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CCI fines Hyundai Rs 420 cr; Reva, Premier also face flak

The carmakers were found to be restricting sale of spare parts in open market.

General insurers to challenge Rs 671 crore CCI penalty

State-owned non-life insurers are "surprised" at the Rs 671-crore penalty that fair trade watchdog CCI on Thursday slapped on them for allegedly forming a cartel and rigging the tender floated by Kerala government to select insurance provider for Rashtriya Swasthya Bima Yojna.

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.

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.

Coal India seeks stay on CCI's Rs 1,773-cr penalty order

State-owned Coal India has challenged Competition Commission's move to slap Rs 1,773 crore penalty on the miner for unfair trade practices, seeking a stay on the order.

CCI has imposed Rs 8,000 cr penalty in 19 cases: Par

As on March 31, 2013, Competition Commission of India (CCI) had received a total of 347 cases regarding violations of anti-competitive practises, Corporate Affairs Minister Sachin Pilot said in a written reply to Rajya Sabha.

DLF's plea seeking clarification posted for hearing on Jul 18

Real estate major DLF's plea in Competition Appellate Tribunal seeking a clarification on a stay order last year on CCI's Rs 630-crore penalty will come up for final hearing on July 18.

Cement stocks slide on CCI penalty

Cement stocks, including those of ACC and Ambuja on Friday lost ground, falling up to 6.3 percent after competition watchdog CCI slapped a hefty Rs 6,307 crore penalty on 11 companies for price cartelisation.