AGL 41.65 Increased By ▲ 0.15 (0.36%)
AIRLINK 127.40 Decreased By ▼ -0.60 (-0.47%)
BOP 6.65 Increased By ▲ 0.39 (6.23%)
CNERGY 4.15 Increased By ▲ 0.02 (0.48%)
DCL 8.56 Increased By ▲ 0.12 (1.42%)
DFML 40.85 Increased By ▲ 0.16 (0.39%)
DGKC 87.50 Decreased By ▼ -0.40 (-0.46%)
FCCL 33.85 Decreased By ▼ -0.25 (-0.73%)
FFBL 65.70 Decreased By ▼ -0.63 (-0.95%)
FFL 10.50 Decreased By ▼ -0.06 (-0.57%)
HUBC 109.50 Increased By ▲ 0.80 (0.74%)
HUMNL 14.89 Increased By ▲ 0.43 (2.97%)
KEL 4.86 Increased By ▲ 0.21 (4.52%)
KOSM 7.65 Increased By ▲ 0.32 (4.37%)
MLCF 42.45 Decreased By ▼ -0.27 (-0.63%)
NBP 61.10 Increased By ▲ 0.26 (0.43%)
OGDC 182.77 Increased By ▲ 3.80 (2.12%)
PAEL 25.50 Decreased By ▼ -0.20 (-0.78%)
PIBTL 6.23 Increased By ▲ 0.17 (2.81%)
PPL 148.50 Increased By ▲ 2.35 (1.61%)
PRL 24.98 Increased By ▲ 0.07 (0.28%)
PTC 16.25 Increased By ▲ 0.11 (0.68%)
SEARL 69.65 Decreased By ▼ -0.55 (-0.78%)
TELE 7.35 Increased By ▲ 0.13 (1.8%)
TOMCL 36.45 Increased By ▲ 0.25 (0.69%)
TPLP 7.84 No Change ▼ 0.00 (0%)
TREET 15.48 Decreased By ▼ -0.11 (-0.71%)
TRG 52.40 Increased By ▲ 2.04 (4.05%)
UNITY 26.94 Increased By ▲ 0.04 (0.15%)
WTL 1.25 Increased By ▲ 0.01 (0.81%)
BR100 9,850 Increased By 55.8 (0.57%)
BR30 30,039 Increased By 391.9 (1.32%)
KSE100 92,448 Increased By 426.8 (0.46%)
KSE30 28,779 Increased By 114.3 (0.4%)

India's anti-trust regulator has fined Monsanto Co 15 million rupees ($233,000) for being too slow in replying to questions in a competition probe into the US seeds company. The Competition Commission of India (CCI) last year ordered an investigation into whether Monsanto had abused its dominant position as a supplier of genetically modified (GM) cotton seeds.
The CCI, which is yet to complete its investigation, fined Monsanto for delays in filing replies, according to official documents reviewed by Reuters. Monsanto responded to CCI's queries in August, but only after eight reminders issued between April 2016 and May this year, the watchdog's November order showed.
"The commission hopes and trusts that full cooperation shall now be provided," the CCI said in its order dated November 14. A Monsanto India spokesman said: "Monsanto continues to extensively cooperate with the CCI in the investigation and has been providing information in response to requests received."

Comments

Comments are closed.