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Compat quashes CCI's Rs 6,316 crore fine on cement companies

In a major ruling, the Competition Appellate Tribunal Friday set aside Rs 6,316.59 crore penalty imposed on 11 cement manufacturers by CCI for cartelisation and directed the fair trade regulator to pass a fresh order in three months.

CCI defends itself against Compat's adverse remarks

The comments came against the backdrop of Competition Appellate Tribunal recently saying that two Commission members signing an order without being present for hearing amounts to "flagrant violation of the basics of natural justice".

DLF deposits Rs 525 crore with SC; to pay rest by early July

Realty major DLF has deposited Rs 525 crore with the Supreme Court and will pay the balance by early July to comply with the apex court's direction to deposit Rs 630 crore fine slapped by fair trade regulator CCI.

DLF share climbs 7% even as COMPAT upholds CCI's Rs 630 cr fine

Shares of DLF Monday surged by over seven cent even as the Competition Appellate Tribunal upheld a Rs 630-crore penalty imposed on the realty major by fair trade regulator CCI.

COMPAT upholds Rs 630 crore penalty on DLF; company to move SC

In August 2011, the Competition Commission of India (CCI) found DLF violating fair trade norms and imposed the fine on a complaint by Belaire Owners' Association.

CCI again finds Coal India violating competition norms

Finding Coal India again guilty of abusing its dominant position in fuel supplies, Competition Commission has directed the state-run miner to "cease and desist" from indulging in unfair business practices.

DLF to challenge Compat order in Supreme Court

DLF on Monday said it will move Supreme Court against the Compat ruling that has upheld the CCI order imposing Rs 630 cr penalty on the firm for unfair business practices.

Compat to hear Coal India plea against CCI penalty next month

The Competition Appellate Tribunal will hear next month the Coal India plea challenging the Rs 1,773 crore penalty imposed on it by CCI for unfair business practices.

Compat to hear plea against Jet-Etihad deal later this month

After hearing the matter for almost one-and-a-half hours today, the tribunal posted the case for hearing on March 27.

Compat stays Rs 1,773-crore penalty on Coal India

The Competition Appellate Tribunal (Compat) today stayed the penalty of Rs 1,773 crore slapped on state-run Coal India by the CCI for unfair trade practices.

Compat to hear plea against Jet-Etihad deal on March 13

The Competition Appellate Tribunal will hear again next month the appeal challenging fair trade regulator CCI's approval for the Rs 2,060 crore Jet-Etihad deal.

Compat to hear Coal India appeal on April 16

The Competition Appellate Tribunal (Compat) on Tuesday adjourned the hearing on the petition filed by Coal India challenging Rs 1,773 crore penalty slapped by CCI to April 16.

Cement makers to slow down capacity expansion: Care

Faced with overcapacity, cement industry is likely to slow down expansion with 66 million tonne (MT) addition expected by 2015-16 amidst an expected surge in demand and price, Care Research said Thursday.

SC refuses to interfere with COMPAT order against cement firms

The Supreme Court Wednesday declined to interfere with the order of the competition tribunal directing 10 cement firms to deposit 10 percent of the penalty of Rs 6,300 crore imposed on them for allegedly indulging in cartelisation.

COMPAT directs cement firms to deposit Rs 630 cr

The Competition Appellate Tribunal Friday ordered 10 cement producers, including UltraTech, Ambuja and ACC, and their association CMA to deposit Rs 630 crore as it hears their appeal against a record amount of penalty imposed by competition watchdog CCI last year.

COMPAT to hear cement firms' plea against CCI Thursday

The Competition Appellate Tribunal (COMPAT) will hear Thursday a batch of petitions filed by cement firms seeking stay on Rs 6,307 crore penalty imposed by fair trade regulator CCI on the grounds of cartelisation.

COMPAT adjourns final hearing on DLF plea to Monday

Competition Appellate Tribunal (COMPAT) Friday adjourned the final hearing to Monday on DLF's plea against Rs 630 crore penalty imposed on it by fair trade regulator CCI.

CCI conditional clearance to Telewings pre-mature: COMPAT

The Competition Appellate Tribunal Thursday said fair trade regulator CCI's conditional clearance to Telenor's plan to increase stake in Telewings Communication to 74 percent was "premature".

COMPAT upholds CCI's clean chit to Microsoft

The Competition Appellate Tribunal has upheld the fair trade regulator Competition Commission's ruling that Microsoft did not abuse its dominant position regarding sale of software licenses.

COMPAT notice to CCI over penalty on phosphide manufacturers

The Competition Appellate Tribunal has issued notices to fair trade regulator CCI on the pleas of three companies challenging its order imposing penalty of Rs 317.91 crore on the aluminium phosphide tablet manufacturers.