E-PaperCci Penalty News
CCI penalises 7 firms guilty of bid-rigging in Indian Railways tenders
The CCI cited regular e-mail communications between the parties and filing of bids from the same IP addresses by certain parties etc. as pieces of evidence.
1 min read9 Jun 2022NCLAT strikes down cement firms’ plea against ₹ 6,700 crore CCI penalty for ‘cartelization’
In August 2016, CCI had slapped 6,700 crore penalty on 11 cement companies, including UltraTech Cement, ACC, Ambuja Cement, Ramco Cements and JK Cement for indulging in cartelization
1 min read25 Jul 2018Coal India shares fall over 2% as CCI slaps ₹591 crore penalty
Coal India shares ended the day with a loss of 2.18% at ₹291.55 on BSE after CCI slapped penalty. During the day, it declined by 2.51%
1 min read27 Mar 2017CCI imposes reduced penalty of Rs591 crore on Coal India for fuel supply pacts
The Competition Commission of India (CCI) has asked Coal India to modify the Fuel Supply Agreements (FSAs) and also ensure uniformity between private and govt power producers
1 min read24 Mar 2017Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared