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  • SC grants 2 more weeks to Amazon in CCI case over Future Group deal Nov 29, 2021 01:01 PM IST

    SC grants 2 more weeks to Amazon in CCI case over Future Group deal

    CCI had concluded hearing in the matter last week where the central issue was essentially questioning the validity of the 2019 deal between Amazon and Future Coupons

  • Supreme Court to hear Amazon’s appeal against expedited CCI proceedings on Nov 29 Nov 25, 2021 11:50 AM IST

    Supreme Court to hear Amazon’s appeal against expedited CCI proceedings on Nov 29

    Amazon had moved the Supreme Court in appeal after the Delhi High Court passed an order directing the Competition Commission of India to review the approval granted to the 2019 deal between Amazon and Future Coupons

  • CCI approves FedEx India's minority stake-buy in Delhivery Nov 24, 2021 09:53 AM IST

    CCI approves FedEx India's minority stake-buy in Delhivery

    It has also given nod to acquisition of certain operating assets of FedEx India and TNT India by Delhivery. Under the proposed combination, FedEx India will acquire a minority stake in Delhivery on fully diluted basis along with certain minority investor rights, according to a combination notice filed with the regulator.

  • Amazon-Future group case: SC defers hearing due to bulky documents Nov 23, 2021 12:02 PM IST

    Amazon-Future group case: SC defers hearing due to bulky documents

    Directing both Amazon and Future group to file a smaller number of documents, the court adjourned the hearing to December 8.

  • NCLAT stays Rs 200 crore penalty by CCI on Maruti Suzuki for now Nov 22, 2021 08:39 PM IST

    NCLAT stays Rs 200 crore penalty by CCI on Maruti Suzuki for now

  • Amazon’s Future Group deal followed same strategy as its More Retail stake buy to skirt Indian laws Nov 15, 2021 03:43 PM IST

    Amazon’s Future Group deal followed same strategy as its More Retail stake buy to skirt Indian laws

    The structure of the More Retail deal has been prompted by Amazon’s concerns over Press Note 2 (2018) released by the Indian government to tighten norms for e-commerce companies, said legal experts. New revelations could lead to further scrutiny of the transaction

  • Future Retail cannot sell to these companies, as per Amazon Nov 15, 2021 02:12 PM IST

    Future Retail cannot sell to these companies, as per Amazon

    This is the second letter in less than a week that accuses Amazon of concealing information and requests CCI to revoke the nod it gave to the Amazon-Future Coupons Private Ltd (FCPL) deal in November 2019.

  • Future Retail discloses new documents that could void Amazon deal Nov 14, 2021 07:33 PM IST

    Future Retail discloses new documents that could void Amazon deal

    The disclosures made by Future Retail’s independent directors were part of filings made by Amazon in the Supreme Court. They will result in cancellation of CCI approvals given for Amazon's all transactions with Future Group, acquisition of More Retail network and other retail networks and commensurate fines and penalties by ED and other enforcement bodies.

  • Letter to CCI was triggered by Singapore arbitrator’s ruling: Future Retail’s Ravindra Dhariwal Nov 09, 2021 09:03 PM IST

    Letter to CCI was triggered by Singapore arbitrator’s ruling: Future Retail’s Ravindra Dhariwal

    SIAC had said three commercial agreements between Amazon and Future Coupons must be read together and not separately. If read together, they violate FEMA, SEBI and FDI rules.

  • Future Retail-Amazon battle| This isn’t the first time Amazon is facing allegations of misrepresenting facts Nov 08, 2021 06:09 PM IST

    Future Retail-Amazon battle| This isn’t the first time Amazon is facing allegations of misrepresenting facts

    In October 2021, US lawmakers had accused Amazon of lying to the US Congress

  • CCI approves HDFC Bank's acquisition of 4.99% stake in HDFC ERGO General Insurance Co Oct 25, 2021 07:38 PM IST

    CCI approves HDFC Bank's acquisition of 4.99% stake in HDFC ERGO General Insurance Co

    In June, HDFC Bank had said its board has given approval to buy more than 3.55 crore shares in group firm HDFC ERGO General Insurance Company for over Rs 1,906 crore from the parent company Housing Development Finance Corporation (HDFC).

  • CCI approves acquisition of Hinduja Global Solutions' healthcare BPO services by Betaine BV Oct 18, 2021 09:45 PM IST

    CCI approves acquisition of Hinduja Global Solutions' healthcare BPO services by Betaine BV

    The transaction will involve the acquisition of worldwide healthcare business process outsourcing (BPO) services of Hinduja Global Solutions, along with certain assets, contracts and employees by Betaine.

  • Air India disinvestment explained: What the Tatas get, what remains with the government and more Oct 09, 2021 03:11 PM IST

    Air India disinvestment explained: What the Tatas get, what remains with the government and more

    An Insider’s account of the turning points and financial details of the big-bang privatisation move.

  • UBL may resort to debt for CCI's Rs 752 crore penalty Sep 29, 2021 10:17 AM IST

    UBL may resort to debt for CCI's Rs 752 crore penalty

    The antitrust body on September 24 has imposed penalties of around Rs 900 crore on three beer-making companies including SABMiller India (makers of foster beer), United Breweries (makers of Kingfisher beer) and Carlsberg as well as their trade association All India Brewers’ Association (AIBA) for cartelisation.

  • Not leaked info on Google probe, CCI tells Delhi HC Sep 27, 2021 03:50 PM IST

    Not leaked info on Google probe, CCI tells Delhi HC

    Taking note of the CCI’s submissions, the Delhi high court said nothing survives in the petition filed by Internet giant Google against the alleged leak of confidential probe information and disposed of the plea.

  • CCI penalises United Breweries India and Carlsberg India for carterlisation Sep 24, 2021 04:57 PM IST

    CCI penalises United Breweries India and Carlsberg India for carterlisation

    While the CCI has directed United Breweries and Carlsberg India to pay penalties of Rs 750 crore and Rs 120 crore respectively, it has given SABMiller India 100 percent reduction in penalty for cooperating in the investigation.

  • 'Amazon Great Indian Festival' to begin on Oct 4  Sep 24, 2021 02:57 PM IST

    'Amazon Great Indian Festival' to begin on Oct 4 

    More than 78% of the surveyed Amazon sellers expect to reach out to new customers, 71% mentioned an increase in their sales and 71% mentioned a recovery in their business as their top expectations from the festive season.

  • Google takes CCI to court over 'leaked' investigation report Sep 23, 2021 02:04 PM IST

    Google takes CCI to court over 'leaked' investigation report

    Google said confidential information in an ongoing case was leaked to the media while in CCI custody.

  • Google files writ with Delhi HC against CCI after "leak" of confidential report Sep 23, 2021 01:49 PM IST

    Google files writ with Delhi HC against CCI after "leak" of confidential report

    Google, in a statement, said it aims to prevent any further unlawful disclosures of confidential findings by the investigative arm of Competition Commission of India (CCI).

  • CCI talking to third parties in Amazon-Flipkart probe: Report Sep 01, 2021 10:33 AM IST

    CCI talking to third parties in Amazon-Flipkart probe: Report

    Some sellers that CCI reached out to have contended that the launch of smartphones on the e-commerce platforms was not accessible by independent third-party sellers.

  • Amazon to end partnership with Narayana Murthy's Catamaran Ventures from May 2022 Aug 09, 2021 06:51 PM IST

    Amazon to end partnership with Narayana Murthy's Catamaran Ventures from May 2022

    The decision follows harsh criticism from traders association for unfair trade practices.

  • SC dismisses plea by Amazon, Flipkart seeking relief from CCI probe Aug 09, 2021 12:24 PM IST

    SC dismisses plea by Amazon, Flipkart seeking relief from CCI probe

    Amazon and Flipkart had moved the apex court on July 28 seeking relief from the investigation of the CCI after losing their appeals in lower courts.

  • Amazon files petition in SC against Karnataka HC order allowing CCI probe Jul 28, 2021 04:57 PM IST

    Amazon files petition in SC against Karnataka HC order allowing CCI probe

    The two companies have reached out to the apex court after losing their appeals in lower courts.

  • Flipkart moves Supreme Court to seek relief from CCI's investigation Jul 27, 2021 05:03 PM IST

    Flipkart moves Supreme Court to seek relief from CCI's investigation

    Taking a leaf from Commerce Minister Piyush Goyal's recent remark, the Karnataka High Court in its 156-page long order had said that the court failed to understand why Amazon and Flipkart did not want to participate in the enquiry by the Competition Commission of India (CCI).

  • Karnataka High Court dismisses Amazon-Flipkart's plea against CCI investigation Jul 23, 2021 10:52 AM IST

    Karnataka High Court dismisses Amazon-Flipkart's plea against CCI investigation

    The order means that the Competition Commission of India's probe against the two e-commerce giants for alleged anti-competitive practices will continue

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