 "HCl Tech Q2 net income rises 4.4% to Rs 2,651 crore, EBIT up 17.9%")
JK Tyre, other companies face antitrust scrutiny in bid-rigging case
India's antitrust regulator is investigating JK Tyre & Industries Ltd after a state government accused the company of bid rigging, and the probe has been expanded to other firms, according to sources and legal filings seen by Reuters. The Competition Commission of India (CCI) last year ordered a probe after the northern state of Haryana said JK Tyre employed unfair trade practices while bidding to supply tyres for public transport vehicles, a court filing showed. Read More...
HCL Tech Q2 profit rises 18.5% to Rs 3,142 crore, outperforms projections
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