CCI

Watchdog had earlier sought global earnings in its 5-yr-old probe

Complaint alleges Pernod gave $24 million in corporate guarantees to help city retailers secure loans in 2021, in return for ensuring 35% of shop stock comprised Pernod brands

Appellate tribunal NCLAT on Tuesday set aside a Rs 301.6-crore penalty imposed on the Grasim Industries by CCI, directing the fair trade regulator to hear the Aditya Birla Group firm again over its alleged dominance in the viscose staple fibre (VSF) market. The tribunal observed that the CCI did not provide a chance to Grasim Industries to present their arguments, after it differed from the findings of DG, its probe Unit. The Competition Commission of India (CCI) had imposed a penalty on Grasim Industries in March 2020 for allegedly abusing its dominant position with respect to supply of VSF to spinners in India in which it has a dominant position. The order was challenged by Grasim before the NCLAT, which is also an appellate authority over CCI, which asked the regulator to hear afresh. A two-member National Company Law Appellate Tribunal (NCLAT) bench said the CCI itself has "differed from findings of the DG", its probe unit, regarding their directions for disclosure of ...

India’s iPhone export boom hits a record high — but at the same time, Apple Inc. is facing a major antitrust battle with Competition Commission of India (CCI).

After the CCI this month gave Apple an ultimatum to submit its financials and scheduled a final hearing on May 21, the company has urged the Delhi HC to urgently intervene to put the matter on hold

JioStar moves Bombay High Court, challenging CCI's jurisdiction in Asianet dispute, arguing the matter falls under TRAI's regulatory domain

Supreme Court affirms CCI's authority to close cases at the initial stage without notifying or hearing informants under Section 26(2) of the Competition Act

CCI names former advisor Rakesh Bhanot as acting DG, extends deadline to apply for the post till May 5 while key investigations remain underway

A key finding of the Commission was that the Adani Group does not hold a "dominant" position in the relevant market

Fair trade regulator Competition Commission of India has cleared Torrent Power's proposal to acquire 100 per cent stake in Nabha Power Ltd. The move came after Torrent Power, in February 2026, said it entered into an agreement with L&T Power Development to acquire 100 per cent equity stakes in Nabha Power for an enterprise value of Rs 6,889 crore. "The proposed combination entails the acquisition of 100 per cent equity shares and non-cumulative optionally convertible redeemable preference shares (on a fully diluted basis) in Nabha Power Ltd by Torrent Power Ltd from L&T Power Development Ltd," the regulator said in a release on Tuesday. Torrent Power is engaged in the business of power generation, transmission, distribution and manufacturing and supply of power transmission cables, and is a part of 'Torrent Group,' which is into power, pharmaceuticals and gas distribution sectors. Nabha Power Ltd is a wholly-owned subsidiary of L&T Power Development Ltd (L&TPDL), and .

Fair trade regulator CCI on Tuesday cleared Advent International's proposal to acquire a 14.3 per cent stake in Aditya Birla Housing Finance Ltd. The development came after the boards of Aditya Birla Capital and Aditya Birla Housing Finance, in February 2026, approved a proposal for a primary capital infusion of Rs 2,750 crore in ABHFL, from Indriya Ltd, one of the entities of Advent International. "The proposed combination envisages acquisition of equity shares (by way of preferential issue on a private placement basis) amounting to 14.286 per cent of the post-issue paid up equity share capital of the Aditya Birla Housing Finance Ltd, on a fully diluted basis by the Indriya Ltd," the regulator said in a release. Aditya Birla Housing Finance Ltd (ABHFL) is engaged in the business of providing home loans, loans against property, construction finance loans, and lease rental discounting loans. It is a wholly-owned subsidiary of Aditya Birla Capital Ltd (ABCL). "CCI approves the ...

Lok Sabha panel meets MCA officials to review rules and regulations, following Rajya Sabha scrutiny of commitment provisions under the Competition Act

Japanese lender to acquire 20% stake in NBFC via preferential allotment, marking one of the largest FDI deals in India's financial services sector

The government on Wednesday approved Rs 1,718.56 crore as reimbursement for price support extended under MSP operations to the Cotton Corporation of India for the procurement undertaken in the 2023-24 cotton season. The decision was taken by the Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi. As market prices of cotton fell below MSP during the season, the government agency had to undertake MSP operations to the extent of 32.84 lakh bales, benefiting about 7.25 lakh farmers and paying about Rs 11,712 crore directly into their bank accounts, officials said. The cabinet approved incurring expenditure towards reimbursement of price support extended under Minimum Support Price operations for cotton during Cotton Season 2023-24 (October 1, 2023, to 30 September, 2024), they added. "In a significant step towards strengthening farmer welfare and advancing the vision of Aatmanirbhar Bharat, the CCEA has approved Minimum Support Price (MSP) funding of Rs ...

NEW DELHI, March 17 (Reuters) - India's antitrust watchdog is investigating global fragrance makers Givaudan, Firmenich and International Flavors & Fragrances over accusations of striking anti-poaching deals that can harm workers, regulatory documents show.

Kaur said that the CCI had identified potential anti-competitive conduct, which could be in the form of concentration in the AI value chain

NITI Aayog member Rajiv Gauba said CCI must balance innovation and fair competition in digital markets, while chairperson Ravneet Kaur flagged potential anti competitive conduct

Rajya Sabha panel on subordinate legislation has begun examining the Competition Commission of India's commitment regulations that allow firms to avoid abuse of dominance investigations

Fair trade regulator CCI on Wednesday dismissed a complaint alleging abuse of market dominance by InterGlobe Aviation and Air India. The complainant alleged that the domestic carriers were maintaining unconscionable and illegal rates of cancellation charges and imposing arbitrary conditions and prices for the sale of services. According to the complainant, InterGlobe Aviation, which operates IndiGo, held more than 65 per cent share in the domestic aviation sector, while Air India accounted for around 27 per cent. Together, both these players control about 90 per cent of the market share, raising concerns of dominance and possible anti-competitive practices, as per the complaint. After examining the information, the Commission said the allegations did not establish any prima facie violation of competition law provisions. CCI noted that the allegation of abuse of dominance does not warrant further examination as OPs (InterGlobe Aviation and Air India) have in place a system for refu

Speaking at BS Manthan, CCI Chairperson Ravneet Kaur said while AI offers significant advantages, it also poses risks such as targeted price discrimination