The primary objective is to quantify and trace historic and cumulative emissions of carbon dioxide and methane to the largest extant fossil fuel and cement producers.

Over the last couple of weeks, several tanker operators have dumped lorry-loads of a ready mix of cement waste on the banks of the river in Thiruneermalai, and this has found it way into the water. After a few days, the dumped waste solidifies and becomes permanent blocks, affecting the river’s course, residents said.

The Competition Appellate Tribunal (Compat) has directed cement companies to pay 10 per cent of the penalty of Rs 6,307 crore imposed on them by the Competition Commission of India (CCI) for cartel

The Virbhadra Singh-led Congress government, in a late evening cabinet decision on Wednesday, decided to grant licence to Reliance Industries for setting up a cement plant in the Chopal tehsil of a

Farmers of Bihaband and Danatoli villages of Rajgangpur block in Sundargarh district are a worried lot despite bumper crop.

SAMBALPUR: Villagers of Khaliapali are up in arms against the ACC Cement Ltd for its alleged faulty fly ash management.

SHREECEMENT-ANTITRUST-FINE:Shree Cement fined $72 mln by anti-trust regulator

Shree Cement Ltd has been fined $72 million by the Competition Commission of India (CCI), the anti-trust regulator said in a statement, making it the twelfth cement company to be fined in a crackdown on cartelisation in the industry. Eleven cement makers were fined a combined $1.1 billion by the CCI in June for collusion and price fixing, in the biggest penalty ever imposed by the increasingly assertive regulator.

They were found to be reducing supplies and increasing prices

In a ‘body blow’ to the industry, which is fighting a demand slide, the Competition Commission of India (CCI) has slapped a hefty penalty of over Rs.6,300 crore on 11 cement producers, who were found violating the provisions of the Competition Act, 2002. The Act deals with anti-competitive agreements, including cartels.

Ultratech, Ambuja, India Cement, Lafarge among those fined for cartelization

Competition watchdog CCI has levieed penalty of nearly Rs 6,300 cr on 11 cement companies involved in price cartel. The companies include Binani Cement, Lafarge, Grasim, ACC, Ambuja, JK Cement, Madras Cement, India Cement, Jaypee and Ultratech. The companies have been fined 50% of their profit for the fiscal years ending in 2010 and 2011 and must pay the penalty within 90 days.

The top four cement makers — ACC, Ambuja Cement, UltraTech Cement and Shree Cement — may have to shell out Rs 2,198 crore, if the Competition Commission of India (CCI) charges a penalty of eight pe