SKF, the world’s largest maker of ball-bearings, said in a statement it had assisted the investigation and disputed any claim of wrongdoing.
The order against GHIAL has come on a complaint filed with the watchdog by Air Works India (Engineering) Pvt Ltd.
India's telecom sector has witnessed a churn with stiff competition, especially after the entry of Reliance Jio.
FM Nirmala Sitharaman flagged the issue of competition sans frontiers and at times, its adverse impact on Indian consumers.
To check if PwC, EY, Deloitte & KPMG abusing position.
CCI should look into dominance of these four global auditors and whether they are thwarting competition.
In April this year, Lakshmi Vilas Bank had announced its merger with Indiabulls Housing Finance in a share-swap deal.
The investigation unit’s report will now be reviewed by senior members of the CCI.
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