Competition Commission of India fines Grasim Industries US$40.6m

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India: The Competition Commission of India (CCI) has fined Aditya Birla flagship company Grasim Industries US40.6m for anti-competitive practices, specifically for failing to disclose its discount policy as instructed by the CCI. Accord Fintech News has reported that cement accounts for almost 50% of Grasim Industries’ profit.

Last modified on 18 March 2020

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URL: https://www.globalcement.com/news/item/10596-competition-commission-of-india-fines-grasim-industries-us-40-6m

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