Friday, 20 January 2017

Competition Appellate Tribunal Ruling in the Auto Parts Case | India Corp Law

[The following guest post is contributed by Harsh Loonker, who is a final year student at the Jindal Global Law School]

The Competition Appellate Tribunal (“Compat”), by way of its order dated December 9, 2016, upheld the order by the Competition Commission of India (“CCI” or the “Commission”) dated August 25, 2014, with minor modifications to the order and a substantial reduction in the penalties levied. Acknowledging that the competition law regime in India and the automotive industry are going through a transitionary process, the Compat reduced the penalty imposed on the appellants, who are car manufacturers.

The CCI had penalised a total of 14 car manufacturers with presence in India, with a blanket 2% penalty on total turnover of their business. This 2% penalty would include their individual turnover from their car sales as well as their spare parts and after-market sales. This was so because the car manufacturers or the original equipment manufacturers (“OEMs”) were considered to be causing anti-competitive effects in the spare parts and after sales and service markets through restrictive agreements. The Informant had filled the information against Honda Siel Cars Ltd., Volkswagen India Pvt. Ltd. and Fiat India Automobiles Pvt. Ltd, none of which were party to this appeal. The Commission, in order to expand its investigation, conducted an inquiry on other OEMs in India and included them in the final order by the Commission. Three aggrieved OEMs, namely Toyota Kirloskar Motor Pvt. Ltd., Ford India Pvt. Ltd. and Nissan Motor India Pvt. Ltd. (“Appellants”), had availed an appeal through statutory appellate process provided in the Competition Act, 2002 (“Act”), while other OEMs had approached various high courts under writ jurisdiction.

Indian Corp Law a blog containing a periodic review of topics of interest in corporate and commercial law that impact India. Founded in 2007 by Jayant ThakurJayant is a Chartered Accountant and is currently resident of Mumbai. interested in learning and sharing about the complex web of laws and regulations that affect corporate, securities and related transactions. Specifically Securities Laws, Corporate Laws, Foreign Exchange laws, Accounting, Tax.

Learning to Look Beyond A Smile | Just The Way i Like

Last week, I came across an interesting post on my Facebook timeline:

"For all my friends and my relatives. Everyone will go through some hard times at some point. Life isn't easy. Did you know the people that are the strongest are usually the most sensitive? Did you know the people who exhibit the most kindness are the first to get mistreated? Did you know the ones who take care of others all the time are usually the ones who need it the most? Did you know the three hardest things to say are I love you, I'm sorry and help me? Sometimes, just because a person looks happy, you have to look past their smile to sees how much pain they may be in. To all my friends who are going through some issues right now --let's start an intentional avalanche. We all need positive intentions right now. May I ask my friends to kindly copy and paste this status for one hour to give a moment of support to all those who have family problems, health struggles, job issues, worries of any kind and just needs to know that someone cares."

(This is an edited version of the original post)

It is pretty common to hear that you're unusually quiet colleague is a wonderful entertainer outside work, and that person who has a wonderful network of friends and is extremely outgoing, isn't the same when confined to the walls of her house. There are some people who are the same irrespective of the environment they are in, while there are others who choose how they want to be (or how they want others to seem them), depending on the environment they are in. Fair enough, I'd say. To each, his/her own.

But what shook me up recently was how I got to know what really happened in the lives of someone I thought I knew and how I failed to look beyond their smiles.

There is this guy G and his wife W. I was friends with both G and W even before they were married, so I knew them quite well. G is this perfect example of how a guy should be. The way he moves well with everyone, the way he always has a few words of comfort to anyone in distress, the way he always has a positive outlook and so on. W was a wonderful person, always smiling and someone with a wonderful attitude. Some of us used to wonder how a perfect match G and W were, considering the way they complemented each other. A few months ago I happened to speak to another friend who also knew W. She told me that W was under depression and was under medication. I was perplexed wondering what problem We could possibly have that led to depression. When my friend told me all that was worrying W, I was shocked. I couldn’t find the words to speak for a while.

Ashwini C N are a Software Engineer by choice and Blogger by passion. Amateur photographer, Enthusiastic speaker, Attentive listener. Since 2006, he has been blogging.

Wednesday, 18 January 2017

Mirror, mirror on the wall | Youth Curry

There are some mornings when I wake up feeling like shit. I know there is only one option before me - which is to ‘snap out of it’.
A psychologist once administered a lengthy test
to me, which included staring at inkblots, and pronounced - you have a 'depressive personality'. Meaning I am not, by birth, a shiny happy sunny person. But that doesn’t mean I cannot be happy. It just means I have to consciously work for it.
After experimenting with numerous forms of healing and self-development I have come to one simple conclusion: my state of mind must be in my control. No matter what the circumstances, what the trigger, what the ‘other person said’.
We go to university and get degrees in different subjects but the one area that remains a mystery to most of us - often till the very end - is the human mind. Baar baar bure khayal aate hain… what can I do? As if thoughts are magical beings which dance around in our heads without our consent.
Well, the best way to explain this is that the human mind is like a computer system and thoughts are the software. Many of us have installed faulty software (thoughts which do not serve us well) and hence the system is malfunctioning.
The installation often happened when we were children. We watched our parents and teachers and learnt to be criticise ourselves. We felt alone and unwanted on the playground. We felt ashamed of ourselves. Unworthy of love.
It is amazing how almost every problem in the world can be traced back to the need to be loved and yet feeling - ‘I am not unlovable’. Whitney Houston performed an amazing song called ‘The Greatest Love of All’.
The greatest love of all.. is happening to me.
…learning to love myself.. it is the greatest love of all.
Sadly the singer herself died 25 years in a bathtub after an overdose of cocaine… Obviously struggling with issues of self-acceptance and self-love.
Our modern society, and in particular advertising, is based on the idea that you need to ‘have something’ or ‘do something’ or ‘be a certain kind of someone’ to feel worthy and feel good.

Rashmi Bansal are Author, Entrepreneur and Motivational Speaker. Published four best sellers: 'Stay Hungry Stay Foolish', 'Connect the Dots', 'I Have a Dream' and 'Poor Little Rich Slum'. Co-founder of cult youth magazine JAM ( Always looking for inspirational stories and sharing of thoughts & ideas. You can Follow Rashmi Bansal on Facebook

Friday, 13 January 2017

Lakshmi Sharath | A holiday in Udaipur after 14 years

As a travel blogger and writer, I hardly go on a holiday, especially with my husband. Every trip invariably becomes work as I always end up looking for stories. But, this time I decided I needed a break. I was in Rajasthan on a road trip and I had a few days in between two assignments. So I called up my husband and asked him to join me for a holiday in Udaipur.
It had been 14 years since we had been to the City of Lakes. Nostalgia was in the air. It was the first trip we had made as a couple. All I wanted to do was to go on long walks, sit and watch the sunset together and wine and dine at roof top restaurants and remember the good old times.  And we did exactly that.
It was our first “ do nothing “ holiday in many years. We had no agenda, no things to do or see, no stories to explore, no early morning flights to catch. We had just one thing in mind – to go back in time 14 years ago and explore Udaipur the way we did then.
As I pen this post for #ErtigaHolidayDiaries, reliving nostalgic memories, I realized that we forget the very essence of holidaying. And I promised myself that we will have more holidays together this year. So here are some vignettes of my holiday in Udaipur in the form of a photo feature.

<< Click Here for Read Full Stroy  >>

Lakshmi is active since 2005 in the blog world. She is a media professional, a traveller, travel writer , blogger and photographer.