Tyre makers look for relief as CCI recalculates Rs 1,788-crore cartel fines

CCI recalculates Rs 1,788-crore cartel fines on India's largest tyre manufacturers after NCLAT found flaws in the penalty calculation methodology.

The regulator begins final round of hearings, which could substantially reduce the fines imposed.

Tyre makers look for relief as the recalculation process offers a potential reduction in penalties.