CCI suspends Amazon's 2019 deal with Future, imposes Rs 200-cr penalty
India's antitrust body on Friday suspended Amazon.com's 2019 deal with Future Group following a review of allegations that the US e-commerce giant had concealed information while seeking regulatory approval. It also imposed a Rs 200-crore penalty on Amazon.
The unprecedented step taken by the Competition Commission of India (CCI) could have far-reaching consequences on Amazon's legal battles with now estranged partner Future. Read more
101 Omicron cases in India; time to avoid non-essential travel: Govt
As many as 101 positive cases of the Omicron variant of the