The article is bylined to the news agency Press Trust of India, so expect even less rigour and fact-checking than you would from the newspaper that's carrying the report (Times of India).
While I can't comment on what the CCI will or won't do, I do find it silly the journalists think CCI can impose a fine which is a function of Google's global revenues (over which it has no jurisdiction).
Google India's revenue was around $330M last year, 10% of which will be $33M.