The contest had 240 participants. Most wore diapers to avoid leaving the mattress.
A recent study by the competition watchdog shows AI-led market concentration is rising. Expect a regulatory pushback as the still coalescing philosophy is directionally clear: data asymmetry is both a competition and a governance problem
Analysts say competitive pressure in India’s quick commerce space has been rising for several quarters, and Zepto’s recent fundraise is set to sharpen it further as Blinkit doubles store count, Instamart leans on discounts, and Reliance, Flipkart and Amazon expand into new city tiers
Meeting focuses on consent rules, data as ‘currency’ in deals; experts say overlaps with competition law inevitable but manageable through cooperation
Near-term focus of the company shifts to driving efficiency and narrowing losses
As AI tools reshape pricing and competition dynamics, regulators like the CCI are scrutinising their potential to enable collusion. A nuanced, case-by-case approach is essential to balance innovation with market fairness and accountability
Bank of Baroda Q3 results: Net profit rises 5.6% to Rs 4,837 crore, NII up 3%. L&T Q3 results: Net profit rises 14% to Rs 3,359 crore, but misses estimates as EBITDA margins fall. Biocon Q3 results: All business segments grow; EBITDA up 16%, revenue rises 7%. IndusInd Bank Q3 Preview: Profit may see sharp 39% YoY fall amid rising slippages. Nestle India Q3 Preview: Net profit may slip 9% on increased competition
In the coming days, the IT ministry is expected to meet more industry bodies and representatives of companies.
In the report, Nasscom and AZB and Partners were said to be "in favour of ex-ante regulation" for digital markets, which refers to regulatory measures implemented in anticipation of potential problems
With a share of over 50 percent, Asian Paints leads the market by a distance, followed by Berger Paints with 18%, Kansai Nerolac Paints with 15%, and AkzoNobel (Dulux) with 7%.
Analysts expect the bigger players will continue to buy up smaller companies and consolidate to protect and gain market share on expectations of robust demand.
Throcare had normalised EBITDA of 30 percent in Q2 of FY24 and in the same period the previous year.
The CCI’s scrutiny comes amid growing concerns within the industry about a duopoly, with a merged Air India-Vistara and IndiGo controlling more than 75% of the domestic market as smaller rivals such as SpiceJet and Go First struggle.
Volkswagen reaffirmed its financial outlook for the year and said it was taking steps to strengthen its business in China, where it has seen sales decline in the face of stronger local competition.