Rashtriya Chemicals & Fertilizers Ltd News
CCI orders probe against RCF for unfair sale of products with urea in Maha
The Competition Commission of India has ordered a probe against state-run Rashtriya Chemicals and Fertilizers for allegedly compelling dealers and farmers to buy other products along with urea in Maharashtra. Acting on a complaint filed by an individual, the fair trade watchdog said the conduct of RCF appeared to contravene provisions of the Competition Act, including those relating to abuse of dominant position and anti-competitive agreements, according an order. The Competition Commission of India (CCI) has directed its investigation arm, the Director General, to probe the matter and submit a report within 60 days. It was clarified by CCI that the observations were preliminary and would not prejudice the outcome of the investigation. The complainant (individual) alleged that RCF, a 'Navratna' PSU and a leading fertiliser maker, was compelling dealers and farmers to buy non-subsidised products such as water-soluble fertilisers along with urea. The CCI noted that urea's maximum ret
 "CCI orders probe against RCF for unfair sale of products with urea in Maha")
Rallis, RCF, Deepak Fertilisers rally up to 9%; what's driving agri stocks?
Agri sector outlook: With a growing consumer base, the agri-inputs sector stands poised to benefit from a shift toward more efficient, sustainable practices.
 "Rallis, RCF, Deepak Fertilisers rally up to 9%; what's driving agri stocks?")
