Cartelisation
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Ultratech Chief Legal Officer Resigns Amid Cement Cartelisation Probe
Ultratech Cement Limited has announced the resignation of its Chief Legal Officer, Anoop Khatry, effective Thursday. Mr Khatry, the company said, quit because of personal reasons.
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Ultratech Under Scanner In Cement Cartelisation Case
Fair trade regulator CCI has directed Aditya Birla firm UltraTech, which now owns south-based cement firm India Cements to submit financial documents after its Director General in its investigations found contravention of competition norms.
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"Manish Sisodia Was At The Helm Of...": CBI To Court In Liquor Policy Case
The CBI Wednesday told the Delhi High Court that the now-scrapped Delhi Excise Policy 2021-22 was manipulated to favour cartelisation and monopolisation in liquor trade in Delhi.
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Delhi Government Cancels Liquor Supply Tender On Cartelisation Suspicion
The Delhi government's Excise Department, which is under the scanner with a CBI probe recommended by the lieutenant governor, has cancelled a tender suspecting cartelisation, for the supply of country liquor in the city, officials said.
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Liquor Licenses Row: Delhi Lt Governor Seeks Report From Chief Secretary
Delhi Lieutenant Governor V K Saxena has sought a report from Chief Secretary on allegations of cartelisation, facilitating monopolies and favouring blacklisted firms in giving liquor licenses in Delhi, sources said.
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Antitrust Watchdog Fines United Breweries, Carlsberg Rs 870 Crore For Price Fixing
India's antitrust watchdog today imposed a penalty of Rs 750 crore on beer giant United Breweries and Rs 120 crore on Carlsberg India in a case related to cartelisation of beer prices in the country.
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Top Court To Hear Cement Manufacturers Case Against Rs 6,300 Crore Penalty
The Supreme Court on Friday asked eight cement manufacturing companies to deposit 10 per cent of the penalty amount imposed on them by the Competition Commission of India (CCI) allegedly for resorting to cartelisation for manipulating the cement prices.
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Jet Airways, IndiGo, SpiceJet Fined For Fixing Fuel Surcharge Rates
CCI noted that "the airlines acted in a concerted manner" in fixing and revising the fuel surcharge rates, which are a component of freight charges.
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Reliance Jio vs Airtel, Vodafone, and Idea as IMG Panel Looks Into Telecom Sector Woes
Reliance Jio is accusing incumbents of milking the sector using borrowed money, while the older players blamed Jio's free voice and data offerings for financial woes of the sector.
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Government Orders Crackdown On Hoarders After Pulses Race To Rs 200 Per Kg
With pulses prices rising unabated, the government today asked central security agencies, including Intelligence Bureau and Directorate of Revenue Intelligence, to "pull up the socks" to curb cartelisation and ensure there is no artificial rise in prices of lentils.
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Competition Commission Imposes Rs 258 Crore Fine on Jet Airways, IndiGo, SpiceJet
Clamping down on unfair business practices in the aviation sector, Competition Commission today slapped penalties totalling Rs 258 crore on Jet Airways, IndiGo and SpiceJet for cartelisation in fixing fuel surcharge for transporting cargo.
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CBI Questions Anant Singh in Cartelisation Case
The CBI has questioned Anant Singh, former JD(U) MLA from Mokama constituency, in connection with allegations of cartelisation and large-scale irregularities in award of contracts at the National Thermal Power Corporation (NTPC) plant at Barh in Bihar.
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CBI Registers Case Against Janata Dal (United) Legislator Anant Singh for Cartelisation
CBI today registered a case against JD(U) MLA Anant Singh for alleged cartelisation and ring formation during award of contracts in National Thermal Power Corporation in Barh (Bihar).
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DoT to bar telecom operators from cross holding stakes
Currently, telecom licence conditions allow a telecom operator to hold up to 10 percent stake in other telecom services providers.
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DoT may seek TRAI feedback on CAG points over service quality
The Comptroller and Auditor General has allegedly blamed cartelisation by telecom players behind the failure of recent spectrum auctions.
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Ultratech Chief Legal Officer Resigns Amid Cement Cartelisation Probe
Ultratech Cement Limited has announced the resignation of its Chief Legal Officer, Anoop Khatry, effective Thursday. Mr Khatry, the company said, quit because of personal reasons.
-
Ultratech Under Scanner In Cement Cartelisation Case
Fair trade regulator CCI has directed Aditya Birla firm UltraTech, which now owns south-based cement firm India Cements to submit financial documents after its Director General in its investigations found contravention of competition norms.
-
"Manish Sisodia Was At The Helm Of...": CBI To Court In Liquor Policy Case
The CBI Wednesday told the Delhi High Court that the now-scrapped Delhi Excise Policy 2021-22 was manipulated to favour cartelisation and monopolisation in liquor trade in Delhi.
-
Delhi Government Cancels Liquor Supply Tender On Cartelisation Suspicion
The Delhi government's Excise Department, which is under the scanner with a CBI probe recommended by the lieutenant governor, has cancelled a tender suspecting cartelisation, for the supply of country liquor in the city, officials said.
-
Liquor Licenses Row: Delhi Lt Governor Seeks Report From Chief Secretary
Delhi Lieutenant Governor V K Saxena has sought a report from Chief Secretary on allegations of cartelisation, facilitating monopolies and favouring blacklisted firms in giving liquor licenses in Delhi, sources said.
-
Antitrust Watchdog Fines United Breweries, Carlsberg Rs 870 Crore For Price Fixing
India's antitrust watchdog today imposed a penalty of Rs 750 crore on beer giant United Breweries and Rs 120 crore on Carlsberg India in a case related to cartelisation of beer prices in the country.
-
Top Court To Hear Cement Manufacturers Case Against Rs 6,300 Crore Penalty
The Supreme Court on Friday asked eight cement manufacturing companies to deposit 10 per cent of the penalty amount imposed on them by the Competition Commission of India (CCI) allegedly for resorting to cartelisation for manipulating the cement prices.
-
Jet Airways, IndiGo, SpiceJet Fined For Fixing Fuel Surcharge Rates
CCI noted that "the airlines acted in a concerted manner" in fixing and revising the fuel surcharge rates, which are a component of freight charges.
-
Reliance Jio vs Airtel, Vodafone, and Idea as IMG Panel Looks Into Telecom Sector Woes
Reliance Jio is accusing incumbents of milking the sector using borrowed money, while the older players blamed Jio's free voice and data offerings for financial woes of the sector.
-
Government Orders Crackdown On Hoarders After Pulses Race To Rs 200 Per Kg
With pulses prices rising unabated, the government today asked central security agencies, including Intelligence Bureau and Directorate of Revenue Intelligence, to "pull up the socks" to curb cartelisation and ensure there is no artificial rise in prices of lentils.
-
Competition Commission Imposes Rs 258 Crore Fine on Jet Airways, IndiGo, SpiceJet
Clamping down on unfair business practices in the aviation sector, Competition Commission today slapped penalties totalling Rs 258 crore on Jet Airways, IndiGo and SpiceJet for cartelisation in fixing fuel surcharge for transporting cargo.
-
CBI Questions Anant Singh in Cartelisation Case
The CBI has questioned Anant Singh, former JD(U) MLA from Mokama constituency, in connection with allegations of cartelisation and large-scale irregularities in award of contracts at the National Thermal Power Corporation (NTPC) plant at Barh in Bihar.
-
CBI Registers Case Against Janata Dal (United) Legislator Anant Singh for Cartelisation
CBI today registered a case against JD(U) MLA Anant Singh for alleged cartelisation and ring formation during award of contracts in National Thermal Power Corporation in Barh (Bihar).
-
DoT to bar telecom operators from cross holding stakes
Currently, telecom licence conditions allow a telecom operator to hold up to 10 percent stake in other telecom services providers.
-
DoT may seek TRAI feedback on CAG points over service quality
The Comptroller and Auditor General has allegedly blamed cartelisation by telecom players behind the failure of recent spectrum auctions.
