Go Unlimited with Magzter GOLD

Go Unlimited with Magzter GOLD

Get unlimited access to 10,000+ magazines, newspapers and Premium stories for just

$149.99
 
$74.99/Year

Try GOLD - Free

CCI Orders Probe into Asian Paints' Alleged Market Abuse

Mint Mumbai

|

July 02, 2025

Says co imposing unfair conditions on dealers by restraining them from working with others

- Gireesh Chandra Prasad & Nehal Chaliawala

CCI Orders Probe into Asian Paints' Alleged Market Abuse

India's competition watchdog has ordered an investigation into Asian Paints Ltd for allegedly abusing its dominance in the decorative paints market, which has seen a recent rush of business giants enter the space.

The Competition Commission of India (CCI) on Tuesday ordered the probe on a reference filed by Grasim Industries Ltd, the flagship company of the Aditya Birla Group, which entered the decorative paints market under the brand name Birla Opus Paints in February 2024.

CCI said there was a 'first impression case' of India's largest decorative paints company allegedly imposing unfair conditions on its dealers by restraining them from working with competitors like Birla Opus. This "is found to be in the nature of exploitative conduct", CCI said in its order, signed by CCI chairperson Ravneet Kaur and three members.

MORE STORIES FROM Mint Mumbai

Mint Mumbai

Mint Mumbai

Hexaware sued for $500 million in US over patent breach

American IT services firm Natsoft Corp. has sued Hexaware Technologies Ltd for breach of contract and patent infringement, seeking $500 million in damages from the latter, in one of the biggest patent cases against an Indian IT firm.

time to read

3 mins

October 03, 2025

Mint Mumbai

H-1B clampdown may extend to US college faculty

Rising anti-immigration sentiment in the US is no longer confined to moves to limit foreign technology workers from entering the country.

time to read

2 mins

October 03, 2025

Mint Mumbai

FPIs pull record ₹2 tn on valuations, weak rupee

Heavy outflows could cap market gains; Nifty returns just 0.3% in dollar terms

time to read

2 mins

October 03, 2025

Mint Mumbai

Mint Mumbai

Govt scans e-commerce cos’ COD charges, refund delays

The government will examine if cash-on-delivery charges imposed by online retailers are aimed at nudging consumers to pay upfront, and why refunds are delayed or blocked if prepaid orders are cancelled, said two people aware of the matter.

time to read

2 mins

October 03, 2025

Mint Mumbai

Mint Mumbai

A seven-seater SUV with a touch of style

The Volkswagen Tayron brings refined European flavour to the three-row SUV space, offering premium interiors and features

time to read

3 mins

October 03, 2025

Mint Mumbai

Mint Mumbai

Thyssenkrupp-EP Group JV ends, Jindal gains clear run

EP Group agrees to exit the talks, returning its 20% stake in Thyssenkrupp Steel Europe

time to read

2 mins

October 03, 2025

Mint Mumbai

Mint Mumbai

India gets $13 billion investment pledges to make electronic parts

India’s scheme offering incentives to create an electronics component supply chain has generated strong interest as the Centre received 249 applications, proposing investments totalling $13 billion (₹1.15 trillion), according to Union information technology (IT) minister Ashwini Vaishnaw.

time to read

1 mins

October 03, 2025

Mint Mumbai

Russia looking to 'escalate': Zelensky

Ukraine’s president Volodymyr Zelensky warned Europe on Thursday that recent drone incursions showed Russia was looking to “escalate” its aggression, as he offered his country’s war-honed expertise to help counter the threat.

time to read

1 min

October 03, 2025

Mint Mumbai

Mint Mumbai

Auto parts cos grow abroad, following Motherson model

Companies scout for global opportunities in forgings, castings, interiors and electronics

time to read

3 mins

October 03, 2025

Mint Mumbai

Hackers extort executives after claiming Oracle apps breach

Executives and technology departments at large organizations are being extorted by a notorious ransomware group that claims to have stolen their data from a suite of popular Oracle Corp. applications.

time to read

1 min

October 03, 2025

Listen

Translate

Share

-
+

Change font size