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CEMENT CARTELISATION
Where is the cartelisation?: SICMA President N Srinivasan questions builder lobbySrinivasan said there was a necessity for a body like SICMA owing to the vast growth that has taken place in the cement industry. He went o...- India Cements gets stay on CCI orderCCI in its order imposed a penalty of Rs 6,715 crore on 11 cement companies, including India Cements Ltd and Cement Manufacturers Associati...
- Realty Body’s NCR chapter to boycott Shree CementThe real estate industry body also plans to file a complaint with the Competition Commission of India as Shree Cement arbitrarily increases...
- Union Minister Nitin Gadkari alleges "cartelisation" by cement companies; may approach PM Modi'We want to reduce the cost of the project and if we want to do that then we have to reduce the cost of material used for the project.'
- Realty companies to move CCI against `cartelisation' by cement makersThe managing director of a leading cement manufacturer said more than half of the Indian cement industry is in losses and most have cut dow...
- SC asks CCI, BAI to respond to plea of Ultratech Cement LtdSC today asked CCI, Builders Association of India to respond to the plea of Ultratech Cement Ltd against an order of COMPAT asking 10 cemen...
- COMPAT to resume hearing on cement firms plea tomorrowCOMPAT would tomorrow resume its hearing over a batch of petitions filed by cement firms seeking stay on Rs 6,307 cr penalty imposed by CCI...
- COMPAT asks CCI to give full details of penalty order to cement companies for cartelisaionCOMPAT asked CCI to give fresh copies of its order levying over Rs 6,300 cr in penalties on 11 cement cos for cartelisation.
- CCI probing alleged cartelisation in real estate, pharma, telecom sectorsCCI keeps gathering information on issues related to cartelisation and if prima facie case is found, then it takes up the issue for further...
- Shanta Kumar, Parliament Standing Committee head hails CCI move of penalising cement companiesDubbing this move as historic, Kumar alleged that cement companies in the country had been fleecing the common man by charging exorbitant r...
- Cement stocks rebound after initial losses; end up over 4 pcCement stocks today ended 1-4 per cent up on bourses after erasing sharp losses of up to 4 per cent on media reports.
- CCI order on cartelisation by cement companies extremely harsh: Anil Singhvi, Ican Investment AdvisorsIf the penalties are there of the nature of 8% of the turnover, it is extremely harsh, said Anil Singhvi of Ican Investment Advisors.
- CCI finds 11 cement majors guilty of price cartelisationCCI is believed to have a slapped penalty of about Rs 3,000 crore on 11 big cement manufacturers, found guilty of being involved in price c...
- Cement stocks down on CCI cartel report talkShares of cement makers declined as speculation resurfaced that CCI ruling on alleged cartelisation by these companies could be announced s...
- CCI to come out with final report on cement cartel in 15 daysCCI today said it will take at least 15 days time to come out with its final report on alleged cartelisation by 39 cement companies.
- Cement cartelisation?Cartels harmful during economic slowdown , authority should be vigilant.
- Data on cement price movements point to regional ‘cartels’ at workWhile inflation touches new highs, a finger continues to wag accusingly at producers of basic inputs like cement and ste
- Cement companies sticking too close, says watchdogThe country’s fair trade watchdog on Thursday held 42 cement makers, including L&T Cement, Birla Cement, Grasim and ACC, guilty of cartelis...
- Govt to look into cement cartelisation as MRTPC gives verdictGovernment says it would look into cartelisation of cement industry in the wake of anti-monopoly watchdog MRTPC pronouncing 44 manufacturer...
- Cement cartelisation probe to be widenedThe Monopolies & Restrictive Trade Practices (MRTP) Commission has asked its investigation arm to broaden the scope of its probe into the s...
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