Independent directors of Future Retail Ltd are collating information and will expose the details of contradiction and misrepresentation made by Amazon before the Competition Commission of India (CCI), said FRL independent director Ravindra Dhariwal. Speaking to PTI, Dhariwal said the independent directors are "collating" all the pieces of information together, going "deeper into each and every representation" which Amazon had made before the CCI and showing how its "intent was totally contradictory." "We are going out to point exactly to CCI, this is what they have told you and this is what the internal documents are saying. "We are going to expose the details of contradiction and details of misrepresentation, which they have made," Dhariwal said adding "We are going to show the true face of Amazon to the whole world". In November 2019, Amazon had acquired a 49 per cent stake in Future Coupons Pvt Ltd (FCPL), a company that holds a stake in FRL.
Nationalist Congress Party leader Nawab Malik on Saturday claimed that the Narcotics Control Bureau had initially detained 11 persons from a Goa-bound cruise ship off the Mumbai coast last week, but let off three of them, including Bharatiya Janata Party leader Mohit Bharatiya's brother-in-law a couple of hours later.
Virat Kolhi seems to be in trouble with a complaint of breaching the 'Conflict of Interest' clause under BCCI rule 38 (4)
In a statement, the EC said the presiding officer and three other officials have been placed under suspension.
The political economy of the IPO market involves regulators empathising with intermediaries, and designing a bridge that systematically takes wealth away from founders, VC and PE funds, and business houses, explains Ajay Shah.
Pakistan perceives that if it had declared Gilgit-Baltistan, PoK or both, which are only a part of the territories of J&K, as legitimate provinces of Pakistan it would weaken its case for the entire J&K and lead to legal complications, observes Lieutenant General Syed Ata Hasnain (retd).
Tyson said he wants to spread word of the benefits of psilocybin as widely as possible, which is why he has partnered with Wesana.
Doctors said the decision was a medical blunder.
After the Onam festivities, medical experts had predicted that the TPR would go beyond 20 per cent and that the number of infections would rise further.
Indian companies need not just make in India, but invent in India too
Trains were set afire and blocked, and public vehicles attacked as protests over 'Agnipath' swept across several places in Bihar, Uttar Pradesh, Rajasthan, Haryana, Madhya Pradesh, Delhi and Jammu on Thursday amid partisan political voices in favour and against the new recruitment scheme for the defence forces that has set off a firestorm.
Observing that the Board of Control for Cricket in India cannot level serious allegations and suspend a player only on the basis of 'hearsay', the Bombay High Court has asked the governing body of cricket in the country to look into cricketer Hiken Shah's request for a hearing against such an action.
The ministry said the mutated UK strain was detected in eight samples at the National Centre for Disease Control, one at the National Institute of Biomedical Genomics, Kalyani (near Kolkata), one at the National Institute of Virology Pune, seven at the National Institute of Mental Health and Neuro-Sciences Hospital Bengaluru, two at the Centre for Cellular and Molecular Biology in Hyderabad and one at the Institute of Genomics and Integrative Biology, Delhi.
Any Indian government at this juncture would have voted and spoken exactly this way. It isn't just about the vast Indian dependence on Russian-origin military equipment. It is also about trust, asserts Shekhar Gupta.
'IM has expanded its area of operations into Nepal, which is now the biggest hub for IM operatives.'
'With over 50 per cent of medical seats reserved for those who have the ability to pay a fee ranging from Rs 50 lakh to Rs 1.5 crore for a five-year MBBS course and quotas in accordance with affirmative policies in government colleges, the band of seats available for the not-so-rich and non-OBCs is very narrow.'
'Our proactive detection rate for hate speech in India is close to 97 per cent -- which means that of the hate speech content we remove, we detect 97 per cent of it proactively, even before anyone reports it.'
The Blinken visit indicated that the Biden administration is still somewhat tentative about the specifics of its relations with India, observes Ambassador T P Sreenivasan, who has served multiple stints at India's embassy in Washington, DC.
To beat BJP, you either deny them a critical mass of Hindu vote or build a regional leader and party strong enough to protect their turf, observes Shekhar Gupta.
'We have not had one discussion on the border incursions or the subsequent report of the building of Chinese villages on Indian territory in Arunachal Pradesh.'
Mumbai airport is the largest gateway for movement of pharma and agro products in the country.
Students made online music education possible during COVID-19, say teachers, and they will determine its future.
'In Mumbai the mortality rate was reaching a percentage of almost 8 plus in about April.' 'But now over last one month, we have come down.' 'We have drastically controlled mortality.' 'We are now about 3.9.'
The sub-group constituted by the Supreme Court to audit Oxygen consumption in hospitals in national capital during the second wave of COVID-19 said that the Delhi government 'exaggerated' the consumption of oxygen and made a claim of 1140 MT, four times higher than the formula for bed capacity requirement of 289 MT.
Given the costs, you would need to be a high-value target for a government agency to spend this sort of money, points out Devangshu Datta.
Piramal Enterprises on Friday claimed that its bid for resolution of debt-ridden mortgage lender DHFL is highest and fully compliant with regulatory norms. Since the conclusion of the fifth and final round of the bidding process last month, Piramal Enterprises and the US-based Oaktree Capital are claiming that their bids are the highest and fully implementable. According to sources, suitors have submitted bids in the range of Rs 35,000-37,000 crore.
8 Asiatic lions in the zoo in have tested positive for COVID-19 after their saliva samples were thoroughly examined by CSIR-Centre for Cellular and Molecular Biology in Hyderabad, Rakesh Mishra, advisor of the premier research institute said.
The Competition Commission of India (CCI) on Monday ordered a detailed probe against internet giant Google for alleged unfair business practices with respect to Google Pay as well as Google Play's payment system. Google Pay is a popular digital payments platform while Google Play is the app store on its Android ecosystem.
Isn't it time to review the 'fit and proper' criteria for banking licence, particularly with reference to individuals applying for it, asks Tamal Bandyopadhyay?
The NSE held 25 to 100 per cent stakes in these entities through its subsidiary NSE Investments as of September.
The central probe agency had on Friday carried out a fresh round of searches in connection with the case, they said.
The intention of the government is to cap prices of drugs that are essential and which the public widely uses.
'An armed helicopter equipped with counter-drone systems will provide the airborne counter-drone capability and flexibility needed to protect India's critical assets.'
It had all the makings of a movie thriller. Students who paid a few lakh rupees were supplied with vanishing ink. Answer papers were intercepted on the way and corrected. No one would have been wiser had the perpetrators of the exam scam not gotten greedy.
The complaint seeking registration of a first information report on cheating, criminal conspiracy and other charges was filed in the court of Chief Judicial Magistrate Mukesh Kumar here on Tuesday by Tamanna Hashmi, who identifies himself as a social worker and is often in news for his numerous court complaints against politicians over various issues.
The new IPL title sponsor to replace Chinese mobile phone company VIVO will hold the rights for only a four-and-a-half-month period and the highest bid may not necessarily end up being the winning one, the BCCI stated on Monday.
Syed Firdaus Ashraf unravels the chronology of controversy in the Aryan Khan drug bust case.
Bengali sub-nationalism is slowly emerging as a rallying cry ahead of the West Bengal assembly elections due next year.
Cases with the Omicron variant have already been detected in Karnataka and Gujarat.
Ajit Balakrishnan offers a thinking man's guide to the state of ecom in a nation of shopkeepers.
