News for 'The Future of Competition'

World Boxing chief's clarion call to save Olympic dream

World Boxing chief's clarion call to save Olympic dream

Rediff.com9 Sep 2024

The Asian Boxing Confederation last month decided to stay with the IBA.

'Growth Of Cheese Market In India Is Exponential'

'Growth Of Cheese Market In India Is Exponential'

Rediff.com1 Nov 2024

'Only 20 per cent of families in India buy cheese twice once a year.'

Amazon challenges CCI over suspension of 2019 Future deal

Amazon challenges CCI over suspension of 2019 Future deal

Rediff.com10 Jan 2022

Amazon has filed a legal challenge at the National Company Law Appellate Tribunal (NCLAT) against the Competition Commission of India's (CCI) suspension of the US e-commerce giant's 2019 deal with Future Retail (FRL). Amazon has challenged the CCI order on at least five grounds, and the matter is likely to be listed this week, according to the sources. Parallelly, Amazon's Indian unit has approached the Supreme Court against a halt on an arbitration case against Future Retail's (FRL) asset sale to Reliance Industries (RIL).

Q-com's growth disrupting retail, say distributors

Q-com's growth disrupting retail, say distributors

Rediff.com27 Aug 2024

Fast-moving consumer goods (FMCG) distributors' association has written to the Ministry of Commerce and Industry, expressing its apprehensions that the "unchecked expansion" of quick commerce platforms was leading to severe disruptions in the retail ecosystem. India Consumer Products Distributors Federation on Thursday shot an email to the government, saying that significant challenges were posed by the rapid growth of quick commerce platforms such as Blinkit, Zepto and Instamart to the traditional retail sector and the FMCG distribution network in the country.

Warring sibling promoters put Hikal's future at stake, says InGovern

Warring sibling promoters put Hikal's future at stake, says InGovern

Rediff.com15 May 2023

The infighting between the two promoters of Hikal-Baba Kalyani and sister Sugandha Hiremath-has put the company's growth at stake, InGovern has said in a note. The corporate governance firm has called for a change in the management and an overhaul of its board to protect the interest of minority shareholders, who own almost a third of the specialty chemicals company. The Kalyani and Hiremath families are mired in a legal dispute, with the latter seeking transfer of ownership of shares held by the Kalyani group, citing nearly three-decade old family arrangement.

HC dismisses Future's plea for termination of Amazon case

HC dismisses Future's plea for termination of Amazon case

Rediff.com4 Jan 2022

The Delhi high court on Tuesday dismissed the pleas moved by Future Group companies seeking a direction to the arbitration tribunal, which is adjudicating on Amazon's objections against their deal with Reliance, to take a decision on their application for the termination of the arbitration proceedings before moving any further. "Both the petitions are dismissed," said Justice Amit Bansal, who had reserved the order on the petitions filed by Future Coupons Private Limited (FCPL) and Future Retail Limited (FRL) on January 3. The judge said the orders would be uploaded on the website of the high court shortly.

Future Retail independent directors drag Amazon to CCI

Future Retail independent directors drag Amazon to CCI

Rediff.com8 Nov 2021

Amazon violated FDI norms, allege Future Retail independent directors.

Saina backs Sindhu to find winning touch in Paris

Saina backs Sindhu to find winning touch in Paris

Rediff.com5 Jul 2024

London 2012 Bronze medalist Saina Nehwal believes PV Sindhu can rediscover her winning form in time for the Paris Games

Who Will Captain DC, KKR, LSG, RCB?

Who Will Captain DC, KKR, LSG, RCB?

Rediff.com1 Nov 2024

A wave of high-profile player releases, including four prominent captains -- Shreyas Iyer, K L Rahul, Rishabh Pant, and Faf du Plessis -- has reshaped the landscape of the league.

Notices issued to CCI, Future Coupons over Amazon's plea

Notices issued to CCI, Future Coupons over Amazon's plea

Rediff.com13 Jan 2022

The National Company Law Appellate Tribunal (NCLAT) on Thursday issued notices over the petition filed by e-commerce major Amazon, challenging a recent order passed by the fair trade regulator CCI that suspended the over-two-year-old approval for its deal with Future Coupons Pvt Ltd (FCPL). The appellate tribunal has directed the Competition Commission of India (CCI) and FCPL to file their reply in next 10 days and Amazon to file a rejoinder over it. It has directed to list the matter on February 2, for next hearing.

IPL Auction: 10 Wicket-Keepers to Watch Out For

IPL Auction: 10 Wicket-Keepers to Watch Out For

Rediff.com23 Nov 2024

As the auction approaches, here are the 10 wicketkeeper-batters who are poised to attract significant attention making them among the most sought-after players for IPL 2025.

Kerala Blasters' fate: AIFF disciplinary panel proceedings begin

Kerala Blasters' fate: AIFF disciplinary panel proceedings begin

Rediff.com7 Mar 2023

The AIFF disciplinary committee begun proceedings to decide Kerala Blasters' fate after they walked out of their ISL match against BFC.

Amazon-Future tussle gets murkier

Amazon-Future tussle gets murkier

Rediff.com26 Nov 2020

Kishore Biyani-led Future Retail Ltd on Thursday accused e-commerce giant Amazon of adopting a media strategy of "having every development reported and converted into a line of communication with stock exchanges" regarding the Amazon-Future Coupons' arbitration proceedings in Singapore. The Court of Singapore International Arbitration Centre (SIAC) had turned down a plea of Future Retail Ltd (FRL) to be excluded from being a party to arbitration. In a regulatory filing disclosing the development, FRL said,"...this disclosure is being made out of abundant caution to avoid any speculation given Amazon's media strategy of having every development reported and converted into a line of communication with stock exchanges."

'Should I Spend 40L To Send Son Abroad For MS?'

'Should I Spend 40L To Send Son Abroad For MS?'

Rediff.com26 Aug 2024

Given the prevailing employment market, uncertainty in the United States and the exorbitant expenses associated with studying abroad, it would be prudent for your son to acquire professional experience in India initially, advises rediffGURU Pananjay Tiwari.

'Direct Transfer Of Money Is Bribing Voters'

'Direct Transfer Of Money Is Bribing Voters'

Rediff.com26 Nov 2024

'For politicians, winning the next election has become more important than economic stability of the country and broader national interest.'

IPL 2022 will throw open options of future India captains

IPL 2022 will throw open options of future India captains

Rediff.com22 Mar 2022

'One thing I can say is that they would be watching the fast-bowling department more than anything else as they are going to Australia in four months' times after the IPL.'

'I'm Not Very Optimistic About The ISL'

'I'm Not Very Optimistic About The ISL'

Rediff.com17 Sep 2024

'Indian football needs to work together and move in the same direction.' 'Only then will the competition in India improve, and the Indian national team will improve.'

Jio's network cost per tower less than Airtel's but gap shrinking: Analysts

Jio's network cost per tower less than Airtel's but gap shrinking: Analysts

Rediff.com5 Sep 2024

The network cost per tower of Reliance Jio is lower than its rival Bharti Airtel even as the gap between them is narrowing due to the latter cutting costs at a faster pace, analysts said. While the energy cost per tower for both telcos is reducing, Airtel has managed to reduce costs at a faster pace, brokerage firm IIFL Securities said in a research note. "Jio used to enjoy 35 per cent lower network cost per tower, including the right of use (RoU) depreciation and lease finance cost, versus Bharti four years back. This gap has now (FY24) narrowed to 7 per cent," it said.

AI Disruption Is REAL & Happening FAST!

AI Disruption Is REAL & Happening FAST!

Rediff.com28 Aug 2024

When AI is used to enhance operational efficiency, businesses can deliver the same product or service but with improved quality, faster, or even at a reduced cost

Army unveils comprehensive roadmap for 2036 Olympics

Army unveils comprehensive roadmap for 2036 Olympics

Rediff.com1 Oct 2024

The conclave drew valuable insights from former athletes and Olympians, including celebrated ones such as Anju Bobby George, Mary Kom, and Tarundeep Rai, all of whom shared their personal experiences and perspectives on what it takes to excel at the highest levels of sports.

'Do you need a bowling coach when I am here?': Zaheer

'Do you need a bowling coach when I am here?': Zaheer

Rediff.com28 Aug 2024

Former India pacer Zaheer Khan on Wednesday assumed the role of Lucknow Super Giants team mentor.

Future Retail guilty of financial irregularities, says Amazon

Future Retail guilty of financial irregularities, says Amazon

Rediff.com26 Nov 2021

US e-commerce giant Amazon has written to the independent directors of Future Retail Limited (FRL), including Gagan Singh, Ravindra Dhariwal and Jacob Mathew, and its audit committee, providing data and alleging that there have been significant financial irregularities to the prejudice of public shareholders, banks, creditors, and third-party suppliers. Amazon has said this warrants a thorough and independent examination of all relevant facts and related-party transactions, including of past financial years, by an independent agency. Separately, Amazon has written to Securities and Exchange Board of India Chairman Ajay Tyagi, seeking the withdrawal of the regulator's conditional approval granted to FRL related to the merger deal between the Future group and Reliance.

Coronavirus: No Archery competitions until June end

Coronavirus: No Archery competitions until June end

Rediff.com26 Mar 2020

World Archery said that the dates if any event will be announced no later than two months in advance to allow athletes time to prepare.

'Our golden girl Avani Lekhara did it again'

'Our golden girl Avani Lekhara did it again'

Rediff.com30 Aug 2024

PM Modi congratulated Avani Lekhara and Mona Agarwal for winning medals in the women's 10m air rifle final at the ongoing Paris Paralympics

Amazon India Head Quits

Amazon India Head Quits

Rediff.com7 Aug 2024

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

Games: Malay duo run Chinese opponents ragged in close fight

Games: Malay duo run Chinese opponents ragged in close fight

Rediff.com27 Jul 2024

Pearly Tan and Muralitharan Thinaah put up a passionate fight as they came close to pulling off an upset, going neck-and-neck in both games before the Chinese pair prevailed 21-17, 22-20.

Neeraj opens up about fitness concerns

Neeraj opens up about fitness concerns

Rediff.com9 Aug 2024

'It's not good in sport, it's not good to push and continue. If you want to run a long career then you have to be fit and healthy but there are competitions where you can't make a decision. Now we will work on this and work on the technique.'

World Savings Day: Your Career Is Your BIGGEST Saving!

World Savings Day: Your Career Is Your BIGGEST Saving!

Rediff.com30 Oct 2024

The best way to achieve financial security isn't by cutting out every vada pav or limiting yourself to home-cooked meals; it's by making yourself indispensable at work, says Vatsal Ramaiya.

England great Anderson retires with one final flourish

England great Anderson retires with one final flourish

Rediff.com12 Jul 2024

James Anderson concluded his illustrious 21-year international cricket career with his 704th and final wicket on Friday during England's commanding victory over West Indies

Udhayanidhi Stalin And The Sound of Silence

Udhayanidhi Stalin And The Sound of Silence

Rediff.com11 Oct 2024

Tamil Nadu's Deputy Chief Minister Udhayanidhi Stalin has reacted to Andhra Pradesh counterpart Pawan Kalyan's out-of-turn taunts with a one-liner, 'Let's wait', and thereby hangs a tale, notes N Sathiya Moorthy.

India's bittersweet Paris Olympics: 6 medals, 6 heartbreaks

India's bittersweet Paris Olympics: 6 medals, 6 heartbreaks

Rediff.com12 Aug 2024

Six medals from a 117-strong contingent is not ideal but India had its moments of joy, hope, frustration, and heartache.

AI will play big role here: Google India MD

AI will play big role here: Google India MD

Rediff.com3 Oct 2024

Having marked a 20-year milestone in India, global tech giant Google is upbeat about its next innings here with Artificial Intelligence (AI) playing a big role in it, India MD Roma Datta Chobey said on Thursday, adding that the company is aligning its vision and strategy fully to the country's growth and ambitions. In an interview to PTI, Chobey said Google believes that AI should be regulated but in a way that strikes a fine balance between user benefit -- which is "still at a nascent stage" -- and at the same time, fosters innovation.

Qualcomm launches India-made chip to compete with MediaTek in 5G market

Qualcomm launches India-made chip to compete with MediaTek in 5G market

Rediff.com31 Jul 2024

Qualcomm launched its new affordable, India-designed chipset, the Snapdragon 4s Gen 2, on Tuesday. This chipset will enable mobile device makers to sell 5G smartphones operating on a standalone (SA) network for Rs 8,300 or less.

Mankind Pharma to lead in Indian women's health market after BSV deal

Mankind Pharma to lead in Indian women's health market after BSV deal

Rediff.com29 Jul 2024

New Delhi-based pharmaceutical major Mankind Pharma is poised to take pole position in women's health portfolio in the India Pharma Market (IPM) after completing the Rs 13,630 crore deal to acquire Bharat Serums and Vaccines (BSV), senior company officials said. The deal potentially opens doors for Mankind Pharma to the overseas markets, which currently draws 92 per cent of its revenues from India. The combined entity will draw around 13 per cent revenues from the international market, with the remaining coming from the domestic market.

'I was in depression; thought of committing suicide': Harmilan Bains

'I was in depression; thought of committing suicide': Harmilan Bains

Rediff.com12 Sep 2024

Harmilan Bains revealed that she struggled with depression after missing the Paris Olympic Games because of injury.

Nadal beats Borg Jr to advance in Bastad

Nadal beats Borg Jr to advance in Bastad

Rediff.com17 Jul 2024

Nadal on the US Open entry list

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.

Heartbreak fuels South Africa's World Cup dream

Heartbreak fuels South Africa's World Cup dream

Rediff.com30 Jun 2024

Markram hoped that this would be the first of more finals to come, in particular when South Africa host the 50-over Cricket World Cup in 2027.

Nayab Singh Saini's Haryana Challenges

Nayab Singh Saini's Haryana Challenges

Rediff.com17 Oct 2024

Haryana has done well in terms of economic growth over the last couple of decades. For it to continue to lead the growth ladder, the new government has to work hard on multiple dimensions, recommend Shishir Gupta and Rishita Sachdeva.

'Capital Gains Tax Changes May Impact Investment Behaviour'

'Capital Gains Tax Changes May Impact Investment Behaviour'

Rediff.com5 Aug 2024

'Volumes in F&O trading had gone up rapidly and, in a way, the increase in STT on F&O will protect investor interest.'