This is a new feature showing past edits to this News Post.
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."
1 Public Posts - Fri Apr 25, 2014
ARP (Advanced Reservation Period) Calculator
Reservations Open Today @ 8am for: Trains with ARP 10 Dep on: Thu Aug 2 Trains with ARP 15 Dep on: Tue Aug 7 Trains with ARP 30 Dep on: Wed Aug 22 Trains with ARP 120 Dep on: Tue Nov 20
अमर उजाला ब्यूरोचित्रकूट। लखनऊ से जबलपुर अप-डाउन वाली चित्रकूट एक्सप्रेस 25 जुलाई से मानिकपुर नहीं आएगी। अब यह ट्रेन ओहन से बाई पास बांसा पहाड़ रेल मार्ग से चलेगी। पहले इस ट्रेन को 14 अक्टूबर तक मानिकपुर से चलाने की योजना थी लेकिन अब इसे तीन महीने पहले ही बाईपास चलाए...
This is an advance notice of an upcoming change:
1. We shall be removing the Login/Forum section from the RailCal app as it is cumbersome, buggy and lacking in features.
2. We shall soon be introducing a dedicated app called "Rail Messenger" for both Android and iOS, for all blogging/messaging purposes. The app...
The following changes are being made:
1. To restore the fun back to PNR Predictions, PNR Predictions will NOT be hidden anymore. PNR Predictions by members can be seen by ALL, before and after Charting. New members often look towards our expert predictors for hints, and we are reinstanting that.
2. To better...
While we do nominally allow multiple IDs, these multiple IDs are NOT allowed to engage in misuse and "mischief". Voting multiple times in the same poll using multiple IDs, rating each other IDs' blogs using multiple IDs, etc. are classified as "gross misuse".
This is an advance notice that some of the...
IRI is a PUBLIC information website, like Wikipedia. The voluntarily posted Blogs, Train/Station Tips, Train/Station Pics, Polls, Train TTs, PNRs, etc. comprise the permanent publicly viewable and searchable repository of IRI. A PUBLIC info website is unlike WhatsApp, FaceBook, Instagram, etc. where people post personal pics and other stuff, which CAN...
This is a clarification to all members regarding our Forum Guidelines and the FM Group. SWs are issued for very clear cases of abuse and misbehaviour by a member.
At this time, we have had many members against whom SW is issued claim that:
"I am a long-time member of IRI, and have...
With the introduction of the pre-moderation scheme for new IDs described here Blog Entry# 3443990-1 and Entry# 3441062 , following is a summary of Forum Guidelines in effect:
1. Blog Posts by new IDs appear in public ONLY AFTER scrutiny and approval by FMs. A member may create as many Fake IDs as...
Important Note:This website NEVER solicits for Money or Donations. Please beware of anyone requesting/demanding money on behalf of IRI. Thanks. Disclaimer: This website has NO affiliation with the Government-run site of Indian Railways. This site does NOT claim 100% accuracy of fast-changing Rail Information. YOU are responsible for independently confirming the validity of information through other sources.