The deal, announced in August, is JSW Energy's largest till date; will take the firm's operational generation capacity to 6.5 Gw from 4.8 Gw now, and accelerate its plans to achieve 10 Gw by FY25
Opinion split on how ecosystem will change after regulator asks tech giant to stop misusing its 'dominant position'
However, data shows that its record in collections has been dismal
Why does Google find itself in CCI's crosshairs? Why was this Diwali in Delhi the cleanest in years? Will the primary market suck out secondary market liquidity? What is a 'dirty' bomb? Answers here
CCI has fined Google Rs 936 cr for imposing its payments methods on app developers. It also fined Google Rs 1,338 cr for abusing its mobile device ecosystem. What does this mean for the stakeholders?
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The proposed amendments will require the GST Council's approval
Tech giant was yesterday ordered to pay Rs 937 cr as penalty for abusing dominant position of its app store
Walmart Inc-backed Flipkart is considering raising $2 billion to $3 billion at a valuation of more than $40 billion to expand its product range in India and challenge rivals
Competition commission fine on tech giant for abusing dominant position will have domino effect in other markets, they add
Regulator suggests eight corrective steps
We need to be sensitive to market demand while approving proposed acquisitions.
'Will open serious security risks… raise mobile device costs'
Apple's restrictions prima facie result in denial of market access for potential app developers and distributors
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The CCI in its press statement said that it found "Google to be dominant in all the above mentioned relevant markets"
The Competition Commission of India (CCI) on Thursday approved the proposed Rs 8,900 crore deal wherein two entities will buy stakes in Yes Bank. CA Basque Investments, part of the Carlyle Group, and Verventa Holdings, an affiliate of funds managed by Advent International are to acquire 10 per cent stake each in the private sector lender. The proposed combination involves the acquisition of up to 10 per cent each of the total paid up share capital and voting rights of Yes Bank by CA Basque Investments and Verventa Holdings, according to official releases. In July, Yes Bank announced raising of equity capital of Rs 8,900 crore from funds affiliated with two private equity investors -- Carlyle and Advent International. Deals beyond a certain threshold require approval from the regulator, which keeps a tab on unfair business practices in the market place.
CCI also ordered Google not to offer any incentives to smartphone makers for exclusively carrying its search services
The CCI has also directed MakeMyTrip and Goibibo to amend its market behaviour
The regulators of wealth in India are empowered and autonomous, unlike the regulators of wellness, leading to very different outcomes in the two sectors