News for 'US Trade Commission'

Has India's anti-trust watchdog lost its drive?

Has India's anti-trust watchdog lost its drive?

Rediff.com20 May 2016

The number of cases being admitted and investigated by the Competition Commission of India has fallen drastically in recent years.

'Taliban not involved in Kashmir violence'

'Taliban not involved in Kashmir violence'

Rediff.com11 Nov 2021

'It was always anticipated that the return of the Taliban would embolden armed Islamists including anti-India groups like the Lashkar and Jaish.'

'I could see hundreds of Pakistanis advancing towards us'

'I could see hundreds of Pakistanis advancing towards us'

Rediff.com14 Oct 2022

'The Battle of Jamalpur was a turning point in the 1971 War because a small battalion of 700 men broke the back of the Pakistanis.'

Does Modi have an Economic Road Map?

Does Modi have an Economic Road Map?

Rediff.com17 Sep 2021

Pragmatism and flexibility is a virtue. An untethered and short-term approach to policymaking is a flaw, argues Mihir S Sharma.

UK PM signs 'historic' Brexit deal after overwhelming vote in Parliament

UK PM signs 'historic' Brexit deal after overwhelming vote in Parliament

Rediff.com30 Dec 2020

The 80-page bill, which follows a last-minute deal agreed with the EU last week, just days before the December 31 deadline of the end of the Brexit transition period, was debated by MPs in the House of Commons followed by the House of Lords.

US sues Facebook over acquiring WhatsApp, Instagram

US sues Facebook over acquiring WhatsApp, Instagram

Rediff.com10 Dec 2020

Social media giant accused of anti-competitive conduct by abusing its market power to create a monopoly and crushing smaller competitors.

'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.'

Another storm brewing on Wall Street?

Another storm brewing on Wall Street?

Rediff.com12 Feb 2021

Given the dimensions, it is bound to have at least ripple effects across markets. Could ripple turn into cascade? asks Devangshu Datta.

Amazon, Flipkart, 3 others issued notices for selling faulty pressure cookers

Amazon, Flipkart, 3 others issued notices for selling faulty pressure cookers

Rediff.com22 Nov 2021

The Central Consumer Protection Authority (CCPA) has issued notices to five e-commerce entities, including Amazon, Flipkart and PaytmMall, as well as various sellers for offering pressure cookers that are non-compliant with BIS norms. The notices were issued on November 18 to Flipkart, Amazon, Snapdeal, Shopclues and PaytmMall, and the sellers. As part of celebrations of 75 years of Independence - 'Azadi ka Amrit Mahotsav', CCPA has initiated a country-wide campaign to prevent sale of spurious and counterfeit goods that violate Quality Control Orders published by the Centre, the government said in a statement on Monday.

Delhi govt withdraws new excise policy facing CBI probe

Delhi govt withdraws new excise policy facing CBI probe

Rediff.com30 Jul 2022

Deputy Chief Minister Manish Sisodia accused the Bharatiya Janata Party of using agencies like the CBI and Enforcement Directorate to threaten liquor licensees and excise officials but the BJP alleged that the AAP government's 'rushed' move was an 'admission of violations and corruption' and it was 'scared' of the CBI probe.

Maha govt to move resolution against farm laws

Maha govt to move resolution against farm laws

Rediff.com5 Jul 2021

Rejection of the three central agriculture laws is one of the three resolutions approved by the Maharashtra cabinet on Sunday which will be moved in the monsoon session of the state legislature beginning Monday, sources said.

Sensex ends in the red amid volatile trade; IT, auto, realty fall

Sensex ends in the red amid volatile trade; IT, auto, realty fall

Rediff.com24 Mar 2015

The 30-share Sensex ended down 30.30 points at 28,161.72 and the 50-share Nifty dipped 7.95 points at 8,543.

Amazon shuts down Westland publishing house 6 years after buying it

Amazon shuts down Westland publishing house 6 years after buying it

Rediff.com1 Feb 2022

Much to the disappointment of booklovers, Westland, one of the largest publishing houses in India, is being shut down by e-commerce giant Amazon, they announced on Tuesday.

Veteran Communist leader and ex-Kerala CM Achuthanandan turns 98

Veteran Communist leader and ex-Kerala CM Achuthanandan turns 98

Rediff.com20 Oct 2021

Veteran Communist leader and former Chief Minister of Kerala, V S Achuthanandan turned 98 on Wednesday.

Complaint is possible for Ulip claim

Complaint is possible for Ulip claim

Rediff.com27 Feb 2020

Consumer activist Jehangir B Gai explains an important new ruling by the National Commission.

Trade with China: Montek plays down security concerns

Trade with China: Montek plays down security concerns

Rediff.com27 Nov 2012

Montek welcomes investment in infrastructure; deals worth over $5 billion signed at the 2nd India-China Strategic Economic Dialogue.

More jobs? Make trade unions LESS relevant!

More jobs? Make trade unions LESS relevant!

Rediff.com24 Aug 2011

Trade unions have to become much less relevant to India's future if we have to recognise that job-creation is more important than job preservation, says TeamLease CEO Manish Sabharwal.

'We should pay more attention to China'

'We should pay more attention to China'

Rediff.com18 May 2022

'Our competitiveness with China is very important.' 'If the exchange rate depreciates, it is good for us because it helps in our competitiveness.'

'We want govt to compensate death of farmers'

'We want govt to compensate death of farmers'

Rediff.com23 Nov 2021

'Only then will we withdraw the agitation.'

When Politics Scuttles Economic Reforms

When Politics Scuttles Economic Reforms

Rediff.com14 Mar 2022

People like Manmohan Singh and P Chidambaram, who as finance minister had fully supported the NPS, refuse to exercise their moral and political influence to try and stop Ashok Gehlot and others hell-bent on wrecking the states' finances, notes Virendra Kapoor.

Why India Needs Another Aircraft Carrier

Why India Needs Another Aircraft Carrier

Rediff.com16 Aug 2022

The navy is pushing hard for IAC-2 to be a 65,000-tonne, flat deck carrier that is designed and built in India, with technical and tactical consultation from the US navy -- the global masters in aircraft carrier operations.

After fiery debate, Clinton, Trump trade barbs at charity event

After fiery debate, Clinton, Trump trade barbs at charity event

Rediff.com21 Oct 2016

Clinton and Trump came face-to-face at a white-tie charity dinner at the Waldorf Astoria, barely 24 hours after they clashed with each other at the third and final vitriolic presidential debate in Las Vegas.

Can't accept Amazon offer until legally viable: Future's ind directors

Can't accept Amazon offer until legally viable: Future's ind directors

Rediff.com24 Jan 2022

Future Retail's independent directors had last week asked Amazon if it was willing to give a long-term loan to avoid default on repayment of Rs 3,500 crore loan due on January 29. Amazon replied to that saying it was willing to financially assist Future Retail through the Samara Capital deal but the retailer must shelve Rs 24,713 crore deal with the Reliance group.

Facebook shared data with Samsung, Apple and others: Report

Facebook shared data with Samsung, Apple and others: Report

Rediff.com4 Jun 2018

FB gave these companies access to information of users and even their friends.

SC seeks status report on Lakhimpur incident

SC seeks status report on Lakhimpur incident

Rediff.com7 Oct 2021

The apex court has also sought details of the Special Investigation Team (SIT) and the judicial enquiry commission, reportedly set up by the state government.

Full text: President Murmu's address to Parliament's Budget Session

Full text: President Murmu's address to Parliament's Budget Session

Rediff.com31 Jan 2023

'Wherever in the world there is political instability, those countries are beset with severe crises today. But India is in a much better position than the rest of the world due to the decisions taken by my government in the national interest,' President Droupadi Murmu said in her address to both Houses of Parliament.

Tribunal to hear Amazon's plea to stay CCI order on Feb 14

Tribunal to hear Amazon's plea to stay CCI order on Feb 14

Rediff.com7 Feb 2022

The National Company Law Appellate Tribunal (NCLAT) will hear e-commerce major Amazon's interim plea on February 14, seeking a stay over the order passed by fair trade regulator CCI that had suspended the over two-year-old approval for its deal with Future Coupons Pvt Ltd (FCPL). A three-member bench on Monday directed to list Amazon's plea on February 14 to pass an interim order and stay the operations of the order passed by the Competition Commission of India (CCI) in December last year till it finally decides the matter. "The registry is directed to list on February 14 for hearing," said the NCLAT bench. The appellate tribunal also directed to list the appeals filed by the Confederation of All India Traders (CAIT) and All India Consumer Product Distributors Federation on the same date.

India's Chinese app ban may hit their valuations

India's Chinese app ban may hit their valuations

Rediff.com1 Jul 2020

The banned Chinese apps, which include TikTok, Shareit and UC Browser, earn revenue mainly from online advertisements, subscriptions, and commissions for selling products. India is the biggest driver of these Chinese apps due to the population. The ban on the 59 Chinese apps will negatively affect the valuations of the companies, especially those going for IPO.

Documents you must keep handy to file income tax returns

Documents you must keep handy to file income tax returns

Rediff.com11 Jul 2022

The Income-Tax (I-T) Department nowadays provides pre-filled forms to make the filing of income-tax return (ITR) easier. Nonetheless, you must have a number of documents handy at the time of filing return so that you can cross-check the data in the pre-filled form. "Filing ITR doesn't require you to upload any document. But in case an assessing officer makes an inquiry, you will need to present documents and certificates as proof," says Deepak Jain, chief executive, TaxManager.in.

Amazon seeks to acquire complete control of Prione

Amazon seeks to acquire complete control of Prione

Rediff.com22 Dec 2021

E-commerce major Amazon on Wednesday said it will acquire Prione Business Services - its joint venture firm with Catamaran, subject to requisite regulatory approvals. Prione Business Services was formed in 2014 and was coming up for renewal on May 19, 2022. In August this year, Amazon and NR Narayana Murthy's Catamaran announced that they will not continue their JV beyond May 2022. The two parties had not disclosed the reason behind the decision.

Five global banks to pay $5.7 bn in fines over rate rigging

Five global banks to pay $5.7 bn in fines over rate rigging

Rediff.com21 May 2015

The $5.7 billion total includes $1.6 billion in fines separately imposed by the US Federal Reserve on the five banks.

Xi's leadership challenged ahead of 2022 Party Congress

Xi's leadership challenged ahead of 2022 Party Congress

Rediff.com3 Nov 2021

An exclusive white paper by the Jamestown Foundation claims that the powerful figures arraigned against the President include former Vice-President Zeng Qinghong and current Vice-President Wang Qishan, The Hong Kong Post reported.

Markets extend gains for the fourth straight day

Markets extend gains for the fourth straight day

Rediff.com22 Feb 2016

The S&P BSE Sensex ended 80 points up at 23,789 while the Nifty50 closed at 7,235, up 24 points.

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.

Indian Corporate Refugees Say 'Dasvidania' to Moscow

Indian Corporate Refugees Say 'Dasvidania' to Moscow

Rediff.com21 Jun 2022

'If a stranger refuses to pet my Russian dog, what treatment can I expect for myself?'

BJP jolts Maharashtra ruling alliance, wins 4 of 6 MLC seats

BJP jolts Maharashtra ruling alliance, wins 4 of 6 MLC seats

Rediff.com14 Dec 2021

In a jolt to the ruling Maha Vikas Aghadi alliance in Maharashtra, the Bharatiya Janata Party won four of the six seats in the state legislative council, including Nagpur, and wrested the Akola-Buldhana-Washim seat from the Shiv Sena.

Free air tickets: Unfair trade practice?

Free air tickets: Unfair trade practice?

Rediff.com22 May 2008

The Delhi State Consumer Disputes Redressal Commission's decision to fine mobile phone firm Vodafone Rs 50 lakh (Rs 5 million) for offering prizes of gold coins and a Maruti SX4 as part of a promotional scheme is something all marketers in the country would do well to pay attention to.

'Certain trade unions demands are impractical'

'Certain trade unions demands are impractical'

Rediff.com11 Aug 2007

Arjun Sengupta, chairman, National Commission for Enterprises in the Unorganised Sector, talks to Business Standard about why he wants two separate Bills for the agricultural and non-agricultural workers.

Record $600mn settlement in US insider trading case

Record $600mn settlement in US insider trading case

Rediff.com16 Mar 2013

Two Indian Americans are at the centre of a case, which resulted in a deal that brought $600 million to the Securities and Exchange Commission, the largest amount it got ever to settle an investigation.

India, EU seal civil nuclear energy pact

India, EU seal civil nuclear energy pact

Rediff.com15 Jul 2020

The agreement provides for extensive cooperation in the civil nuclear energy sector including in research and development for peaceful uses of nuclear energy, they said.