Walmart India, Flipkart top executives meet CCI

May 23 2018

Top executives of Walmart India and Flipkart met fair trade regulator CCI to explain their activities in the country.

CCI approves USD 66 bn Bayer-Monsanto deal

May 22 2018

CCI has approved Bayer's proposed USD 66 billion acquisition of US-based biotech firm Monsanto, subject to certain modifications to the long-pending deal.

CAIT to move CCI on Walmart-Flipkart deal

May 21 2018

CAIT said it will move fair trade regulator CCI to file objections on the proposed Walmart-Flipkart deal, claiming that the agreement would lead to an uneven playing field and massive job losses.

Government begins search for next CCI chief

May 19 2018

The government has begun a search process to find the next chairperson of fair trade regulator Competition Commission of India (CCI) after the end of the tenure of incumbent D K Sikri later this year.

Google says India anti-trust ruling could cause 'irreparable" harm

May 17 2018

Alphabet Inc’s Google has said an Indian antitrust ruling that found it was guilty of search bias could cause “irreparable” harm and reputational loss to the company.

Flipkart India trims losses to Rs 244.7 cr in FY17

May 16 2018

Flipkart India has halved its standalone losses to Rs 244.7 crore during the 2016-17 fiscal from Rs 544.5 crore in the previous year, according to regulatory documents.

CCI approves acquisition of Electrosteel Steels by Vedanta

May 14 2018

Metals and mining giant Vedanta Ltd today said it has got the go-ahead from fair trade watchdog CCI to acquire the bankrupt Electrosteel Steels Ltd.

CCI lens on algorithms used for air ticket prices

May 11 2018

CCI plans to assess algorithms used by domestic airlines for ticket pricing to check for possible cartelisation, an official said amid instances of sharp fluctuations in airfares during peak demand.

Cotton output for April estimated at 360 lakh bales: CAI

May 08 2018

The Cotton Association of India (CAI) has retained its April estimate of the cotton crop for the season 2017-18, at 360 lakh bales of 170 kgs each, but has revised state output figures.

HC extends order preventing coercive action by CCI against Maruti

May 07 2018

The court said its March 15, 2016 interim order in Maruti's plea "is made absolute" till the division bench finally decides the issue.

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