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CCI APPROVAL
French billionaire Xavier Niel gets CCI approval to acquire 16.2% stake in VodafoneXavier Niel's investment vehicle, Vega SAS, has obtained approval from the Competition Commission of India to purchase a 16.2 percent stake...
CCI approves Adani acquisition of IntellismartAdani Energy Solutions has received approval to acquire IntelliSmart Infrastructure, establishing a major presence in smart meters. This ac...
Adani Energy Solutions gets CCI approval for Rs 3,050-crore IntelliSmart acquisitionThe Competition Commission of India (CCI) has approved Adani Energy Solutions' Rs 3,050-crore acquisition of IntelliSmart Infrastructure. T...
KKR to invest over ₹6,000 crore in Petronas India RE armKKR plans to invest more than ₹6,000 crore in Gentari Renewable India, which is Petronas' renewable energy unit. The funding aims to suppor...
JSW Steel gets relief as Odisha HC quashes Rs 696 crore demand; sets aside Rs 1,473 crore noticeThe Odisha High Court has quashed a Rs 696.32 crore demand against JSW Steel over mineral dispatch shortfalls at its Jajang iron ore block ...
CCI nod to Tribhovandas Bhimji Zaveri, Cloudnine, and Farmart dealsThe Competition Commission of India has sanctioned three key transactions across various industries. Notably, GRT Jewellers' majority stake...
IDBI Bank shares rally 13%, market value swells by Rs 11,460 crore amid muted market. What lies ahead?IDBI Bank shares surged nearly 13%, adding over Rs 11,460 crore to its market capitalisation amid progress in the privatisation process. Th...
The auditor is no longer alone. There’s another intelligence in the roomAuditors are increasingly adopting artificial intelligence to enhance the efficiency and accuracy of audits in India. These technological a...
CCI approves JSW internal restructuring, three more dealsThe Competition Commission of India approved four deals on Tuesday in highways, hospitality, steel, and pharmaceuticals. JSW Group's restru...
IHH plans to raise Fortis stake to 51%, expand capacity to 10,000 beds by 2031IHH Healthcare aims to raise its stake in Fortis Healthcare to 51 percent within three to five years. The company intends to increase Forti...
Advent International seeks CCI green channel clearances for Yatharth Hospital stake buyAdvent International's Rasmalai Limited has sought Competition Comission of India's (CCI) approval to acquire a stake in Yatharth Hospitals...
Competition Commission okays BNP Paribas-IndiaFirst Life Insurance dealCompetition Commission of India approved BNP Paribas Cardif's proposal to acquire a 26% stake in IndiaFirst Life Insurance Company Ltd. The...
MetLife stake deal deemed approved; Bain and Olin proposals await CCI reviewMetLife International will raise its stake in PNB MetLife by 0.5% to 50.23% through a purchase from Jammu & Kashmir Bank, with CCI clearing...
Fortis defends itself after Supreme Court allows forensic audit, says it was "complete stranger" to Daiichi-Singh Brothers disputeIn a disclosure to the stock exchanges, Fortis said the Supreme Court, in its September 25 order, disposed of the company's Special Leave P...
CCI seeks more info on Adani Energy's IntelliSmart dealAdani Energy Solutions has proposed an acquisition of IntelliSmart Infrastructure for ₹3,050 crore. The Competition Commission of India has...
CCI approves L’Oreal India’s acquisition of personal care firm Onesto LabsThe Competition Commission of India has approved L’Oréal India’s acquisition of 100% of Onesto Labs, the parent company of digital-first pe...
CCI nod for Lakshmi Mittal-Poonawalla Rajasthan Royals stake buysThe competition regulator in India has sanctioned the acquisition of three cricket franchises, with Westview Cricket and Poonawalla Sports ...
Macquarie completes Maple InvIT stake buyoutFollowing the transaction, MAM and La Caisse will jointly hold controlling stakes in Maple’s investment manager and project manager.
KONE, TK Elevator seek CCI nod for India business merger after €29.4 billion global dealGlobal elevator giants KONE and TKE seek regulatory approval for their merger in India. This significant transaction, valued at over twenty...
Canada-based La Caisse gets CCI nod to acquire stake in Altius Telecom InvITIndia's Competition Commission of India (CCI) has given the green light to a proposal from a Canadian pension fund. La Caisse de dépôt et p...