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February 16, 2021
Vodafone India merger deal with Idea Cellular gets CCI approval Vodafone India merger deal with Idea Cellular gets CCI approval The Competition Commission On Monday Approved The Merger Of Vodafone India And Idea Cellular, Said Lawyers Who Worked On The Deal, Which Will Create The Countryâs Largest Telecom Operator. PTI | Updated on: 24 Jul 2017, 09:31:13 PM New Delhi: The Competition Commission on Monday approved the merger of Vodafone India and Idea Cellula...
February 15, 2021
Telangana, Punjab and Odisha are three top States that have got maximum benefits of cotton procurement by the Cotton Corporation of India (CCI) during the current season 2020-21 (October 1, 2020 to Se
February 15, 2021
FRL-RIL deal: After Amazon moves Supreme Court, Future Group says will defend the matter Premium (REUTERS) Share Via Read Full Story NEW DELHI : Future Retail Ltd (FRL) today said Amazon has approached the Supreme Court against a Delhi High Court order that vacated the status quo on Future Groups proposed ₹24,713 crore-deal with Reliance Industries. Future Retail Ltd in a regulatory filing to stock exchanges said that it "shall defend the matter/proceedings through its legal counsels". TRE...
February 12, 2021
Amazon has filed an objection against the Future Retail-Reliance deal in the NCLT. This comes after Future Retail filed an application with NCLT seeking its approval to go through with the deal with R
February 12, 2021
February 12, 2021 No probe initiated on Flipkart-Aditya Birla Fashion deal The Competition Commission of India is looking into complaints received from the Confederation of All India Traders, alleging biased practices by banks in providing cashbacks and discounts for purchases on e-commerce websites such as Amazon and Flipkart, Minister of State for Commerce and Industry Som Parkash said in a written reply in the Rajya Sabha on Friday. The Minister also said that no investigation has been initi...
February 9, 2021
CCI opens probe into ‘cartelisation’ by steel mills February 10, 2021 1/4 × Will suo motu investigate if any concerted price setting has happened After cracking down on cement companies, the Competition Commission of India has launched a probe against steel companies for forming a cartel to increase prices consistently over the last seven months. The anti-trust regulator will scrutinise the business strategies of leading steel companies to check if they have colluded to jack up prices art...
February 9, 2021
CCI launches probe against steel companies over alleged price cartelisation There has been a sharp rise in steel prices since June and there have been complaints from various quarters against this. BusinessToday.In | February 9, 2021 | Updated 16:35 IST JSW Steel, Tata Steel, Steel Authority of India are among the major steel producers in the country. The Competition Commission of India (CCI) is investigating if steel companies colluded with each other to increase the price of the commodity. ...
February 7, 2021
Scarcity on high seas hurting India’s exports The freight rates on several trade routes have gone up beyond 150-200% since March. In some segments such as India-US East Coast, rates have gone up much more than three times. 9 min read Anto T. Joseph A shortage of shipping containers thanks to China’s quick recovery and Atmanirbharta is pushing up trade costs. Shipping ministry officials say the government is keen to set up a container manufacturing facility in the country. A high-level meeti...
January 29, 2021
Read more about Best of BS Opinion: Time for statesmanship, Make in America, and more on Business Standard. Heres a selection of Business Standard opinion pieces for the day
January 27, 2021
‘Abuse of dominance will be anti-trust’