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Monday, Nov 23, 2009
 
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CCIL to guarantee currency forwards from December23-NOV-09
As with the currency futures market, over the counter market (OTC) instruments, known as currency forwards, will also get the benefit of guaranteed settlement.
Letters: Bank on the CCI10-NOV-09
Business Standard (‘RBI or Comp Comm?’, Sept 22) supports the RBI suggestion that bank merger regulations be exempted from the purview of the Competition Act, 2002, an issue which was also recommended by the joint Ministry of Finance-RBI Committee on Financial Sector Assessment in March, 2009. RBI’s request is understandable given that the banking sector’s stability is critical for the whole economy, and the fact that there are too many banks in the public sector which
JSPL files complaint against railways with CCI09-NOV-09
Jindal Steel and Power Ltd (JSPL) has filed a complaint with competition watchdog Competition Commission of India (CCI) against the Indian Railways for entering into an “exclusive agreement” with state-run Steel Authority of India (SAIL) for supply of products.
Merger norms of CCI Act would benefit industry: Khurshid06-NOV-09
The government today expressed its commitment to make it mandatory for companies to seek anti-monopoly watchdog Competition Commission of India's (CCI) approval for mergers and acquisitions (M&A), saying the move would benefit India Inc.
Internet body petitions CCI on telephony03-NOV-09
Frustrated with an almost seven-month delay in the Department of Telecommunication (DoT) response to the Telecom Regulatory Authority of India (Trai) recommendation that the Internet Service Providers (ISPs) should be permitted to use telephone lines to make internet telephony calls, the Internet Service Providers Association of India (ISPAI) has moved the Competition Commission of India (CCI).
Banks under CCI scanner for pre-payment penalty on home loans02-NOV-09
Several banks and housing finance companies have come under the scanner of the competition watchdog for imposing penalty on pre-payment of loans.
Punjab cotton growers reap rich harvest29-OCT-09
This year again there is windfall gain for the cotton growers of Punjab. The average price of medium staple cotton in the state is ruling above MSP of Rs 2,800 per quintal in different mandis of the state. Analysts feel in coming days the price of cotton would further surge.
Govt may take 6 months to notify CCI's M&A norms23-OCT-09
The government may take at least six months more to notify the crucial provisions of the Competition Act, that would empower competition watchdog Competition Commission of India (CCI) to scrutinise high value mergers and acquisitions (M&A).
Export demand, reduction in arrival push up cotton prices19-OCT-09
Cotton prices seems to have started moving upwards following sustained buying of exporters and reduction in arrivals of the commodity due to festive season of Diwali. The prices in both spot as well as forward market have surged in the range of Rs. 500 to Rs. 600 per bale in last week.
MCA studies global models to keep banking out of CCI's purview14-OCT-09
The Corporate Affairs Ministry is studying international models to examine whether mergers and acquisitions (M&As) in the banking sector could be kept out of the Competition Commission's purview.
Banks may be kept out of CCI ambit12-OCT-09
The government would examine the possibility of keeping banking and shipping sectors out of the purview of the Competition Commission of India, Corporate Affairs Minister Salman Khurshid said.
'We will get best brains for CCI'12-OCT-09
With the government notifying almost every component of the Competition Act, the country’s anti-competitive practices watchdog, the Competition Commission of India (CCI), is beginning to function as a full-fledged body. The concept of competition and anti-competitive laws being new to the country, the task before the commission is huge. Apart from establishing itself as a performing organisation, the commission will have to sensitise various stakeholders on anti-competitive practices that are becoming more evident in a free-market economy. Dhanendra Kumar, chairperson of CCI, talks to Joe C Mathew on the priorities before the commission in its formative days.
CCI to notify merger norms05-OCT-09
The Competition Commission of India (CCI) will shortly notify Section 5 and 6 of the Competition Act to regulate mergers and acquisition, according to CCI Chairman Dhanendra Kumar.
CCI to notify merger norms soon04-OCT-09
The Competition Commission of India (CCI) will shortly notify Section 5 and 6 of the Competition Act to regulate mergers and acquisition, according to CCI Chairman Dhanendra Kumar.
Srivastava takes over as Nalco CMD02-OCT-09
Abhay Kumar Srivastava, the chairman and managing director of Cement Corporation of India (CCIL) today took over as CMD of navratna public sector unit, National Aluminium Company Ltd (Nalco).
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