102.05 (0.70%) Maruti Suzuki India (MSIL) is examining and will ''take appropriate actions under law'' with regards to an order by the CCI that imposed Rs 200 crore penalty on it for indulging in anti-competitive conduct and restricting discounts by its dealers.
The Competition Commission of India (CCI) in a statement stated that it found that ''MSIL had an agreement with its dealers whereby the dealers were restrained from offering discounts to the customers beyond those prescribed by MSIL''.
Maruti Suzuki India (formerly known as Maruti Udyog) is an automobile manufacturer in India. It provides passenger cars, utility vehicles and vans. The firm also offers pre-owned car sales, fleet management and car financing services.