NCLAT rejects Amazon’s appeal against CCI order suspending Future deal

[ad_1] In a major setback to Amazon, the National Company Law Appellate Tribunal (NCLAT) on June 13 rejected the U.S. e-commerce giant’s appeal against an antitrust suspension of its investment deal with Future Group, saying the retailer had not made full disclosures at the time of seeking approval. NCLAT also upheld a ₹200-crore penalty imposed […]

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CCI penalises firms involved in cartelisation in Indian Railways tenders

[ad_1] The CCI also held 10 employees of these seven companies “to be liable for the anti-competitive conduct of their respective companies” The CCI also held 10 employees of these seven companies “to be liable for the anti-competitive conduct of their respective companies” The Competition Commission of India (CCI) on Thursday penalised seven companies that […]

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Retail investors acting like shock absorbers in stock market: Nirmala Sitharaman

[ad_1] The Union Finance Minister was speaking at an event of the Corporate Affairs Ministry as part of the Azadi ka Amrit Mahotsav. The Union Finance Minister was speaking at an event of the Corporate Affairs Ministry as part of the Azadi ka Amrit Mahotsav. Amid continuing volatility in the stock market, Union Minister for […]

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