SWFs are investment fund engines owned by the Government to achieve pre-determined objectives of the Government. The Government invests through SWFs, inter-alia, to diversify their assets, to secure better gains on their investment, to tap into new jurisdictions, to promote industrialization, etc. The SWFs investment activities have grown substantially with SWFs having over USD 11.5 […]
From discovering water on the moon in 2008, and reaching Mars in its very first attempt in 2014, to being the first country to soft land its lunar exploration mission, Chandrayaan-3, on the south pole of the moon on August 23, 2023, India has taken rapid strides in space exploration. The Indian Space Research Organisation […]
“Competitive neutrality” meaning creating a level playing field between public and private sector is a bedrock of modern competition laws across the Globe. For instance, in Europe, there are special provisions for scrutiny of “State Aid” in the form of Article 107 of the Treaty on the Functioning of the European Union (TFEU). Unfortunately, while redesigning […]
Google loses appeal against CCI’s “Android Order” in India – NCLAT upholds the CCI decision on Google’s abuse of dominance but with some caveats on remedies. Google has tasted another setback in India in its fight with the Antitrust regulator, Competition Commission of India (“CCI/Commission”). The appeal filed by Google against the CCI last order […]
Lok Sabha , the Lower House of the Indian Parliament on 29.03.2023 passed the much awaited Competition Amendment Bill, 2002 (“the Bill”). The Bill was introduced in the Lok Sabha on 05.08.2022 and was referred to Standing Committee on Finance for examination and report thereon on 17.8.2022. The Standing Committee on Finance (under the chairmanship of Shri Jayant Sinha) […]
So, has Google got it wrong this time? Recently, the Delhi High Court rapped the internet giant for “threatening” to sue the fair market regulator, the Competition Commission of India (CCI), for the “leak” of the confidential investigation report of its investigative arm, the director general, to the media, leading to headline stories in India. […]
