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.