Articles about Competition Commission of India

In setback for Future Group, Delhi HC rejects new plea

04 Jan 2022

Business
In setback for Future Group, Delhi HC rejects new plea

The Delhi High Court on Tuesday dismissed a petition filed by Future Group seeking to quash the arbitration proceedings with Amazon in Singapore.

Competition Commission of India says Google abused Android's dominance

19 Sep 2021

Technology
Competition Commission of India says Google abused Android's dominance

According to a Competition Commission of India (CCI) report seen by Reuters, the Commission has concluded that Google flexed its "huge financial muscle," stifled competition, and prevented Android alternatives from developing in India.

Apple slapped with antitrust complaint alleging unfair fees in India

02 Sep 2021

Business
Apple slapped with antitrust complaint alleging unfair fees in India

Cupertino-based tech giant Apple has been hit with an antitrust filing in India against its 30% commission on in-app purchases, according to documents seen by Reuters.

India launches antitrust investigation against Google over payments app

10 Nov 2020

Business
India launches antitrust investigation against Google over payments app

The Competition Commission of India (CCI) on Monday ordered a probe against tech giant Google over alleged abuse of its dominant position in its app store to promote its payments service.

Google accused of abusing Android TV's dominance in India: Report

07 Oct 2020

Business
Google accused of abusing Android TV's dominance in India: Report

Google is facing a new antitrust case in India.

NewsBytes Briefing: Jeff Bezos is now worth $200bn, and more

27 Aug 2020

Technology
NewsBytes Briefing: Jeff Bezos is now worth $200bn, and more

In the updates since last night, Jeff Bezos, the richest person in the world, became richer than ever.

Amazon accused of unfair business practices in India: Details here

26 Aug 2020

Business
Amazon accused of unfair business practices in India: Details here

Amazon's antitrust troubles are not just limited to the United States or the European Union.

Piyush Goyal snubs Bezos's $1bn investment announcement, Chidambaram slams him

17 Jan 2020

Politics
Piyush Goyal snubs Bezos's $1bn investment announcement, Chidambaram slams him

Amazon chief Jeff Bezos came to India bearing gifts. The world's richest man promised to invest $1 billion to digitize small businesses, but this offer was welcomed rudely.

Jeff Bezos investing $1 billion to digitize India's small businesses

15 Jan 2020

Business
Jeff Bezos investing $1 billion to digitize India's small businesses

Jeff Bezos, the richest man in the world, has said that his company, Amazon, will invest as much as $1 billion (approximately Rs. 7,100 crore) to digitize small businesses in India.

Amazon boss Jeff Bezos visits India as traders plan protest

15 Jan 2020

Business
Amazon boss Jeff Bezos visits India as traders plan protest

The world's richest man and Amazon Inc. boss, Jeff Bezos is in India for a three-day visit.

Indian government to investigate Flipkart and Amazon: Here's why

14 Jan 2020

Business
Indian government to investigate Flipkart and Amazon: Here's why

Leading e-commerce giants Flipkart and Amazon India have landed under the scanner of the Indian government.

OYO founder Ritesh booked for cheating hotelier of Rs. 1cr

07 Sep 2019

Business
OYO founder Ritesh booked for cheating hotelier of Rs. 1cr

OYO Hotels Founder and CEO Ritesh Agarwal has been booked by the Whitefield police in Bengaluru on charges of cheating and criminal breach.

CCI concludes Flipkart, Amazon not violating norms, rejects vendors' complaints

08 Nov 2018

India
CCI concludes Flipkart, Amazon not violating norms, rejects vendors' complaints

Fair trade watchdog Competition Commission of India (CCI) has concluded that the business practices of Flipkart and Amazon aren't in violation of competition norms and rejected allegations of abuse of market dominance made by a grouping of online vendors.

Walmart completes acquisition of Flipkart, pumps in $2bn

19 Aug 2018

Business
Walmart completes acquisition of Flipkart, pumps in $2bn

On Saturday, Walmart announced that it had completed its $16bn acquisition deal with Flipkart.

10 lakh traders to protest against Flipkart-Walmart deal today

02 Jul 2018

Business
10 lakh traders to protest against Flipkart-Walmart deal today

Around 10 lakh traders are launching a country-wide protest against the multibillion dollar deal between Indian e-commerce giant Flipkart and US-based retail giant Walmart.

I am an entrepreneur, I should not be taken seriously

15 Feb 2018

Business
I am an entrepreneur, I should not be taken seriously

That entrepreneurs are dreamy is an understatement. People outside the 'chaar dewari' find this job glamorous, people inside it find it lonely.

Google penalized with Rs. 136cr fine for abusing market position

09 Feb 2018

Business
Google penalized with Rs. 136cr fine for abusing market position

National antitrust watchdog Competition Commission of India (CCI) has imposed a fine of Rs. 136 crore on tech giant Google for indulging in "search bias" and abusing its dominant position in online web search and online search advertising markets.

CCI imposes Rs. 52 crore penalty on BCCI

29 Nov 2017

Sports
CCI imposes Rs. 52 crore penalty on BCCI

Competition Commission of India (CCI) has imposed a penalty of Rs. 52.24 crore on the Board of Control for Cricket in India (BCCI) for its anti-competitive practices with respect to IPL media rights.

HDFC Life, Max rejig merger plans after IRDA's cancellation

27 Jun 2017

Business
HDFC Life, Max rejig merger plans after IRDA's cancellation

Post Insurance Regulatory and Development Authority of India (IRDA) rejection of HDFC Life Insurance Co. Ltd and Max Life Insurance Co. Ltd's three-step union, the two firms have extended their merger deadline and have come up with a new structure in compliance with all norms.

Banks not responsible for loss of valuables in lockers: RTI

26 Jun 2017

India
Banks not responsible for loss of valuables in lockers: RTI

If there is a burglary or theft at the bank where you have your safety deposit box and the perpetrators end up stealing the valuables that are present in the box, the bank will not compensate you for it.

Govt plans more SBI-like mergers to create global-sized banks

10 Jun 2017

India
Govt plans more SBI-like mergers to create global-sized banks

Reports say that the Finance Ministry is now planning to replicate the success it has made with SBI's merger with its five associate banks and Bharatiya Mahila Bank.

Cancer drug gets embroiled in the prevailing Indian pharma conflict

14 May 2017

Business
Cancer drug gets embroiled in the prevailing Indian pharma conflict

Indian pharma is currently waging a war against Roche, a Swiss-based pharma major that has monopoly over a cancer drug, which can be provided at a much cheaper rate.

MakeMyTrip raises $330 million in funding

03 May 2017

Business
MakeMyTrip raises $330 million in funding

Sources stated that MakeMyTrip has raised $330 in its latest round of funding from a mix of private placement of shares and from issuing fresh stock to investors Ctrip and Naspers.

Deep nexus: Swiss firm Roche allegedly blocked cheaper cancer drugs

28 Apr 2017

India
Deep nexus: Swiss firm Roche allegedly blocked cheaper cancer drugs

Competition Commission of India, the country's anti-trust regulator, has ordered a probe against Swiss drug maker Roche, which was allegedly attempting to maintain monopoly in the breast cancer drug market.

CCI gives its nod to Reliance-Dassault joint venture

29 Jan 2017

Business
CCI gives its nod to Reliance-Dassault joint venture

The Competition Commission of India (CCI) announced that it had approved the joint venture between French aircraft manufacturer, Dassault Aviation SA and Anil Ambani-led Reliance Group.

MakeMyTrip, ibibo merger cleared by CCI

22 Jan 2017

Business
MakeMyTrip, ibibo merger cleared by CCI

Documents filed by MakeMyTrip to the US Securities and Exchange Commission show that the Competition Commission of India has approved its acquisition of Ibibo Group.

Ibibo and MakeMyTrip to merge

19 Oct 2016

Business
Ibibo and MakeMyTrip to merge

Online-focused travel groups MakeMyTrip and Ibibo announced their merger plans.

Reliance-Dassault JV to execute defence offset obligations

04 Oct 2016

Business
Reliance-Dassault JV to execute defence offset obligations

Reliance Defence will be Dassault Aviation's Indian strategic partner and they will enter into a Dassault-Reliance joint venture (JV) called 'Dassault Reliance Aerospace'.