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New Delhi: The Competition Commission of India (CCI) has directed Aditya Birla Group company UltraTech, owner of southern India-based India Cements, along with Dalmia Cement (Bharat) Limited (DCBL) and Shree Digvijay Cement and their executives to submit audited financial statements, including balance sheet and profit and loss account, within eight weeks of the order. The competition watchdog's direction came over a complaint filed by ONGC alleging cartelisation in its tenders. Following the co ...Read More >
New Delhi, July 5: The country's leading cement maker UltraTec, on Saturday said it is not under investigation by the fair trade regulator CCI over alleged contravention of competition norms in tenders floated by state-run oil major ONGC. "It is clarified that the Company is not under investigation in this Case No. 35 of 2020 before the Competition Commission of India ("CCI"). The company has neither received any order from the CCI in this case nor have the company's financials been sought by th ...Read More >
Cuttack, Jul 4 (PTI) Enforcement Directorate's Deputy Director Chintan Raghuvanshi, who was arrested by the CBI while allegedly accepting a bribe from a businessman in Bhubaneswar, was released on interim bail from the Jharpada jail on Friday evening. The Orissa High Court granted him interim bail on Wednesday for 10 days on the ground that the young officer became a father on June 28 and he wanted to see his newborn baby and attend some rituals. Also Read | PM Narendra Modi Conferred With 'Th ...Read More >
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