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New Delhi: The Competition Commission of India (CCI) on Tuesday approved the Sumitomo Mitsui Banking Corporation’s acquisition of certain share capital and voting rights of Yes Bank. “The proposed combination relates to the acquisition of share capital and voting rights of YES Bank by Sumitomo Mitsui Banking Corporation (SMBC),” the CCI said. Earlier last month,…
Google on Sunday said it is reviewing the Competition Commission of India (CCI) orders into its conduct in the online display advertising market. The trade regulator ordered a thorough probe over a complaint filed by the Alliance of Digital India Foundation (ADIF). The CCI said it has decided to club the complaint with ongoing investigations…
New Delhi: Google on Sunday said it is reviewing the Competition Commission of India (CCI) orders into its conduct in the online display advertising market. The trade regulator ordered a thorough probe over a complaint filed by the Alliance of Digital India Foundation (ADIF). The CCI said it has decided to club the complaint with…
New Delhi: In a respite for Mark Zuckerberg-run Meta, the National Company Law Appellate Tribunal (NCLAT) on Thursday stayed the five-year ban imposed by the Competition Commission of India (CCI) on WhatsApp for its data-sharing practices. The NCLAT bench, led by Justice Ashok Bhushan, said such a ban could disrupt WhatsApp’s business model in the…
New Delhi: Social media platform Meta on Monday moved the National Company Law Appellate Tribunal (NCLAT), challenging a recent Competition Commission of India (CCI) order imposing a Rs 213 crore penalty on the firm related to WhatsApp’s 2021 privacy policy update. In November last year, the competition watchdog directed WhatsApp to not share user data…
New Delhi13 minutes ago copy link Hearing will be held today (January 6) on e-commerce platforms Amazon and Flipkart. The Competition Commission of India i.e. CCI has accused these companies of violating the rules of market competition. On December 3, 2024, CCI had asked the Supreme Court to simultaneously transfer all the cases against both…
Hindi News Business CCI Seeks SC Hearing To Expedite Investigation In Amazon And Flipkart Cases New Delhi7 minutes ago copy link Competition Commission of India i.e. CCI has asked the Supreme Court to hear legal challenges to investigate e-commerce platforms Amazon and Flipkart. CCI said that Samsung, Vivo and other companies are presenting challenges in…
New Delhi: After the Competition Commission of India (CCI) directed WhatsApp to not share user data collected on its platform with other Meta products or companies for advertising purposes for a period of five years, the company said that it disagreed with the CCI’s decision and plans to appeal. The competition watchdog, in its antitrust…
Hindi News Business Zomato And Swiggy Deny CCI Antitrust Violations, Say Media Report ‘misleading’ New Delhi11 minutes ago copy link Food Delivery platforms Zomato and Swiggy have termed the news of violation of competition norms as misleading. Recently, it was said in media reports that the Competition Commission of India i.e. CCI has found Zomato…
New Delhi45 minutes ago copy link India’s third largest airline Vistara will operate its last flight tomorrow i.e. on 11th November. Air India will operate all Vistara flights from November 12. Ticket booking for this will also be done through Air India website. The merger deal of Air India and Vistara was signed in November…