Oil and Natural Gas Corporation queried the bids and got a wry reply from an executive at India Cements. ADVERTISEMENTSuspicious, ONGC quietly lodged an antitrust case against three Indian cement companies. India Cements was part of the cartel for 2017-18. 1 player UltraTech in 2024, did not respond, and neither did Shree Digvijay, ONGC or the CCI. Dalmia; and former managing director of India Cements, N. Srinivasan, who is also one of India's high-profile business figures.

Source: The Telegraph March 09, 2026 19:33 UTC