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CCI slaps Rs 591 crore penalty on Coal India

CCI slaps Rs 591 crore penalty on Coal India

Competition Commission on Friday imposed a fine of Rs 591 crore on state-owned Coal India for having discriminatory conditions in fuel supply pacts.

 

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".

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.

MCX-SX welcomes Compat decision against NSE's appeal

Welcoming the Competition Appellate Tribunal's decision to uphold a CCI order against NSE, rival stock exchange MCX-SX Tuesday said dominant entities have a special responsibility not to distort competition.

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 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 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.

Compat to hear appeal against Jet-Etihad deal on Feb 24

The Competition Appellate Tribunal will again hear on February 24 the appeal against fair trade watchdog CCI's approval of the Rs 2,060 crore Jet-Etihad deal.

CIL case: Compat to issue notice to Competition Commission

However, the tribunal did not stay the CCI penalty on CIL and the matter will be looked into during the next hearing, scheduled on February 11.

Jet-Etihad deal: Compat to hear appeal after 3 weeks

The Competition Appellate Tribunal will hear an appeal against fair trade regulator CCI's approval of the Rs 2,060 crore Jet-Etihad deal after three weeks.

Compat issues notices to CCI, Jet Airways

This follows an appeal filed by Air India's former executive director Jitendra Bhargava challenging the Competition Commission of India's (CCI) nod to the deal.

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 upholds CCI order against 9 cos; reduces penalty to 10%

The Competition Appellate Tribunal has reduced the penalty to 10 percent of total fine imposed by the regulator CCI on nine explosives manufacturers for forming a cartel to bid for supply to Coal India.

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.

DLF appeals COMPAT to set aside CCI order amending pact

DLF on Thursday moved the Competition Appellate Tribunal (COMPAT) challenging CCI orders that amended agreement between the realty major and flat buyers.

CCI decision to modify DLF, buyers pact sparks debate

CCI's decision to modify realty major DLF's apartment buyers agreement in relation to a case involving Rs 630 crore penalty on the firm has sparked a debate about the fair-trade regulator's jurisdiction and other matters concerning the real estate sector.

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".