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STEEL CARTEL
Steel, cement industries in hands of few people, cartels a 'big problem' for the country: Nitin GadkariUnion Minister Nitin Gadkari highlights the dominance and cartel behavior of steel and cement industries in India, affecting infrastructure...
Realty developers stage protest to demand regulator for cement, steel sectorThe protest was aimed at the attention of the government authorities towards alleged cartelisation and unnatural price hike by cement and s...
Realtors allege cartelization by cement, steel companiesThe Confederation of Real Estate Developers' Association of India (Credai) has written to minister for housing & urban affairs Hardeep Sing...
Gadkari warns steel and cement firms not to form cartelsWith infrastructure sector is witnessing an upswing in activities, Gadkari said the emphasis of new technologies should be to reduce costs ...
Karnataka steel, iron-ore companies charge each other with cartelisationSteel producers and iron ore miners in Karnataka today traded charges of cartellisation against each other.
Steel players up in arms against alleged price fixing of iron ore in KarnatakaLarge steel players like JSW Steel, Mukand Steel, and BMM Ispat are up in arms against alleged pricing fixation of iron ore in Karnataka.
- Cement makers like Ambuja, Ultratech & others deny price cartel, may move to tribunal
Denying any involvement on price cartel, Ultratech Cement and India Cements today said it will challenge the CCI order imposing hefty penal...
- EU fines ArcelorMittal, 16 others for cartelisation
ArcelorMittal was imposed the largest individual fine -- over 230 million euro. In total it slapped a fine of over 458 million euros.
- Steel prices bottomed out, will stabilise: SAIL chief
Domestic steel prices have bottomed out and may stabilise in the next few months on account of demand pick-up.
- Cartel in steel sector needs to be probed: CCI
Alleging the government of distorting competition in the steel sector, a CCI-sponsored study has suggested the competition watchdog should ...
- Checking Cartels: CCI favours compliance code for staff
Think twice before you speak in business negotiations and meetings, or you may find yourself on the wrong side of the law.
- CCI offers leniency for breaking ranks to unearth steel cartel
The Competition Commission of India today offered leniency in penalty to a steel-maker who breaks the rank of alleged cartelisation in the ...
- CCI to meet steel producers next week
Within days of government charging the steel industry with cartel-like behaviour, the Competition Commission of India, the body responsible...
- FM raps steel, cement cos for cartelisation
P Chidambaram on Tuesday promised to take more measures to contain inflation even as he hit out at the steel and cement companies, saying t...
- Competition panel may take action against steel firms: Montek
The Planning Commission on Tuesday warned that the Competition Commission could take action against steel producers in case they do not low...
- Chidambaram hits at steel, cement cartels
The Finance Minister again targeted cement and steel producers warning that the govt was looking at legal measures to deal with them. World...
- No proof of steel cartel, says Prasada
The government on Thursday said there was ‘no evidence’ of cartelisation by the steel makers, a day after finance minister P Chidambaram wa...
- Govt vows to break steel, cement cartel to fight inflation
The government on Wednesday charged the cement and steel industries with forming cartel and vowed to break the logjam and take tough measur...
- Govt is ready to crack the whip on inflation: FM
Accusing cement & steel industry of entering into cartels, Chidamabaram warned of tough measures to check rising prices. World inflation in...
- Industrialists on warpath
Industrialists and exporters are on a warpath in protest against "skyrocketing: of steel prices.