ONGC plaint: CCI seeks docs from UltraTech – Times of India

NEW DELHI: Fair trade regulator CCI has directed Aditya Birla firm UltraTech, which now owns south-based cement firm India Cements, along with two other makers and their executives to submit financial documents, after its director general in its investigations found contravention of competition norms.The Competition Commission of India (CCI) has also directed Dalmia Bharat Cements and Shree Digvijay Cements to submit their audited financial statement, including balance sheet and profit and loss account, within eight weeks of the order.The CCI direction came over a complaint filed by ONGC alleging cartelisation in its tenders.




Source link

Check Also

NPS vs UPS: Should you go for Unified Pension Scheme or stay in New Pension System? Find out what works better for government employees – Times of India

NPS vs UPS: Should you go for Unified Pension Scheme or stay in New Pension System? Find out what works better for government employees – Times of India

UPS vs NPS: The answer depends on the age and risk profile of the individual. …

Leave a Reply

Your email address will not be published. Required fields are marked *