Competition Commission Of India News
CCI penalises 7 firms guilty of bid-rigging in Indian Railways tenders
The CCI cited regular e-mail communications between the parties and filing of bids from the same IP addresses by certain parties etc. as pieces of evidence.
1 min read9 Jun 2022CCI orders investigation into Apple’s business practices in India
The antitrust body is of initial view that Apple has ‘violated’ country’s anti-trust law.
1 min read1 Jan 2022CCI imposes ₹202 cr penalty on Amazon; keeps 2019 deal with Future group arm in abeyance
Amazon has allegedly failed to notify certain shareholder agreements and commercial arrangements involving Future Group as part of the combination between the parties, and allegedly supressed the actual purpose and particulars of the combination: CCI
2 min read17 Dec 2021Big blow to Amazon, Flipkart! High court dismisses plea to quash antitrust probe
The Competition Commission of India (CCI) announced its investigation in January 2020 after a trader group’s complaint accused the firms of promoting some ’preferred sellers’ and hurting business for smaller sellers
1 min read11 Jun 2021Prestige group agrees to sell certain office, retail assets and 2 hotels to Blackstone for ₹12K cr
Prestige group will utilise the fund raised through this monetisation to partly retire its debt and future expansion.US-based Blackstone has invested around $8 billion in Indian real estate
1 min read18 Oct 2020E-tailers must solve complaints, ease returns under new law
The e-commerce rules will be notified before the end of this week, a consumer affairs ministry official saidE-commerce companies must also compulsorily display ‘country of origin’ on their products
3 min read21 Jul 2020Carlyle unit to take 25% stake in Airtel’s data centre business for $235 million
Nxtra offers secure data centre services to leading Indian and global enterprises, hyperscalers, startups, SMEsThe post-money enterprise valuation of Nxtra will stand at approximately $1.2 billion
1 min read1 Jul 2020Competition Commission of India to get more teeth to regulate tech M&As
The Competition Amendment Bill, 2020, aims to give faster clearance to M&As and fill certain gaps in the statuteThe regulator may also see changes in its structure and functioning to ensure fair practices when it comes to scrutinising business processes
1 min read22 Feb 2020GMR-Groupe ADP deal for airport business gets Competition Commission nod
GMR Infra Services is an operating and holding company. Its primary business is to hold shares in GAL, according to the noticeA GMR group spokesperson confirmed that the deal with Tatas has been called off
2 min read21 Feb 2020CCI approves acquisition of WABCO Holdings by ZF Friedrichshafen AG
As per a combination notice filed with the CCI, ZF will acquire 100% shares in WABCOWABCO India Ltd in March 2019 said that WABCO Holdings Inc has entered into a definitive merger agreement with ZF Friedrichshafen AG
1 min read17 Feb 2020Popular Topics
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