Fair trade regulator CCI on Friday ordered a probe against Google for its alleged abuse of dominant position. "In a well-functioning democracy, the critical role played by news media cannot be undermined, and it needs to be ensured that digital gatekeeper firms do not abuse their dominant position to harm the competitive process of determining a fair distribution of revenue amongst all stakeholders," CCI said. It added that the Commission is of prima facie view that Google has violated provisions of Section 4 of the Competition Act, 2002 which pertains to abuse of dominant position.
His cricketing brain, always sharp, was blessed with exceptional speed of information absorption and processing. He could quickly zero in on what needed to be done and use the element of surprise to overpower the opposition, observes Shreekant Sambrani.
It's hard to say because of the winner-take-all nature of new platform and network businesses, but Reliance has not been an efficient user of capital, and Adani numbers are varied, observes T N Ninan.
'These naval sailors should have been given due respect as freedom fighters.' 'February 18, 1946 should be as important as January 26 because that date changed everything.'
Telecom regulator Trai on Monday recommended about 39 per cent reduction in the reserve or floor price for the sale of spectrum for mobile services, including the latest 5G offering, as it looked to match revenue expectations with the industry's paying capacity. With large swathes of spectrum remaining unsold in the last two auctions, the Telecom Regulatory Authority of India (Trai) recommended to the government for selling airwaves in all existing bands of 700 MHz, 800 MHz, 900 MHz, 1800 MHz, 2100 MHz, 2300 MHz, 2500 MHz and new slots of 600 MHz, 3300-3670 MHz and 24.25-28.5 GHz. It has suggested a lower reserve price for all bands, compared to the prices proposed in the previous recommendations in 2018.
As the pandemic pushed employers to explore and adapt new ways to stay in the business, a survey has revealed that 6 out of 10 organisations have adopted 'work from home' policy post Covid-19 relaxations. Over 65 per cent of the employers have either introduced 'work from home' as a policy or are evaluating the same reflecting a maturity and the confidence in their employees, according to a survey by Grant Thornton Bharat. The survey was conducted online by Grant Thornton Bharat among 4,650 respondents across social media platforms.
Ratan Tata flagged off the Ferrari Magic India Discovery Tour near the Gateway of India in Mumbai on Monday.
Iran's decision to keep India out and welcome China to the scene is a huge strategic setback for India, observes Dr Rajaram Panda.
The groups plan to take on well-entrenched players like Amazon, Flipkart, and Paytm by merging their offline businesses with e-commerce initiatives.
Reliance Jio had proposed that besides satellite connectivity, In-Flight Connectivity can be provided using cellular network as well.
Scenes from a deserted Mumbai, something that most of us have never seen.
India has offered to place 14 of the 22 thermal power reactors under IAEA safeguards in a phased manner between 2006-14, Dr Kakodkar told a media conference, adding the agreement would not affect the country's strategic programme in any respect.
Prime Minister Narendra Modi on Thursday laid the foundation stone for the Noida International Airport at Jewar in Uttar Pradesh. It will be one of the largest aerodromes in Asia.
Rediff.com takes at look at the men and women of the Indian Navy taking part in preparations befitting a Naval celebration.
The notice stated that the actor said in her tweet that the "same Dadi" who featured in Time Magazine was "available in 100 rupees".
Anti-sabotage checks are being carried out and patrolling has been intensified across the city, including on the Yamuna river where patrolling is being conducted on motor boats by the Delhi Police. Anti-terrorist measures are being carried out in view of threat perception and intelligence inputs, they said.
The Reserve Bank of India on Wednesday extended the timeline by six months to comply with its guidelines related to recurring online transactions with Additional Factor of Authentication (AFA), but reprimanded players that the non-compliance is a "serious concern". RBI had directed all banks including RRBs, NBFCs, and payment gateways to comply with AFA for automatic recurring payment by March 31, 2021, in order to make digital transaction safe and protect customers from fraudulent transactions. However, some of the players failed to meet the deadline and approached the RBI seeking extension of the deadline.
While players in the financial ecosystem are opening up to the idea of receivables funding for the sector, this market needs a regulator, which a Parliament panel feels only RBI can provide.
According to industry insiders, India has 400 million smartphones and is the world's fastest-growing app market. So the addition or deletion of apps impacts the global valuations of these platforms. "Based on calls given by various local organisations to delete Chinese Apps, there will be an impact," said Blaise Fernandes, director at foreign policy think tank Gateway House. "All of them eventually will go the IPO (initial public offering) route so there would be economic impact also."
'India needs to learn in Kashmir how to spread development.' 'Pakistan needs to learn in Balochistan how to spread development.' 'China needs to learn in Xinjiang and Tibet.' 'And if they can show tangible benefits, there will be less terrorism.' 'No one wakes up in the morning saying 'I want to kill myself', right?'
We bring to you some of the best pictures from across the nation in the last one week.
By virtue of its position as a global repository of international financial expertise
Following the alleged desecration of the Maratha king's statue, miscreants in Belagavi shouted slogans and pelted government vehicles with stones and freedom fighter Sangolli Rayanna's statue was subsequently vandalised.
Prosus-backed fintech firm PayU is set to acquire India's earliest payment gateway BillDesk in an all-cash transaction of $4.7 billion. This will be the largest acquisition in India's digital payments space. The deal will also give exit to investors General Atlantic, TA Associates, Temasek, Clearstone Ventures, and Visa. The proposed acquisition will help PayU, the payments and fintech business of Prosus which operates in more than 20 markets, become one of the leading online payment providers globally by total payment volume (TPV).
Yuvraj is remembered for hitting six sixes in an over off Stuart Broad in the ICC T20 World Cup2007 and was awarded the Player of the Tournament in India's 2011 50-over World Cup triumph.
Of the 272-km Udhampur-Baramulla rail line, nearly 111-km stretch between Katra and Banihal is incomplete.
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.
Both sides expressed desire to expand scope of existing air services agreement and agree to continue discussion for the enhancement of capacities, frequencies and gateways for the benefit of the travelling public of two countries
India on Saturday recorded 89,129 new COVID-19 cases in a day, the highest daily rise in around six-and-half-months, taking the nationwide tally of infections to over 1.23 crore, according to the Union Health Ministry data on Saturday.
According to a first of its kind report on 'Ascertaining size of corruption in India with respect to money laundering', an individual spent over Rs 2,000 as a cost of corruption in 2009, which is 260 per cent higher than the amount borne by a citizen ten years back.
Gateway Hotels & Resorts are full service upscale hotels and resorts that are located in 21 cities and holiday destinations.
The service will cover areas where no network is available and will be provided by INMARSAT, which has 14 satellites.
Bilateral trade between India and China is likely to exceed $ 50 billion by 2010 with Suzhou Industrial Park in China playing a major role in it, China's Ambassador to India Sun Yuzi said on Wednesday.
Foreigners and NRIs would now be able to book train tickets in India online by using international debit and credit cards through IRCTC website.
More than three weeks have passed since the Reserve Bank of India's (RBI's) new guidelines on e-mandates for recurring payments came into effect but consumers are still taking to social media platforms to complain about the disruptions they are facing. This comes as most stakeholders in the ecosystem have not put in place systems in accordance with the new rules, resulting in many transactions not going through. Industry sources said most banks are still not ready, especially the smaller ones.
'Digital India' initiative has a huge potential, he said.
Facing criticism from social media and political quarters for holding a 'Free Kashmir' poster during the 'Occupy Gateway' protest against violence at Jawaharlal Nehru University, Mehak Prabhu, a Mumbai-based storyteller, on Tuesday clarified that she meant to highlight the restrictions imposed in Jammu and Kashmir and wished to see peace in the region and added that there was no other motive behind her actions.
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