MUMBAI The Competition Commission of India (CCI) is investigating anti-competitive practices by carmakers, corporate affairs minister Sachin Pilot said in a written reply in parliament on Monday.
The three-year-old CCI, which has become increasingly assertive, in June levied a record fine of more than $1.1 billion on 12 of the country's biggest cement companies for price fixing.
(Reporting by Aditi Shah; Editing by Dan Lalor)
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What seemed like a possibility for the Nifty to cross the 8,000 mark just two weeks ago has now turned out to be a far-fetched dream. A 7,950-8,000 range could be used to book partial profits and re-enter closer to 7,750-7,800 for the next couple of weeks. The next big trigger would be the arrival of monsoons, writes Ambareesh Baliga. Read