Cartel probe: CCI seeks 9 years of financial records from...

Cartel probe: CCI seeks 9 years of financial records from UltraTech, Dalmia Bharat, others; flags ONGC tender cartelisation

Posted

105

India's Competition Commission (CCI) is scrutinizing UltraTech Cement, Dalmia Bharat, and Shree Digvijay Cement for potential competition violations in ONGC tenders. Following a DG report, the CCI has directed the companies to submit detailed financial records, income tax data, and revenue details related to the alleged cartel activities. Failure to comply may result in penalties.

Read Full Article

Please log in to like, share and comment!