Tag: CCI
Sarvam AI Startup Programme Fuels Indic AI Builders
Sarvam AI has introduced the Sarvam Startup Programme, providing early-stage companies with up to 12 months of API credits, priority engineering support and production-ready infrastructure to build multilingual AI applications without backend complexities. Founders Vivek Raghavan and Pratyush Kumar positioned the initiative to empower India’s developer ecosystem with high-quality models fluent in 22+ Indian languages and English, enabling full agency in creating voice agents,...
Oracle Layoffs Fund AI Data Centre Push Amid Cash Squeeze
Oracle is planning thousands of job cuts across divisions as it grapples with a cash crunch from aggressive AI data centre buildout to support major clients including a $300 billion OpenAI agreement, xAI and Meta, as Bloomberg News first reported. The reductions, potentially broader than typical rolling cuts, may begin this month and target roles expected to diminish under AI automation, coinciding with an...
India’s CCI Probes 35 Cartel Cases Across Key Sectors
The Competition Commission of India (CCI) has actively investigated 35 cartel cases across various sectors over the past five years, according to a Lok...
Ad Industry Raids Follow Leniency Tip-Offs: CCI
India’s Competition Commission (CCI) launched a sweeping antitrust raid on major media buying agencies this week, acting on evidence submitted under its leniency programme,...
CCI Clears Tata Sons’ 10% Stake Buy in Tata Play
The Competition Commission of India (CCI) has given the green light to Tata Sons Private Limited for acquiring an additional 10% stake in Tata...
CCI Approves Bain Capital’s Dhoot Deal
The Competition Commission of India (CCI) has approved the proposed acquisition of shareholding in Dhoot Transmission Private Limited (DTPL) by BC Asia Investments XV...
CCI Approves JSW Neo O2 Power Acquisition
The Competition Commission of India (CCI) has granted approval for JSW Neo Energy Limited’s acquisition of 100% shareholding in O2 Power Midco Holdings Pte....
Govt to Introduce Digital Competition Bill After Deliberations
The Indian government is taking a measured approach before introducing the Digital Competition Bill, ensuring that it aligns with global best practices and effectively...
