|Chennai||Rs. 27580.00 (0.18%)|
|Mumbai||Rs. 28700.00 (0%)|
|Delhi||Rs. 27700.00 (0.73%)|
|Kolkata||Rs. 28270.00 (0%)|
|Kerala||Rs. 27050.00 (0.74%)|
|Bangalore||Rs. 27350.00 (1.11%)|
|Hyderabad||Rs. 27660.00 (1.21%)|
? The European Commission formally launched an investigation to find out whether energy price cuts granted to industrial clients in Germany is a hidden form of state aid.
SHORT CIRCUIT: The EC said that large electricity consumers were exempt from paying around €300 million ($390 million) in network charges last year alone — an arrangement that may have put competitors in other member states at a disadvantage.
NOT SHOCKING: An Economy Ministry spokesman argued that the reduction is not state aid, because it is financed not by public money but by a fee for all energy users.