The Competition Commission of India (CCI) has unveiled a significant antitrust investigation revealing that major smartphone manufacturers, including Samsung, Xiaomi, Motorola, Realme, Vivo, and Lenovo, allegedly colluded with e-commerce giants Amazon and Flipkart. This alleged collusion involved exclusive product launches and preferential treatment, breaching local competition laws and raising…
In a significant regulatory action, the Securities and Exchange Board of India (SEBI) has barred industrialist Anil Ambani and 24 associated entities from the securities market for five years. This penalty follows an investigation into the diversion of funds from Reliance Home Finance Ltd. (RHFL), a company under Ambani’s broader business conglomerate. SEBI has also imposed a hefty fine of ₹25…
In India, private banks are increasingly turning to social media influencers to promote their products, but they are proceeding with caution in light of recent regulatory developments. The Securities and Exchange Board of India (SEBI) has prohibited regulated entities from associating with financial influencers who are not registered with the market regulator. Financial influencers, or…
