SUBSCRIBERS
Indian airlines, tyremakers face fresh probes over cartel practices
All domestic carriers being investigated again; could be fined up to 10% of revenue or profit
Published Fri, Feb 13, 2015 · 09:50 PM
New Delhi
INDIA'S antitrust agency has opened fresh probes into airlines and tyremakers over allegations of cartel behaviour.
The regulator's chairman, Ashok Chawla, said in an interview in New Delhi on Wednesday that all domestic carriers are being reviewed.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Transport & Logistics
Hyundai Motor plans to add hybrids to US plant within current investment
Boeing cargo plane lands in Istanbul without front landing gear, no casualties
Uber shares tumble on surprise net loss, weak second-quarter forecast
New law increases control of ownership, management of critical transport firms in Singapore
Premium for big car COEs tops S$105,000 while that for mainstream cars hovers below S$95,000
Toyota sees 20% full-year profit decline after blockbuster Q4