market competition News

Government's Bold Move: Converts Vodafone Idea's Dues into Equity, Becoming Largest Shareholder

The Indian government converts Vodafone Idea's Rs 36,950 crore spectrum dues into equity, becoming the largest shareholder with 49% stake, to ensure the telecom sector remains comp...

Tesla Stocks Dip Over 3% Premarket Amidst Rising Competition from Chinese EV Makers

Tesla's stock fell over 3% in premarket trading following announcements from Chinese EV makers Zeekr and BYD. Zeekr plans to offer free advanced driver-assistance, while BYD unveil...

Nvidia Shares Dip 8% as DeepSeek Emerges to Challenge Western AI Supremacy

Nvidia's stock fell by 8% following the emergence of DeepSeek, a new competitor challenging the West's dominance in AI technology. This shift underscores the growing competition an...

Zomato's Q3 Earnings Tumble: A 57% Profit Drop Amid Aggressive Blinkit Expansion

Zomato reports a 57% drop in Q3 profit due to aggressive Blinkit expansion, despite a 64% surge in operational revenue. The company faces intense competition in the quick commerce ...

How AI Could Revolutionize Cartel Practices: Insights from CCI Chief

The Competition Commission of India (CCI) is investigating how artificial intelligence (AI) could automate collusive behavior, emphasizing the need for algorithmic transparency and...