Tyre stocks skid as CCI slaps penalty on 5 companies for ''indulging in cartelisation'' Moneycontrol

MRF to challenge ₹ 622 cr penalty order by CCI

01:49pm, Thursday, 03'rd Feb 2022 Livemint
The CCI yesterday said the Supreme Court had dismissed a petition filed by tyre companies wherein they had challenged the regulator''s order imposing penalties totalling over ₹1,788 crore on them for indulging in cartelisation.

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01:35pm, Thursday, 03'rd Feb 2022 Seeking Alpha
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CCI penalizes tyre makers for cartelisation

06:31am, Thursday, 03'rd Feb 2022 Business Standard
The Competition Commission of India (CCI) has imposed a tyre manufacturers and their association for indulging in cartelisation.
Shares of tyre companies traded negative in the early trade on the BSE on Thursday, a day after Competition Commission of India (CCI) imposed a penalty of approximately Rs 1,788 crore on five tyre companies. Get more Markets News and Business News on Zee Business.
CCI had imposed a penalty on tyre companies for price-fixing in 2016 as well

Tyre stocks trade weak after CCI imposes penalty; Ceat hits 52-week low

04:48am, Thursday, 03'rd Feb 2022 Business Standard
The CCI on Wednesday said Supreme Court dismissed a petition filed by tyre companies wherein they had challenged the regulator''s order imposing penalties on them for anti-competitive practices

How CCI action on shipping cartels helps companies

06:34pm, Wednesday, 02'nd Feb 2022 Livemint
On 20 January, the Competition Commission of India (CCI) issued its final order in an alleged case of cartelization involving four Japanese shipping firms, asking them to desist from avoiding competition with each other. Mint takes a close look at the context and implications
The tyre manufacturers had exchanged price-sensitive data amongst them through their the platform of ATMA, and had taken collective decisions on the prices of tyres

6 Reasons REITs Are Great for Passive Income -- Especially Now

12:50pm, Wednesday, 02'nd Feb 2022 The Motley Fool
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The More It Drops, The More I Buy

08:35am, Wednesday, 02'nd Feb 2022
REITs are dropping due to fears of rising interest rates. As a result, we're now accumulating more shares at now even greater discounts.

WEF''s blockchain head will lead the Crypto Council for Innovation

05:15pm, Monday, 31'st Jan 2022 Coin Telegraph
CCI board member Fred Ehrsam cited the WEF executives in-depth knowledge of crypto in addition to her experience working with governments across the globe.
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