CCI rejects another complaint against Reliance Jio

For the second time in a week,the Competition Commission has dismissed allegations of unfair business practices made against Mukesh Ambani-led Reliance Jio Infocomm. The complaint mainly pertained to the free services offered by the new telecom player and allegations that it indulged in predatory pricing.   This is the second time that the Competition Commission…

Read More

Paytm boss to buy Rs 82 crore Lutyens’ home

BENGALURU: Paytm founder and digital entrepreneur Vijay Shekhar Sharma is buying a Rs 82-crore ($12.7-million) residential property at New Delhi’s Golf Links, one of the country’s most expensive real estates. Sharma has already paid a substantial advance after signing an MoU for a nearly 6,000-sq-ft property in the Lutyens’ zone, though the transaction is not…

Read More