Competition Commission of India's order on cement cartel likely within a week

The much-awaited order by the anti-monopoly regulator Competition Commission of India (CCI) on alleged cartelization by 39 cement companies may be announced in a week, said people privy to the matter.

Speculation over the extent of the fines that CCI would impose on cement companies has driven their shares of late. Investors are worried about the impact of fines on their profits, especially when share valuations are considered steep.