Diesel, Andhra Pradesh, Hyderabad,Tamilnadu, Telangana, smuggling

Diesel smuggling racket busted, 14 containers of diesel seized, hawala operator arrested

On the basis of inputs provided by Andhra Pradesh (AP) State intelligence Department, Directorate of Revenue Intelligence (DRI), Hyderabad developed intelligence indicating that diesel is being smuggled into India in guise of mineral spirit by certain operators based at Kakinada and Chennai, said a press note from the department.The said diesel is being brought from […]

Nippo, Panasonic, CCI,AIDCM ,Association of Indian Dry Cell Manufacturers,Competition Commission of India, India

Penalty of Rs. 213 crore slapped on Eveready and Nippo

The Competition Commission of India (CCI) imposed a heavy penalty of Rs 213 crores for colluding to fix prices of zinc-carbon dry cell battery in India on Eveready and Nippo. However, CCI has also lowered the penalty on Eveready Industries India, Indo National Ltd (Nippo), Panasonic Energy India and their association AIDCM (Association of Indian […]