Legal25 Aug 2026, 04:16 pm
Ceat Ltd Cleared by CCI in Bid-Rigging Allegations
AI Summary
Ceat Ltd has received an order from the Competition Commission of India (CCI) dated August 21, 2026. The order pertains to an investigation into alleged bid-rigging in procurement tenders of State Transport Undertakings, dating back to 2019. The CCI has concluded that Ceat Ltd did not contravene any regulations in this matter. This update is provided for general information and records.
Key Highlights
- Ceat Ltd cleared of bid-rigging allegations by CCI.
- Investigation related to 2019 State Transport Undertaking tenders.
- CCI found no contravention by Ceat Ltd.
- Order issued by CCI on August 21, 2026.
Price Impact
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