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    • CCI slaps Rs 600 cr penalty on DLF

      CCI slaps Rs 600 cr penalty on DLF

      Competition watchdog CCI today imposed a penalty of around Rs 600 crore on realty major DLF for abusing its dominant market position. The penalty, which amounts to 7% of the company's average annual turnover of last three years, was imposed as DLF has been proven guilty of violating section 4(2) of the Competition Act, 2002, sources told PTI.

    • TEPCO faces long, painful recovery from nuclear disaster

      TEPCO faces long, painful recovery from nuclear disaster

      Tokyo Electric Power Co (TEPCO) has such a dominant market position that Japan's government will ensure it survives, but Asia's No 1 utility faces a long and punishing struggle to recover.

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