The Competition Commission of India (CCI) is setting up an internal committee to recommend conflict of interest norms for its officials. This move comes as India’s top regulators face increased scrutiny and aims to enhance transparency and accountability. Experts welcome the initiative, drawing parallels with similar practices in the UK and the US.
The upcoming Diwali weekend sees a clash between two Bollywood heavyweights: ‘Bhool Bhulaiyaa 3’ and ‘Singham Again’. But the competition has taken a turn for the worse as allegations of unfair distribution practices have emerged, leading ‘Bhool Bhulaiyaa 3’ producers, T-Series, to seek intervention from the Competition Commission of India (CCI).
Crown Castle Inc. (CCI) has announced solid operating and financial performance for the third quarter of 2024, reaffirming its full year outlook for Adjusted EBITDA and AFFO. Despite a reduction in net income due to restructuring charges and asset write-down, the company remains optimistic about long-term value creation opportunities in its tower, small cell, and fiber solutions offerings.
The Competition Commission of India (CCI) is under the microscope of the powerful Public Accounts Committee (PAC) of the Indian Parliament. The PAC is conducting a performance audit of the CCI, examining its effectiveness in promoting competition and ensuring fair market practices. The review will cover the CCI’s track record in enforcement, manpower, and its ability to handle the evolving digital economy and the proposed digital competition law.
The Competition Commission of India (CCI) has escalated its antitrust investigation into e-commerce giants Amazon and Flipkart, demanding their financial statements. This move could significantly impact the outcome of the ongoing investigation and potentially lead to hefty penalties for the companies.
The Competition Commission of India (CCI) has demanded financial statements from Amazon and Flipkart as its investigation into alleged anti-competitive practices reaches its final stage. The investigation focuses on concerns that the e-commerce giants are giving preferential treatment to select sellers, potentially harming smaller businesses and limiting consumer choice. The CCI could impose penalties of up to 10% of the companies’ global turnover if found guilty.
This news roundup covers key events from India, including the Nifty 50 reaching a new all-time high, the CCI approving the Reliance-Disney India merger, and President Droupadi Murmu’s statement on the recent rape-murder case in Kolkata. Additionally, we explore other important developments like the government’s plans for industrial smart cities and Zomato’s new corporate food ordering service.
This article examines the recent analyst ratings for three high-yielding real estate stocks – Simon Property Group (SPG), Crown Castle (CCI), and VICI Properties (VICI). It provides insights into analyst recommendations and price targets, alongside recent news updates for each company.
