22nd May, 2013
Competition Appellate Tribunal (COMPAT) has granted stay on penalty imposed on various cement manufacturers, subject to depositing 10% of the penalty within one month of its order. Earlier, the Competition Commission of India (CCI) had in its order dated 20-6-2012 imposed penalties adding up to around Rs. 6000 crore on various cement manufacturers on grounds of cartelisation in...
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