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CCI raids cement giants UltraTech, ACC, Ambuja, Shree Cement: Report
short by Rishabh Bhatnagar / on Thursday, 10 December, 2020
India's antitrust body Competition Commission of India (CCI) has reportedly conducted raids at the offices of UltraTech Cement and ACC and Ambuja Cement, which are subsidiaries of the world's largest cement maker LafargeHolcim. Shree Cement has also been raided, as per reports. Commerce Minister Piyush Goyal had earlier said the CCI was examining complaints of cartelisation by cement companies.
read more at Reuters