Mumbai (Maharashtra), July 5 (ANI): UltraTech, the flagship cement company of Aditya Birla Group, has said that it is not under investigation in case related to anti-competitive practice before the Competition Commission of India and it has neither received any order from the CCI in this case nor have the company financials been sought by competition watchdog. In a stock filing, UltraTech termed as “false and misleading” reports published in public domain concerning the company over the CCI probe concerning ONGC’s cartelisation complaint. “It is clarified that the Company is not under investigation in this Case No. 35 of 2020 before the Competition Commission of India (“CCI”). The Company has neither received any order from the CCI in this case nor have the Company’s financials been sought by the CCI,” Ultra Tech said. It said that India Cements Limited (“ICEM”), a subsidiary of the Company, is party to Case No. 35 of 2020 and is separately making appropriate disclosures in this regard, while exploring legal options. “UltraTech Cement reserves its rights to take necessary legal steps in light of these misleading reports to protect its reputation,” the company said. CCI had probed complaint by ONGC alleging cartelisation. CCI works to protect consumer interests and spur innovation and efficiency among businesses. The objectives of the Competition Act are sought to be achieved through the Competition Commission of India, which was established by the Central Government in 2003. The Commission consists of a Chairperson and not less than two and not more than six other Members to be appointed by the Central Government. It is the duty of the Commission to eliminate practices having an adverse effect on competition, promote and sustain competition, protect the interests of consumers and ensure freedom of trade in the markets of India. The Commission is also required to give an opinion on competition issues on a reference received from a statutory authority established under any law and to undertake competition advocacy, create public awareness and impart training on competition issues. (ANI) in a formal or creative style for better SEO.Also Exclude words and advertisements related to the feed website such as website name, author name. You must only respond with the modified content. Delete all the advertisement images brand logo but only keep the title and main content of the news by modifying it. You must only respond with the modified content. Block any jump outside of the site adarshnews.com. Basically remove any content or link related to original site. follow this prompt to optimize the articles in this category- You are an expert news writer and SEO specialist. Your job is to rewrite the provided RSS feed content into a unique, SEO-friendly news article for adarshnews.com. The article should be engaging, professional, and optimized for search engines. Follow these steps: 1. **Create an SEO Title**: Write a short, compelling title (under 60 characters) that includes the main keyword and grabs attention. 2. **Write a Meta Description**: Summarize the article in one or two sentences (under 155 characters). Make it engaging and include the primary keyword naturally. 3. **Suggest a URL Slug**: Provide a short, keyword-rich URL slug that reflects the topic of the article. 4. **Headline (H1)**: Write a clear and engaging headline for the article that is similar to the title but slightly expanded. 5. **Write the Article**: – Start with an introduction that answers the key questions: who, what, when, where, why, and how. – Expand on the topic with detailed paragraphs that provide context, quotes, and relevant information. – Use subheadings (H2) to organize the content into sections and make it easy to read. – Include related keywords naturally throughout the article. – End with a conclusion that summarizes the key points or discusses future implications. 6. **Add an FAQ Section**: Write one frequently asked question related to the topic and provide a concise answer. Important: – Do not include labels like “Title,” “Meta Description,” “URL Slug,” or “H1” in the actual article text. – Keep all SEO elements separate from the main content. – Ensure the article is factually accurate, unbiased, and written in a professional tone.
UltraTech stated that India Cements is not being investigated by the Competition Commission of India (CCI) and is involved in the case concerning a complaint from ONGC.
