Coal scam: government agrees to let CBI question former coal secretary HC Gupta
Edited by Prasad Sanyal | Wednesday June 12, 2013
The government, seared by the scandal referred to as "Coal-Gate", has permitted the CBI to question senior bureaucrat HC Gupta, who headed the committee that allocated mining rights to private firms through a process that allegedly cost the country...
Regulators seek clarity on Jet-Etihad deal, may suggest changes
Thursday May 23, 2013
Separate clarifications have been sought on the deal, which involves a 24 per cent stake purchase in Jet by Etihad and is the first investment by a foreign carrier in an Indian airline, by capital markets regulator Sebi (Securities and Exchange Board...
Competition Commission looking into Jet-Etihad deal
Wednesday May 22, 2013
The Competition Commission of India (CCI) has received an application seeking approval for the proposed Jet-Etihad transaction.
Competition watchdog starts probe into alleged petrol cartelisation
Tuesday May 21, 2013
The Director General, the investigation arm of the Competition Commission of India (CCI), is probing the issue.
UltraTech, Ambuja, 9 other cement firms asked to pay Rs 630 crore in penalty
Friday May 17, 2013
The Competition Appellate Tribunal (COMPAT) has asked 11 cement companies, which were together asked to pay a penalty of Rs 6,000 crore by the Competition Commission of India in June 2012, to pay Rs 630 crore or as penalties within the next four week...
Competition Commission clears Dell buyout proposal
Thursday April 18, 2013
The Competition Commission of India (CCI) has approved a proposed buyout of US-based global computing giant Dell Inc by its founder and chief Michael Dell, saying the deal will not impact competitive landscape in the Indian market.
Government eases competition norms for speedier M&A clearances
Friday April 5, 2013
In a significant move aimed at fast tracking clearances for mergers and acquisitions (M&A), the government said on Friday that it has relaxed norms for seeking approval from fair trade regulator Competition Commission.
Competition Commission gives nod to Denso-Pricol joint venture
Thursday March 28, 2013
Fair trade regulator Competition Commission of India (CCI) has approved Japan's auto component maker Denso Corporation's proposed joint venture with Pricol Ltd, saying the deal would not have an adverse impact on competition.
Management control of new Kolkata, Chennai airports may be given to global operators
Tuesday March 26, 2013
Government is considering giving the management control of the new Kolkata and Chennai airports, built by the Airports Authority of India (AAI), to global operators through a competitive bidding process.
Goa Government ready for auctioning of mining leases
Press Trust of India | Tuesday March 26, 2013
Facing adverse impact of a ban on mining in the State, the Goa Government has told the Supreme Court it was willing to introduce competitive auctioning of mining leases subject to legal permission for the same.
Avoid joint bids to prevent rigging in public procurement: CCI
Saturday March 16, 2013
Fair trade regulator Competition Commission of India has suggested that avoiding joint bids and sub-contracting of awarded works could help in preventing bid-rigging activities in public procurement system.
Pantaloon Retail selling 22.5 per cent stake in Future Generali
Friday March 8, 2013
Pantaloon Retail, the country's top listed retailer by sales and part of the Future Group, has entered into an agreement to offload 22.5 per cent stake in Future Generali for an undisclosed amount. The stake will be picked by non-banking financial co...
United Spirits and Diageo deal have received all regulatory approvals: Vijay Mallya
Tuesday March 5, 2013
Liquor baron Vijay Mallya today said United Spirits and Diageo Plc have received all regulatory approvals for their Rs 11,166.5 crore deal under which the Indian spirits maker will sell 53.4 per cent to the UK-based firm.
Competition Commission approves United Spirits-Diageo deal
Thursday February 28, 2013
Fair trade regulator Competition Commission of India (CCI) today approved the Rs. 11,166 crore takeover of United Spirits by UK-based liquor major Diageo.
Sterlite Copper lines up Rs 3,300 crore investments in next two years
Friday February 22, 2013
Vedanta Group company Sterlite Copper has lined up investments of about Rs 3,300 crore over the next two years which includes expansion of copper smelter and power plants at Tuticorin in Tamil Nadu and setting up a new desalination plant in the regio...
