Tata Steel says steel prices move in tandem globally as a commodity, rejects collusion claims, and flags cost pressures and improving demand outlook post Q3FY26
Competition watchdog cites large-scale flight cancellations and market dominance as it directs DG to submit probe report within 90 days
The Supreme Court set aside a 2020 NCLAT order directing a CCI probe into Flipkart and asked the tribunal to reconsider the case afresh
On February 28, 2022, the CCI recorded a prima facie view that the conduct warranted scrutiny and directed its Director General to investigate under Section 26(1) of the Act
Apple has moved the Delhi High Court to block India's antitrust watchdog from seeking its global financial records amid a probe into App Store practices
Apple is contesting rules that allow the Competition Commission of India (CCI) to impose penalties retrospectively based on a company's global turnover
Fair trade regulator CCI on Tuesday cleared Tata Steel's proposal to acquire a 50.01 per cent equity stake in Odisha-based Thriveni Pellets. The development came after Tata Steel in December last year announced that it entered into a pact to acquire a majority stake in Thriveni Pellets Pvt Ltd for Rs 636 crore. "The proposed combination relates to Tata Steel Limited's proposed acquisition of 50.01 per cent equity share capital of Thriveni Pellets Private Limited (TPPL) from Thriveni Earthmovers Private Limited," the regulator said in a release. Tata Steel Limited is engaged in integrated steel manufacturing operations, ranging from mining to steelmaking to further processing. It is also engaged in the mining of iron ore and the production of iron ore pellets, sponge iron and crude steel. TPPL is engaged in the sale of iron ore pellets in the country. TPPL's wholly-owned subsidiary, Brahmani River Pellets Ltd, is also engaged in production and sale of iron ore pellets in India. In
Data regarding routes exclusively operated by Indigo between September and December 2025 is also being shared by the DGCA with the Commission
Fair trade regulator CCI on Tuesday approved home-grown private equity firm ChrysCapital's proposal to acquire a stake in Nash Industries (I) Pvt Ltd. Mumbai-based ChrysCapital is acquiring stakes through its three affiliates, ChrysCapital Fund X, Two Infinity Partners and Blue Wave Investments Ltd. These entities invest in different sectors. "The proposed combination pertains to the acquisition by ChrysCapital Fund X, Two Infinity Partners and Blue Wave Investments Limited (collectively, the Acquirers), collectively, of certain equity share capital of Nash Industries (I) Private Limited (Target)," the Competition Commission of India (CCI) said in a release. Nash Industries is engaged in the business of box build solutions and metal stamping. The acquirers are private equity investors, belonging to the ChrysCapital Group. "Commission approves acquisition by ChrysCapital Fund X, Two Infinity Partners and Blue wave Investments Limited, collectively, of certain equity share capital in
Alleges company is using dilatory and delaying tactics in regulator's investigation
CCI has sought financial statements to calculate penalties
The Competition Commission of India (CCI) on Tuesday approved Japanese steelmaker Nippon Steel Corporation's proposal to acquire the remaining 53.4 per cent stake in Krosaki Harima Corporation. Nippon Steel holds a 46.6 per cent stake in Krosaki. After the completion of the transaction, Nippon Steel's holding in Krosaki would be 100 per cent. "The proposed combination involves acquisition by Nippon Steel Corporation (Nippon Steel) of 53.4 per cent shareholding of Krosaki Harima Corporation (Krosaki) by way of a tender offer and potential squeeze out (if applicable)," the regulator said in a release. In India, Nippon Steel is engaged in the business of manufacturing tubes and pipes, and processing automotive cold rolled steel sheets, crankshafts, and auto-parts and also imports and sells various products. Krosaki is a listed company in Japan. In India, Krosaki, through its affiliate entities, is engaged in the manufacturing and sale of refractory products, and services the iron & ..
The Commission found that the quotation of identical prices, timing of submission of financial/commercial bids and similar prior conduct support the conclusion of concerted action
Competition Commission has sought details from IndiGo after a consumer complaint alleged exploitative pricing following flight disruptions; CCI may examine Section 4 issues
IndiGo cancelled hundreds of flights starting from December 2, causing hardships to thousands of passengers
IndiGo had grounded thousands of flights across the country after being unprepared for stricter safety norms, which came into effect in November
The CCI first conducts a preliminary inquiry based on the information received, and then, based on the findings, it directs the Director General's office to start a formal investigation
The total number of combinations, or mergers, approved or disposed of in FY25 went up to 138 from 101 in the previous year
The earlier Nclat judgment had upheld the ₹213.14 crore penalty against Meta and WhatsApp but had left ambiguity over the extent of user-choice safeguards
The CCI guidelines said that it would calculate the penalty amount up to 30 per cent of the average relevant turnover based on the nature and gravity of the contravention