Page 28 - Cci

CCI gives approval to Heineken extra stake buy in United Breweries

UB is the country's largest beer company, while Heineken is the world's second-largest brewer after Anheuser-Busch (AB) InBev

DHFL resolution: Lenders move NCLAT against Kapil Wadhawan's offer

The committee of creditors cannot do it. Also, it requires a high threshold of approvals from the CoC.

Take extra care, ensure market processes are not undermined: Sitharaman

CCI should take "extra care" and ensure that no "omission or commission" result in undermining of market processes as businesses look for revival after the pandemic, says Nirmala Sitharaman

CCI seeing concession agreements in infra, public service delivery sector

Fair trade watchdog CCI is assessing model concession agreements in infrastructure and public service delivery segments to mitigate possible competition issues.

CCI approves sale of YES Bank's MF subsidiaries to GPL Finance

Fair trade regulator Competition Commission of India (CCI) on Tuesday approved the acquisition of Yes Asset Management (India) Ltd and Yes Trustee Limited by GPL Finance and Investments Ltd.

APSEZ gets CCI nod for 25% more stake purchase in Krishnapatnam port

The Competition Commission of India (CCI) on Tuesday gave nod to proposed acquisition of additional 25 per cent stake of Adani Krishnapatnam Port Ltd by Adani Ports and Special Economic Zone Ltd.

Tata Digital to raise Rs 5,000 cr via commercial papers to expand business

Tata Digital is creating a platform for the Tata Group's consumer business, acquiring 64 per cent in online grocer Big Basket.

CCI approves internal restructuring of IBM under green channel route

CCI has approved Kyndryl Holdings and Grand Ocean Managed Infrastructure Services' proposal for the internal restructuring of IBM Corporation under the green channel route

Tata Motors reviewing CCI order on probe against commercial vehicle biz

Tata Motors said it is reviewing the order by the CCI to initiate an investigation against its commercial vehicles business in India for alleged abuse of its dominant position

CCI approves acquisition of 100% shareholding of Ingram Micro by Imola

The Competition Commission of India (CCI) has approved proposed acquisition of 100 per cent shareholding and sole control of Ingram Micro Inc by Imola Acquisition Corporation

Tata to finally enter online grocery with CCI nod to BigBasket stake deal

With this, Tata Digital will buy 64.3% stake in Supermarket Grocery Supplies and also be sole control over Innovative Retail Concepts, which runs BigBasket's online retail biz

CCI gives approval to BigBasket's 64% stake sale to Tata Digital

CCI has approved the acquisition by Tata Digital of up to 64.3% of Supermarket Grocery Supplies (SGS) and its sole control over Innovative Retail Concepts (IRC), the company that runs BigBasket

Court verdict likely tomorrow on WhatsApp, Facebook pleas against CCI order

The Delhi High Court is likely to pronounce verdict on Thursday on pleas by social media platforms Facebook and WhatsApp challenging competition regulator CCI's order

Ordered probe of WhatsApp policy on competition aspect: CCI to HC

The new privacy policy of WhatsApp would lead to excessive data collection and "stalking" of consumers for targeted advertising to bring in more users: CCI

CCI orders detailed investigation into WhatsApp's new privacy policy

Fair trade regulator CCI on Wednesday directed its investigation arm to conduct a probe into WhatsApp's updated privacy policy

Amazon and Cloudtail, Appario related as preferred sellers: CCI lawyer

Big e-commerce firms selling their own private labelled brands and inventory at discounts, High Court told

DPIIT to meet trade unions, industry groups on FDI in e-commerce

Officials are likely to meet over a dozen e-commerce companies

CCI approves acquisition of Varian Medical Systems by Siemens Healthineers

The Competition Commission of India (CCI) on Wednesday said it has given nod to acquisition of 100 per cent shares and sole control of Varian Medical Systems by Siemens Healthineers. As per a combination notice filed with the regulator, the transaction relates to the acquisition of 100 per cent shares of common stock and sole control of Varian by Siemens Healthineers Holding I GmbH, which is a wholly-owned subsidiary of Siemens Healthineers AG. The proposed transaction will bring together Siemens Healthineers' imaging equipment and Varian's oncology treatment solutions, allowing for a more innovative, efficient and comprehensive oncology solutions provider, the notice said. It will benefit cancer patients with improved treatments with the goal of ultimately turning cancer into a manageable disease, which is the driving rationale for the proposed transaction, it added. "Commission approves acquisition of 100% shares & sole control of Varian Medical Systems by Siemens Healthineers,"

CCI approves Flipkart's 7.8% acquisition of Aditya Birla Fashion and Retail

On completion of this transaction, Aditya Birla Fashion would have successfully executed a capital raise of Rs 2,500 crore since April 1, 2020

CCI dismisses case of alleged cartelisation by 2 bidders in AIIMS tender

The Competition Commission of India (CCI) has dismissed a case of alleged cartelisation by Romsons Scientific & Surgical Industrial Pvt Ltd and BSN Medical Pvt Ltd and some of their officials. The regulator had directed the director general (DG) to carry out an investigation after the matter originated from a complaint alleging cartelisation by the firms in respect of a tender invited by AIIMS in 2016. The DG after taking into consideration the submissions of the parties, concluded that different parties, at different geographical locations with different cost of production and profit margins quoting identical rates, independently, would be too much of coincidence, which is difficult to believe. Accordingly, the DG concluded that the firms colluded and acted in contravention of provisions of the Competition Act. However, the CCI said that there is no evidence of any communications or meetings having taken place between the opposite parties (OPs) or any other arrangement indicating