cartel

Breaking: The Competition Commission of India (CCI) has ruled on the first ever case to enter its doors, levying nominal fines against prominent film producers in the case brought by Luthra & Luthra on behalf of cinema owners two years ago.

The Competition Commission of India (CCI) has made it first order, clearing 16 banks from the allegation of having acted in a cartel to fix penalty rates of homeowners foreclosing housing loans.