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MUMBAI: When the stakes are measured in billions and egos are involved, even Silicon Valley titans can turn a courtroom into a battlefield. OpenAI has issued a sharp public response to Elon Musk's ongoing lawsuit, accusing the billionaire of filing the case to harass a competitor rather than address genuine concerns. In a strongly worded statement shared on its official X account, OpenAI described Musk's allegations as "baseless" and suggested the lawsuit is an attempt to disrupt the company as ...Read More >
New Delhi, April 8: Elon Musk -- who was a co-founder of OpenAI -- has sought the removal of current CEO Sam Altman and President Greg Brockman as part of his legal challenge to the Artificial Intelligence firm's shift to a for-profit structure, according to reports. In a court filing on Tuesday, Musk said his lawsuit aims to reverse OpenAI's restructuring and restore its status as a non-profit research organisation, they said. He also requested that any damages awarded in the case be directed ...Read More >
MUMBAI: A high-profile trademark dispute is brewing in the entertainment world as Las Vegas performer Maren Wade has filed a lawsuit against global pop star Taylor Swift over the title of her latest album. Filed on March 30 in the U.S. District Court for the Central District of California, the suit accuses Swift and UMG Recordings of trademark infringement, false designation and unfair competition. At the centre of the dispute is Swift's chart-topping album The Life of a Showgirl, released in O ...Read More >
New Delhi, Mar 30 (PTI) Morpheus Research on Monday released a report accusing travel booking platform MakeMyTrip of indulging in "anti-competitive practices" despite a significant penalty order from the Competition Commission of India (CCI) in 2022 directing the company to stop such practices. According to the report, Morpheus Research, an activist short-seller, which disclosed a short position in the company, alleged that MakeMyTrip continues to enforce price parity arrangements with hotel pa ...Read More >
During the hearing, senior advocate Abhishek Singhvi, representing Apple Inc, submitted that they have received the copy of a joint reply of the ministry and CCI last night and urged the court to grant some time to file the rejoinder. New Delhi: The Delhi High Court on Tuesday directed the Centre and Competition Commission of India to place on record their response filed on a plea by tech giant Apple Inc challenging CCI's direction to furnish the firm's audited financial statements for several ...Read More >
Mumbai, Oct 16 (PTI) The Bombay High Court has termed as alarming the realistic nature of deepfake images and videos and granted interim protection to actor Akshay Kumar over his personality rights. A bench of Justice Arif Doctor in the order passed on Wednesday termed as "truly alarming" the realistic nature of the deepfake images and videos that are being created using artificial intelligence. The order was made available on Thursday. "Both in the context of images and videos, the morphing i ...Read More >
New Delhi, Sep 12 (PTI) Association of Healthcare Providers - India (AHPI) on Friday issued a formal communication to Star Health Insurance listing the persistent issues faced by member hospitals and warned suspension of cashless services by them. The association, representing over 15,000 hospitals and healthcare institutions across the country, said this decision follows repeated complaints from member hospitals regarding Star Health Insurance's questionable practices. These include coercive ...Read More >
Bengaluru: Real-money gaming platform WinZO has raised concerns over Google's plea to the Competition Commission of India (CCI), arguing that it does not adequately address the anti-competitive issues flagged in an ongoing investigation. The case originates from WinZO's 2022 complaint alleging that Google abused its dominant position by restricting Play Store access to only fantasy sports and rummy apps while excluding other real-money gaming categories. With Google controlling 96% of India's ap ...Read More >
New Delhi: The Competition Commission of India (CCI) has directed Aditya Birla Group company UltraTech, owner of southern India-based India Cements, along with Dalmia Cement (Bharat) Limited (DCBL) and Shree Digvijay Cement and their executives to submit audited financial statements, including balance sheet and profit and loss account, within eight weeks of the order. The competition watchdog's direction came over a complaint filed by ONGC alleging cartelisation in its tenders. Following the co ...Read More >
Mumbai (Maharashtra), July 5 (ANI): UltraTech, the flagship cement company of Aditya Birla Group, has said that it is not under investigation in case related to anti-competitive practice before the Competition Commission of India and it has neither received any order from the CCI in this case nor have the company financials been sought by competition watchdog. In a stock filing, UltraTech termed as 'false and misleading' reports published in public domain concerning the company over the CCI pro ...Read More >
Mumbai (Maharashtra), July 5 (ANI): UltraTech, the flagship cement company of Aditya Birla Group, has said that it is not under investigation in case related to anti-competitive practice before the Competition Commission of India and it has neither received any order from the CCI in this case nor have the company financials been sought by competition watchdog. In a stock filing, UltraTech termed as "false and misleading" reports published in public domain concerning the company over the CCI pro ...Read More >
New Delhi, July 5: The country's leading cement maker UltraTec, on Saturday said it is not under investigation by the fair trade regulator CCI over alleged contravention of competition norms in tenders floated by state-run oil major ONGC. "It is clarified that the Company is not under investigation in this Case No. 35 of 2020 before the Competition Commission of India ("CCI"). The company has neither received any order from the CCI in this case nor have the company's financials been sought by th ...Read More >
Kolkata, July 5 (SocialNews.XYZ) The West Bengal unit of BJP, under the leadership of its new State party President Samik Bhattacharya is making all efforts to ensure a political rally in the state, with Prime Minister Narendra Modi addressing it, before Trinamool Congress's annual Martyrs' day rally in Kolkata on July 21. An insider from the state committee of BJP said that the week before July 21, the Prime Minister is scheduled to go for an election campaign in Bihar where the Assembly polls ...Read More >
New Delhi [India], July 4 (ANI): With its probe into a complaint by ONGC alleging cartelisation, finding evidence of Ultratech's subsidiary India Cements engaged in collusion with two other cement manufacturers in violation of the norms, the Competition Commission of India has given directions for submitting detailed financial and income tax records. The competition watchdog probed a complaint by ONGC alleging cartelisation in its tenders. Its probe found evidence of Ultratech and its subsidiar ...Read More >
New Delhi: The Competition Commission of India (CCI) has directed Aditya Birla Group company UltraTech, owner of southern India-based India Cements, along with Dalmia Cement (Bharat) Limited (DCBL) and Shree Digvijay Cement and their executives to submit audited financial statements, including balance sheet and profit and loss account, within eight weeks of the order. The competition watchdog's direction came over a complaint filed by ONGC alleging cartelisation in its tenders. Following the co ...Read More >
New Delhi [India], July 4 (ANI): With its probe into a complaint by ONGC alleging cartelisation, finding evidence of Ultratech's subsidiary India Cements engaged in collusion with two other cement manufacturers in violation of the norms, the Competition Commission of India has given directions for submitting detailed financial and income tax records. The competition watchdog probed a complaint by ONGC alleging cartelisation in its tenders. Its probe found evidence of Ultratech and its subsidiar ...Read More >
New Delhi: The Competition Commission of India (CCI) on Tuesday directed an investigation into Asian Paints for the latter's alleged abuse of its dominant market position. The regulator's move follows a complaint by Grasim Industries (Birla Paints Division) accusing Asian Paints of engaging in anti-competitive practices to stifle its growth in the decorative paints segment . Grasim has alleged that Asian Paints is offering extra discounts and incentives to dealers in exchange for exclusive tie ...Read More >
The Competition Commission of India (CCI) has urged the Supreme Court to transfer 24 writ petitions related to alleged anti-competitive practices by Amazon and Flipkart to a single High Court, preferably Delhi High Court, to expedite hearings and avoid conflicting rulings. The Supreme Court has agreed to list the matter early, with a likely hearing on Friday.The Competition Commission of India (CCI) on Thursday urged the Supreme Court to transfer a batch of 24 writ petitions pertaining to allege ...Read More >
Canada's Competition Bureau has filed a landmark lawsuit against Google, alleging the tech giant systematically manipulated the online advertising market to maintain its dominant position, potentially forcing the company to divest two of its key advertising technology tools. The move comes just days after US President-elect Donald Trump announced that he plans on imposing tariffs on Canada, in addition to China and Mexico. The antitrust watchdog accused Google of abusing its market power throu ...Read More >
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