Cci Order

A two-member NCLAT bench headed by Chairperson Justice Ashok Bhushan on Friday said it will start day-to-day hearing of the matter from February 23, the next date of hearing.

Where is the cement industry headed from here?

Having battled a sluggish demand scenario in the first half of the year, the cement sector can pin hopes of revival on the back of scheduled elections across states in the coming year.

CCI cautions against cartelisation, warns of severe penalty

The Competition Commission of India (CCI) has pulled up 11 cement companies for forming a cartel and has penalized them with a fine of around Rs 6,000 crore. The commission has asked the companies to pay up 50% of their FY10 profits as penalty.

Exit cement; bet on Sesa Goa, RComm & Arvind: Tulsian

SP Tulsian of sptulsian.com explains to CNBC-TV18 that though the penalties in the expected CCI order regarding cartelisation in the cement sector might be light, it may have an adverse impact on the entire sector especially in the case of Ambuja Cement, Ultratech, and ACC.

Compat to hear NSE plea against CCI order tomorrow

The Competition Appellate Tribunal (Compat) will hear tomorrow NSE's petition against a CCI order, wherein the stock exchange was held guilty of abusing market dominance and asked to pay a fine of Rs 55.5 crore.