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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
The antitrust body sent an internal memo citing a 1964 government official conduct law after its under-review findings on the Reliance-Disney merger went public.
The Competition Commission of India has warned its employees against sharing information with media without proper authorization from the antitrust body, Reuters said on Wednesday, citing an internal memo. The CCI reportedly referred to Section 11 of the Central Civil Services (Conduct) Rules, 1964. The section states that no government servant can divulge official or classified information without official sanction.
The memo follows reports of the CCI investigating the cricket broadcast issue around Reliance and Disney's planned billion-dollar merger of India assets. The antitrust watchdog later sent a warning notice to the companies after its findings concluded that the …
The acquisition of IDBI Bank puts his Fairfax smack dab in the middle of the RBI’s rules on bank ownership. It must now decide whether to sell CSB Bank or merge the two lenders, neither of which will be easy.
Instead of going after scale like Jio, the Sunil Bharti Mittal-led telecom giant is chasing a smaller but higher-quality customer base to grow its home broadband segment. Will the bet pay off?
While the Rs 9,000 crore promoter investment in Q1 brings a measure of reassurance, investors will still have to wait for Jio and retail to work through their challenges.
