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ArcelorMittal to pay $110 million fine for price fixing in South Africa

ArcelorMittal to pay $110 million fine for price fixing in South Africa

Steelmaker ArcelorMittal has agreed to pay a $110-million (88-million-euro) fine for illegal price fixing in South Africa, the country`s competition watchdog announced Monday.

CCI rejects Air India's complaint against IndiGo

CCI rejects Air India's complaint against IndiGo

Air India and IndiGo are among the key domestic airlines.

CCI clears Aviva's additional 23% stake buy in Indian joint venture

Aviva Life Insurance Company India Ltd is a joint venture between Aviva and Dabur Invest Corp (DIC).

CCI probes alleged cartelisation in airfares

Noting that concerns over sudden rise in airfares are "understandable", Competition Commission on Friday said it is again probing alleged carterlisation in air ticket prices even though earlier probes did not find any evidence in this regard.

 

Future Group-Bharti Retail's Rs 750-crore deal gets CCI nod

Competition Commission has cleared the proposed Rs 750-crore multi-tier merger deal between Future Group and Bharti Retail.

CCI not looking at Net neutrality as of now: Member

"We are not concerned about Net neutrality at this point of time as the sectoral regulator is yet to firm up its mind ... But we are keeping a watch on it and will act if it is found to be anti-competitive," Sahoo told reporters here.

Competition Commission dismisses complaint against 18 auto makers

Competition Commission dismisses complaint against 18 auto makers

CCI rejected allegations of unfair business practices made against 18 auto makers.

IndusInd Bank-RBS deal gets Competition Commission nod

IndusInd Bank has received Competition Commission approval for the acquisition of Royal Bank of Scotland's gems and jewellery financing business in the country.

Competition Commission rejects complaint against IndiGo

The Competition Commission has rejected allegations that leading airline IndiGo abused its dominant position by imposing arbitrary and unfair conditions on passengers.

CCI mulls 'competition assessment' of economic legislations

Seeking to ensure a level-playing field in economic activities across sectors, anti-trust regulator CCI plans to carry out "competition assessment" of all upcoming economic legislations, both at the Centre and state levels.

65 posts vacant at Competition Commission: Govt

Almost one-third of the total sanctioned posts are lying vacant at the fair trade watchdog the Competition Commission, including for Joint Directors, Deputy Directors and Deputy Director General, Parliament was informed on Tuesday.

Competition Commission probing Google in four cases: Jaitley

The Competition Commission, which had ordered probes against Google in four different cases for alleged abuse of dominant market position, has received a combined investigation report in two cases till date, parliament was told on Friday.

CCI approves Shanghvi's deal with Suzlon

Competition Commission has cleared billionaire Dilip Shanghvi's proposed Rs 1,800-crore stake buy in wind turbine maker Suzlon Energy.

CCI to step up vigil on high technology market

Competition Commission will start intense analysis of multi-sided high technology market as it looks to boost its vigil against unfair business ways.

Kotak Mahindra, ING Vysya edge higher as merger gets RBI nod

Shares of Kotak Mahindra Bank and ING Vysya Bank edged higher Wednesday as the Reserve Bank approved the merger deal between the two companies.

Zuari to launch open offer in 12 days to acquire stake in MCFL

With Competition Commission's approval in place, Zuari Group is in discussions with investment bankers to launch its open offer in next 12 days to acquire additional 36.56 per cent stake in MCFL.

CCI approves Zuari's open offer to acquire 36% stake in MCFL

In a boost to Zuari Group, the Competition Commission has approved its revised voluntary open offer to acquire additional 36.56 percent stake in MCFL, for which it is locked in a takeover battle with Deepak Fertilisers.

CCI dismisses case against Tamilnad Mercantile Bank

The Competition Commission has dismissed a complaint which alleged that private sector lender Tamilnad Mercantile Bank indulged in unfair business practices while providing banking services.

Sun Pharma, Ranbaxy rise after regulatory nods for merger deal

At the end of today's trade, Sun Pharmaceutical Industries ended at Rs 1,039.85, up 1.55 percent and Ranbaxy Laboratories closed at Rs 819.55 apiece, up 1.86 percent.

Sun Pharma gets RBI nod for transfer of Ranbaxy overseas investments

The central bank also approved issue of equity shares of Sun Pharma to the non-resident holders of equity shares of Ranbaxy Laboratories, the filing added.