Competition Appellate Tribunal Halts Lafarge India Sale

Mumbai: The Competition Appellate Tribunal (CAT) has halted the sale of Lafarge India after an appeal by a rival, delaying the merger of Lafarge and Holcim's Indian operations. The tribual stayed a February order by antitrust watchdog Competition Commission of India (CCI) allowing the sale of Lafarge India until the next hearing on May 9, according to an order posted on the tribunal's website. The CCI's order was challenged by Dalm...