Government mulls action against cement companies for cartelisation: Report
The Competition Commission of India had imposed a fine on 10 cement companies and a trade body for price fixing in 2016. ACC Ltd, Ambuja Cements Ltd, Ultratech Cement Ltd and Jaiprakash Associates Ltd were among those which were fined.
"Government is mulling action against cement cos for cartelisation," ET Now quoted the Minister Of Road Transport And Highways Nitin Gadkari as saying. Image source: Reuters