Supreme Court Upholds CCI’s Rs 202 Crore Fine Against Amazon
The Supreme Court (SC) has granted a stay of the Competition Commission of India (CCI) order for Amazon to pay a fine of Rs 202...
Tag : Competition Commission of India (CCI)
CCI Approves Acquisition of Blackstone-Emerson Electric Co
The Competition Commission of India (CCI) said it had approved BCP Emerald Aggregator LP’s acquisition of a stake in Emerson Electric Co’s climate technology business...
Google Withdraws SC Appeal Against NCLAT Order, Refuses to Stay on CCI’s Rs 936 Crore Fine
Tech giant Google on April 17 withdrew the Supreme Court’s order against the National Company Law Appellate Tribunal (NCLAT) for refusing to stay on the...
Zee Entertainment Share Rises 14% in 4-Days in Hopes of Merger with Sony and Settlement with Lenders
Zee Entertainment Enterprises (ZEE), a TV broadcasting and software production company in India, has been involved in an ongoing dispute with IndusInd Bank. The bank...
HDFC-HDFC Bank Merger Approved, Board Considering Raising Funds Through NCDs
India’s largest mortgage lender, Housing Development Finance Corp (HDFC), plans to raise funds through non-convertible debentures (NCDs) to meet its capital requirements post-merger with HDFC...
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...
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...