Multinationals in India start offloading cotton as global prices decline on weak demand

[ad_1] As the cotton futures on ICE ease on muted global demand and prospects of a better crop in countries such as Australia, the multinational traders in the Indian market have started off-loading their stocks, trade sources said.The May cotton...

Centre extends timeline for public comments on Digital Competition Bill by a month

[ad_1] The Corporate Affairs Ministry (MCA) on Tuesday extended by a monththe timeline for sending public comments on the much talked about draft Digital Competition Bill and the report of the Committee on Digital Competition Law (CDCL). Also read:Is Indian digital...

Competition Commission of India approves Axis Bank’s ₹1,612 crore Worth stake buy in Max Life Insurance

[ad_1] The Competition Commission of India (CCI) on Tuesday said that it has approved the transaction involving Axis Bank’s additional 6 per cent stake buy in Max Life Insurance, a private life insurer. The deal, valued at ₹1,612 crore, had...

CCI Approves Ultra Tech Cement’s ₹ 7,600 crore buyout deal of Kesoram’s cement business

[ad_1] The Competition Commission of India (CCI) has approved the acquisition of Kesoram’s Cement Business by UltraTech Cement Limited. The deal is estimated to be valued at ₹7,600 crore, including the debt the company will take on from Kesoram.The proposed...

Start-up showdown: CCI launches probe into Google’s Play Store Billing policy, excessive pricing

[ad_1] In a significant move, the Competition Commission of India (CCI) on Friday ordered an investigation into Google for excessive pricing on Play Store, noting that the tech giant’s Users Choice Billing (UCB) payments policy was “prima facie” violative of...

CCI frames regulations on turnover determination, commitment and settlement mechanisms

[ad_1] The Competition Commission of India (CCI) on Wednesday rolled out three separate key regulations and the much-awaited penalty guidelines, taking a giant step in the implementation of certain crucial amendments effected in the Competition law in April last year.The...

Charting the course: CCI’s strategic approach to market realities and digital challenges

[ad_1] The Competition Commission of India (CCI) has recently completed 14 years of its enforcement mandate. This journey of India’s competition watchdog has remained eventful and tumultuous as it faced vociferous constitutional challenges to its very composition to due process...

CCI expected to soon clarify regulations on fines under new competition law amid Google’s billing dispute

[ad_1] Amidst the ongoing legal tussle between tech giant Google and domestic Startups over Play Store Billing policy, the Centre has notified a new provision in the recently amended Competition law that would lead to the levy of penalty on...

Centre implements competition law penalty provision on ‘global turnover’ basis

[ad_1] Amidst the ongoing legal tussle between tech giant Google and domestic Startups over Play Store Billing policy, the Centre has notified a new provision in the recently amended Competition law that would lead to the levy of penalty on...

Google misusing dominant position to exploit small businesses, say app developers

[ad_1] Google is misusing its dominant position in the market to exploit Indian startups, as well as violating competition watchdog CCI's ruling and Digital Personal Data Protection Act by charging unjustified exceedingly high charges, Indian app companies body ADIF, said...
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