After a one-month suspension, sanctions-compliant Russian oil is expected to be delivered to India's Reliance Industries Ltd, which operates the largest refining complex in the world, in February and March. After obtaining a one-month US concession that permitted it to conclude its transactions with the sanctioned Russian oil
Ducati India is counting on the India–EU Free Trade Agreement (FTA) to be a game-changer for the luxury motorcycle sector, as the country's premium motorcycle market struggles with a high 40% GST on bikes larger than 350 cc. The Italian superbike manufacturer claimed that an already specialised
Apple was penalised over 98 million euros ($114.8 million) by Italy's competition authorities for allegedly abusing its dominance in the digital economy through its app-tracking transparency policy.According to the nation's antitrust watchdog, Apple unfairly requires app developers to comply with privacy regulations. On 22
In response to growing criticism of Big Tech's use of generative AI, the European Commission announced on 4 December that it has launched a new antitrust probe against Meta Platforms and started a new tab over the development of AI features in WhatsApp. As the union looks to
Amazon, the massive online retailer, announced on 27 October that it had exceeded its goal of $20 billion in total exports from India over the past ten years and is now aiming for $80 billion in outflows by 2030. Since its introduction in 2015, Amazon has registered over 200,000
Nayara Energy, a refiner supported by Russian oil giant Rosneft, filed a lawsuit against Microsoft in the Delhi High Court after the latter ceased to provide services to the company due to EU sanctions. Microsoft is "currently restricting Nayara Energy’s access to its own data, proprietary tools, and
This development is expected to escalate tensions with the Trump administration. For violating the 2022-passed Digital Markets Act, Apple was fined 500 million euros ($570 million), and Meta was fined €200 million ($230 million).
In order to avoid incurring substantial fines in accordance with its hallmark digital antitrust regulations, the European Union has issued a warning to Apple Inc., urging the company to make its highly guarded operating systems for the iPhone and iPad easily accessible to competing technology. In accordance with the Digital
Hero MotoCorp, an Indian company, is planning to make its debut in developed markets by introducing electric scooters operating under the Vida brand. As per the company's plan, it will launch its brand in the UK, France, and Spain by middle of 2025. Hero is making its first