Page 26 - Cci News Today

Cascade Investment Group Inc. bought a new stake in Crown Castle Inc. (NYSE:CCI – Free Report) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 2,868 shares of the real estate investment trust’s stock, valued at approximately $264,000. A number of […]

The Competition Commission of India (CCI) has proposed that indirect taxes, trade discounts, and intra-group sales will not be considered when computing an entitys turnover for penalties for violating rules. The measure aims to establish norms for imposition of penalties on enterprises and individuals based on turnover or income.

In April 2023, the President of India approved the Competition Amendment Bill, 2023, which brought in a series of changes to competition law for the first time since 2009. The new regulations are part of these changes.

The NCLT noted that the case is high profile and it should be heard at the earlier possible date and adjourned the hearing of the case in January.

The regulations aim to address the ambiguities in determining turnover/income of enterprises or persons, by specifying what the definition of turnover or income shall entail and how it will be determined even in case of entities earning in foreign currency. “The Competition (Amendment) Act, 2023, inter alia, amended Section 27, 48 and Section 64 of the Act empowers the CCI to frame regulations for the purposes of imposition of penalty on enterprise and/or person based on turnover or incom...

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The homeowners say the county is trying to take land they have had for decades.

The Competition Commission of India (CCI) has also sought communication documents exchanged between the Burmans and Religare from October 13, 2017, to September 25, 2023, the period when the promoters of FMCG major Dabur acquired shares in the financial services firm.

Kentucky Retirement Systems purchased a new position in Crown Castle Inc. (NYSE:CCI – Free Report) during the third quarter, HoldingsChannel reports. The institutional investor purchased 35,199 shares of the real estate investment trust’s stock, valued at approximately $3,239,000. Several other hedge funds and other institutional investors also recently added to or reduced their stakes in […]

Pattnaik replaces Atul Verma, whose term as director general of investigations at the CCI ended in November