India’s largest oil and gas producer said the move by the Competition Commission of India to initiate a full investigation into the way the company hires offshore support vessels will have no material impact on the company. Under SEBI guidelines, listed companies must disclose any development that will have a material impact on the company […]
Jet Airways said it will challenge the order of the Competition Commission of India to impose a fine of Rs 39.81 cr for allegedly colluding with its rivals to fix air fares. In a statement on Wednesday, the Competition Commission said Jet Airways, SpiceJet and IndiGo engaged in “concerted action in fixing and revising Fuel […]
The Telecom Regulatory Authority of India has started registrations for an open house discussion on its upcoming recommendations on net neutrality. The open house discussion will be held on Wednesday, August 30 at 9:30 AM in New Delhi. The venue has not been finalized yet, and is likely to be fixed after the regulator gets […]
The fair trade regulator, Competition Commission of India (CCI), said it has disposed off more than 600 of 750 anti-trust cases handled by the Commission by now i.e. about 80 per cent of the total cases. “Of the information filed, now 80 per cent is not subject to any investigation as only 20 per cent […]
ACC Ltd and Ambuja Cements said they will challenge the fine imposed by the Competition Commission of India yesterday, and that a similar order passed by the CCI four years ago had been set aside by the Competition Appellate Tribunal in December last year. “We await receipt of a certified copy of the CCI Order. The […]
The Competition Commission of India (CCI) has imposed fine of Rs 6,320.6 cr upon ten cement manufacturers for forming independent organization to limit competition by controlling the production and distribution of cement, said the Ministry of corporate affairs. The list of companies included ACC Cements, Ambuja Cements, Binani Cements, Century Cements, India Cements, J K […]
India’s largest carmaker Maruti Suzuki India Ltd has said it won’t have to pay the Rs 4.7 bln fine imposed on it by the Competition Commission of India due to a Delhi High Court order. The competition commission had, in an order on Monday, found car manufactures to be indulging in anti competitive conduct and […]
