India's anti-trust regulator fines Monsanto Co of 15 million rupees

Monsanto Co has been fined by India's anti-trust regulator a woping amount of 15 million rupees ($233,000) for being too slow in replying to questions in a competition probe into the U.S. 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.

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 Nov. 14.