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CCI imposes Rs 1,786 cr fine on five tyre cos for indulging in cartelisation

The Competition Commission of India (CCI) on Wednesday said it has imposed penalties of Rs 425.53 crore on Apollo Tyres, Rs 622.09 crore on MRF, Rs 252.16 crore on CEAT, Rs 309.95 crore on JK Tyre and Rs 178.33 crore on Birla Tyres for indulging in cartelisation.

Ministry of corporate affairsApollo tyresCompetition commission of indiaIndia tyre dealers federationAutomotive tyre manufacturers associationCompetition commissionBirla tyresCorporate affairsAll india tyre dealersCompetition commission of india cciJk tyre

CCI imposes ₹1,788 crore penalty on five tyre manufacturers for cartelisation

A collective penalty of over ₹1500 crores had been imposed on Apollo Tyres, MRF Ltd., CEAT Ltd., JK Tyre and Birla Tyres besides a cease and desist order and a separate penalty of ₹8.4 lakhs on the association.

Tamil naduDivision bench of the madras high courtMadras high courtHigh courtDivision benchInvestigating officerCentral governmentSupreme courtSupreme court of indiaApollo tyresCeat ltdJk tyresBirla tyresMrf ltdTyre manufacturersAutomotive tyre manufacturers association

CCI imposes Rs 1,786 cr fine on five tyre cos for indulging in cartelisation

The Competition Commission of India (CCI) on Wednesday said it has imposed penalties of Rs 425.53 crore on Apollo Tyres, Rs 622.09 crore on MRF, Rs 252.16 crore on CEAT, Rs 309.95 crore on JK Tyre and Rs 178.33 crore on Birla Tyres for .

New delhiMinistry of corporate affairsApollo tyresCompetition commission of indiaIndia tyre dealers federationAutomotive tyre manufacturers associationCompetition commissionBirla tyresCorporate affairsAll india tyre dealers

CCI imposes fine on Apollo Tyres, MRF, other tyre makers for cartelisation

A penalty of Rs 425.53 crore was levied on Apollo Tyres, Rs 622.09 crore on MRF Ltd, Rs 252.16 crore on CEAT Ltd, Rs 309.95 crore on JK Tyre and Rs 178.33 crore on Birla Tyres.

Supreme courtApollo tyresCompetition commission of indiaAutomotive tyre manufacturers associationCompetition commissionBirla tyresCompetition actArtelisation chargesApollo tyres

Birla Tyres Limited board approves draft scheme of arrangement

Birla Tyres Limited board approves draft scheme of arrangement
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