News for 'The Competition Commission of India'

RSS's Panchjanya says Amazon is 'East India Company 2.0'

RSS's Panchjanya says Amazon is 'East India Company 2.0'

Rediff.com26 Sep 2021

In its latest edition, which will hit the stands on October 3, Panchjanya has carried a cover story that is highly critical of Amazon.

World wrestling chief urgesIOA to co-operate for sake of wrestlers

World wrestling chief urgesIOA to co-operate for sake of wrestlers

Rediff.com5 Jan 2024

UWW boss Nenad Lalovic also said the world body will require a "robust plan" from the stake-holders guaranteeing a "safe environment" where grapplers can report abuse and harassment, and a clear hearing process is in place.

India-born media veteran selected as new BBC chairman

India-born media veteran selected as new BBC chairman

Rediff.com7 Dec 2023

Dr Samir Shah, who was honoured with a CBE by Queen Elizabeth II in 2019 for services to television and heritage, will replace Richard Sharp, who had been forced to resign after his communication with former prime minister Boris Johnson came under scrutiny.

Google begins reinstating Indian apps after govt intervention

Google begins reinstating Indian apps after govt intervention

Rediff.com6 Mar 2024

Google on Tuesday began reinstating about 250 Indian apps it had delisted from its Play Store over a billing dispute as it caved in to government criticism, but the squabble may not yet be over.

Modi 3.0: 'Viksit Bharat' Reforms Not To Take Back Seat

Modi 3.0: 'Viksit Bharat' Reforms Not To Take Back Seat

Rediff.com13 Jun 2024

'The expeditious enactment of labour codes and strategic measures to bridge the skills jobs gap are critical.'

NEET-UG Results: What The Future Holds For Aspiring Doctors

NEET-UG Results: What The Future Holds For Aspiring Doctors

Rediff.com28 Jun 2024

As the CBI continues to probe into the NEET-UG paper leak case, career experts help us understand what the future holds for undergraduate medical aspirants.

Probe ordered against Volleyball Federation of India

Probe ordered against Volleyball Federation of India

Rediff.com20 Aug 2019

The probe follows a complaint by Sharavan Yadav, Amitsinh Tanwar and Lavmeet Katariya -- international volleyball players who have represented India in numerous tournaments, according to an order by the Competition Commission of India.

Rapido drives cabs into Uber, Ola lane

Rapido drives cabs into Uber, Ola lane

Rediff.com6 Dec 2023

There's a hint of new competition riding into a sector that has attracted attention for being in a duopoly-like situation. Rapido, a commute app known for its budget-friendly bike-taxi services, on Tuesday announced its entry into the cab market, which is currently dominated by marquee brands Uber and Ola. Rapido's cab foray will be enabled by a software as a service (SaaS)-based platform.

Tatas now 100% owner of Air India as Air Asia sells stake

Tatas now 100% owner of Air India as Air Asia sells stake

Rediff.com3 Nov 2022

Ending its uncomfortable journey in India after eight years, Malaysia-based AirAsia Group on Wednesday said it has exited AirAsia India by selling its remaining 16.67 per cent stake to Tata Group-owned Air India for Rs 155.64 crore. Later in the day, Air India said it has begun the process of creating a single low-cost carrier subsidiary by merging AirAsia India and Air India Express. A working group consisting AirAsia India CEO Sunil Bhaskaran and Air India Express CEO Aloke Singh has been formed for the two carriers' integration, which is expected to take approximately 12 months, it added.

Explained: How National Testing Agency functions

Explained: How National Testing Agency functions

Rediff.com27 Jun 2024

Here is an explainer on the functioning of the seven-year-old body.

As Karnataka ministers seek 3 more deputy CMs, Shivakumar says...

As Karnataka ministers seek 3 more deputy CMs, Shivakumar says...

Rediff.com25 Jun 2024

Seemingly expressing his displeasure against ministers demanding three more deputy chief minister posts in Karnataka, state Congress president D K Shivakumar on Tuesday said the party would respond to them appropriately.

It's raining job promises in Odisha

It's raining job promises in Odisha

Rediff.com13 May 2024

Despite declining by three percentage points in 2022-23 (FY23) compared to FY19, Odisha's unemployment rate remains higher than the average in India.

Google probed for alleged unfair business

Google probed for alleged unfair business

Rediff.com23 Jun 2021

The Competition Commission has ordered a detailed probe against Google for alleged anti-competitive practices in the smart television operating systems market in the country. After assessing a complaint, the watchdog has reached the prima-facie view that Google is dominant in the relevant market for licensable smart TV device operating systems in India. In a 24-page order, the Competition Commission of India (CCI) said that prima-facie mandatory pre-installation of all the Google applications under TADA amounts to imposition of unfair conditions on the smart TV device manufacturers.

'BJP Sent Maliwal On A Mission To Entangle Kejriwal'

'BJP Sent Maliwal On A Mission To Entangle Kejriwal'

Rediff.com29 May 2024

'I have no doubt that when she was prevented from meeting Kejriwal, she felt humiliated.'

'I Don't Know What I Am Going To Do'

'I Don't Know What I Am Going To Do'

Rediff.com25 Apr 2024

The political heat in West Bengal has been giving the rising mercury levels serious competition since the high court order.

UCC Can Wait, Personal Law Reforms Can't

UCC Can Wait, Personal Law Reforms Can't

Rediff.com8 Aug 2024

Crucial reforms in Muslim personal law, especially laws related to inheritance and adoption, need to be initiated forthwith; historically speaking, without the State's backing, hardly has any reform taken place or allowed to prevail, asserts Mohammad Sajjad.

Google faces anti-trust probes in India

Google faces anti-trust probes in India

Rediff.com30 Oct 2013

Internet major Google is facing probes by fair trade regulators in India, Europe and three other jurisdictions for alleged anti-competitive practices.

Some business practices of Google under lens

Some business practices of Google under lens

Rediff.com26 Apr 2013

CCI had initiated investigation into alleged anti-competitive practices by Google.

Power Grid Corporation stock in expensive zone

Power Grid Corporation stock in expensive zone

Rediff.com12 Jun 2024

Power Grid Corporation of India (PGCIL) was one of the top Sensex gainers in trade on Monday, ending with gains of nearly 9 per cent. The stock has gained about 42 per cent year-to-date. For the March quarter, the company reported a revenue of Rs 12,000 crore, which was down 3 per cent year-on-year (Y-o-Y) but up 4 per cent quarter-on-quarter (Q-o-Q). The drop was on account of one-time arrears related to the Nagapattinam tariff bid competitive bidding (TBCB) project in Q4 FY23.

Why is DLF again under competition watchdog's scanner?

Why is DLF again under competition watchdog's scanner?

Rediff.com4 Mar 2014

CCI has accused realty player DLF of preparing one-sided agreement with home buyers

NCERT tweaks references to Babri Masjid, Gujarat riots, Hindutva

NCERT tweaks references to Babri Masjid, Gujarat riots, Hindutva

Rediff.com6 Apr 2024

Dropping references to the demolition of Babri Masjid in Ayodhya, the killing of Muslims in Gujarat riots and Hindutva, and tweaking the reference to Manipur's merger with India are among the latest set of revisions made public by the National Council of Educational Research and Training (NCERT) in its textbooks.

E-com platform Shopee shuts India operations

E-com platform Shopee shuts India operations

Rediff.com29 Mar 2022

Singapore-based e-commerce platform Shopee - that launched in India only in December 2021 - has decided to close operations in the country. The official reason given by Shopee, which is controlled by NYSE-listed Sea Ltd, is changing global sentiments. In a statement, it said, "In view of the global market uncertainties, we have decided to close risks of our early-stage Shopee India initiative." The e-commerce platform has been hit by growing opposition from trade associations led by Praveen Khandelwal as well as homegrown social commerce start-ups.

Quality Lapses Shut Down Drug Makers

Quality Lapses Shut Down Drug Makers

Rediff.com28 Jun 2024

Most of the pharma units are failing in documentation, and validation processes, and many don't have full-fledged quality control laboratories.

India: Anti-monopoly watchdog still in existence

India: Anti-monopoly watchdog still in existence

Rediff.com17 Jul 2009

India's anti-trust body CCI, which would ultimately replace MRTPC, is an independent body responsible for investigating mergers, market shares and conditions and the regulation of firms. Section 66 of the Competition Act deals with repealing and dissolution of the MRTPC Act, 1969. With the operationalisation of CCI, MRTPC was supposed to stop entertaining new cases and was to deal with pending cases for two years before being completely dissolved.

FIH names Sreejesh as co-chair of Athletes Committee

FIH names Sreejesh as co-chair of Athletes Committee

Rediff.com28 Mar 2024

The FIH Athletes Committee serves as a consultative body and makes recommendations to the FIH Executive Board, FIH Committees, Advisory Panels and other bodies.

How Netflix Finally Got It Right In India

How Netflix Finally Got It Right In India

Rediff.com20 Sep 2023

Its success script: Investing more in local content ecosystem; growing its partnership footprint.

NCLAT reserves order on Amazon's plea against CCI ruling

NCLAT reserves order on Amazon's plea against CCI ruling

Rediff.com26 Apr 2022

The National Company Law Appellate Tribunal (NCLAT) has reserved its order on Amazon's plea challenging the decision of regulator CCI to suspend approval for the e-commerce major's deal with Future Coupons. In December last year, Competition Commission of India (CCI) suspended the approval given by it in 2019 for Amazon's deal to acquire a 49 per cent stake in Future Coupons Pvt Ltd (FCPL). The regulator had said that Amazon suppressed information while seeking clearances for the transaction back then and also slapped a fine of Rs 202 crore on the company.

What PhonePe did differently from Paytm

What PhonePe did differently from Paytm

Rediff.com12 Mar 2024

'We went from zero to about 10 million users in three months. Paytm came out with the wallet play and we came out with the UPI play.'

CCI orders probe into Google's revenue share with news publishers

CCI orders probe into Google's revenue share with news publishers

Rediff.com25 Mar 2022

The Competition Commission of India has ordered a probe into complaints against Google for allegedly abusing its dominant position in the online news market.

Sebi ban not a problem: Zee's Goenka to staff

Sebi ban not a problem: Zee's Goenka to staff

Rediff.com17 Jul 2023

The merger of ZEE Entertainment and Sony has reached an advanced stage of completion, and the issues faced by promoters with Sebi should not become a problem for the company, debarred ZEEL MD Punit Goenka has said in a letter to employees, according to sources. Goenka, who along with his father Subhas Chandra, was denied any interim relief against a Sebi order that barred them from holding the position of director or key managerial post in any listed company, in the letter ZEE Entertainment Enterprises Ltd (ZEEL) staff asserted that the merger of Culver Max (earlier known as Sony Pictures Networks India) is at a very important juncture. With the Securities Appellate Tribunal (SAT) restricting him from holding a directorial or key managerial position in a listed company, Goenka told the employees that the ZEEL board has constituted an interim committee of senior executives to ensure smooth operations and day-to-day functioning.

Narayana Murthy urged to extend support to antitrust probe against Amazon

Narayana Murthy urged to extend support to antitrust probe against Amazon

Rediff.com11 Aug 2021

Indian Sellers Collective (ISC), a trade association of micro and small enterprises and family businesses, on Wednesday urged IT veteran NR Narayana Murthy to cooperate in the Competition Commission of India's antitrust probe against Amazon for alleged anti-competitive practices. In 2014, Murthy's Catamaran and Amazon had formed a joint venture, Prione Business Services. On Monday, the partners announced that they have mutually decided not to continue the JV beyond May 2022. ISC thanked Murthy for deciding to end the joint venture with Amazon.

Dalal is BJP's 1st Lok Sabha MP to be elected unopposed

Dalal is BJP's 1st Lok Sabha MP to be elected unopposed

Rediff.com22 Apr 2024

When the Bharatiya Janata Party's Mukesh Dalal was declared elected unopposed to the Lok Sabha from Surat on Monday, he became the first candidate to achieve the feat from Gujarat since its formation 64 years ago though the erstwhile state of Saurashtra saw a similar instance in 1951.

Zee, Sony to sell 3 Hindi channels to address CCI concerns

Zee, Sony to sell 3 Hindi channels to address CCI concerns

Rediff.com27 Oct 2022

Sony India and Zee Entertainment Enterprises (ZEEL) have agreed to sell three Hindi channels--Big Magic, Zee Action and Zee Classic--to address anti-competition concerns arising out of their proposed merger. The broadcasters submitted their proposal to the Competition Commission of India (CCI), which gave a conditional approval on October 4. On Wednesday, the CCI made public its detailed 58-page order, specifying the channels that would be dropped.

Poll Schedule Works Against First Phase Contestants

Poll Schedule Works Against First Phase Contestants

Rediff.com9 Apr 2024

Constituencies that are going to the polls in the first phase, slated for April 19, have just 19 days for campaigning. Contrast that with those going to polls in the 7th phase, notes N Sathiya Moorthy.

BCCI slapped Rs 52cr fine for unfair trade practices

BCCI slapped Rs 52cr fine for unfair trade practices

Rediff.com8 Feb 2013

Fair trade regulator Competition Commission said held that the Board of Control for Cricket in India indulged in anti-competitive practices and slapped a penalty of Rs 52.24 crore on it.

L&T takes on global peers with electrolyser play

L&T takes on global peers with electrolyser play

Rediff.com27 Feb 2024

Engineering conglomerate Larsen & Toubro (L&T) is preparing the ground to begin the commercial sale of electrolysers in September, which would be 50 per cent cheaper than its European counterparts, a senior company executive has said. An electrolyser is a key equipment required for the generation of green hydrogen. Last quarter, L&T manufactured its first electrolyser as a prototype.

UDAN international plan under cloud as AirAsia India fails to get permit

UDAN international plan under cloud as AirAsia India fails to get permit

Rediff.com26 Jul 2022

Tata group-owned AirAsia India's inability to get approval for international flights is hurting UDAN, the Indian government's regional air connectivity project that also aims to link cities in Northeast India and Odisha to places abroad. Sources said the civil aviation ministry is waiting for the low-cost airline to come under the full ownership of Tata Sons and become part of Air India, the former state-owned carrier now owned by the private conglomerate, before allowing it to operate international flights. Tata owns 84 per cent stake in AirAsia India and it is understood that the group will complete the process of buying rest of the stake by July's end.

CCI investigating patent spat with Micromax: Ericsson

CCI investigating patent spat with Micromax: Ericsson

Rediff.com28 Nov 2013

The Competition Commission of India will launch an investigation of Ericsson in regard to a patent dispute with Indian firm Micromax, Ericsson said.

Tasks Cut Out For New Commerce Secretary

Tasks Cut Out For New Commerce Secretary

Rediff.com26 Sep 2022

The government is targeting export of goods and services worth $2 trillion by 2030.

Unhappy BCCI to appeal against hefty CCI penalty

Unhappy BCCI to appeal against hefty CCI penalty

Rediff.com8 Feb 2013

The Board of Control for Cricket in India is "very unhappy" with Fair trade regulator Competition Commission of India's decision to impose a hefty penalty of Rs 52.24 crore for indulging in anti-competitive practices and is planning to seek legal recourse in this regard.