Competition Commission probing Google in four cases: Jaitley
Two other cases have been filed by Vishal Gupta and Albion InfoTel Ltd against Google Inc, Google Ireland Ltd and Google India
The Competition Commission, which had ordered probes against Google in four different cases for alleged abuse of dominant market position, has received a combined investigation report in two cases till date, parliament was told on Friday.
"In two cases filed by Consim Info Pvt Ltd and Consumer Unity and Trust Society (CUTS), both against Google Inc and Google India Pvt Ltd, a combined investigation report has been submitted by DG (director general), CCI," Corporate Affairs Minister Arun Jaitley told the Lok Sabha in a written reply.
"The cases filed do not allege any financial loss to the government," he added.
Two other cases have been filed by Vishal Gupta and Albion InfoTel Ltd against Google Inc, Google Ireland Ltd and Google India.
The fair trade regulator has directed its investigation arm, the DG, to investigate these cases under the provisions of the Competition Act, the minister said.
Consim Info and CUTS had approached the CCI alleging that Google had abused its dominant position position through practices such as search bias, search manipulation, denial of access, and by creation of entry barriers for competing search engines.
In March 2013, the CCI fined Google Rs1 crore for failure to comply with the DG's investigation by not providing all requested information.



SC allows Sahara to arrange bank guarantee to comply with court order

The court accepted Sahara's proposition, given by Sibal, that the bank guarantee shall only be encashed by the market regulator upon the directions of the court


The Supreme Court on Friday allowed Sahara to arrange a bank guarantee of Rs5,000 crore in the favour of the capital market regulator to comply with the conditions for the release of its chief Subrata Roy and two other directors who are in custody in Delhi's Tihar jail since March 4, 2014.
A bench of Justice T.S.Thakur, Justice Anil R. Dave and Justice A.K.Sikri allowed Sahara to go ahead with arranging the guarantee from a scheduled bank, after amicus curiae Shekhar Naphade and senior counsel Arvind Datar appearing for the Securities and Exchange Board of India (SEBI) okayed the format while informing the court that Sahara have not disclosed the bank's name.
The apex court by its March 26, 2014 order had said that Sahara would be paying Rs10,000 crore towards refund of the investors money out of which Rs5,000 crore would be in cash and Rs5,000 crore in bank guarantee. The court had said this this too would be condition for the release of Roy and two other directors - Ashok Roy Choudhary and Ravi Shankar Dube - from judicial custody. 
On Friday, the court did not accept the SEBI's submission that the encashment of the bank guarantee, which Sahara would be furnishing, would be subject to the time frame in which it would be making full payment of the balance amount of the investors money as ordered by the court August 31, 2012.
The court also did not accept SEBI's submission that the acceptance of Rs10,000 crore - Rs5,000 crore cash and Rs5,000 crore bank guarantee - was subject Sahara indicating the time line in which they would refund the balance amount.
Senior counsel Kapil Sibal, appearing for Roy, contested SEBI's position saying what was being said by the market regulator was not flowing from March 26, 2014 apex court order.
The court accepted Sahara's proposition, given by Sibal, that the bank guarantee shall only be encashed by the market regulator upon the directions of the court. 
The apex court by its August 31, 2012 order had asked Sahara group'ss two companies - Sahara India Real Estate Corp Ltd. (SIRECL) and Sahara Housing Investment Corporation Limited (SHICL) - to return investors Rs24,600 crore along with 15% interest.
Two Sahara companies had moped up this money from investors through optionally fully convertible debentures (OFCSs) in 2007 and 2008.
The court fixed May 14 as the next date of hearing as Sibal said that they would tell the court about the steps taken by the Sahara to comply with the court's March 26, 2014, directions.
On the next hearing, the court will also hear Sahara's plea that it may be allowed to retain with it the excess amount that it would get from the proceeds of its transactions to raised Rs10,000 crore for the payment of the statutory dues and employees' salaries and depositing of their provident fund dues.
As SEBI counsel Arvind Datar red-flagged the plea, the court told him that all the assets of Sahara are under freeze and they have to discharge their statutory obligations.
Telling Datar that discharge of statutory obligations take precedence over their liabilities, the court said that it would consider the plea on the next hearing.



Vaibhav Dhoka

1 year ago

Such cases take high time and ordinary public is denied justice when prime time is taken by these cases.One thing is clear from this and Salman Khan Hit and Run case that that judiciary does not follow equality that is guaranteed by constitution.One requires money and contacts while stepping Justice system.The question in everybody mind today is: Do all gets such electrifying hearing in appeal as in Salman case?Or one has to wait for generations to get JUSTICE.The lawyers fees as informed throe' social media will make many litigants to suicide,if he is entangled in legal battle in his lifetime.

Stage set up for Modi event collapses in Raipur, 55 injured

The injured included 44 policemen


A large stage erected for Prime Minister Narendra Modi's public event in Naya Raipur collapsed in a sudden storm on Friday afternoon, injuring 55 people, officials said.
The injured included 44 policemen.
As a result of the accident, the event of Modi on Saturday has been cancelled, announced Chief Minister Raman Singh, who toured the spot afterwards. However, the prime minister's programme in Dantewada will go on as scheduled.


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