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TYRE MANUFACTURERS PENALTY
The story of a Rs 1,788 crore fine: Tyre makers, cartelisation and calculation errorsThe Supreme Court of India has asked the Competition Commission of India (CCI) for a response regarding an appeal filed by MRF Ltd, one of ...
Fine on tyre companies: Supreme Court seeks CCI's reply on MRF pleaThe CCI had, in August 2018, imposed penalties totalling more than ₹1,788 crore on the tyre companies and also asked them to cease and desi...
Emissions may cost car companies up to ₹5,800 croreExcept for a handful of companies such as Maruti Suzuki India, Tata Motors and MG Motor, all other carmakers stand the risk of facing penal...
Tyre biz cartelisation: NCLAT asks CCI to pass fresh order; review fines to save domestic tyre industryA two-member NCLAT bench comprising Justice Rakesh Kumar and Ashok Kumar Mishra observed that there were errors by DG in the calculation of...
JK Tyre sheds 2% as Q3 disappoints; CCI slaps Rs 309-cr penaltyIn a separate regulatory filing, the tyre maker said the CCl published an order dated August 31, 2018, against the company and some other O...
Market movers: Barbeque Nation posts impressive Q3 nos; tyre stocks hitBarbeque Nation surpassed all estimates when it released its December quarter numbers. The company said its revenue grew 47 per cent year-o...
CCI imposes a collective penalty of Rs 1,788 crore on five tyre manufacturersThe fair trade regulator has also imposed a penalty on the Automotive Tyre Manufacturers Association (ATMA) for indulging in cartelisation ...
Stocks in the news: TCS, Shyam Metalics, Info Edge, HDFC and PNB HousingTata Consultancy Services, Gammon Infrastructure Projects, Shyam Metalics and Energy among a dozen stocks that will release their june quar...
DGFT curbs import of tyres if alternative made in India, seeks undertaking from importersThe Directorate General of Foreign Trade (DGFT) has sought the undertaking from importers that are also required to furnish records for the...
Stocks in the news: Vodafone Idea, RIL, Cadila Healthcare, PNB Housing and VoltasGoogle is said to be exploring taking a minority stake in British telecom group Vodafone’s struggling India business.
Ten stocks in focus on Friday, 19 August 2016The Indian market is expected to open flat. Here is a list of top ten stocks that are likely to be in focus today.
Rate of breakdowns brought down to 300 from 600 per day by DTC"We have been carrying out an enhanced schedule for fitness of buses, while working on the maintenance schedule at the depot level at the s...
Markets hit 2-month low; top twelve stocks in actionThe 50-share Nifty index slipped below its crucial psychological level of 5700 in morning trade on Thursday, led by losses in Tata Motors, ...
Twelve stocks in focus in Thursday morning tradeIndian markets are likely to trade in a range. Here is a list of twelve stocks which are likely to remain in focus in morning trade.
- CCI approves Titan International-Titan Europe deal
However, CCI has slapped a fine of Rs 1 crore on Titan International for delay in seeking approval after finalisation of the deal.
Tyre sector order in next 10-15 days; scanner on newer sectors like healthcare: CCI chief Ashok ChawlaChawla said, "CCI is presently in the process of looking at newer activities like the health sector and the health infrastructure sector in...
CCI probing alleged cartelisation in real estate, pharma, telecom sectorsCCI keeps gathering information on issues related to cartelisation and if prima facie case is found, then it takes up the issue for further...
- Corporate India goes beyond lip service in eco initiatives
A green tax may still be some way off from reality in the country, but corporate houses are already taking up the responsibility to contrib...
- Sugar industry under competition commission’s lens
After steel, the sugar industry has come on the radar of anti-trust regulator Competition Commission of India that has called a meeting of ...
- CCI to meet sugar industry over competition issues
The sugar industry has come on the radar of anti-trust regulator CCI that has called a meeting of sugar associations next week to ensure th...