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Ultratech receives a show-cause notices from CCI over its proposed acquisition of India Cements; the company is confident in the merits of its case and will take necessary steps to address any concerns raised.

Ultratech Cement has received a notice from the Competition Commission of India (CCI) regarding its proposed acquisition of India Cements. The notice was issued under Section 30(2) of the Competition Act, 2002, which requires the CCI to conduct a detailed...