CCI imposes penalty of Rs 12.35 cr on Bajaj Hindusthan Sugar

Bajaj Hindusthan Sugar announced that Competition Commission of India (CCI) has vide its order dated 18 September 2018, has passed an Order inter-alia, against various sugar companies including Bajaj Hindusthan Sugar for alleged contravention of provisions of The Competition Act, 2002 in respect of joint tender floated by Oil Marketing Companies (OMCs) for supply of Ethanol and imposed penalty of Rs. 12.35 crore on the Company.

Powered by Capital Market - Live News