CCI

CCI makes U-turn on common TPA issue: Experts

The Competition Commission of India (CCI) has taken a U-turn by ordering a probe against the GIPSA and the public sector general insurers for alleged anti-competitive practices.

Sep 15, 2014, 13:29 PM IST

SIAM criticises CCI for imposing penalty on car companies

SIAM also said the instance showed how government departments work in isolation with narrow mandates.

Sep 11, 2014, 11:46 AM IST

DLF shares sink 9% on court order

The stock of DLF tanked 8.76 per cent to Rs 167 on the BSE.

Sep 04, 2014, 13:41 PM IST

CCI says Sun-Ranbaxy deal may hit competition; seeks comments

In the first-ever public scrutiny of an M&A deal in India, fair trade watchdog CCI on Thursday invited comments from all stakeholders, including general public, on finer details of USD 4-billion merger of Ranbaxy Labs into rival Sun Pharmaceuticals.

Sep 04, 2014, 12:13 PM IST

HC stays CCI order against Maruti Suzuki

The Delhi High Court today put on hold the Competition Commission of India's (CCI) order imposing a fine on Maruti Suzuki India Ltd for allegedly violating trade norms in the spare parts and after services market.

Sep 03, 2014, 22:30 PM IST

CCI gives green signal to L&T-CPP Investment deal

Competition Commission has cleared the proposed acquisition of Larsen & Toubro Infrastructure Development Projects' securities by foreign venture capital investor CPP Investment Board Singaporean Holdings 1.

Sep 03, 2014, 15:39 PM IST

BSE gets SEBI, CCI go-ahead for USE takeover

Markets regulator Securities and Exchange Board of India (SEBI) and the fair trade watchdog Competition Commission (CCI) have approved the merger of United Stock Exchange of India with the BSE, making it the first merger of two exchanges in the country, the premier bourse said Monday.

Sep 01, 2014, 23:08 PM IST

Tribunal stays CCI order on Adani Gas penalty

The Competition Appellate Tribunal has stayed Competition Commission of India's (CCI) Rs 25 crore penalty and modification of the gas sale contract order against Adani Gas Ltd, the city gas distribution arm of Ahmedabad-based Adani Group.

Aug 29, 2014, 20:14 PM IST

CCI order to ensure car spare parts market is less costly: Chawla

After imposing a penalty of Rs 2,545 crore on 14 carmakers for unfair trade practices, the CCI today said it wanted to ensure that spare parts maintenance market gets less expensive for consumers.

Aug 29, 2014, 15:06 PM IST

CCI clears Meiji Holdings' acquisition of Medreich

Fair trade regulator CCI has approved the Japan-based Meiji Holdings acquisition of Indian pharmaceutical firm Medreich Ltd, saying the deal will not raise any adverse impact on competition in the country.

Aug 28, 2014, 22:53 PM IST

DLF shares continue to fall; down over 3% post SC order

Shares of DLF fell by over 3 percent, extending its downtrend for the second straight session Thursday, following the direction of the Supreme Court to deposit Rs 630 crore fine slapped on it by the Competition Commission of India (CCI).

Aug 28, 2014, 19:02 PM IST

Hindustan Motors examining CCI order; to take appropriate steps

Automobile maker Hindustan Motors on Thursday said it is examining the order by the Competition Commission of India levying a fine of Rs 13.85 crore on the company, and would take "appropriate steps" to protect its interest in this regard.

Aug 28, 2014, 18:14 PM IST

CCI expands probe into Sun-Ranbaxy deal; seeks public scrutiny

This is probably the first instance where the CCI has ordered a public scrutiny of a proposed merger and acquisition (M&A) deal to ensure compliance to fair trade regulations.

Aug 28, 2014, 11:04 AM IST

CCI gives green signal to Sanofi-Apollo deal

The Competition Commission has cleared pharmaceutical firm Sanofi-Synthelabo's proposed stake buy in an arm of Apollo group, saying the deal does not raise any concerns related to unfair business practices.

Aug 27, 2014, 20:18 PM IST

CCI clears Mitsubishi-Hitachi Metals Machinery JV with Siemens

Fair trade regulator CCI has approved the proposed joint venture between Mitsubishi-Hitachi Metals Machinery and German conglomerate Siemens in respect of metal plant building business.

Aug 27, 2014, 19:31 PM IST

DLF to comply with SC direction to deposit Rs 630 cr fine

India's largest realty firm DLF Wednesday stated it will comply with the direction of the Supreme Court to deposit the Rs 630 crore penalty imposed by the competition watchdog CCI and said it remained confident about the merits of its case.

Aug 27, 2014, 18:49 PM IST

Maruti to challenge CCI penalty, says order lacks understanding

Country's largest carmaker Maruti Suzuki India Wednesday said it would challenge the penalty imposed on it by CCI for violation of trade norms in the spare parts and after services market.

Aug 27, 2014, 18:14 PM IST

Mahindra, Tata Motors to challenge CCI penalty

Auto majors Mahindra & Mahindra and Tata Motors on Tuesday said they would challenge the CCI penalty on them for violation of trade norms in the spare parts and after services market.

Aug 26, 2014, 18:54 PM IST

M&M to challenge CCI penalty of Rs 292.25 cr

As per the Competition Act 2002, orders passed by the Competition Commission of India can be challenged before the COMPAT (Competition Appellate Tribunal) within 60 days.

Aug 26, 2014, 15:42 PM IST

CCI fines car makers $420 million for anti-competitive practices

Local carmaker Tata Motors Ltd was handed the highest penalty of 13.46 billion rupees.

Aug 26, 2014, 14:43 PM IST