Tuesday, September 28, 2021

UBL may resort to debt for CCI#39;s Rs 752 crore penalty

UBL may resort to debt for CCI#39;s Rs 752 crore penalty The antitrust body on September 24 has imposed penalties of around Rs 900 crore on three beer-making companies including SABMiller India (makers of foster beer), United Breweries (makers of Kingfisher beer) and Carlsberg as well as their trade association All India Brewers̢۪ Association (AIBA) for cartelisation.

from Moneycontrol Business News https://ift.tt/2XTjiyK

No comments:

Post a Comment

Nifty eyes relief rally on tariff hopes, FIIs remain a drag

Markets anticipate a rebound early in the shortened week following news of potential tariff removal on India. Despite oversold conditions, a...