CCI

Bharti Airtel gets CCI nod to increase stake in Indus Tower to over 50%

Tue, Oct 22, 2024

The Competition Commission of India (CCI) on Tuesday cleared Bharti Airtel's proposal to increase its stake in Indus Towers, following a buyback of shares by the telecom infrastructure company. Indus Towers is a passive telecom infrastructure provider. 

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Zbiz Exclusive: CCI Investigates Flipkart, Amazon, Mobile Manufacturers - What's the Buzz?

Fri, Apr 26, 2024

CCI investigation against Flipkart, Amazon, mobile manufacturers - CCI found irregularities in the investigation - Evidence of business found against Amazon, Flipkart in Indian market - Amazon, Flipkart were themselves taking business decisions of associate companies. - The nexus of Amazon and Flipkart with mobile manufacturers also came to light. - Know the complete news from Tarun Sharma...

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AI can drive efficiency, but raises market concentration concerns: CCI chief Ravneet Kaur

Sun, Apr 07, 2024

The watchdog CCI, which has the mandate to curb anti-competitive ways and foster fair competition, will soon commission a study to look at all aspects of artificial intelligence (AI).

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Axis Bank-Max Life Insurance deal cleared by fair trade regulator CCI

Tue, Apr 02, 2024

Last year in August, the company announced a capital infusion by Axis Bank by issuance of 14.25 crore equity shares to help Max Life to support its future growth ambitions, augment its capital position and improve solvency margins.

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CCI orders probe against Google's play store pricing policy

Fri, Mar 15, 2024

The order also comes less than two weeks after Google removed some apps from the Play Store over payment issues. On March 1, Google removed some apps from its Play Store in India over a dispute on service fee payments and a few days later, it reinstated the apps in the wake of the government criticism.

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CCI's powers to penalise on global turnover basis to deter anti-competitive ways

Sun, Mar 10, 2024

With the amendments coming into force, the Competition Commission of India (CCI) now has the power to impose a penalty of up to 10 per cent of a company's global turnover for competition law violations.

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CCI clears IMCD India's additional stake purchase in Signet Excipients

Tue, Jan 09, 2024

Signet Excipients is engaged in the business of sales, marketing, distributing, importing, or exporting of excipients used for pharmaceuticals, food, API products, and other related products for pharmaceutical formulation.

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Apple, Google being probed for alleged unfair business practices: CCI chief Ravneet Kaur

Wed, Oct 11, 2023

Earlier, the regulator had passed orders against Google in cases related to the Android system and PlayStore.

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NCLAT set aside CCI order imposing penalty on 18 sugar mills, 2 trade associations

Tue, Oct 10, 2023

The appellate tribunal said the order passed by the fair trade regulator Competition Commission of India "suffers from illegality" and "does not comply with the requirement of adherence to the principle of natural justice".

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Government names three new members of fair trade regulator: Report

Wed, Sep 20, 2023

The new members appointed are Anil Agrawal, a former police official who recently worked at India's commerce ministry and worked on various startup initiatives and setting up of government's e-commerce network, Open Network For Digital Commerce. He confirmed the appointment to Reuters, but declined to elaborate.

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Air India-Vistara Merger: Competition Commission issued a show-cause notice to the Air India-Vistara merger deal

Wed, Jun 28, 2023

Air India-Vistara Merger: Competition Commission of India (CCI) has issued a show cause notice to the parties with respect to the proposed merger of Tata Group airlines Vistara and Air India, according to a source.

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CCI opens inquiry against Google for non-compliance with directions in Play Store case

Fri, May 12, 2023

On October 25 last year, the regulator slapped a penalty of Rs 936.44 crore on Google for abusing its dominant position with respect to its Play Store policies.

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CCI gives nod to deal involving Tower Vision India

Thu, May 04, 2023

Fair-trade regulator CCI on Wednesday granted approval for the acquisition of 100 per cent shareholding of Tower Vision India by Ascend Telecom Infrastructure and GIP EM Ascend 2 Pte Ltd.

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NCLAT Directs Google To Comply With CCI Order, Deposit Rs 1,337-Cr Fine In 30 Days

Wed, Mar 29, 2023

The NCLAT on Wednesday upheld the order of CCI imposing a penalty of Rs 1,337.76 crore on Google in a case related to abuse of its dominant position in Android. The tech giant has been given 30 days by National Company Law Appellate Tribunal to pay the fine and implement the order.

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NCLAT fine imposed on Google by competition watchdog- upholds Rs 1,337.76 cr

Wed, Mar 29, 2023

A two-member bench of the National Company Law Appellate Tribunal (NCLAT) directed Google to implement the direction and deposit the amount in 30 days.

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CCI clears proposed investment by Qatar Investment Authority in BTS Investment 1 Pte

Thu, Mar 23, 2023

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CCI nod to acquisition of 100% equity share capital of L&T Infrastructure, Kudgi Transmission

Wed, Mar 15, 2023

The Competition Commission of India (CCI) approved the acquisition of 100 per cent of the equity share capital of L&T Infrastructure Development Projects Limited (L&T IDPL) and Kudgi Transmission Limited (KTL), by Epic Concesiones Private Limited (ECPL) and Infrastructure Yield Plus II (IYP II), respectively.

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Govt invites applications for 17 posts at CCI on deputation basis

Fri, Mar 10, 2023

The government has invited applications for 17 posts, including for Additional Director General and Deputy Director General, at the Competition Commission of India (CCI) on a deputation basis.

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Reviewing SC decision; will cooperate with CCI on way forward, in parallel with our appeal: Google

Fri, Jan 20, 2023

With the Supreme Court turning down Google's plea for a stay on the CCI order, the tech giant on Friday said it is reviewing the details of the decision which is limited to interim relief and did not decide the merits of the appeal.

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Google challenges CCI order on Android devices, says it is setback for phone users

Sat, Dec 24, 2022

The Competition Commission had slapped a penalty of Rs 1,337.76 crore on Google for anti-competitive practices in relation to Android mobile devices. 

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NCLAT sets aside pleas against CCI's Rs 873-crore penalty on UBL, other beer makers

Sat, Dec 24, 2022

A two-member bench said after examining the materials and considering the arguments, it was of opinion that the "appellants had already admitted in the leniency application regarding their involvement in the cartelisation".

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Google approaches NCLAT against CCI's order on Android

Fri, Dec 23, 2022

Google has approached the appellate tribunal NCLAT challenging the CCI's order on unfair business practices in Android mobile device ecosystem, the company spokesperson said on Friday.

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Breaking News: CCI Raids Digvijay Cement & India Cements | Watch This Video

Thu, Dec 22, 2022

CCI raided Digvijay Cement and India Cements from this morning. Investigation was done on the complaint of ONGC Oil Well Cement. Know the complete details of the news from Tarun Sharma.

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