Poging GOUD - Vrij

CCI Orders Probe into Asian Paints' Alleged Market Abuse

Mint Chennai

|

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.

MEER VERHALEN VAN Mint Chennai

Mint Chennai

How much financial speculation can the real economy truly take?

A tendency to gamble poses big risks to economic stability and the functioning of capital markets

time to read

3 mins

October 10, 2025

Mint Chennai

Even our airports seem to exist in multiple centuries

A couple of years ago, as I went through security check at Bengaluru's swanky international terminal, complete with wall gardens and food franchises of companies owned by celebrity chefs from the West, my computer bag was taken aside for inspection.

time to read

3 mins

October 10, 2025

Mint Chennai

Tax residency depends on your travel pattern and primary base

I am a salaried individual employed by an Indian company that allows me to work remotely. I get paid in India. My spouse lives abroad, so I frequently travel outside the country. Over the last two years, I have spent at least three months each year in India.

time to read

2 mins

October 10, 2025

Mint Chennai

Graphcore to invest $1.3 billion in India

Graphcore, the British chip designer owned by SoftBank Group Corp., will invest £1 billion ($1.3 billion) to build out infrastructure in India over the next decade, including a new research hub.

time to read

1 min

October 10, 2025

Mint Chennai

Lodha faces execution test as H2 turns crucial for sales goal

The first half of fiscal year 2026 (FY26) was modest for realty firm Lodha Developers Ltd, with pre-sales or bookings up 8% year-on-year (yo-y) to ₹9,020 crore.

time to read

1 mins

October 10, 2025

Mint Chennai

PepsiCo is on a mission to revamp Lay’s barbecue chips

PepsiCo Inc. isrevamping its flagship potato chip brand with the aim of satisfying both consumers and the US government.

time to read

1 mins

October 10, 2025

Mint Chennai

Mint Chennai

Festive season opening act fails to shake off Bollywood script’s gloom

The opening act of the crucial festive season hasn't stirred Indian movie theatres out of their slump, threatening to end the year with a thud.

time to read

2 mins

October 10, 2025

Mint Chennai

Zeta looks to onboard two large banks by mid-2026

Bhavin Turakhia-led software startup Zeta is adding new banking partners to digitise their services, following a pilot of its end-to-end banktech model with HDFC Bank in India last year.

time to read

1 min

October 10, 2025

Mint Chennai

It is time to strengthen India-Afghanistan ties

An Afghan minister's visit right after New Delhi joined hands with other countries to rebuff America's eyeing of Bagram offers us a chance to re-imagine the regional balance of power

time to read

2 mins

October 10, 2025

Mint Chennai

Madison asks court to quash CCI probe

Madison Communications is asking a court to quash an antitrust investigation into the advertising agency, arguing its executives were unlawfully questioned during March raids without an attorney present, court papers reviewed by Reuters show.

time to read

1 min

October 10, 2025

Listen

Translate

Share

-
+

Change font size