Vuélvete ilimitado con Magzter GOLD

Vuélvete ilimitado con Magzter GOLD

Obtenga acceso ilimitado a más de 9000 revistas, periódicos e historias Premium por solo

$149.99
 
$74.99/Año

Intentar ORO - Gratis

CCI Orders Probe into Asian Paints' Alleged Market Abuse

Mint Kolkata

|

July 02, 2025

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

- Gireesh Chandra Prasad & Nehal Chaliawala

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.

MÁS HISTORIAS DE Mint Kolkata

Mint Kolkata

Indian IT slashes spending on lobbying in the US

Indian IT slashes spending on lobbying in the US had incurred lobbying costs of $90,000 in 2022 as against $210,000 in 2020. It has not employed any lobbying services since 2022.

time to read

1 mins

November 29, 2025

Mint Kolkata

Apple’s 5th India store to open in Noida soon

Apple announced on Friday it will open its fifth retail store in India on 1 December in Noida's DLF Mall of India—marking its second store in the National Capital Region after Delhi, which opened in April 2023.

time to read

1 min

November 29, 2025

Mint Kolkata

Mint Kolkata

Inside Bengaluru's quiet recycling revolution

Stories from the alleys and gullies of India

time to read

4 mins

November 29, 2025

Mint Kolkata

Mint Kolkata

The beauty and sadness of living in the hills

In ‘Called by the Hills’, her first book-length non-fiction work, Anuradha Roy pays a literary and painterly tribute to her home in the Himalayas

time to read

5 mins

November 29, 2025

Mint Kolkata

Fiscal deficit widens on higher capex, lower tax

India’s fiscal deficit for the April-October period rose on higher capital expenditure and lower net tax revenue.

time to read

1 min

November 29, 2025

Mint Kolkata

Mint Kolkata

Inside Bengaluru’s quiet recycling revolution

Stories from the alleys and gullies of India

time to read

5 mins

November 29, 2025

Mint Kolkata

Mint Kolkata

'The Family Man' S3: Agent down

The new season of the popular spy thriller series starring Manoj Bajpayee feels like a hedged bet

time to read

4 mins

November 29, 2025

Mint Kolkata

Fiscal deficit up on capex, lower tax

during the period, or 55.1% of the annual estimate for FY26, compared to %4.67 trillion or 42% ofthe annual estimate during the year-ago period.

time to read

1 min

November 29, 2025

Mint Kolkata

Equity treatment for Reits from 1 Jan

From 1 January 2026, any money put into Reits (real estate investment funds) by mutual funds and specialized investment funds (SIFs) will be treated as equity-linked investments.

time to read

1 min

November 29, 2025

Mint Kolkata

Mint Kolkata

Former DBS CEO is Temasek India’s new non-exec chair

Piyush Gupta, the former chief executive of DBS Group, has joined Singaporean state-owned multinational investment firm Temasek as India chairman, albeit in a non-executive role, and will work with Ravi Lambah, head of India and strategic initiatives, the firm said, He will join on 1 December.

time to read

1 mins

November 29, 2025

Listen

Translate

Share

-
+

Change font size