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MUMBAI: Fair trade regulator Competition Commission of India is investigating alleged cartelisation by 37 signaling cable manufacturers in the recent tenders floated by North Western Railway, according to documents reviewed by ET.In a complaint filed with the CCI recently, the chief material manager of North Western Railway, a division of state-run Indian Railways, had alleged that companies participating in tenders for procurement of signaling cables had acted in concert and quoted higher prices.Giving orders for a probe, the CCI said, "It is prima facie clear that OPs (opposite parties or bidders) have not quoted exactly similar price in response to any bid but the data provided with the information indicates that there was meeting of minds of the opposite parties while quoting rates in response to different bids." The CCI's investigation arm, the director-general of investigation, has initiated a probe following this order. The... more...
competition watchdog has also issued notices to all the 37 firms and asked the investigation officer to submit a report within two months. According to railway officials, RS Lodha Group-owned Vindhya Telelinks, Birla Ericsson Optical, Rajasthan Transformers & Switchgears, Paramount Communication, SPM Power and Telecom, CMI, Tirupati Plastomatics, Continental Telepower and Delhi Telecom are among the 37 companies named in the complaint. MP Telelinks (now MPI Machines), Vindhya Telelinks and Birla Ericsson Optical did not respond to email queries from ET. Phone calls to the other listed firms on the list remained unanswered. Railway signaling cables are safety items and essential for gauge conversion, addition of rail lines and other tasks, according to the railways. "Opposite parties quoted higher rates for railway signaling cable compared to the prevailing market rate, recent accepted rates of other railways and updated rates for each tender based on price variation clause (PVC) in response to various procurement tenders of NWR," the railway department had said in its complaint. "This was an indication of absence of competitive bidding and formation of cartel by the OP." As per the Competition Act, the maximum penalty for cartelisation is three times a company's profit or 10% of its turnover, whichever is higher. The CCI order, referring to a particular tender for procurement of signalling cables for 662 km, said 14 companies participated in the bidding. "All of them quoted higher prices ranging from 8.2% to 8.63% compared to East Coast Railway's accepted rate in May 2013 and South Central Railway's accepted rate in April 2013." "The basic rate updated in July 2013 was 1.32 lakh per km, whereas the participating firms quoted prices ranging from 1.43 lakh to 1.65 lakh," the railways alleged. In its order, the regulator observed, "This behaviour of suppliers was alleged as cartel formation among suppliers who, after arriving at an understanding were trying to obtain higher rates from NWR."
it comes as a fresh breeze. railway officials going to CCI against cartelisation! kudos to the NWR officials in times when the country is riddled with kickbacks and corruptions at all levels for all sorts of tenders
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Ministry of Railways has approved the extension of Tr. No. 12720/12719 Hyderabad-Ajmer-Hyderabad Bi-Weekly Express to Jaipur with effect from 2nd April, 2018 from Hyderabad and 4th April, 2018 from Jaipur. Accordingly...
As per the recent post , the new Pax Login feature has now been introduced. Here are the details of the feature set.
1. Now you may login to the site as a Member or a Passenger, or BOTH Member & Passenger at the same time. Passenger login is called "Pax Login"...
As detailed here , last month, some changes were made to the PNR section. In the next phase of this rollout, we shall be further separating "Passengers" from "Members".
1. "Passengers" will be able to login using ONLY their PNRs (no password). We shall have a Pax Login above the current...
There are some changes coming to the PNR Forum.
1. All PNRs will be anonymized, i.e. you won't see who posted the PNRs or search PNRs by Traveller. This is to better protect the confidentiality of travelling members and their travel plans. However, members will still be able to search their OWN...
In recent times, the number of FM Complaints regarding "targeting me", "offensive content", "sarcastic comment", "bashing", etc. have been increasing. This has led to increased censorship and throttling of open discussions.
This is a clarification that this site is meant for a FREE EXCHANGE of ideas. Some arguments/debates/disagreements/jokes/sarcasm are ALLOWED and are...
There has been a partial rollout of a modification to Timeline entries. The implementation will be complete within a week.
1. Void & RAC buttons have been removed.
2. TL Entries can now be Edited and Fixed by the original updater, if there are errors. So there is no need to Void TLs...
There has recently been a lot of frustration among RFs when their Station Pics, Loco Pics, Train Pics get rejected because the "number is not showing", "shed is not visible", the loco/train is at a distance, Train Board is too small, "better pic available", etc.
To address this issue, effective tomorrow, ALL...
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