The Competition Commission of India (CCI) has introduced draft settlement and commitment rules to expedite anti-competitive dispute resolution. The regulations establish assessment criteria, penalties, and timelines for cases. The CCI has sought public input within 15 days on these new rules. The aim is to encourage negotiated resolutions, enhance efficiency, and minimise litigation.

In an interview with CNBC-TV18, Sanjay Sethi, CEO and MD of Chalet Hotels said that the group has introduced 88 new rooms in Pune, which are about to become available. Additionally, an office tower in Bengaluru, of which three floors have already been occupied. An office tower in Mumbai is also ready for leasing, and its operations will commence shortly.

Kedaara may invest $130 m (approx Rs 1,000 crore) in K-12 Techno Services. It is likely to buy-out an existing investor and infuse fresh capital, according to sources.

Reliance AGM 2023: RIL is a new age company of distinctive technologies, Chairman Mukesh Ambani said, as he spelled out RIL’s tech focus, and added that the firm is a producer, deployer and democratiser of technology.