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VERIFIEDET Stocks·neutral

CCI moves SC against NCLAT order quashing penalty on Grasim

AI Summary
  • ·The CCI has appealed to the Supreme Court against an NCLAT order that quashed a ₹300-crore penalty on Grasim Industries.
  • ·The penalty was imposed for alleged monopolistic behavior in the viscose staple fibre market.
  • ·The CCI seeks to restore its original decision against Grasim.
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