Pay Rs 1,337 Crore Penalty Within 30 Days: Tribunal To Google
Google will have to pay the penalty of Rs 1,337.76 crore imposed by the fair trade regulator CCI, the National Company Law Appellate Tribunal ruled today.
A two-member bench of the NCLAT directed Google to implement the direction and deposit the amount in 30 days.
The Competition Commission of India (CCI) had last year, on October 20, imposed a fine of Rs 1,337.76 crore on Google for anti-competitive practices in relation to Android mobile devices. The regulator also ordered the Internet major to stop indulging in various unfair business practices.
Google challenged this ruling before the National Company Law Appellate Tribunal (NCLAT), which is an appellate authority over the orders passed by the CCI.
But the NCLAT today rejected Google's plea and stated that there was no violation of natural justice in the probe conducted by the CCI.
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Unhedged Position: Can India See An Indonesia-Style Time Correction?
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Navigating Friction And Energy Realities: An Analysis Of Marco Rubio's October Visit To India
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India Exports Capital. Why Not Export Trusteeship?
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FOMC Wall, PERM Suspension, Hospital Stocks | Talking Points This Week
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India Is Going Abroad For Critical Minerals. But It May Take Years To Pay Off | The Reason Why
Although India's steps are in the right direction, they remain modest compared with India's growing dependence.
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When Everyone Has AI, What Gives You An Edge?
India's young workforce is entering an uncertain world of work where powerful AI tools are becoming widely accessible. The advantage will belong to those who combine deep expertise with digital fluency, and the distinctly human capabilities that technology cannot manufacture.
