UltraTech Cement - February 2017

It is a busy time for UltraTech Cement. Not only should its deal to buy the assets of Jaiprakash Associates conclude soon, adding over 20Mta of cement production capacity and boosting its market share from 18 to 22 per cent, the company is also deciding whether to contest the fine imposed by the Competition Commission of India (CCI) in January for alleged bid rigging.

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