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With the 2019 Future deal's antitrust approval now suspended, it could dent Amazon's legal position and retail ambitions, while making it easier for Reliance to acquire number two player Future.
In the coming weeks, the CCI will review Apple's response to the allegations and could order a wider investigation or dismiss the case altogether if it finds no merit in it.
Amazon has for months successfully used the terms of its toehold $200 million investment in Future in 2019 to block the Indian retailer's attempt to sell retail assets to Reliance Industries for $3.4 billion.
It could dent Amazon's legal position and retail ambitions, while making it easier for Reliance - the country's largest retailer - to acquire number two player Future.
Alphabet Inc's Google sued the Competition Commission of India (CCI) at a New Delhi court last week, urging a judge to direct the watchdog to prevent leaks of information.
India's antitrust authority ordered a probe in 2019, saying Google appeared to have leveraged its dominance to reduce device makers' ability to opt for alternate versions of its mobile operating system and force them to pre-install Google apps.
Its findings are the latest antitrust setback for Google in India, where it faces several probes in the payments app and smart television markets. The company has been investigated in Europe, the United States and elsewhere.
HDFC Life will acquire 100 per cent stake in Exide Life Insurance from Exide Industries via issuance of 8,70,22,222 shares at an issue price of Rs 685 per share and a cash payout of Rs 726 crore aggregating to Rs 6,687 crore.
The Apple case in India comes just as South Korea's parliament this week approved a bill that bans major app store operators like Alphabet Inc's Google and Apple from forcing software developers to use their payment systems.
The CCI ordered the investigation against the companies last year for allegedly promoting select sellers on their e-commerce platforms and using business practices that stifle competition.