Previous StoryCompetition Commission of India has rejected allegations of unfair business practices against legal process outsourcing firm Pangea3 Legal Database System. According to the Commission, a clause in a service contract restricting an employee from taking employment with the competitors, after he leaves the employment, for a particular period, raises no competition issue.
Next StoryAfter proposing a development bank, the BRICS countries are preparing to strike out on their own in reinsurance as well. India has suggested to other BRICS members (Brazil, Russia, China and South Africa) that a reinsurer will cover large infrastructure projects that the emerging economies are focused on and counter sanctions imposed by western countries such as those related to Iran, which is a key oil supplier to India and other countries.
