zone from its sustainability index following reports of its business ties with Myanmar's military that has been accused of human rights violations after a coup. The Adani Group firm is building a $290 million port in Yangon. In a statement, S&P Dow Jones Indices said: "Adani Ports and Special Economic Zone will be removed from the Dow Jones Sustainability Indices following a media and stakeholder analysis triggered by recent news events pointing to heightened risks to the company regarding their commercial relationship with Myanmar's military, who are alleged to have committed serious human rights abuses under international law."

Neeraj to lead 37-member athletics team in CWG 2022

Neeraj to lead 37-member athletics team in CWG 2022

Rediff.com16 Jun 2022

The Athletics Federation of India (AFI) on Thursday named a 37-member Indian athletics team, to be led by Olympic champion javelin thrower Neeraj Chopra, for the upcoming Commonwealth Games.

Amazon's Bezos invests another $1 bn in India

Amazon's Bezos invests another $1 bn in India

Rediff.com15 Jan 2020

In December last year, Amazon invested over Rs 1,700 crore into its payments and wholesale business units in India, while in October it had infused over Rs 4,400 crore (more than USD 600 million) in its various units in India, including marketplace and food retail. Bezos last visited India in 2014 when he presented Amazon's Indian unit with a giant cheque for USD 2 billion. Since then, Amazon has pledged a further USD 3.5 billion to expand in the country and the USD 1 billion investment announced on Wednesday would take the total committed investment to USD 6.5 billion.

Where Does AIADMK Go From Here?

Where Does AIADMK Go From Here?

Rediff.com12 Jul 2022

There is nothing to suggest that the DMK stands to gain from the AIADMK split nor is there anything indicative of an extraordinary advantage for the BJP, independently or in the company of the AIADMK, explains N Sathiya Moorthy.