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Apple resists India fines based on global turnover

Mint Hyderabad

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November 26, 2025

Plea in Delhi HC is one of the first major legal challenges to 2023 overhaul of Competition Act

- Krishna Yadav & Anubhav Mukherjee

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.

MEER VERHALEN VAN Mint Hyderabad

Mint Hyderabad

Apple set to regain top smartphone maker spot after 14 yrs

Apple Inc.

time to read

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.

time to read

1 min

November 27, 2025

Mint Hyderabad

Mint Hyderabad

Is Bengaluru’s appetite for fast food restaurants waning?

Quick-service restaurants have flagged weakening demand in the key market

time to read

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.

time to read

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.

time to read

1 mins

November 27, 2025

Mint Hyderabad

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.

time to read

2 mins

November 27, 2025

Mint Hyderabad

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.

time to read

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

time to read

3 mins

November 27, 2025

Mint Hyderabad

Mint Hyderabad

Fintechs turn fund magnets with cross-border licensing

Funders see growth prospects in central bank's payment aggregator-cross border licensing

time to read

3 mins

November 27, 2025

Mint Hyderabad

Mint Hyderabad

Reliance JV, L&T to plough $13.5 bn into data centres

India’s data-infrastructure buildout hit a $13.

time to read

1 min

November 27, 2025

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