CCI Raids: AAAI’s WhatsApp exit advisory could backfire, say experts

Interestingly, in the wake of the advisory, multiple senior agency CEOs were notably absent from a major industry event last week.

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.

ChatGPT hits one million users in an hour as Ghibli maker free image generation goes live

Powered by OpenAI's GPT-4o model, the image generation tool enables users to create visually striking images directly within the ChatGPT interface.

Following overwhelming success among premium users, OpenAI’s new image generation tool, powered by GPT-4o, is now available to all free-tier ChatGPT users, sparking a wave of creative outputs online.

Croma appoints Shibashish Roy as CEO & MD

The appointment is effective from April 1, 2025.

Roy, a Tata Group veteran with over two decades of experience, was appointed CEO in November 2024 and worked closely with outgoing MD Avijit Mitra during a structured transition period that concluded in March 2025.

Google to pay $100 million to settle 14-year-old ad lawsuit

The lawsuit, which was initially filed in 2011, claims that Google violated California's Unfair Competition law by charging advertisers for clicks on ads shown outside the geographic regions they selected.

The lawsuit alleges Google misled advertisers about the geographic locations of ads and failed to honour its “Smart Pricing” promise. The proposed settlement still requires court approval.

Post NCLAT ruling, startups demand government action against “dominant digital gatekeepers”

More than 70% of the companies leverage generative AI as an opportunity (Image source: Moneycontrol)

The NCLAT upheld key findings of the Competition Commission of India (CCI)’s antitrust order, confirming Google’s unfair imposition of its Play Billing System (GPBS) on app developers. However, the tribunal reduced Google’s penalty from ₹936.44 crore to ₹216.69 crore.  

OpenAI seeks $40 Billion in new funding to drive AI expansion

SoftBank is expected to contribute 75% of the funding, while the remaining investment will come from Microsoft, Coatue Management, Altimeter Capital, and Thrive Capital, according to a source familiar with the matter.

SoftBank is expected to contribute 75% of the funding, while the remaining investment will come from Microsoft, Coatue Management, Altimeter Capital, and Thrive Capital, according to a source familiar with the matter.

Diageo’s Hina Nagarajan stresses on diversity even as global corporates downplay

"While many companies worldwide are scaling back their Diversity, Equity, and Inclusion (DEI) initiatives, diversity and inclusion remain deeply ingrained in Diageo’s strategy, regardless of external pressures," Nagarajan said.

Since 2017, Diageo India’s workforce diversity has grown from 7.5 percent to nearly 30 percent, with over half of its executive committee now composed of diverse representation.

SEBI targets misleading finfluencers, AMFI’s role under the microscope

Pandey also addressed the role of AMFI in regulating mutual fund distributors (MFDs). "AMFI is supposed to regulate mutual fund distributors (MFDs). If it falls short, our surveillance systems will take care of it," he stated. (Representative Image: Anastase Maragos via Unsplash)

The SEBI chairman also voiced concern about the lack of registered investment advisers in India, and the need for more people to enter that profession.