CCI Probes Asian Paints for Position Abuse on Grasim’s ComplainÂ
The Competition Commission of India (CCI) has initiated an investigation into Asian Paints over allegations of anti-competitive practices, based on a complaint filed by Grasim Industries, part of the Aditya Birla Group. The CCI has ordered the Director General to investigate and submit a report within the 90 days, mentioning there was no need to…
Sumit
Vodafone Idea Decides To Converse Debts Into Equity, Government Owns The Share
On Tuesday, Vodafone-Idea informed the exchanges about the decision of resolving debts and interests converting into government equity. The company decided to adjust the gross revenue dues by converting them into equity. This is a smart business move by Vodafone. Vi was under debt, which exceeded Rs 2 lakh crore, and tried methods to raise…
John David