Competition Appellate Tribunal

Cement shares plunge on penalty; analysts divided on impact

The competition watchdog yesterday fined 11 cement companies Rs 6300 crore, or 50% of its FY10 profits, for cartelisation in the industry.

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

DLF land row: Global tendering is a farce; it won't curb crony capitalists

Global tenders and international bids by themselves are no guarantee that crony capitalists would be held in check. Yesterday's ( 3 September, 2014) Haryana High Court verdict cancelling allotment of 350 acre of land in Gurgaon to DLF by the Haryana government fortifies this view.<br />

We will restructure debt, in talks with bankers: Jet Airways chairman Goyal

Like all but one of India's major airlines, Jet is losing money fast, beset by high costs, low fares and cut-throat competition in its domestic market.<br />

Competition Appellate Tribunal issues notice on Ajay Devgn's plea

The Competition Appellate Tribunal has ordered an inquiry into allegations by Ajay Devgn Films that its movie Son of Sardaar was facing a negative promotion campaign from Yash Raj Films for its Diwali release Jab Tak Hai Jaan.