News for 'competition-commission'

Steep airfares: Whose side are you on, Mr Prime Minister?

Steep airfares: Whose side are you on, Mr Prime Minister?

Rediff.com2 Sep 2015

Civil Aviation Ministry has a few ready answers at hand.

Tribunal stays Rs 1,800 cr fine on CIL, next hearing on Mar 3

Tribunal stays Rs 1,800 cr fine on CIL, next hearing on Mar 3

Rediff.com27 Feb 2014

The Appellate Authority has stayed Rs 1800 crore penalty on Coal India.

Busting cartels: Panel plans amnesty

Busting cartels: Panel plans amnesty

Rediff.com14 Jan 2008

Competition Commission of India is considering amnesty plan to bust cartels.

Competition panel to remain defunct for another 6

Competition panel to remain defunct for another 6

Rediff.com10 Dec 2007

After passing of the Competition Act, 2007, in September, Minister of Corporate Affairs Prem Chand Gupta had announced that the CCI would be fully functional by the middle of next year.

'Banks to recover 48% from NPA accounts in RBI list'

'Banks to recover 48% from NPA accounts in RBI list'

Rediff.com18 Apr 2018

The haircut for major banks stands at 52 per cent, if the dues of Jaypee Infrastructure, Lanco Infrastructure and Era Infrastructure are kept out of the calculation.

President Ram Nath Kovind won't attend NSE's silver jubilee celebrations

President Ram Nath Kovind won't attend NSE's silver jubilee celebrations

Rediff.com7 Aug 2018

Sources at the NSE as well as the President's office rejected media reports that Kovind's pulling out of the event had to do with reasons other than his packed itinerary this week.

In a major climbdown, govt now says e-commerce firms can sell pvt labels

In a major climbdown, govt now says e-commerce firms can sell pvt labels

Rediff.com4 Jan 2019

Private labels remain big business for e-commerce marketplaces. They comprise almost 15 per cent of the total business of such firms.

'PM worried over airlines' predatory fares'

'PM worried over airlines' predatory fares'

Rediff.com27 Aug 2015

The issue had come up during a presentation by the Civil Aviation Ministry.

Panel for changes in Competition act

Panel for changes in Competition act

Rediff.com21 Dec 2006

After a year long deliberations, the Standing Committee on Finance has recommended several changes in the Competition Commission Act, 2002, making it a more powerful body.

Will the Modi govt get its divestment maths correct?

Will the Modi govt get its divestment maths correct?

Rediff.com26 Dec 2018

A chunk of divestment till now has come from follow-on offerings in the Centre's two ETFs, Bharat-22 and CPSE. Now, there will be initial public offerings of Mazagon Docks, rail companies RVNL and IRFC and MSTC.

Rs 420 crore penalty imposed on Hyundai Motor

Rs 420 crore penalty imposed on Hyundai Motor

Rediff.com28 Jul 2015

The automaker was found to have engaged in anti-competitive practices.

Pvt airlines may get to fly to Gulf

Pvt airlines may get to fly to Gulf

Rediff.com22 Feb 2007

As per the Competition Act, no merger should create entry barriers for competition.

Govt brings bill to clear decks for appointment of PM's secretary

Govt brings bill to clear decks for appointment of PM's secretary

Rediff.com11 Jul 2014

Ignoring objections by political parties, the government on Friday introduced a bill in Lok Sabha to clear legal hurdles in appointment of former Telephone Regulatory Authority of India Chairman Nripendra Misra who joined as principal secretary to Prime Minister Narendra Modi more than a month back.

New FDI rules sour India dream for Walmart

New FDI rules sour India dream for Walmart

Rediff.com15 Feb 2019

For now Walmart has said it remains optimistic about India. But that could change without prior notice, says Nivedita Mookerji.

SpiceJet receives fund from new owner

SpiceJet receives fund from new owner

Rediff.com26 Feb 2015

Before buying Marans' stake, Singh's shareholding stood at 1.85%.

Govt may tweak FDI clause in draft e-commerce policy

Govt may tweak FDI clause in draft e-commerce policy

Rediff.com29 Aug 2018

The draft favoured up to 49 per cent foreign equity in inventory model in the case of 100 per cent made in India products sold through Indian management-controlled platforms with resident Indian founders/promoters.

Reliance Jio tariffs in line with regulations: Trai

Reliance Jio tariffs in line with regulations: Trai

Rediff.com2 Feb 2017

Trai had asked the Attorney General for views on Jio's free voice and data offering till March 2017, that rivals have termed predatory.

SC orders status quo in probe against Uber

SC orders status quo in probe against Uber

Rediff.com27 Jan 2017

The Competition Appellate Tribunal (Compat) had on December 7 last year ordered fair trade watchdog CCI to probe afresh the alleged abuse of dominance by the popular tax-hailing app operator.

After Ajay Devgn, Kamal Haasan approaches CCI

After Ajay Devgn, Kamal Haasan approaches CCI

Rediff.com14 Jan 2014

Kamal Haasan has filed a complaint with the Competition Commission of India (CCI) against the Tamil Nadu Theatre Owners Association wifor restricting the release of his film Vishwaroopam in theatres last year.

Why retailers are rattled by Walmart-Flipkart deal

Why retailers are rattled by Walmart-Flipkart deal

Rediff.com6 May 2018

Sellers, especially the smaller ones, are planning to go to court as well as move CCI as they fear that Walmart could bring multiple private labels in India and flood the e-commerce platform with its own products.

Competition Bill gets Parliamentary nod

Competition Bill gets Parliamentary nod

Rediff.com20 Dec 2002

Parliament on Friday approved the long-awaited Competition Bill paving the way for setting up the Competition Commission of India replacing the Monopoly and Restrictive Trade Practices Commission.

New fair-play rules for companies

New fair-play rules for companies

Rediff.com9 Mar 2005

IBC may be tweaked to give relief to stressed asset buyers

IBC may be tweaked to give relief to stressed asset buyers

Rediff.com7 Dec 2017

This is being done keeping in mind the urgency of these transactions, and it would help the ongoing insolvency cases, including the 12 accounts referred by RBI to banks.

Investor protection top priority for new govt

Investor protection top priority for new govt

Rediff.com26 May 2004

Prioritising investor protection in the backdrop of corporate frauds and failures worldwide, Company Affairs Ministry said it will expedite the process of putting in place Competition Commission, NCLT and a comprehensive Companies Act.

Ajay Singh now holds over 60% stake in SpiceJet

Ajay Singh now holds over 60% stake in SpiceJet

Rediff.com25 Feb 2015

Singh holds more than 36.15 crore shares.

GST anti-profiteering rules lack teeth

GST anti-profiteering rules lack teeth

Rediff.com13 Jun 2017

At present, except Trai, all regulators and the Competition Commission of India (CCI) have powers to levy penalty in case of violation of any rule or law. The GST anti-profiteering authority will be the only institution which will not have the same.

Hike rates, end price war: govt nudges cell cos, airlines

Hike rates, end price war: govt nudges cell cos, airlines

Rediff.com13 Dec 2018

Move comes in view of big debt overhang in two sectors; companies unwilling.

Hike rates, end price war: govt nudges cell cos, airlines

Hike rates, end price war: govt nudges cell cos, airlines

Rediff.com13 Dec 2018

Move comes in view of big debt overhang in two sectors; companies unwilling.

Indian dream suddenly turns sour for these American companies

Indian dream suddenly turns sour for these American companies

Rediff.com13 Feb 2019

While the government's recent moves may have been necessary in some cases, these would have an adverse impact on the investment cycles of some of these companies. The marquee global names are suddenly finding themselves out of favour as local flavour is gaining currency in the run up to 2019 elections.

Split fair play panel: SC

Split fair play panel: SC

Rediff.com25 Jan 2005

Why India's fintech, e-com firms fear Google, Facebook

Why India's fintech, e-com firms fear Google, Facebook

Rediff.com5 Mar 2018

While Google has market capitalisation of almost $753 billion and Facebook commands one of $515 billion, it is the wealth of user data they have that one fears

Competition Act may be amended

Competition Act may be amended

Rediff.com28 Jun 2005

FIPB rejects BNP Paribas' Sharekhan acquisition

FIPB rejects BNP Paribas' Sharekhan acquisition

Rediff.com15 Jun 2016

Reason for rejection hasn't been stated; deal among seven rejected transactions.

NDA slammed over Competition Panel head

NDA slammed over Competition Panel head

Rediff.com26 May 2004

Lambasting the NDA government for appointing a bureaucrat as head of the Competition Commission, Law Minister Hans Raj Bharadwaj said rightly the decision fell foul with the Supreme Court as these bodies have been traditionally headed by judges.

Redraft fair play law: SC

Redraft fair play law: SC

Rediff.com4 Nov 2004

Why the road ahead will be tough for M&A deals in India

Why the road ahead will be tough for M&A deals in India

Rediff.com21 Dec 2014

The year 2015 will be a tough year for mergers and acquisition.

CCI clears Sun-Ranbaxy deal with riders; asks to sell 7 brands

CCI clears Sun-Ranbaxy deal with riders; asks to sell 7 brands

Rediff.com8 Dec 2014

India's antitrust regulator has approved Sun-Ranbaxy deal, subject to the companies divesting seven products.

Competition panel decision put off

Competition panel decision put off

Rediff.com26 Aug 2004