New India News

New Delhi, The Competition Commission of India (CCI) has notified the revised Commitment (Amendment) Regulations, 2026 which extend the filing window for antitrust commitment applications from 45 days to 60 days. The Competition (Amendment) Act, 2023 introduced Sections 48A and 48B of the Act to create a settlement and commitment mechanism that allows companies facing…

Its domestic market share stood at 1.9 per cent in June, sharply below around 15 per cent in 2019. The National Company Law Tribunal (NCLT) on Monday deferred its rulings on eight bankruptcy petitions filed against SpiceJet by aircraft lessors after the airline reached a last-minute settlement with one of the lessors. The tribunal is…

New Delhi: The corporate affairs ministry on Friday invited applications for two members of the Competition Commission of India (CCI). The appointment would bolster the regulator’s decision-making ability, on top of maintaining the quorum needed to clear key antitrust matters, experts said. The move came after one of the CCI members–Anil Kumar Agrawal –resigned in…

New Delhi, Markets regulator Sebi on Wednesday lowered the Z-score limit used for stress testing in the commodity derivatives market to 5 from 10, in a move aimed at easing compliance for market participants. Under the existing framework, price movements corresponding to a Z-score of 10 replace extreme price movements beyond that threshold in peak…

Zameer Nathani, group general counsel at DNEG Artificial intelligence is moving from experimentation to becoming an operating layer for corporate legal functions, with automation increasingly influencing research, contracting, compliance and the role of the general counsel, according to Zameer Nathani, group general counsel, DNEG. Delivering the chairperson address at the ETLegalWorld’s AI-Powered Legal Transformation Summit…

Dr. Amar Patnaik, former member of Parliament, Rajya Sabha As artificial intelligence becomes embedded across enterprise processes and public systems, the defining challenge will not simply be how quickly organisations adopt the technology, but whether users can continue to trust the systems and decisions it produces, according to Dr. Amar Patnaik, former member of Parliament,…

Prasanta Mahapatra has taken charge as Executive Director at the Securities and Exchange Board of India (SEBI) in Mumbai. He will handle the Corporation Finance Investigation Department and the Recovery and Refund Department. Mahapatra was earlier Chief General Manager at SEBI and has worked across multiple departments since joining the regulator in April 1999, including…

In an exclusive conversation with ETLegalWorld, Rakesh Mohan Bakshi, Head of Legal at Amazon India and Vice President (Legal) for India, MENA, and Turkey, spoke about Amazon’s three-pillar strategy of enforcement, education, and technology, to tackle counterfeiting and online fraud, as the company unveiled its new consumer awareness handbook, “Mission GraHAQ,” on July 31, 2026….

In two reports released on July 29, 2026, Civil Society think tank CUTS International has urged the government to go slow on bringing cloud services under India’s proposed ex‑ante competition regime, warning that premature regulation via the Digital Competition Bill (DCB) could dampen the country’s digital economy, raise compliance costs and curb startup‑led innovation. “Any…

HDFC Bank’s board has concluded its internal review into the bank’s arrangement with the Maharashtra State Road Development Corporation (MSRDC) for garnering deposits in 2017 and 2021, holding that the actions of employees involved amounted to “business overreach” rather than any mala fide conduct, personal enrichment or improper motive. “Based on the findings and recommendation…