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January 25, 2021
It said the quantum of spectrum allocation will determine the quality of 5G offerings as scarcity of airwaves increases costs and makes operations inefficient.
January 24, 2021
Creating a competitive 5G market, it said, is crucial for the ultra-fast wireless broadband technology to work in India, which would require assignment of ample 5G airwaves at a reasonable cost to ensure the capital market stays interested in funding such network upgradation.
January 21, 2021
WHAT IS CONSUMER CONFIDENCE INDEX? Consumer Confidence Index The Consumer Confidence Index (CCI) is a survey that indicates how optimistic or pessimistic consumers are regarding their expected financial situation. If the consumers are optimistic, spending will be more, whereas if they are not so confident, then their poor consumption pattern may lead to recession. CCI is key to economic growth as consumption increases when they feel confident about the pre...
January 21, 2021
Axis Bank had sought CCI nod to acquire upto 20 per cent stake in Max Life in a deal also involving stake sale to the bank’s subsidiaries Axis Capital and Axis Securities
January 21, 2021
The Competition Commission of India (CCI) has approved e-commerce marketplace Flipkarts proposed acquisition of 7.8 per cent equity stake in Aditya Birla Fashion and Retail. Aditya Birla Fashion had approved the issuance of equity shares on a preferential basis to Flipkart for Rs 1,500 crore. In addition to approval of shareholders by way of postal ballot received on November 22, 2020), the issue was subject to regulatory approvals and completion of customary closing conditions under the inv...
January 21, 2021
In addition to working overtime to meet historic demands, Federal plans to introduce several new pistol and revolver cartridge options in 2021. In all, at least nine new loads in the Minnesota-based companys Hydra-Shok Deep, Punch, Swift A-Frame, and Syntech Range lines are set to be produced and distributed this year. Hydra-Shok Deep Federal is adding .380 ACP and .38 Special+P loads to the Hydra-Shok Deep series for 2021 (Photo Federal) Designed to bring new potential to pop...
January 21, 2021
The Competition Commission of India (CCI) has dismissed a complaint which alleged that the Bar Council of India (BCI) was abusing its dominant position with respect to legal education in the country.
January 21, 2021
Axis Bank-Max Life Insurance deal gets CCI nod As per the combination notice filed with CCI, the shareholding of Axis Bank in Max Life will increase to approximately 9.9 per cent PTI | January 21, 2021 | Updated 08:33 IST Fair trade regulator Competition Commission of India (CCI) on Wednesday said it has approved the stake acquisition in Max Life Insurance Company by Axis Bank, Axis Capital and Axis Securities. As per the combination notice filed with CCI, the shareholding of Axis Bank in Max...
January 21, 2021
Common director in Frontizo, Amazon Retail India; but firm in question is different, Amazon tells Karnataka HC The entity which is the subject matter of investigation over violation of Indias Competition Act is Amazon Seller Services India. January 21, 2021 / 08:31 PM IST E-commerce major Amazon on January 21 said that there was a common director in Frontizo and Amazon Retail India, albeit adding that Amazon Retail India wasnt the marketplace in question during a hearing in the Karnataka ...
January 20, 2021
Flipkart gets CCI nod to acquire 7.8% stake in Aditya Birla Fashion and Retail In October last year, Aditya Birla Fashions board had approved plans to raise Rs 1,500 crore by issuing a 7.8 per cent stake on a preferential basis to Walmart-owned Flipkart Group BusinessToday.In | January 20, 2021 | Updated 22:30 IST Flipkart to acquire 7.8% stake in Aditya Birla Fashion The Competition Commission of India (CCI) on Wednesday approved Flipkarts minority stake buying in Aditya Birla Fashion and Ret...