News for 'US Trade Commission'

Restaurant body up in arms against Zomato, Swiggy

Restaurant body up in arms against Zomato, Swiggy

Rediff.com6 Jul 2021

Alleging "anti-competitive practices" by Zomato and Swiggy, restaurant industry body National Restaurant Association of India (NRAI) on Monday said it has approached fair trade regulator Competition Commission of India (CCI) for a detailed probe against the food aggregators. Keeping the interests of restaurants in mind, NRAI on July 1 had filed information with the CCI, it said in a statement. The main issues highlighted by the association in the submission are bundling of services, data masking, and exorbitant commission charged, price parity agreements, deep discounting, including forcing restaurant partners to give discounts to maintain appropriate listing, exclusivity of listed restaurants, and violation of platform neutrality, vertical integration, and lack of transparency on the food ordering platforms.

RS win in Maharashtra, Haryana shows BJP's superior poll management

RS win in Maharashtra, Haryana shows BJP's superior poll management

Rediff.com11 Jun 2022

Union ministers Nirmala Sitharaman and Piyush Goyal, Randeep Surjewala and Jairam Ramesh of the Congress and Shiv Sena's Sanjay Raut were among the 16 candidates elected to the Rajya Sabha from four states where polling was held on Friday after tussle over cross voting and alleged breach of election rules delayed the counting by around eight hours in Maharashtra and Haryana.

Anna to launch agitation in support of farmers next month

Anna to launch agitation in support of farmers next month

Rediff.com29 Dec 2020

In his letter dated December 28, issued from his native village Ralegan Siddhi of Maharashtra's Ahmednagar district, he said, that he has decided to again sit protest in Delhi from next month.

Army cancels nationwide recruitment exam after paper leaked

Army cancels nationwide recruitment exam after paper leaked

Rediff.com28 Feb 2021

The Army has cancelled an examination for pan-India recruitment of general duty personnel after paper was found to have been leaked, officials said on Sunday.

Modi-Putin summit meet to be held in New Delhi on Dec 6

Modi-Putin summit meet to be held in New Delhi on Dec 6

Rediff.com26 Nov 2021

Russian Foreign Minister Sergey Lavrov and Defence Minister Sergey Shoigu will visit India to hold the inaugural '2+2' ministerial dialogue between the two countries on December 6, the Russian embassy has said.

For Now, US and China Settle for Cold Peace

For Now, US and China Settle for Cold Peace

Rediff.com17 Nov 2021

A genuine attempt was made to reset relations in a positive way, signalling a stepping back from the brink of conflict, much to the relief of the world, observes Ambassador T P Sreenivasan.

India won't participate in US probe on IPR

India won't participate in US probe on IPR

Rediff.com1 May 2014

India is not so keen to co-operate with the US on IPR related probe.

Indian-American charged with sending deceptive messages

Indian-American charged with sending deceptive messages

Rediff.com23 Jul 2014

The deceptive messages promised that the consumers will get free $1,000 gift cards from major retailers like Walmart, Target and Best Buy, the FTC said in a statement.

Fadnavis rubs it in: 'Mahadik got more votes than Raut'

Fadnavis rubs it in: 'Mahadik got more votes than Raut'

Rediff.com11 Jun 2022

Fadnavis said that with this win in the Rajya Sabha elections, the BJP has started its victory march, which he said would continue till the next polls.

Resort politics: 32 UPA MLAs from Jharkhand move to Chhattisgarh

Resort politics: 32 UPA MLAs from Jharkhand move to Chhattisgarh

Rediff.com30 Aug 2022

The MLAs of the ruling United Progressive Alliance coalition in Jharkhand on Tuesday arrived in Raipur by a chartered flight in a bid to thwart the Bharatiya Janata Party's possible attempt to poach them, and moved into a nearby luxurious resort.

The many battles that Amazon is fighting in India

The many battles that Amazon is fighting in India

Rediff.com8 Jul 2021

Among all the geographies where Amazon is fighting regulators, India is the only place where its lines are also tangled in a major corporate battle, this one with India's largest company by market capitalisation over the acquisition of Mumbai-based Future Group's retail chain, the country's second largest. No other corporate entity in any country offers a challenge to Amazon's hegemony in a way Reliance Industries does - and the final hearing of an arbitration case filed at the Singapore International Arbitration Centre between the two may decide at least some of these issues. This legal battle between one of the world's most powerful corporations and one of India's most powerful conglomerates could be complicated by a host of other developments.

UK's carrier strike group to conduct wargame with Indian Navy

UK's carrier strike group to conduct wargame with Indian Navy

Rediff.com16 Jul 2021

The UK said the deployment of the carrier strike group marks the start of "a new era of defence cooperation with allies in India and the Indo-Pacific."

Sri Lanka, India ink deal to jointly redevelop strategic oil tank complex

Sri Lanka, India ink deal to jointly redevelop strategic oil tank complex

Rediff.com7 Jan 2022

Sri Lanka on Thursday signed an agreement with India to jointly redevelop the strategic World War II-era oil tank farm in the island nation's eastern port district of Trincomalee, in a new milestone in bilateral economic and energy partnership.

Sebi fines NSE, 2 others in co-location case

Sebi fines NSE, 2 others in co-location case

Rediff.com10 Feb 2021

In the high profile co-location case, markets regulator Sebi on Wednesday imposed a penalty of Rs 1 crore on the NSE for failing to provide a level-playing field for trading members subscribing to its tick-by-tick (TBT) data feed system. In addition, the regulator levied a fine of Rs 25 lakh each on NSE's former managing directors and chief executive officers Chitra Ramakrishna and Ravi Narain. Alleged lapses in high-frequency trading offered through NSE's co-location facility came under the scanner of the watchdog after a complaint was filed in 2015.

India's sub-Rs 10,000 phone market may be reserved for domestic players

India's sub-Rs 10,000 phone market may be reserved for domestic players

Rediff.com23 Aug 2022

How dominant are Chinese firms in India's sub-Rs 10,000 mobile device market? The question has become relevant as the government has been thinking of reserving this price segment for domestic players who have not been able to battle the Chinese onslaught. However, telecom firms and others are concerned that such a move could stymie the effort to build affordable 5G phones in the sub-Rs 10,000 category.

Google to be probed for alleged abuse of dominant position

Google to be probed for alleged abuse of dominant position

Rediff.com7 Jan 2022

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.

Misbehaviour with tourists in Rajasthan may lead to jail

Misbehaviour with tourists in Rajasthan may lead to jail

Rediff.com14 Sep 2021

An amendment bill was passed in the state assembly on Monday night to insert a new section 27-A in the Rajasthan Tourism Trade (Facilitation and Regulation) Act, 2010.

'BJP will try to destabilise Nitish Kumar'

'BJP will try to destabilise Nitish Kumar'

Rediff.com25 Aug 2022

'With vendetta politics as its main plank, the BJP will be looking out for every opportunity to destabilise this Mahagatbandhan government.'

Time To Resolve Judges-Executive Tussle

Time To Resolve Judges-Executive Tussle

Rediff.com9 Dec 2022

The appointments to the Supreme Court and the high courts cannot be speeded up unless both the Judiciary and the Executive agree to a new mechanism which affords both near-parity in decision-making, argues Virendra Kapoor.

India, Pakistan trade charges over LoC firing

India, Pakistan trade charges over LoC firing

Rediff.com1 Nov 2016

India on Tuesday protested to Pakistan over the unprovoked firing from across the border to give cover to infiltrators when its Deputy High Commissioner was summoned for the fourth time in just over a week over alleged "unprovoked ceasefire violations".

BJP under attack after report claims firm boosted its campaign on FB

BJP under attack after report claims firm boosted its campaign on FB

Rediff.com15 Mar 2022

Communist Party of India-Marxist general secretary Sitaram Yechury described it as a "brazen destruction of the foundations of our democracy".

Will EPS Now Take On The BJP?

Will EPS Now Take On The BJP?

Rediff.com29 Mar 2023

The EPS camp believes that the BJP was already arm-twisting the AIADMK into conceding more seats in the 2024 Lok Sabha elections 'than they deserve' observes N Sathiya Moorthy.

AAP generated crores of illegal funds through excise policy: ED

AAP generated crores of illegal funds through excise policy: ED

Rediff.com1 Dec 2022

AAP leader Vijay Nair, arrested in connection with alleged irregularities in the Delhi excise policy case, received Rs 100 crore in 'kickbacks' from the 'south group' controlled by some businessmen and politicians, the Enforcement Directorate (ED) has informed a local court.

INS Visakhapatnam: India's Most Potent Destroyer

INS Visakhapatnam: India's Most Potent Destroyer

Rediff.com23 Nov 2021

INS Vishakapatnam's ground attack and anti-ship capabilities are achieved through a bank of BrahMos cruise missiles that can be fired at targets up to 295 km away.

We have 'zero tolerance for corruption', says Amazon

We have 'zero tolerance for corruption', says Amazon

Rediff.com20 Sep 2021

Amid reports of Amazon probing bribery-related charges against some of its legal representatives in India, the US e-commerce giant on Monday said it takes allegations of improper actions seriously and investigates them fully to take appropriate action. Without confirming or denying allegations, Amazon said it has "zero tolerance for corruption". According to a report by The Morning Context, Amazon has initiated an investigation against some of its legal representatives for allegedly bribing Indian government officials.

'Indian call centres stole $300 million from Americans'

'Indian call centres stole $300 million from Americans'

Rediff.com28 Oct 2016

The five Ahmedabad-based call centres that made calls to people living in the US are Hglobal, Call Mantra, Worldwide Solution, Zoriion Communications and Sharma BPO Services.

Putin describes India as a great power, time-tested friend

Putin describes India as a great power, time-tested friend

Rediff.com6 Dec 2021

Russia President Vladimir Putin on Monday described India as a great power, a friendly nation and a time-tested friend and echoed common concerns over terrorism, drug trafficking and organised crime as he held wide-ranging talks with Prime Minister Narendra Modi.

Maharashtra: Why vegetable prices are hitting the roof

Maharashtra: Why vegetable prices are hitting the roof

Rediff.com14 Jul 2016

A little away from the city in the northern suburbs, vegetables are 15-30 per cent costlier.

PM to discuss India's position on Ukraine during Europe visit

PM to discuss India's position on Ukraine during Europe visit

Rediff.com1 May 2022

As Prime Minister Narendra Modi embarks on a tour of three European nations, India on Sunday once again called for the cessation of hostilities in Ukraine and resolution of the conflict through dialogue and diplomacy, noting that was an appreciation of its position on the crisis by its partner countries.

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.

MakeMyTrip-GoIbibo, OYO under CCI lens

MakeMyTrip-GoIbibo, OYO under CCI lens

Rediff.com29 Oct 2019

In a 26-page order, the fair trade regulator said there exists a prima-facie case for investigation against MMT-Go and OYO for alleged violation of the provisions of Section 3(4) of the Competition Act.

'US didn't tell Pakistan to oust me'

'US didn't tell Pakistan to oust me'

Rediff.com14 Feb 2023

'From what evidence has come up, General Bajwa somehow managed to tell the Americans that I was anti-American.' 'And so, it [the plan to oust me] wasn't imported from there. It was exported from here to there.'

Why implementing stricter e-com rules won't be easy

Why implementing stricter e-com rules won't be easy

Rediff.com22 Sep 2021

There is a significant difference of opinion within the government on the draft e-commerce rules put out by the consumer affairs ministry, a top government official said on Wednesday and flagged concerns that continuous change of the policy causes a great deal of uncertainty. The official said that unnecessary fear is created that the government's current e-commerce policy is hurting small traders. "There is a significant difference of opinion within the government on the draft Consumer Protection (e-commerce) Rules put out by the consumer affairs ministry... Continuous change of the policy causes a great deal of uncertainty," the official said on the condition of anonymity.

Vikrant: A Giant Leap For Indian Navy

Vikrant: A Giant Leap For Indian Navy

Rediff.com2 Sep 2022

The Indian Navy has a big role to play in support of our strategic objectives in the Indian Ocean. The increasing Chinese presence in the Indian Ocean is a matter of concern and need to be factored. Hence, the requirement of an Aircraft Carrier is a foregone conclusion, asserts Commodore Venugopal Menon (retd).

Ukraine War Has Reduced Russia To An Even Lesser Power

Ukraine War Has Reduced Russia To An Even Lesser Power

Rediff.com23 Mar 2022

The fault line between the West and Russia has widened into a deep chasm and this is likely to endure in the foreseeable future. Far from forcing its way into the European tent, Russia may be reduced to the status of an even more sullen and weakened bystander on its periphery. The US appears to have won this hand with little cost to itself, observes former foreign secretary Shyam Saran.

Britain posts liaison officer at Indian Navy's IFC

Britain posts liaison officer at Indian Navy's IFC

Rediff.com22 Jun 2021

The United Kingdom on Tuesday posted a liaison officer at the Indian Navy's Information Fusion Centre (IFC) that has emerged as a key hub in tracking movements of ships and other developments in the Indian Ocean, a region witnessing increasing Chinese naval presence.

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.

How RBI triggered HDFC-HDFC Bank merger talks

How RBI triggered HDFC-HDFC Bank merger talks

Rediff.com4 Apr 2022

Talks of a merger between HDFC Bank and parent HDFC Ltd had gained steam nearly eight years ago, when the Reserve Bank of India allowed banks to issue long-term bonds to fund infrastructure and affordable housing. At that time, key executives at both entities denied any such proposal. And today, the merger has been officially announced by the two players.

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.

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.