COMPETITION COMMISSION

New broadcasting policy will seek to balance rules

The draft policy, a copy of which was accessed by ET, creates a roadmap for amending the existing law, and establishes the framework for th...

Competition Commission to have regional presence; more streamlined processes, says CCI chief

Responding to a query on key learnings for the regulator amid the coronavirus pandemic and plans in the new year, its Chairperson Ashok Kum...

'One-size-fits-all approach' does not work for digital markets: CCI Chairperson

Competition Commission of India (CCI) has been closely watching digital markets and also came out with a detailed study on e-commerce space...

Mahindra-Ford joint venture plans called off due to changing global economic conditions

Changes were influenced due to separate decisions by Ford and Mahindra to reassess their respective capital allocation priorities. The US c...

Mahindra, Ford end discussions on automotive joint venture due to changing global economic conditions

Automobile manufacturers Mahindra & Mahindra and Ford Motor Company have 'mutually, amicably determined' they will not complete a previousl...

Future Group's reopening offices, hiring top execs, focusing on R-day sale: Kishore Biyani

"We are also conceptualising two new brands that will offer products in multiple categories within fashion and FMCG. There is a lot of work...

Blackstone notifies CCI of its proposed acquisition of Piramal Glass

ET had previously reported that the global PE firm had submitted a binding offer in October, valuing the Ajay Piramal-owned glass manufactu...

CCI initiates investigation against cement companies in India

ACC said it is of the firm view that it has acted and continues to act in compliance with competition laws and we are fully cooperating wit...

Blackstone, Prestige’s $1.5 billion realty deal gets Competition Commission’s nod

As part of the deal, Blackstone will be acquiring five completed office complexes with 7 million sq ft of leasable area and four office pro...

CCI approves acquisition of AES's 49% stake in OPGC by OHPC

State-owned OHPC had sought the CCI’s nod to acquire the stake from US-based AES Corporation for $135 million (about Rs 1,000 crore) last m...

CCI trains its focus on PE investments across sectors in India

“Since many of these PE investments are in multiple firms of the same industry leading to product market overlaps, the issue of common owne...

Future-Reliance deal: Sebi awaits clarification before go-ahead

The regulator said it is awaiting a reply to the "clarification" sought from the stock exchange on the draft composite scheme of arrangemen...

Competition Commission of India scraps certain disclosure requirements for merger reviews

On Tuesday, the watchdog said it has decided to dispense with certain disclosure requirements in the combination notices.

CCI clears Reliance-Future retail deal despite Amazon's objections

The approval by the Competition Commission of India (CCI) is a setback for U.S. giant Amazon, which has argued that a 2019 agreement it ink...

Grasim sells fertilizer biz to Indorama Corp for Rs 2,649 crore

After market hours, the company said its board approved the sale of Indo Gulf Fertilisers by way of a slump sale to Indorama India Private,...

Stocks in the news: RIL, LVB, Coal India, SpiceJet, Eicher Motors and PNB

AION Capital-backed Clix Capital could walk away from the proposed merger with Lakshmi Vilas Bank if discussion on the deal continue to dra...

CCI approves Google picking up 7.73% stake in Jio Platforms

The lawsuit came at a time when Indian startup founders had approached the CCI and the Ministry of Electronics and IT (Meity), complaining ...