Eveready, Nippo fined â¹213 crore by Indian watchdog
India's anti-trust watchdog CCI has penalised Eveready, Indo National (owns Nippo) and Panasonic Energy India for colluding to fix prices of zinc-carbon dry cell batteries. Eveready has been ordered to pay â¹171.55 crore, while Nippo has been asked to pay â¹42.26 crore. However, Panasonic managed to avoid a fine as it gave crucial information which aided CCI in its probe.