We Mean Business: Is penalty charged to cement firms by CCI too hefty?
The Competition Commission of India (CCI) has fined 11 Indian cement companies a total of more than Rs 6,000 crore, for cartelisation in a case dating back to 2007-2008. On We Mean Business, NDTV's Shivani Muthanna, Vinod Juneja, Managing Director, Braj Binani Group, Jagannadham Thunuguntla, Head of Research, SMC Global Securities and Balbir Singh, Partner, DSK Legal, discuss whether the penalty charged to these companies is too hefty?
