India: Supreme Court to hear Cement manufacturers’ pleas

By CPI | October 7, 2018

The Supreme Court on Friday asked eight cement manufacturing companies to deposit 10% of the penalty amount imposed on them by the Competition Commission of India (CCI) allegedly for resorting to cartel activities for manipulating the cement prices.

A brief order passed on Friday said: “Appeals admitted. The interim orders that have been passed by the Tribunal in these cases will continue in the meantime.”