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Regulator orders probe into IndiGo’s ‘unfair business practices’

File photo NEW DELHI: Two months after IndiGo’s mass flight cancellation in the wake of non-compliance with flying time norms, Competition Commission of India (CCI) on Wednesday ordered a detailed probe into its alleged unfair business practices.It said the carrier enjoyed “a position of dominance” in the airline business, noting that it operated exclusively on...

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‘CM gives provocative speeches’: EC flags ‘systemic violence’ in Bengal; seeks SC intervention

File photo NEW DELHI: Election Commission on Wednesday sought Supreme Court’s urgent intervention to curb and prevent, what it called, a systematic pattern of violence and threats against its officials conducting the special intensive revision of electoral rolls in West Bengal and alleged that while the CM’s speeches encouraged such situations, police are reluctant to...

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‘Allow me, sir’: Mamata argues against SIR in Supreme Court

FROM ASSEMBLY TO COURTROOM: Mamata Banerjee, a law graduate, A is perhaps the first CM to argue in-person before the SC NEW DELHI: In a dramatic twist to her agitation against the Special Intensive Revision (SIR) of electoral rolls, West Bengal CM Mamata Banerjee on Wednesday argued in Supreme Court against the exercise, which she...

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Anil Ambani undertakes not to leave country pending CBI-ED probes

Anil Ambani NEW DELHI: Industrialist Anil Ambani on Wednesday gave an undertaking to the Supreme Court through his lawyer that he would not flee India pending court-monitored CBI and ED probes into alleged siphoning of Rs 40,000 crore from loans availed of from banks.With petitioner EAS Sarma’s counsel Prashant Bhushan apprehending that given the spread...

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Energy security of 1.4bn Indians govt’s supreme priority: Goyal in Parliament

Piyush Goyal in Rajya Sabha (PTI photo) NEW DELHI: Commerce & industry minister Piyush Goyal said in Parliament Wednesday that ensuring energy security of 1.4 billion Indians will be govt’s “supreme priority”, hinting that any change in crude suppliers will not lead to rise in pump price.Goyal said India had secured its “core sensitivities” in...

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Trouble brewing in machines for coffee chains?

Representative image MUMBAI: India’s coffeehouse chains are staring at a troubling brew. A higher customs duty on roasting, brewing and vending machines which is already in place now, will raise costs for companies, hitting their margins.Factor in the rupee depreciation and a wobbly coffee inflation and you have a perfect mix for stirring up a...

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