Changes to deal structure possible, say experts
If SC upholds the Policy, CCI can ascertain whether or not the provisions of the Competition Act have been violated
Top execs of Indian arms of Apple, Google, Amazon, Netflix and Microsoft quizzed about impact of their business models on small players.
Significant business operation is a key condition to impose deal-value criteria proposed in the Competition Bill, targeting global digital mergers and acquisitions
'In the case of market purchases where prices are volatile, if one is required to wait for approval from the CCI, the person or entity may lose the opportunity to buy shares at best prices'
Fair trade regulator Competition Commission of India (CCI) on Thursday approved the proposal to merge Creixent Special Steels and JSW Ispat into JSW Steel. In May, JSW Steel announced the merger deal. JSW Steel and JSW Ispat are into manufacturing and sale of steel products while Creixent Special Steels (CSSL) is in the business of holding investments. In a tweet on Thursday, CCI said it has approved the "amalgamation of Creixent Special Steels and JSW Ispat Special Products with and into JSW Steel". Separately, the watchdog has cleared the proposed acquisition of Varmora Granito Pvt Ltd and other entities by the Carlyle Group entity Katsura Investments. The combination involves Katsura's Investments' acquisition of up to 40 per cent stake in the Varmora Granito Pvt Ltd along with acquisition of certain rights in the company and certain other target entities. The regulator has approved the "acquisition by Katsura Investments in Varmora Granito Pvt Ltd and certain other entities;
This is the third-biggest acquisition in the renewable energy space in India
The CCI has in recent times ordered probes and passed orders over alleged unfair business practices in the growing digital market
Cement production is a lucrative business in India's booming economy, with high demand especially from rural housing and infrastructure firms
Amendments likely in 20-year-old Competition law
Bill proposes to let individual members of the 6-member board to decide on matters for faster disposal of cases
Appellate tribunal upheld CCI order suspending digital commerce platform's investment in Future group in 2019
House panel to soon call foreign Big Tech for discussion
CBI case prompts the authorities to bar low-cost airline from proceeding on bids it won for regional air connectivity project
Google International LLC is a wholly-owned subsidiary of Google LLC
While tax evasion, technical glitches, and litigation continue to plague the indirect tax system, the revenue collections have picked up in recent months
Global tech companies are again bracing for a battle with Indian telecom companies, and this time it is over delicensing of the valuable 6-GHz band (5925-7125 MHz).
Parliamentary Standing Committee on Commerce says antitrust body needs to be strengthened to bridge gaps in enforcement
At present, the Tata group owns and operates four airlines - Air India, Air India Express, AirAsia India, and Vistara. Air India and Vistara operate on both domestic and international routes
The two combined entities will have a 15.7% share of India's domestic passenger market