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Apple resists India fines based on global turnover
November 26, 2025
|Mint Hyderabad
Plea in Delhi HC is one of the first major legal challenges to 2023 overhaul of Competition Act
American tech giant Apple has approached the Delhi High Court to challenge provisions of India’s competition law that allow the Competition Commission of India (CCI) to impose penalties based on a company’s global turnover.
The plea is listed for hearing today before a division bench of chief justice Devendra Kumar Upadhyaya and justice Tushar Rao Gedela, according to the list of cases reviewed by Mint.
The Union of India and the CCI have been named as respondents in the case.
هذه القصة من طبعة November 26, 2025 من Mint Hyderabad.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
المزيد من القصص من Mint Hyderabad
Mint Hyderabad
Apple set to regain top smartphone maker spot after 14 yrs
Apple Inc.
1 min
November 27, 2025
Mint Hyderabad
SP Eyes Tata exit to cut debt costs
Debt-laden Shapoorji Pallonji Group is banking on Tata Trusts softening the stance on its potential exit from Tata Sons to reduce its borrowing costs, two people aware of the matter said.
1 min
November 27, 2025
Mint Hyderabad
Is Bengaluru’s appetite for fast food restaurants waning?
Quick-service restaurants have flagged weakening demand in the key market
2 mins
November 27, 2025
Mint Hyderabad
IL&FS group repays ₹48,463 cr loan
Debt-ridden IL&FS group has repaid ₹48,463 crore to its creditors as of September 2025, out of the total ₹61,000 crore debt resolution target, as per the latest status report filed before insolvency appellate tribunal NCLAT.
1 min
November 27, 2025
Mint Hyderabad
Tejas will work with Airtel, BSNL to fix signal in Rajasthan
Tejas Networks Ltd will cooperate with Bharti Airtel Ltd and Bharat Sanchar Nigam Ltd (BSNL) to resolve the network interference issues reported in Rajasthan quickly, the Tata group company said on Wednesday.
1 mins
November 27, 2025
Mint Hyderabad
'First-gen founders take bigger investment risks'
India’s markets are minting a new class of first-generation millionaires: entrepreneurs who’ve scaled ideas into Initial public offerings (IPOs) and unlocked unprecedented personal wealth.
2 mins
November 27, 2025
Mint Hyderabad
Aramco taps Citi for oil storage stake sale
Saudi Aramco has chosen Citigroup to help arrange a potential multibillion-dollar stake sale in its oil export and storage terminals business, people familiar with the matter said.
1 min
November 27, 2025
Mint Hyderabad
MO Alternates launches its maiden private credit fund
The %3,000 crore fund has drawn capital from family offices, ultra-HNIs and institutions
3 mins
November 27, 2025
Mint Hyderabad
Fintechs turn fund magnets with cross-border licensing
Funders see growth prospects in central bank's payment aggregator-cross border licensing
3 mins
November 27, 2025
Mint Hyderabad
Reliance JV, L&T to plough $13.5 bn into data centres
India’s data-infrastructure buildout hit a $13.
1 min
November 27, 2025
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