SC upholds NCLAT order setting aside CCI's Rs 301.6-cr penalty on Grasim Industries

The Supreme Court on Friday upheld an NCLAT order setting aside a Rs 301.6-crore penalty on Grasim Industries. The CCI had imposed this fine for alleged market dominance. Now, the regulator must hear the Aditya Birla Group firm again because it did not give the company a fair chance earlier.