On June 2012, the Competition Commission of India (CCI) had imposed a penalty on 11 cement companies for alleged cartelisation during May 2009-March 2011. However, the penalty imposed by CCI was referred back by the Competition Appellate Tribunal (COMPACT) on December 2015. On August 31, 2016, CCI reiterated the observation made in its previous order and re-imposed the penalty of | 6700 crore on 11 cement companies. The penalty imposed is 0.5x of net profit earned in FY10 and FY11. The companies, which would face the penalty are ACC, Ambuja...