Lok Sabha adjourned for day in just 3 minutes

Lok Sabha was adjourned Thursday with proceedings lasting just three minutes through the day as the Opposition and treasury benches remained at loggerheads over Rahul Gandhi's democracy remarks and......

Profiteering Charges In GST Leave Companies Perplexed

Provisions in the Central GST Act say reduction in GST rates or the benefit of ITC must be passed on to consumers. Illustrations: Dominic Xavier/Rediff.com   The National Anti-Profiteering......

Bajaj Auto to cut entry-level motorcycles by a third

The Pune-based company sells the Platina and CT brands in the entry-level - 100-110cc - segment. Bajaj Auto plans to reduce the number of entry-level models in the motorcycle market by a third as......

GST anti-profiteering authority pulls up Nestle

Refuting the charges, Nestle said the benefits largely have been passed on by way of reduction of MRP or by way of increase in grammage. The National Anti-Profiteering Authority (NAA) has ordered......

Lessons from anti-profiteering order against HUL

The investigation against HUL was initiated on the basis of an anonymous complaint. It alleged ‘profiteering’ of around Rs 535 crore between November 15, 2017, and February 28, 2018.......