Sify News
www
Get Quote
NAVs
News
Follow us on
 
SENSEX
 
 
STOCKS LAST SEARCHED
   
IMAGEGALLERY
   
GOLD RATE
Rs. 28215.00
(10 gm)
Glitter Estimator
   
Get Company Quotes
Hot search: SBI, RIL, L&T, Infosys, ICICI Bank
Quote in alphabetical order:
A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z
 
 
Fight against steel, cement 'cartel'
More Specials
Akshaya Tritiya 2008
Ranbaxy's 'Operation Orchid'
Taming the inflation dragon
The big fight for Yahoo!
Price rise shock
Microsoft logs in for Yahoo!
 
Consumers are the feeling the heat of rising steel and cement prices. Cartelisation is blamed for the steep hike in the prices of cement and steel. The issue had its echo in Parliament, with senior ministers warning the manufacturers not to resort to unfair trade practices. The Union Finance Minister Chidambaram has said cement producers are acting like a cartel.
.............................................................................................................................................................
Steel prices slashed Steel prices slashed
Bowing to government's pressure, steel companies have reduced the prices of all primary products with immediate effect.
.............................................................................................................................................................
Realty players cry foul Realty players cry foul
Accusing the cement and steel companies of 'cartelisation', real estate players said construction costs have gone up by Rs 225 per sq ft.
.............................................................................................................................................................
Ministry divided Ministers differ
Measures to rein in steel prices have not taken place due to sharp differences between ministers and bureaucrats.
.............................................................................................................................................................
'No sign of cartelisation'
One to the rescue of steel players! Market forces determine the steel prices and not cartelisation, says the Union Minister of State for Steel, Jitin Prasada.