CCI Raids: AAAI’s advisory to agencies could backfire, say experts

After reviewing the feedback and terms of the proposal, the CCI acknowledged Google’s commitment to major structural changes under its newly introduced “New India Agreement.”

Empowered under section 36 of the Competition Act, 2002, which grants the Commission extensive regulatory powers. These include summoning individuals, enforcing document production, examining witnesses, and requisitioning records from various offices.

Breaking: Gandhi family ends feud, restructures and merges Vadilal empire

A key component of the agreement involves securing the “Vadilal” brand within the company. Currently, the brand is used under a non-exclusive license from a promoter group entity.

The board approved a composite scheme of amalgamation to merge promoter/promoter group entities with Vadilal Industries. This includes the merger of Vadilal Finance Company Private Limited (VFCPL), Veronica Constructions Private Limited (VCPL) and Vadilal International Private Limited (VIPL).

Delhi HC grants tax exemption to Indian Broadcasting & Digital Foundation

The crux of the investigation revolves around whether these industry bodies colluded to fix commissions, manipulate pricing, or restrict fair competition.

The High Court also upheld IBDF’s argument that its role in the formation and promotion of BARC was neither voluntary nor discretionary but was mandated by the Central government’s policy, as supported by recommendations from both TRAI and the Standing Committee of Parliament.

Breaking: MIB addresses AI-based news recommendation and fake news regulation

The minister highlighted that VVDN’s new facility is designed for high-volume, complex product assembly, including AI servers, networking gear and large-scale PCBs, the SMT Line boasts a remarkable throughput of 250,000 components per hour.

Union Minister Ashwini Vaishnaw addressed the shift of media houses from traditional to digital platforms, emphasizing India’s diverse and expansive media landscape.

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