CIL is charged of discriminating in favour of public sector firms in the reworked format of fuel supply agreements.
The offer is to close on April 26 and the price is fixed at Rs 1,440 a share.
The spokesperson in the Ministry of External Affairs said diplomats deal with a variety of issues and it was normal for them to collect information, assess them and send report to the government back home.
The case may drag for a few years, experts say, as CAIT and DVM have said they will appeal against the interim relief granted to Amazon.
Diktat to four general insurance companies says 'avoid competition' in any corporate or group account
10 companies and industry body penalised for cartelisation, likely to take legal recourse.
CCI to examine competition part of deals, RBI prudential aspects.
The CCI said that the complaint did not fall under any area that violates Competition rules.
Last year, Tech Mahindra and Mahindra Satyam announced their intention to merge aming to create a $2.4 billion entity.
His film Vishwaroopam is now likely to release on January 18.
After hearing Kingfisher's plea, the COMPAT observed that the CCI had acted beyond its scope in the matter and set aside the penalty.
Corporate affairs ministry note for ministerial group says can't keep banking, telecom out of CCI purview as RBI, Trai enable but not regulate competition
Goyal wondered why an e-commerce market place model, where a firm provides an IT platform for buyers and sellers, was incurring such huge losses adding that it needs to be looked into.
Tightening the norms, the government has done away with automatic approval of foreign direct investment (FDI) in the existing pharmaceutical companies.
Maintaining that the aviation sector was going through a 'bit of turmoil', he said there was a volatility in demand and supply, mainly on account of two large airlines reducing capacity for certain reasons.
The CCI says that cement firms met regularly to fix prices, control market share and hold back supply.
Almost a year after announcing a $4 billion deal, Sun Pharmaceutical Industries on Tuesday said merger of Ranbaxy with itself has been 'consummated.'
The Department of Industrial Policy & Promotion and Planning Commission member Arun Maira are sticking to their guns on foreign direct investment in the pharmaceutical sector.
Independent directors were supposed to safeguard the interest of all stakeholders.
Corporate affairs ministry mulls changes in Competition Act, may provide different threshold for various sectors.
In November, Kotak Mahindra Bank had announced the buyout of ING Vysya Bank in an all-stock deal valued at Rs 15,000 crore (Rs 150 billion).
The buy/sale agreement between the two parties is back in focus.
Chinese e-commerce giant Alibaba has received anti-trust regulator CCI's approval for buying 4.14 per cent stake in Snapdeal.
The Competition Commission on Thursday imposed Rs 1 crore fine on Abu Dhabi-based Etihad for non-disclosure of full information in the course of seeking approval for its purchase of 24 per cent stake in Jet Airways.
As many as 230 persons, including ex-Finance Secretary Ashok Chawla, former Corporate Affairs Secretary R Bandyopadhyay and other senior bureaucrats and eminent economists have lined up for the two high profile jobs at the country's anti-monopoly watchdog, Competition Commission of India (CCI).
In August, the Supreme Court had said that the total amount should be deposited within 3 months with its Registry, pending the outcome of the appeal filed by the DLF against the May 19 order of Competition Appellate Tribunal's upholding the penalty imposed by CCI.
Spare parts from Indian car makers are available with all retailers, but that is not the case with international car makers.
Domestic institutional shareholders, who together hold around 39 per cent stake in the National Stock Exchange, are unhappy with the exchange's strategy of not charging transaction fees in the currency derivative segment.
The biggest private petroleum company had lost the tender due to OMCs adopting a uniform strategy of differential discounts at different locations. Asked, CCI officials were not available for a comment.
The central government is likely to notify the merger and acquisition (M&A) rules meant to operationalise M&A provisions prescribed under the Competition Act, 2002 by mid-April.
A customer has filed a complaint before the Commission under section 4 of the Competition Act 2002
The investigation wing of the Competition Commission of India (CCI) has cleared nine foreign airlines of cartelisation and abuse of dominant position charges, pressed by the Travel Agents Association of India (TAAI).
New regime less harsh than the draft guidelines, has a host of exemptions.
The Competition Commission of India has notified Sections 5 and 6 of the Competition Commission Act, 2002, dealing with mergers and acquisition last month, but it is yet to finalise the rules.
'With a less than comely bride and no dowry to speak of, the prospects of landing a good match look bleak, a grim, sinister and no-nonsense prospective father-in-law notwithstanding,' says Anjuli Bhargava.
In December last year, Amazon invested over Rs 1,700 crore into its payments and wholesale business units in India, while in October it had infused over Rs 4,400 crore (more than USD 600 million) in its various units in India, including marketplace and food retail. Bezos last visited India in 2014 when he presented Amazon's Indian unit with a giant cheque for USD 2 billion. Since then, Amazon has pledged a further USD 3.5 billion to expand in the country and the USD 1 billion investment announced on Wednesday would take the total committed investment to USD 6.5 billion.
Facing flak, TERI's executive vice chairman R K Pachauri on Friday proceeded on leave from two other bodies -- TERI and its governing council, which also appointed former Competition Commission chief Ashok Chawla as the new chairman in an apparent damage control measure.
Competition watchdog CCI may take only 30 days to clear high-voltage corporate mergers and acquisitions, a move that will address one of India Inc's major contentions.
Google abusing dominance in online web search, watchdog said; Matrimony.com complaining the search giant had got off too lightly
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