NCLAT Declines Stay on CCI’s Rs 936.44 Crore Google Penalty, Asks Firm to Pay 10%
National Company Law Appellate Tribunal (NCLAT) has refused to stay the Rs 936.44 crore penalty imposed by the Competition Commission of India (CCI) over Google...
Tag : Competition Commission of India (CCI)
CCI Levies Rs 1,337.76 Crore Penalty on Google amid Unfair Trade Practices
On Thursday, the Competition Commission of India (CCI) levied a penalty of Rs 1,337.76 crore on Google for ostensibly abusing its governing position in multiple...
SC Rejects Petition Against CCI Probe into WhatsApp Privacy Policy
The Supreme Court has rejected a request from social media platforms Facebook and WhatsApp‘s parent company Meta Platforms Inc, challenging an investigation ordered by the...
Axis Bank Shares Fall 4% After Huge Block Deal
According to Bloomberg, the shares of Axis Bank fell more than 4% after a 0.5% stake in the bank changed hands in two tranches in...
AB Capital Shares Jump Nearly 5% as CCI Approves Sale of Stake in Health Insurance Business
Shares of Aditya Birla Capital Ltd rose 4.9% on Thursday after the Competition Commission of India (CCI) approved Abu Dhabi Investment Authority (ADIA) to invest...
Zee Sony Merger Receives Approval From NSE, BSE
On Thursday, the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) approved the proposed merger of ZEE Entertainment Enterprises Limited (ZEEL) and Culver...
Zomato Shares Drop 14% to New Low as Pre-IPO Investor Lock-in Ends
Shares of the food delivery platform company fell 14% in intraday trading on the BSE on Monday, with Zomato hitting a record low of Rs...
CCI Approves Air India’s Acquisition of AirAsia India
On Tuesday, the Competition Commission of India (CCI) approved a proposal by Tata Group-owned Air India to acquire the entire stake in Tata-controlled low-cost carrier...
Delhi HC Adjourns WhatsApp, Meta Appeal in CCI Case to July 21
The Delhi High Court has adjourned the appeal of Meta and WhatsApp against a Competition Commission of India (CCI) probe into the messaging app’s 2021...
Cloudtail Starts Shipping Inventory to Other Sellers Ahead of Closure
Cloudtail has begun moving its inventory and business to other sellers on the e-commerce marketplace ahead of its closure. Retailers who supply to Cloudtail across...