India’s business growth hits 14-month low in January, PMI shows
India’s business activity grew at the slowest pace in over a year in January, a survey showed, highlighting emerging cracks in its world-beating economic growth at start of 2025 although firms hired new staff at a record pace. The services industry is the major engine of Asia’s third-largest economy and
AMG Green Power and ORIX seek CCI nod for stake realignment in Greenko Energy
In a significant development for the renewable energy sector, AMG Green Power B.V. (AMG Power) and ORIX Corporation (ORIX) have approached the Competition Commission of India (CCI) for approval of a proposed transaction involving Greenko Energy Holdings (GEH) and AM Green (Luxembourg) S.À.R.L. (AMG Lux). The transaction aims to realign
CTC prices at Kochi auctions gain on blenders’ demand
A strong demand from blenders pushed up CTC dust prices at Kochi tea auctions with a ₹2 increase in average price realisation this week. All blenders together absorbed 59 per cent of the 6,52,759 kg of CTC in sale 4, witnessing a strong demand. The market was steady to firm
SC rejects PIL seeking to scrap TDS system, calls it ‘badly drafted’
The Supreme Court on Friday refused to entertain a PIL seeking to declare that the Tax Deducted at Source (TDS) system is “manifestly arbitrary, irrational and violative of various fundamental rights”. A bench of Chief Justice of India Sanjiv Khanna and Justice Sanjay Kumar declined the plea filed by advocate
Suhana Masala, Ecofactory Foundation to set up Centre of Excellence for spices production in Telangana
Suhana Masala, a spices company, has teamed up with the Ecofactory Foundation to set up a Centre of Excellence (CoE) for spices production in Telangana. The CoE, which will be located adjacent to Suhana’s existing facility in Sangareddy, will promote modern spice farming by training and equipping farmers with skills
Karnataka Governor Gehlot returns the Mineral Tax Bill, seeks clarification
The Karnataka Governor Thawar Chand Gehlot has returned the Mineral Tax Bill, according to news reports. The Governor cited queries raised by mining associations as the reason for his decision. Commenting on the development, Congress spokesperson, BL Shankar stated, “This Bill was introduced in the interest of the community. Both
CAI revises upwards 2024-25 cotton output, consumption figures
Cotton Association of India, the apex trade body for the fibre crop in the country, has revised upwards its crop projections by 2 lakh bales of 170 kg each from its earlier estimates for the crop year 2024-25 ending September. The trade body also estimates the consumption to be higher
Tata Sons seeks CCI nod for 10 per cent stake buy in Tata Play
Tata Sons Private Limited (Tata Sons) has approached the Competition Commission of India (CCI) for approval to acquire a 10 per cent stake in Tata Play Limited from Baytree Investments (Mauritius) Pte Ltd., a Temasek affiliate. The proposed transaction, notified under Section 6(2) read with Section 5(a) of the Competition
Tata Sons seeks CCI nod for 10 per cent stake buy in Tata Play
Tata Sons Private Limited (Tata Sons) has approached the Competition Commission of India (CCI) for approval to acquire a 10 per cent stake in Tata Play Limited from Baytree Investments (Mauritius) Pte Ltd., a Temasek affiliate. The proposed transaction, notified under Section 6(2) read with Section 5(a) of the Competition
CCI keeping pace with India’s rapidly evolving economic landscape, says Chairperson Kaur
In an exclusive interaction with businessline, Ravneet Kaur, Chairperson of the Competition Commission of India (CCI), reflects on innovation, start-ups and the future of competition law. As she marks over a year and a half at the helm, Kaur delves into her dynamic vision and strategic priorities for the competition watchdog.