Search result for 'cci'

Dixon Technologies Acquires Stake in Aditya Infotech - CCI Approval

September 10, 2024 20:31

CCI approves Dixon Technologies' acquisition of a stake in Aditya Infotech, paving the way for expansion in the electronic security systems market. The deal involves a joint venture company and a...

Tata Motors Finance Merges with Tata Capital: CCI Approval

September 10, 2024 19:21

The Competition Commission of India (CCI) has cleared the merger of Tata Motors Finance Ltd into Tata Capital Ltd. The merger will see Tata Motors holding a 4.7% stake in the merged entity.

M&As: Govt Notifies Deal Threshold Under Competition Law

September 9, 2024 19:17

India's government has notified new regulations for mergers & acquisitions (M&As) under competition law, requiring companies to seek CCI approval for deals exceeding Rs 2,000 crore...

NIIF Gets CCI Approval for Ather Energy Stake

September 8, 2024 18:49

The Competition Commission of India has approved NIIF's proposal to acquire additional stake in Ather Energy. The deal was cleared under the green channel route, signifying no significant...

CCI Approves Canadian Pension Fund's Investment in Highway Infrastructure Trust

September 3, 2024 21:17

India's Competition Commission of India (CCI) has approved the Ontario Teachers' Pension Plan Board's acquisition of additional unitholding in Highway Infrastructure Trust and Citrine Inclusion's...

General Atlantic Acquires Actis Holdings: CCI Approves Deal

September 3, 2024 20:30

General Atlantic, a US-based private equity firm, has received approval from the Competition Commission of India (CCI) to acquire Actis Holdings, a sustainable infrastructure investor. The deal...

Viacom 18 & Star India Merger Approved by NCLT

August 30, 2024 18:52

The NCLT has approved the merger of Reliance Industries' Viacom 18 Media with Star India, creating India's largest media empire. The merger follows approval from the CCI and sets the stage for a...

Sebi Approves IIHL's Acquisition of Invesco PMS Business

August 30, 2024 17:19

Sebi has approved IndusInd International Holdings (IIHL)'s acquisition of Invesco AMC's portfolio management services business. The transaction is expected to be completed soon, pending one final...

Singapore Airlines Gets FDI Nod for Vistara-Air India Merger

August 30, 2024 07:26

Singapore Airlines has received approval from the Indian government for FDI as part of the proposed merger of Vistara with Air India, creating one of the world's largest airline groups.

Disney-Reliance Deal: New Era for India's Entertainment Industry

August 29, 2024 16:28

Reliance Chairman Mukesh Ambani announces a new era for India's entertainment industry with the Disney-Reliance deal, combining content creation and digital streaming.

Generation Investment Mgmt Acquires Stake in Continuum Green: CCI Approval

August 28, 2024 22:25

Generation Investment Management (GIM) has received CCI approval to acquire a stake in Continuum Green Energy, a renewable energy company. GIM, a sustainable investing firm founded by Al Gore, will...

RIL-Disney Media Merger Approved by CCI

August 28, 2024 16:30

Competition Commission of India approves merger of Reliance Industries''s media assets with Walt Disney Co, creating India''s largest media empire. The deal involves streaming services and TV...

CCI Proposes Recruitment Rule Changes for Efficiency

August 26, 2024 21:42

The Competition Commission of India (CCI) proposes amendments to recruitment rules, aiming to enhance efficiency and attract dynamic professionals. The changes include direct recruitment at...

CCI Flags Concerns Over Viacom18-Star India Merger

August 21, 2024 19:47

CCI has raised concerns over the proposed Viacom18-Star India merger, seeking detailed replies from the companies. The regulator may conduct public scrutiny if concerns are not addressed.

Sebi Launches New Cyber Security Framework for Regulated Entities

August 20, 2024 22:22

SEBI has introduced a new cybersecurity framework for regulated entities, mandating security monitoring mechanisms and a Cyber Capability Index (CCI). Learn more about the framework and its...

IndusInd to Acquire Invesco India Stake: CCI Approval

August 20, 2024 21:21

CCI approves IndusInd International Holdings' acquisition of majority stake in Invesco Asset Management and Invesco Trustee in India. The deal forms a joint venture with IndusInd holding a 60% stake.

CCI Approves Warburg Pincus's Rs 4,630 Crore Shriram Housing Finance Deal

August 20, 2024 20:47

The Competition Commission of India (CCI) has approved Warburg Pincus's acquisition of Shriram Housing Finance for Rs 4,630 crore. The deal will see Warburg Pincus acquire Shriram Finance's housing...

HP Enterprise Acquires Juniper Networks: CCI Approves Deal

August 14, 2024 19:59

The Competition Commission of India (CCI) has approved HP Enterprise's acquisition of Juniper Networks, a deal valued at approximately USD 14 billion. The acquisition will see HP Enterprise gain...

UltraTech to Reach 200 MTPA Capacity by FY27: Birla

August 14, 2024 19:58

UltraTech Cement aims to surpass 200 MTPA capacity by FY27 through acquisitions and expansions, as announced by Chairman Kumar Mangalam Birla.

Accenture Acquires Stake in Vodafone Shared Operations: CCI Approval

August 14, 2024 19:24

CCI approves Accenture's acquisition of a stake in Vodafone Shared Operations, a strategic partnership for technology and transformation services.

India Business News: Rupee Flat, Sensex Tumbles, Vedanta Stake Sale

August 13, 2024 21:00

Get the latest Indian business news, including market updates, company announcements, and economic developments. Find insights on the rupee, Sensex, Vedanta, and more.

Apple''s CCI Probe: Report Recalled, Confidential Info Issue

August 13, 2024 19:49

CCI recalls probe report in Apple case, citing confidential information. The regulator seeks to protect the legal rights of all parties involved.

Brookfield Acquires ATC Telecom: CCI Approves Deal

August 6, 2024 21:22

Competition Commission of India approves Brookfield's acquisition of ATC Telecom Infrastructure, a major deal announced earlier this year. CCI also cleared other transactions.

CCI Seeks Apple Reply on App Store Probe

August 6, 2024 17:20

India's Competition Commission (CCI) has sought a response from Apple regarding an investigation report that alleges the company violated competition norms with its App Store. The report claims...

ADIF Files Complaint Against Google's Anti-Competitive Practices

August 5, 2024 16:16

The Alliance of Digital India Foundation (ADIF) has filed a complaint with the Competition Commission of India (CCI) against Google's alleged anti-competitive practices in online advertising,...

Chinese Investment in India: Boosting Local Manufacturing?

August 4, 2024 11:05

Niti Aayog member Arvind Virmani suggests attracting Chinese firms to invest in India for manufacturing instead of relying on imports. This move could benefit India's export market and address...

CCI Approves Merger of Mangalore Chemicals & Fertilizers with Paradeep Phosphates

July 30, 2024 20:37

The Competition Commission of India (CCI) has approved the amalgamation of Mangalore Chemicals & Fertilizers with Paradeep Phosphates Ltd, a move that will create a larger player in the phosphatic...

Vistara Offers Voluntary Retirement for Non-Flying Staff

July 30, 2024 13:30

Vistara has offered voluntary retirement and separation schemes for its non-flying staff ahead of its merger with Air India. The schemes are similar to those offered by Air India earlier this month.

India Won't Rethink Chinese FDI Support: Goyal

July 30, 2024 11:25

India's Commerce Minister clarifies there's no change in policy on Chinese investments, despite recent economic survey suggestions. Learn about the current state of India-China trade and FDI.

UltraTech to Keep India Cements Listed After Acquisition

July 29, 2024 14:31

UltraTech Cement has confirmed that India Cements will remain a listed entity following its acquisition of a 32.72% stake. The open offer price is Rs 390 per share, and UltraTech intends to acquire...

Clearer FDI Guidelines Needed for China: NITI Aayog

July 25, 2024 14:34

NITI Aayog calls for clearer FDI guidelines for China, citing slow case-by-case review. India seeks Chinese investment but tensions persist.

CCI Dismisses Complaint Against Indiabulls Housing

July 24, 2024 19:29

Competition Commission of India (CCI) dismissed a complaint against Indiabulls Housing Finance for alleged abuse of dominant position through misleading advertisements.

CCI Approves Amazon's 76% Stake in Frontizo

July 23, 2024 22:50

India's competition regulator CCI has cleared Amazon's acquisition of a 76% stake in Frontizo, a company that operates Appario Retail, a major seller on Amazon India.

Manipal Group Acquires Stake in Aakash Educational Services

July 23, 2024 22:01

CCI approves Manipal Health Systems and MEMG Family Office's acquisition of a stake in Byju's-owned Aakash Educational Services.

Economic Survey: China FDI for Indian Manufacturing & Exports

July 22, 2024 15:22

India's Economic Survey suggests attracting FDI from China to boost local manufacturing and exports, aiming to capitalize on 'China plus one' strategy despite geopolitical tensions.

ADIA Acquires Stake in Berhyanda & Berhyanda MidCo: CCI Approves

July 18, 2024 22:32

The Competition Commission of India (CCI) has approved the acquisition of stake in Berhyanda and Berhyanda MidCo by an arm of Abu Dhabi Investment Authority (ADIA).

Dixon Technologies Acquires Majority Stake in Ismartu India

July 18, 2024 22:29

Competition Commission of India approves Dixon Technologies' acquisition of 56% stake in Ismartu India, a mobile phone manufacturer. This deal expands Dixon's presence in the electronics...

Air India-Vistara Merger: 600 Non-Flying Staff Impacted

July 10, 2024 20:38

Air India and Vistara's merger could affect 600 non-flying staff, with job opportunities offered within the Tata Group. The merger aims to create a larger airline group, with Singapore Airlines...

Mirae Asset Acquires Sharekhan: Regulatory Approvals Awaited

July 9, 2024 18:32

Mirae Asset Investment Managers (India) is acquiring Sharekhan, pending regulatory approvals. The acquisition, once complete, will see Mirae Asset expanding its presence in the Indian broking market.

CCI to Amend Competition Rules: Green Channel, De Minimis & More

June 28, 2024 17:59

The Competition Commission of India (CCI) will soon announce changes to competition rules, including green channel approvals for mergers and acquisitions and de minimis thresholds.

Competition Commission Clears Google in Truecaller Case

June 27, 2024 15:18

India's Competition Commission has dismissed a complaint against Google alleging favoritism towards Truecaller in the caller ID app market, finding no evidence of antitrust violations.

Coforge Acquires Majority Stake in Cigniti Technologies: CCI Approval

June 25, 2024 21:15

Coforge gets CCI clearance to acquire a majority stake in Cigniti Technologies, an IT and ITeS provider. The deal involves a share purchase agreement with promoters and select public shareholders...

Zurich Acquires 70% of Kotak General Insurance for Rs 5,560 Cr

June 19, 2024 16:55

Zurich Insurance acquires a 70% stake in Kotak Mahindra Bank's general insurance arm for Rs 5,560 crore, becoming the first foreign insurer to enter India since 2021 FDI rule changes.

CCI approves proposed stake acquisition in WeWork India by Real Trustee Advisory Co

June 18, 2024 23:17

The Competition Commission of India (CCI) has approved the proposed acquisition of a stake in WeWork India by Real Trustee Advisory Company, a move that will see Volrado Venture Partners Fund II...

Godrej Group Restructuring Approved by CCI

June 18, 2024 23:07

The Competition Commission of India (CCI) has approved the proposed internal restructuring within the Godrej group, involving a realignment of interests and management across various entities.

India Inc Raises Concerns Over Digital Competition Bill

June 18, 2024 22:50

India Inc raises concerns over the draft Digital Competition Bill 2024, calling it unfair and untenable. IAMAI proposes recommendations for the Dual Legislation, urging for amendments to the IT Act...

14 Orphan Children Admitted in Reputed Schools: CM Sukhu

June 12, 2024 18:33

Himachal Pradesh CM Sukhvinder Singh Sukhu announced that 14 orphan children have been admitted to reputed schools under the Mukhyamantri Sukh Ashray Yojana, providing them with quality education...

Mitsubishi Corp Acquires Stakes in TVS Group: CCI Approval

June 11, 2024 21:34

Mitsubishi Corporation has received CCI approval to acquire stakes in TVS Certified and TVS Vehicle Mobility Solution. The deal involves equity stakes in both companies, expanding Mitsubishi's...

Digital Competition Law: IT Ministry to Meet Industry

June 11, 2024 18:21

India's IT Ministry is holding meetings to discuss the draft Digital Competition Law, with concerns raised by startups about its impact on the tech ecosystem.

Cintra Acquires 24% Stake in IRB Infra Trust: CCI Approval

June 4, 2024 22:25

The Competition Commission of India (CCI) has approved Cintra's acquisition of a 24% stake in IRB Infrastructure Trust, a move that expands Ferrovial's presence in India's infrastructure sector.

Matrimony.com, Sharechat Oppose IAMAI's Digital Competition Bill Stance

June 1, 2024 15:43

Matrimony.com, Sharechat, and two other companies disagree with IAMAI's submission on the draft digital competition bill, arguing it doesn't represent the entire startup ecosystem.

Shinhan Bank Acquires 11% Stake in HDFC Credila: CCI Approves

May 29, 2024 22:38

The Competition Commission of India (CCI) has cleared Shinhan Bank's acquisition of an 11% stake in HDFC Credila Financial Services. The deal will see Shinhan Bank, a South Korean multinational...

CCI Extends AI Study Bidding Deadline to June 18

May 26, 2024 17:16

India's Competition Commission (CCI) has extended the bidding deadline for an AI study to June 18. The study will examine the impact of AI on competition, including personalized recommendations,...

Reliance-Disney Merger: Viacom18 & Star India Seek CCI Approval

May 25, 2024 14:41

Reliance Industries has sought CCI approval for the USD 8.5 billion merger of Viacom18 and Star India, creating a media behemoth in India. The deal will result in a joint venture with Reliance...

NCLAT Defers Google Play Store Billing Hearing to July 5

May 24, 2024 16:40

The NCLAT has deferred the hearing on petitions against Google's Play Store billing policy to July 5. Indian app developers challenged CCI's decision not to grant interim relief against the policy.

CCI Notifies Revamped Merger Control Regulations

May 20, 2024 20:55

The Competition Commission of India (CCI) is notifying new merger control regulations, including deal value-based threshold for notifying transactions.

Privacy & Competition: Attorney General's Insights on CCI's Role

May 20, 2024 19:26

Attorney General R Venkataramani highlights the importance of establishing privacy contours from a competition perspective, emphasizing the CCI's role in evolving digital markets.

CCI Chief: Algorithm Opacity Challenges Competition Assessment

May 20, 2024 17:08

CCI chief highlights the challenges of assessing the impact of algorithms on competition due to their opacity, emphasizing the need for competition law evolution in digital markets.

Indian Startups Back Digital Competition Bill, Call 'Ex-Ante' Norms Game-Changer

May 16, 2024 21:15

Nearly 40 Indian startups support the draft digital competition bill, calling its 'ex-ante' regulations a game-changer to curb big tech's anti-competitive practices.

Air India-Vistara Merger: Singapore Airlines Awaits Approvals

May 15, 2024 21:03

Singapore Airlines awaits foreign direct investment and other approvals for the Air India-Vistara merger, aiming to strengthen its multi-hub strategy and participate in the growing Indian market.

Air India-Vistara Merger: Staff Fitment Complete by June

May 13, 2024 19:17

Over 7,000 employees from Air India and Vistara will have their roles finalized by June as the merger process progresses. The combined airline will offer greater choices for customers and employees...

NCLAT Orders Google, CCI to Respond on Play Store Billing

May 10, 2024 22:16

NCLAT has directed Google and CCI to respond to petitions challenging the Play Store billing policy, which app developers argue is anti-competitive.

Air India, Vistara Merger: CEOs to Address Staff

May 10, 2024 20:52

Air India and Vistara CEOs will address staff on May 13 about the proposed merger of the two airlines. The merger is awaiting approval from NCLT.

Greenko Energies Acquires Stake in Sikkim Urja: CCI Approval

May 7, 2024 20:12

Greenko Energies gets CCI approval to acquire additional stake in Sikkim Urja, a special purpose vehicle for the 1,200 MW hydropower project in North Sikkim.

Sanyo Special Steel Acquires Majority Stake in SSMI: CCI Approval

April 30, 2024 20:53

Sanyo Special Steel has received CCI approval to acquire an additional 15.43% stake in Sanyo Special Steel Manufacturing India (SSMI) from Mitsui & Co., making Sanyo the sole shareholder of SSMI.

CCI to Study AI Impact on Competition: Invites Proposals

April 22, 2024 11:39

The Competition Commission of India (CCI) will conduct a detailed market study on AI and its impact on competition, inviting proposals from entities to analyze AI's influence on consumer choices,...

CCI Approves Protos, Paharpur Stake in Thyssenkrupp India

April 16, 2024 21:08

The Competition Commission of India (CCI) has approved the acquisition of additional stake in Thyssenkrupp Industries India by Protos Engineering and Paharpur Cooling Towers.

Dixon Acquires Majority Stake in Ismartu India

April 9, 2024 10:21

Dixon Technologies (India) to acquire a majority stake in Ismartu India, a leading electronics and mobile devices manufacturer, in an all-cash deal. The acquisition will see Dixon take a 50.10%...

AI & Competition: CCI Chief on Efficiency & Concentration Concerns

April 7, 2024 12:37

The Competition Commission of India (CCI) will conduct a study on the impact of AI on competition, exploring potential benefits and concerns like market concentration.

CCI Approves Mirae Asset's Acquisition of Sharekhan & Human Value Developers

April 2, 2024 23:35

The Competition Commission of India (CCI) has approved Mirae Asset's acquisition of Sharekhan Ltd. and Human Value Developers Pvt. Ltd., expanding its presence in the financial market.

CCI Approves Mirae Asset's Acquisition of Sharekhan

April 2, 2024 22:36

The Competition Commission of India (CCI) has approved Mirae Asset's acquisition of Sharekhan Ltd and Human Value Developers Pvt Ltd. The deal will see Mirae Asset Capital Markets (India) and Mirae...

IndoEdge Acquires 8% Stake in MG Motor India: CCI Approval

April 2, 2024 22:20

The Competition Commission of India (CCI) has cleared IndoEdge's proposed acquisition of an 8% stake in MG Motor India. The deal involves IndoEdge India Fund - LVF Scheme, a large value fund for...

CCI Approves Axis Bank''s Max Life Insurance Acquisition

April 2, 2024 20:55

CCI has cleared Axis Bank''s proposed acquisition of a stake in Max Life Insurance, paving the way for the deal to proceed.

NCLAT Upholds CCI Order Against Sundaram Brake Linings

April 2, 2024 18:53

The National Company Law Appellate Tribunal dismissed Sundaram Brake Linings' appeal against the CCI order, finding evidence of cartelisation in tenders for Indian Railways.

Air India-Vistara Merger: Singapore Regulator Gives Conditional Nod

March 5, 2024 20:21

Singapore's competition regulator has conditionally approved the Air India-Vistara merger, subject to commitments from the airlines. The deal, which includes Singapore Airlines acquiring a stake in...

Google Reinstates Delisted Indian Apps After Govt Intervention

March 5, 2024 20:00

Google has reinstated Indian apps after a billing dispute with the government. The tech giant will continue to charge fees, but a long-term solution is being sought.

CCI to Conduct Market Study on AI: Antitrust Concerns

March 5, 2024 13:07

India's competition regulator CCI will soon initiate a market study on AI to understand antitrust concerns and foster innovation. The study aims to analyze the evolving landscape of AI in India.

Google Exploits Indian Startups: App Developers Accuse Dominance

March 4, 2024 22:06

Indian app developers accuse Google of abusing its dominant market position by charging excessive fees and violating competition laws. Startups say their revenue plummeted after being delisted from...

Google Play Store App Offloading: Indian Govt. Intervenes

March 4, 2024 20:33

Indian government meets with Google and app developers to address the removal of apps from the Play Store due to payment disputes. Concerns over Google's dominant position and discriminatory...

Naukri, 99acres Apps Back on Google Play: Govt. Opposes Delisting

March 2, 2024 20:13

Naukri, 99acres, and other apps return to Google Play Store after complying with payment norms. Indian government opposes app delisting, calling for a meeting next week.

Google App Delisting Row: India Calls For Meeting, Warns Tech Giant

March 2, 2024 17:26

India's IT Minister has condemned Google's removal of Indian apps from the Play Store, calling it unacceptable and vowing to protect startups. A meeting is planned next week to address the dispute.

Google App Delisting: Minister Vaishnaw Warns of Action

March 2, 2024 16:41

India's IT Minister condemns Google's app delisting, calling it unacceptable. Government to meet Google and affected startups next week to resolve dispute.

Google App Delisting Row: Minister Vaishnaw Warns of Action

March 2, 2024 13:40

India's IT Minister Ashwini Vaishnaw has warned Google against delisting Indian apps, calling it unacceptable and vowing to protect startups. He has called a meeting with Google and the...

Naukri, Shiksha, 99acres Removed from Google Play Store: Info Edge

March 2, 2024 11:18

Info Edge's popular apps, including Naukri, Shiksha, and 99acres, have been removed from Google Play Store due to a dispute over service fees. The company is working to reinstate its apps.

Google Removes Apps from Play Store Over Fee Dispute

March 1, 2024 19:39

Google removes apps from the Play Store in India over a dispute on service fees. Companies including Shaadi, Matrimony.com, and Bharat Matrimony have been affected.

Reliance-Disney Merger: Impact on Media & Advertisers

February 29, 2024 19:59

Experts predict the Reliance-Disney merger will impact subscriber tariffs, advertisers' bargaining power, and create a media behemoth with dominant sports content.

Zurich to Acquire 70% Stake in Kotak Mahindra General

February 23, 2024 22:28

Zurich Insurance will acquire 70% stake in Kotak Mahindra General Insurance for Rs 5,560 crore, increasing its initial stake from 51%.

CCI Approves Minda's Stake Purchase in Pricol

February 20, 2024 19:06

The Competition Commission of India (CCI) has approved Minda Corporation's acquisition of up to 8.79% stake in Pricol, a leading automotive components manufacturer.

Adani Power & DAIT Get CCI Nod for Coastal Energen Acquisition

February 13, 2024 22:05

The Competition Commission of India (CCI) has approved Adani Power and Dickey Alternative Investment Trust's acquisition of Coastal Energen Pvt Ltd, a power generation company undergoing insolvency...

ZEEL Profit Jumps 2-Fold to Rs 58cr in Q3 FY24

February 13, 2024 21:11

Zee Entertainment Enterprise Ltd (ZEEL) reported a 2-fold increase in consolidated net profit to Rs 58.54 crore for the third quarter ended December 2023. The company's total income dropped by 2.36...

Adani Power & DAIT Acquire Coastal Energen: CCI Approval

February 13, 2024 21:10

Adani Power and Dickey Alternative Investment Trust (DAIT) have received CCI approval to acquire 100% stake in Coastal Energen, a power generation company undergoing insolvency resolution.

Max Life Gets Irdai Nod for Rs 1,612 Cr Infusion

February 6, 2024 22:39

Max Life Insurance receives Irdai approval for a Rs 1,612 crore capital infusion from Axis Bank, boosting its growth ambitions and solvency margins. The infusion is subject to CCI approval.

CPPIB & Allianz Acquire Interise Investment Managers: CCI Approves

February 6, 2024 21:35

Canada Pension Plan Investment Board (CPPIB) and Allianz Group receive CCI approval to acquire Interise Investment Managers, the investment manager of IndInfravit Trust.

CCI Approves Zurich Insurance's Stake in Kotak Mahindra General Insurance

February 6, 2024 21:31

The Competition Commission of India (CCI) has approved Zurich Insurance Company's acquisition of a 70% stake in Kotak Mahindra General Insurance Company. This transaction involves Zurich acquiring...

Burman Family Raises Religare Stake to 25.18%

January 31, 2024 22:25

The Burman family, promoters of Dabur India, increased their stake in Religare Enterprises to 25.18% after acquiring 4% for Rs 309 crore. The acquisition triggers a mandatory open offer.

Burman Family Increases Stake in Religare Enterprises

January 31, 2024 19:45

The Burman family has increased its stake in Religare Enterprises to 24.77% after purchasing 3.6% of the company's shares for Rs 277 crore. This follows the Competition Commission of India's...

Naspers, Temasek Invest in PharmEasy: CCI Approval

January 30, 2024 21:49

CCI approves Naspers and Temasek's investment in PharmEasy, allowing them to acquire stakes in API Holdings, the parent company of the online pharmacy platform.

AU Small Finance Bank Profit Down 4% in Q3

January 25, 2024 20:35

AU Small Finance Bank reported a 4% decline in net profit for the third quarter ended December 2023, primarily due to a rise in bad loans. The bank's total income and interest income increased, but...

CCI to Study AI Impact on Businesses: Tender Soon

January 25, 2024 18:46

India's Competition Commission will soon issue a tender for a study on the impact of AI on businesses and services. The CCI emphasizes the need for nuanced assessments in tech markets.

CCI Approves Religare Stake Buy: Burman Family & Legal Expert Insights

January 24, 2024 23:44

The Competition Commission of India (CCI) has cleared the Burman family's additional stake purchase in Religare Enterprises, but with caveats. Learn about the legal implications and the ongoing feud.

CCI Approves Burman Family Stake Buy, But Religare Disputes 'Clean Chit'

January 24, 2024 18:41

Religare Enterprises claims CCI's approval for the Burman family's additional stake in the company does not absolve them of potential competition law violations, amid ongoing feud.

CCI Approves JSW Group's Stake in MG Motor India

January 24, 2024 11:56

The Competition Commission of India (CCI) has cleared JSW Group's acquisition of a 38% stake in MG Motor India, a subsidiary of SAIC Motor. The deal involves JSW Ventures Singapore Pte Ltd, a...

Burman Family Acquires Majority Stake in Religare Enterprises

January 24, 2024 11:43

The Burman family has been approved to acquire a 31.27% stake in Religare Enterprises, making them the majority owners of the financial services firm. The CCI has allowed the acquisition through...

JSW Ventures Cleared to Buy Stake in MG Motor India

January 23, 2024 22:34

India's competition watchdog CCI has approved JSW Ventures' proposed acquisition of a 46% stake in MG Motor India, a subsidiary of SAIC Motor.

Tata Electronics Acquires Wistron's India Operations: CCI Approval

January 23, 2024 21:41

The Competition Commission of India (CCI) has cleared Tata Electronics' acquisition of Wistron's iPhone assembly plant near Bengaluru. The deal will see Tata Electronics acquire 100% of...

Fincare Small Finance Bank Merges with AU Small Finance Bank - CCI Approves

January 23, 2024 21:18

The Competition Commission of India (CCI) has approved the merger of Fincare Small Finance Bank with AU Small Finance Bank. The merger is subject to RBI approval.

Zee Entertainment Stock Plunges 25% After Merger Collapse

January 23, 2024 11:48

Zee Entertainment Enterprises Ltd. stock crashed 25% after Sony Pictures Networks India terminated their USD 10 billion merger due to disagreements over leadership and other conditions.

ZEEL Spends Rs 366.6 Crore on Sony Merger Compliances

January 22, 2024 20:16

Zee Entertainment Enterprises Ltd (ZEEL) spent Rs 366.59 crore on compliances for its now-failed merger with Sony, which called off the deal on Monday. The company had spent Rs 176.20 crore in the...

Sony Terminates $10 Billion Zee India Merger: Leadership Stalemate

January 22, 2024 15:28

Sony Group Corp has called off its $10 billion merger with Zee Entertainment in India, citing a leadership dispute. The deal, announced in 2021, would have created a major entertainment conglomerate.

Sony Terminates Zee Merger: USD 10 Billion Deal Off

January 22, 2024 12:58

Sony has terminated its merger agreement with Zee Entertainment, ending a USD 10 billion deal that would have created a major media conglomerate in India. The merger failed to meet closing...

Sony Terminates Zee Merger: USD 10 Billion Deal Off

January 22, 2024 12:50

Sony has terminated its merger agreement with Zee Entertainment, ending a USD 10 billion deal. The merger was not completed by the deadline due to unfulfilled closing conditions.

Zee Entertainment Merger with Sony: Update & Future

January 19, 2024 19:57

Zee Entertainment continues to work towards its USD 10 billion merger with Sony, despite challenges and concerns regarding leadership. Get the latest updates and potential implications for the...

CCI Extends Deadline for Turnover Norms Comments

January 16, 2024 22:14

The Competition Commission of India (CCI) has extended the deadline for submitting comments on the proposed draft regulations for determination of 'turnover' of enterprises till January 25. The...

CCI Approves Shriram Group Entities Amalgamation

January 16, 2024 21:12

India's competition watchdog, CCI, has approved the amalgamation of various Shriram Group entities, including Shriram General Insurance and Shriram Life Insurance. The move consolidates the...

CCI Approves Seventy Second Investment Stake in Manipal Health

January 15, 2024 21:44

India's Competition Commission has cleared Seventy Second Investment Company's proposed acquisition of a stake in Manipal Health Enterprises, a leading healthcare provider in India.

Vistara CEO Hopes Airfares Will Find Sweet Spot

January 14, 2024 10:40

Vistara CEO Vinod Kannan expresses hope that airfares will find a balance, allowing airlines to profit while customers can still afford to travel.

CCI Approves GIC's Data Infrastructure Trust Acquisition

January 12, 2024 22:08

The Competition Commission of India (CCI) has approved Singapore's GIC's acquisition of additional unitholding in Data Infrastructure Trust (DIT), a telecom infrastructure InvIT.

CCI Approves IMCD India's Stake in Signet Excipients

January 9, 2024 21:32

Competition Commission of India (CCI) has cleared IMCD India's acquisition of an additional 30% stake in Signet Excipients, a pharmaceutical excipients company.

Zee-Sony Merger: Deadline Extended, Future Uncertain

January 9, 2024 16:47

Zee Entertainment confirms commitment to merger with Sony despite extension and concerns over leadership. Deal's future hinges on CEO appointment and regulatory approvals.

Vistara-Air India Merger: Completion Expected by Mid-2025

January 8, 2024 21:43

Vistara CEO Vinod Kannan says the merger with Air India is expected to be completed by mid-2025. Legal approvals are anticipated by mid-2024. The merger aims for growth and will focus on Europe and...

Zee-Sony Merger in Jeopardy: Deadline Looms, Goenka's Role Uncertain

January 8, 2024 19:54

Zee Entertainment and Sony's USD 10 billion merger faces uncertainty as the deadline nears. The deal is hinging on Goenka's leadership role, which Sony is hesitant about.

Zee-Sony Merger in Jeopardy: Deadline Looms, Deal Uncertain

January 8, 2024 19:19

The USD 10 billion merger of Zee Entertainment and Sony Pictures Networks India faces uncertainty as the deadline for extended negotiations nears. The two parties are yet to agree on key terms,...

Vistara-Air India Merger: Approvals Expected by Mid-2024

January 8, 2024 13:06

Vistara CEO Vinod Kannan says all legal approvals for the merger with Air India are expected by mid-2024, with operational merger anticipated by early or mid-2025.

GST Authority Drops Rs 7 Cr Service Tax Demand Against CCI

January 5, 2024 21:32

India's GST authorities have dropped a Rs 7.08 crore service tax demand against the Competition Commission of India (CCI) after ruling that the body doesn't provide taxable services.

CCI Approves Punjab Power Corp's GVK Project Acquisition

January 2, 2024 19:47

The Competition Commission of India has cleared Punjab State Power Corporation's proposed acquisition of GVK Power (Goindwal Sahib) Ltd, a subsidiary of GVK Energy Ltd.

CCI Study Flags Iron Ore Pricing, Export Issues

January 1, 2024 22:15

CCI study highlights concerns over iron ore pricing, captive mines, and exports. The regulator suggests promoting domestic steel production and sustainable mining practices.

CCI Study Highlights Iron Ore Pricing & Export Issues

January 1, 2024 19:44

A CCI study flags concerns about iron ore pricing and suggests discouraging exports to promote domestic steel production and control prices.

IndusInd to Acquire Reliance Capital: CCI Approves Deal

December 27, 2023 22:33

Competition Commission of India (CCI) has cleared the proposed acquisition of Reliance Capital by IndusInd International Holdings, IIHL BFSI (India) Ltd, and Aasia Enterprises.

IndusInd Bank to Acquire Reliance Capital: CCI Approval

December 27, 2023 20:15

Competition Commission of India approves IndusInd Bank's proposed acquisition of Reliance Capital, following a Rs 9,661 crore bid. The deal will give IndusInd Bank a controlling stake in the...

PCBL Acquires Aquapharm Chemicals: CCI Approves Deal

December 27, 2023 20:01

Antitrust regulator CCI approves PCBL Ltd's acquisition of Aquapharm Chemicals, a Pune-based speciality chemicals company, for Rs 3,800 crore.

CCI Seeks Feedback on Turnover Calculation for Penalty

December 24, 2023 20:48

The Competition Commission of India (CCI) seeks stakeholder comments on proposed regulations to determine enterprise turnover for penalty calculation. The proposed regulations exclude indirect...

CCI Approves Alpha Alternatives Stake in Dilip Buildcon

December 23, 2023 19:52

India's Competition Commission of India (CCI) has approved Alpha Alternatives Group's acquisition of a 10% stake in Dilip Buildcon, a leading EPC firm. The deal involves warrants, NCDs and...

Cotton Output to Decline 8% in 2023-24: CAI

December 21, 2023 20:08

Cotton production in India is expected to decline by 8% to 294.10 lakh bales in the 2023-24 season due to lower yields, according to the Cotton Association of India (CAI).

Sony & Zee Extend Merger Deadline: Key Details

December 20, 2023 21:48

Zee Entertainment and Sony Pictures Networks agree to extend the deadline for their USD 10 billion merger, pushing back the original Dec 21 date. Read more about the deal and potential challenges.

Sony & ZEEL Agree to Discuss Merger Deadline Extension

December 20, 2023 20:09

Zee Entertainment Enterprises Ltd and Culver Max Entertainment (Sony Pictures Networks India) have agreed to discuss extending the deadline for their proposed USD 10-billion merger, which was...

CCI Approves Synthimed Labs Acquisition of ISLL & Essix Businesses

December 19, 2023 22:05

The Competition Commission of India (CCI) has approved Synthimed Labs' acquisition of certain business undertakings of Ind Swift Laboratories Ltd and Essix Biosciences Ltd.

Nirma Acquires Majority Stake in Glenmark Life Sciences: CCI Approves Deal

December 19, 2023 20:31

The Competition Commission of India (CCI) has approved Nirma's acquisition of a majority stake in Glenmark Life Sciences, a leading API and CDMO provider. The deal, worth Rs 5,651.5 crore, will see...

Sony Pictures Delays Zee Merger, Demands Closure Conditions

December 19, 2023 10:14

Sony Pictures Networks India has not agreed to extend the deadline for its merger with Zee Entertainment, demanding clarity on closing conditions.

Zee Seeks Extension for Culver Max Merger Deadline

December 17, 2023 19:39

Zee Entertainment seeks extension in deadline for its proposed merger with Culver Max Entertainment, creating India's biggest media conglomerate. The merger has received regulatory approvals but...

NCLAT Issues Notice to Zee Entertainment, Refuses to Stay Merger

December 15, 2023 13:04

The National Company Law Appellate Tribunal (NCLAT) has issued notices to Zee Entertainment Enterprise Ltd (ZEEL) over petitions challenging the merger with Culver Max Entertainment. The NCLAT has...

CCI Proposes Fees for Application Filing, Seeks Feedback

December 13, 2023 22:45

The Competition Commission of India (CCI) proposes fees for filing miscellaneous applications to expedite case disposal. Stakeholders can submit comments by January 1, 2024.

CCI Approves Applied Materials' Minority Stake in VVDN Tech

December 13, 2023 22:28

The Competition Commission of India (CCI) has approved Applied Materials' acquisition of a minority stake in VVDN Technologies, a leading EMS and ODM provider.

Temasek & Motilal Oswal Get CCI Nod for Niva Bupa Stake

December 12, 2023 22:32

CCI approves Temasek and Motilal Oswal's acquisition of a stake in health insurer Niva Bupa Health Insurance. The deal involves subscription to equity shares and special rights by India Business...

SAD Chief Seeks PM Intervention for Cotton MSP in Punjab

December 10, 2023 20:25

Shiromani Akali Dal (SAD) president Sukhbir Singh Badal has urged Prime Minister Narendra Modi to ensure cotton procurement at MSP in Punjab, alleging that farmers are being forced to sell their...

NCLAT Stays CCI Penalty on NTPC for Ratnagiri Gas Acquisition

December 9, 2023 18:19

The National Company Law Appellate Tribunal (NCLAT) has stayed a CCI order imposing a penalty on NTPC for not disclosing the acquisition of 35.47% in Ratnagiri Gas & Power. NTPC argued the...

CCI Conducts AI Market Study to Assess Competition

December 8, 2023 17:00

CCI is conducting a market study on the impact of artificial intelligence (AI) on competition, aiming to understand AI dynamics and support competition-enhancing AI while curbing stifling practices.

CCI Approves Emirates Telecommunications-Vodafone Deal

November 29, 2023 22:08

India's competition regulator CCI has cleared the acquisition of additional stake in Vodafone Group Plc by Atlas 2022 Holdings, a subsidiary of Emirates Telecommunications Group.

CCI to Conduct Market Study on Cement Sector in India

November 3, 2023 21:40

The Competition Commission of India (CCI) will conduct a pan-India market study on the cement sector to ensure fair competition and consumer benefits in this critical industry.

Company Name
Price
Volume

Rhetan TMT
15.60 (+ 19.91)
30108779

Spicejet Ltd.
72.11 (+ 8.68)
25313427

Srestha Finvest
1.82 (+ 0.55)
22789251

Rama Steel Tubes
16.39 (+ 2.63)
20111677

Vodafone Idea L
13.44 ( -0.67)
16694932

Office Space Demand in India: 55% for Small...

Knight Frank reports that 55% of office space demand in top 8 Indian cities was for...

Rupee Rises 6 Paise to Close at 83.90 Against...

The Indian rupee closed 6 paise higher at 83.90 against the US dollar on Friday,...

Sebi Chief Denies Impropriety Allegations:...

Sebi chief Madhabi Puri Buch and her husband have denied allegations of impropriety and...

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