Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 151
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 97
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

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        LATEST NEWS UPDATES | CCI slaps Rs 6700 crore fine on 10 cement companies    </title>
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-The Times of India

NEW DELHI: The Competition Commission of India (CCI) on Wednesday imposed penalty of over Rs 6,700 crore on 10 cement companies including ACC, Lafarge, Ultratech, Jayprakash Associates, Binani and their trade association the Cement Manufacturers Association (CMA)..."/>
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-The Times of India

NEW DELHI: The Competition Commission of India (CCI) on Wednesday imposed penalty of over Rs 6,700 crore on 10 cement companies including ACC, Lafarge, Ultratech, Jayprakash Associates, Binani and their trade association the Cement Manufacturers Association (CMA)..." />
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                            <div align="justify">-The Times of India<br /><br /><em>NEW DELHI: </em>The Competition Commission of India (CCI) on Wednesday imposed penalty of over Rs 6,700 crore on 10 cement companies including ACC, Lafarge, Ultratech, Jayprakash Associates, Binani and their trade association the Cement Manufacturers Association (CMA) on charges of cartelisation in the sector.<br /><br />The information in the case was filed by the Builders Association of India against the cement firms and the CMA, alleging that they flouted the provisions of the Act. &quot;While holding the cement companies and CMA in contravention of the Act, it was noted by CCI that the cement companies used the platform provided by CMA and shared details relating to prices, capacity utilisation, production and dispatch and thereby restricted production and supplies in the market,&quot; according to a finance ministry statement.<br /><br />The CCI also found the cement companies to be acting in concert in fixing prices. &quot;While imposing penalties, the Commission noted the action of the cement companies and CMA as being not only detrimental to the interests of consumers but also as detrimental to the whole economy, as cement is a critical input in construction and infrastructure industry &mdash; and thus vital for the economic development of the country.<br /><br />It imposed penalties of Rs 1147.5 crore (ACC), Rs 1163.9 crore (ACL), Rs 167.3 crore (Binani), Rs. 274 crore (Century), Rs 187.5 crore (India Cements), Rs 128.5 crore (J K Cements), Rs. 490 crore (Lafarge), Rs. 258.6 crore (Ramco), Rs 1175.5 crore (UltraTech) and Rs 1323.6 crore (Jaiprakash Associates) have been imposed by CCI.<br /><br />In addition, a penalty of Rs 73 lakh was imposed on CMA. In a separate order, the fair play regulator also imposed a penalty of Rs 397.5 crore on Shree Cement.<br /><br />Please <a href="http://timesofindia.indiatimes.com/business/india-business/CCI-slaps-Rs-6700-crore-fine-on-10-cement-companies/articleshow/53954140.cms" title="http://timesofindia.indiatimes.com/business/india-business/CCI-slaps-Rs-6700-crore-fine-on-10-cement-companies/articleshow/53954140.cms">click here</a> to read more. <br /></div>                                                           
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NEW DELHI: The Competition Commission of India (CCI) on Wednesday imposed penalty of over Rs 6,700 crore on 10 cement companies including ACC, Lafarge, Ultratech, Jayprakash Associates, Binani and their trade association the Cement Manufacturers Association (CMA)..."/>
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    <h1 class="cat-box-title">CCI slaps Rs 6700 crore fine on 10 cement companies</h1>
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                            <div align="justify">-The Times of India<br /><br /><em>NEW DELHI: </em>The Competition Commission of India (CCI) on Wednesday imposed penalty of over Rs 6,700 crore on 10 cement companies including ACC, Lafarge, Ultratech, Jayprakash Associates, Binani and their trade association the Cement Manufacturers Association (CMA) on charges of cartelisation in the sector.<br /><br />The information in the case was filed by the Builders Association of India against the cement firms and the CMA, alleging that they flouted the provisions of the Act. &quot;While holding the cement companies and CMA in contravention of the Act, it was noted by CCI that the cement companies used the platform provided by CMA and shared details relating to prices, capacity utilisation, production and dispatch and thereby restricted production and supplies in the market,&quot; according to a finance ministry statement.<br /><br />The CCI also found the cement companies to be acting in concert in fixing prices. &quot;While imposing penalties, the Commission noted the action of the cement companies and CMA as being not only detrimental to the interests of consumers but also as detrimental to the whole economy, as cement is a critical input in construction and infrastructure industry &mdash; and thus vital for the economic development of the country.<br /><br />It imposed penalties of Rs 1147.5 crore (ACC), Rs 1163.9 crore (ACL), Rs 167.3 crore (Binani), Rs. 274 crore (Century), Rs 187.5 crore (India Cements), Rs 128.5 crore (J K Cements), Rs. 490 crore (Lafarge), Rs. 258.6 crore (Ramco), Rs 1175.5 crore (UltraTech) and Rs 1323.6 crore (Jaiprakash Associates) have been imposed by CCI.<br /><br />In addition, a penalty of Rs 73 lakh was imposed on CMA. In a separate order, the fair play regulator also imposed a penalty of Rs 397.5 crore on Shree Cement.<br /><br />Please <a href="http://timesofindia.indiatimes.com/business/india-business/CCI-slaps-Rs-6700-crore-fine-on-10-cement-companies/articleshow/53954140.cms" title="http://timesofindia.indiatimes.com/business/india-business/CCI-slaps-Rs-6700-crore-fine-on-10-cement-companies/articleshow/53954140.cms">click here</a> to read more. <br /></div>                                                           
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-The Times of India

NEW DELHI: The Competition Commission of India (CCI) on Wednesday imposed penalty of over Rs 6,700 crore on 10 cement companies including ACC, Lafarge, Ultratech, Jayprakash Associates, Binani and their trade association the Cement Manufacturers Association (CMA)..."/>
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NEW DELHI: The Competition Commission of India (CCI) on Wednesday imposed penalty of over Rs 6,700 crore on 10 cement companies including ACC, Lafarge, Ultratech, Jayprakash Associates, Binani and their trade association the Cement Manufacturers Association (CMA)..." />
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    <h1 class="cat-box-title">CCI slaps Rs 6700 crore fine on 10 cement companies</h1>
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                            <div align="justify">-The Times of India<br /><br /><em>NEW DELHI: </em>The Competition Commission of India (CCI) on Wednesday imposed penalty of over Rs 6,700 crore on 10 cement companies including ACC, Lafarge, Ultratech, Jayprakash Associates, Binani and their trade association the Cement Manufacturers Association (CMA) on charges of cartelisation in the sector.<br /><br />The information in the case was filed by the Builders Association of India against the cement firms and the CMA, alleging that they flouted the provisions of the Act. &quot;While holding the cement companies and CMA in contravention of the Act, it was noted by CCI that the cement companies used the platform provided by CMA and shared details relating to prices, capacity utilisation, production and dispatch and thereby restricted production and supplies in the market,&quot; according to a finance ministry statement.<br /><br />The CCI also found the cement companies to be acting in concert in fixing prices. &quot;While imposing penalties, the Commission noted the action of the cement companies and CMA as being not only detrimental to the interests of consumers but also as detrimental to the whole economy, as cement is a critical input in construction and infrastructure industry &mdash; and thus vital for the economic development of the country.<br /><br />It imposed penalties of Rs 1147.5 crore (ACC), Rs 1163.9 crore (ACL), Rs 167.3 crore (Binani), Rs. 274 crore (Century), Rs 187.5 crore (India Cements), Rs 128.5 crore (J K Cements), Rs. 490 crore (Lafarge), Rs. 258.6 crore (Ramco), Rs 1175.5 crore (UltraTech) and Rs 1323.6 crore (Jaiprakash Associates) have been imposed by CCI.<br /><br />In addition, a penalty of Rs 73 lakh was imposed on CMA. In a separate order, the fair play regulator also imposed a penalty of Rs 397.5 crore on Shree Cement.<br /><br />Please <a href="http://timesofindia.indiatimes.com/business/india-business/CCI-slaps-Rs-6700-crore-fine-on-10-cement-companies/articleshow/53954140.cms" title="http://timesofindia.indiatimes.com/business/india-business/CCI-slaps-Rs-6700-crore-fine-on-10-cement-companies/articleshow/53954140.cms">click here</a> to read more. <br /></div>                                                           
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Home हिन्दी

CCI slaps Rs 6700 crore fine on 10 cement companies

Published on Sep 1, 2016   Modified on Sep 1, 2016

-The Times of India NEW DELHI: The Competition Commission of India (CCI) on Wednesday imposed penalty of over Rs 6,700 crore on 10 cement companies including ACC, Lafarge, Ultratech, Jayprakash Associates, Binani and their trade association the Cement Manufacturers Association (CMA) on charges of cartelisation in the sector. The information in the case was filed by the Builders Association of India against the cement firms and the CMA, alleging that they flouted the provisions of the Act. "While holding the cement companies and CMA in contravention of the Act, it was noted by CCI that the cement companies used the platform provided by CMA and shared details relating to prices, capacity utilisation, production and dispatch and thereby restricted production and supplies in the market," according to a finance ministry statement. The CCI also found the cement companies to be acting in concert in fixing prices. "While imposing penalties, the Commission noted the action of the cement companies and CMA as being not only detrimental to the interests of consumers but also as detrimental to the whole economy, as cement is a critical input in construction and infrastructure industry — and thus vital for the economic development of the country. It imposed penalties of Rs 1147.5 crore (ACC), Rs 1163.9 crore (ACL), Rs 167.3 crore (Binani), Rs. 274 crore (Century), Rs 187.5 crore (India Cements), Rs 128.5 crore (J K Cements), Rs. 490 crore (Lafarge), Rs. 258.6 crore (Ramco), Rs 1175.5 crore (UltraTech) and Rs 1323.6 crore (Jaiprakash Associates) have been imposed by CCI. In addition, a penalty of Rs 73 lakh was imposed on CMA. In a separate order, the fair play regulator also imposed a penalty of Rs 397.5 crore on Shree Cement. Please click here to read more.

The Times of India, 1 September, 2016, http://timesofindia.indiatimes.com/business/india-business/CCI-slaps-Rs-6700-crore-fine-on-10-cement-companies/articleshow/53954140.cms

Tagged with: Cement Competition Commission of India (CCI) Cement Manufacturers Association (CMA) Cartelisation

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