The Competition Commission of India (CCI) has urged the Supreme Court to consolidate all the cases against e-commerce giants Amazon and Flipkart in the country to expedite the antitrust probe.
The Bollywood star’s involvement in the franchise as co-owner, alongside Dharmender Goel and Vipul Bansal, was announced at the Maharashtra State Lawn Tennis Association (MSLTA) on Saturday.
Zomato addressed the claims of the antitrust investigation by the Competition Commission of India (CCI) into its business practices, and called them “misleading”.
These employees are engaged on a contract basis in various ITIs of Delhi.
A high-level delegation of state commerce and industries department inspected the present conditions of the closed factories in Asansol on Friday.
Additionally, they run a systematic campaign to manipulate search results to divert sales of the bestselling products on its platform to its own product lines.
In the letter dated June 4, the CCI said Amazon hid factual aspects of the transaction by not revealing its strategic interest in Future Retail when it sought approval for the 2019 deal, the global news wire said.
It further noted that the acquirer is the investment fund of its controlling entity, Synergy Metals and Mining Fund I LP, which invests in the industrials, metals and power sectors globally.
Food delivery app Zomato, which is working to explore public markets later this year, has reached an agreement to invest $100 million in online grocer Grofers for about a 10 per cent stake.
HIBV is an investment holding company and is itself not engaged in any business activity.
