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CCI investigates Ultratech Cement and others for alleged collusion in ONGC tender bids.
The Competition Commission of India (CCI) has ordered Ultratech Cement and its subsidiary India Cements, along with two other cement manufacturers, to submit detailed financial records following an investigation into alleged cartelization in ONGC tenders.
The probe found evidence of anti-competitive collusion among the companies, facilitated by a middleman.
The CCI is taking action to protect consumer interests and promote fair competition in the market.
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CCI investiga a Ultratech Cement y otros por presunta colusión en las ofertas de licitación de ONGC.