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Competition Commission of India Imposes Rs.54.70 crore Penalty on Escorts Ltd

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New Delhi (ABC Live): Competition Commission of India (CCI) has imposed a penalty of Rs.62.31 crore on three engineering companies for violation of Competition Act concerning forming a Cartel with respect to a tender for an Indian Railway undertaking. A penalty of Rs. 1.91 crore has been imposed on M/s Stone India Ltd., Rs. 5.70 ...

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