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Competition Commission

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Cartelisation in cargo: Competition panel slaps Rs 258 cr fine on Jet, IndiGo, SpiceJet

Nov 18, 2015

Cartelisation in cargo: Competition panel slaps Rs 258 cr fine on Jet, IndiGo, SpiceJet

While a penalty of Rs 151.69 crore has been imposed on Jet Airways, the fines slapped on InterGlobe and SpiceJet are Rs 63.74 crore and Rs 42.48 crore, respectively. #air india #Jet Airways #Aviation #SpiceJet #IndiGo #Competition Commission #Go Airlines #fuel surcharge #Express Industry Council of India #air cargo industry
 Competition Commission rejects complaint against IndiGo

Jun 29, 2015

Competition Commission rejects complaint against IndiGo

The complaint was filed by one Udit Gupta from the national capital against Interglobe Aviation -- and the Directorate General of Civil Aviation. #Business #Aviation #CompanyWatch #IndiGo #DGCA #Competition Commission #Interglobe Aviation
Tatas' move to gain management control in AirAsia India may raise questions

Jun 17, 2015

Tatas' move to gain management control in AirAsia India may raise questions

According to multiple sources, Tata Sons may be already in discussions with Telestra Tradeplace's Arun Bhatia for buying out much or all of his 21 percent stake in AirAsia India at undisclosed valuations. #Business #Aviation #Tata Sons #CompanyWatch #Competition Commission #Federation of Indian Airlines #Tony Fernandes #Singapore Airlines #Arun Bhatia #AirAsia India #Telestra Tradeplace #Vistara
Competition Commission clears promoter Ajay Singh to acquire majority stake in SpiceJet

Feb 20, 2015

Competition Commission clears promoter Ajay Singh to acquire majority stake in SpiceJet

Fair trade watchdog Competition Commission today cleared Ajay Singh's proposal to acquire a majority stake in cash-strapped SpiceJet, moving closer to the much-needed recapitalisation of the budget carrier. #India #Business #Civil Aviation Ministry #NewsTracker #Aviation #SpiceJet #Competition Commission
Rs 630 cr penalty: How DLF duped home buyers with false promises

Aug 28, 2014

Rs 630 cr penalty: How DLF duped home buyers with false promises

Labelling DLF's contracts with home buyers as "blatantly unfair, even exploitative," the CCI's observations in a complaint filed by apartment owners in Belaire project in Gurgaon amount to stinging rebuke #real estate sector #Supreme Court #DLF #Thats Just Wrong #CCI #Competition Commission #Competition Appellate Tribunal
CCI took down DLF by creative interpretation of its mandate

Aug 28, 2014

CCI took down DLF by creative interpretation of its mandate

Now that the Supreme Court has upheld the CCI's penalties on DLF, every consumer court will be emboldened to act strongly against one-sided builder contracts #Competition Commission #Supreme Court Judgment #Compat #DLF Penalty #Belaire Owners Association #Gurgaon Realty
 CCI may look into Tata's aviation joint ventures if needed: Chawla

Nov 15, 2013

CCI may look into Tata's aviation joint ventures if needed: Chawla

The CCI chief, however, stated that it is not looking at these ventures at the moment because they are proposed to be operating in separate segments. #Business #Investing #TheySaidIt #AirAsia #CCI #Competition Commission #Singapore Airlines #Ashok Chawla
Would Competition Commission have the guts to bust jewellers' cartel?

Oct 19, 2013

Would Competition Commission have the guts to bust jewellers' cartel?

The truth is there is no back-to-back relationship between the ruling market price of the yellow metal and the gold used in making the jewellery just sold. Like any other manufacturer, jewellers too stock up the raw material-in their case bullion-so much so that in a rising market they always make a profit. Value addition in any case is relatively insignificant.

#Gold #Competition Commission #Jewellery #ETF #Gold market