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Renault To Acquire Remaining 51 Pc Stake In Renault-Nissan Automotive India, CCI Approves Proposal
Renault acquires the remaining 51% stake in the Indian JV, gains full ownership of the Chennai manufacturing facility.
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Adani Group Seeks Competition Commission's Nod To Acquire Jaiprakash Associates
Billionaire Gautam Adani-promoted Adani group on Tuesday sought approval from the Competition Commission of India (CCI) to acquire Jaiprakash Associates Ltd.
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Mahindras ₹555 Crore Bid for 59% SML Isuzu Stake Cleared by CCI
"CCI approves the proposed combination involving acquisition of SML Isuzu Ltd by Mahindra and Mahindra Ltd," the regulator said in a post on X.
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Google Settles India's Antitrust Probe in Android TV Case
The Competition Commission of India (CCI) has approved the settlement proposal of Alphabet's Google in the Android TV case. Google has proposed a standalone license for its Play Store and Play Services for Android smart TVs in the country instead of bundling the services.
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Reliance and Disney Complete Merger to Create a Rs. 70,352 Crore Joint Venture
Reliance Industries Limited announced the completion of a merger with the India business of global media house Walt Disney on Thursday. With this, Viacom 18 Media Private Limited, Reliance Industries Limited, and The Walt Disney Company announced the formation of a joint venture. The joint venture was formed after the approval by the National Compa...
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NCLT Approves Merger of Viacom 18, Star India After CCI Nod
The National Company Law Tribunal (NCLT) on Friday approved a merger scheme that will allow Viacom 18 Media with Star India. The merger of Reliance Industries and The Walt Disney Co's media assets was approved earlier this week by the Competition Commission of India and will create the country's largest media empire.
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Reliance, Disney Said to Seek CCI Nod With Cricket Rights Assurance
Reliance and Disney are said to have asked the Competition Commission of India (CCI) to approve their $8.5 billion media merger by arguing their combined power will not hit advertisers. The deal will result in the creation of India's biggest entertainment player with 120 TV channels and two streaming services, and is expected to face intense scruti...
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Competition Body CCI Approves Air India-Vistara Merger
The Competition Commission of India (CCI) on Friday approved the proposed merger of Air India and Vistara subject to certain conditions.
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Pak Minister Says General Elections Can Be Delayed Until March Next Year
Interior Minister Rana Sanaullah said the general elections in the country can be delayed until March next year after the Council of Common Interests (CCI) approved the new census
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Prosus NV Terminates $4.7 Billion Deal to Acquire BillDesk Days After CCI Approval
Technology investor Prosus NV has "terminated" a $4.7 billion deal to buy payments platform BillDesk, it said on Monday, adding that conditions had not been met. Prosus announced plans to buy BillDesk in August 2021, saying it would complement its PayU business and strengthen its presence in India, one of Prosus's largest markets.
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PayU India Receives CCI Approval for 100 Percent Acquisition of BillDesk
PayU India payments has received the Competition Commission of India (CCI) approval for the acquisition of 100 percent equity of indiaideas.com (BillDesk). The announcement for acquiring digital payments provider BillDesk at $4.7 billion (about Rs 34,400 crore) initially came from Prosus NV-backed PayU in August last year.
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Bharti Airtel Allots 1.2 Percent Equity Shares to Google for $700 Million
Telecom operator Bharti Airtel on Thursday said it has allotted over 7.1 crore equity shares to internet major Google for Rs. 730Â apiece. The allotment is part of Google's commitment to invest $1 billion (nearly Rs. 8,000 crore) with Airtel, which included equity investment in the company worth $700 million (nearly Rs. 5,600 crore), Airtel said in...
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Google-Bharti Airtel Deal Gets Approval From CCI for Up to $1 Billion Investment
The Competition Commission of India (CCI) has approved Google's proposed acquisition of a minority stake in telecom major Bharti Airtel. Earlier in January this year, Google announced its plan to invest up to $1 billion (roughly Rs. 7,510 crore) in Airtel in a move that could help bolster the Indian telecom operator's digital offerings, the compani...
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Amazon's Battle With Reliance for India Retail Supremacy Became a Legal Jungle: Here’s How
Amazon and India's Future Group have been locked in a complex legal stand-off that has stalled Future's $3.4-billion (roughly Rs. 24,700 crore) sale of assets to the US firm's rival Reliance Industries — with no end in sight.
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Amazon Said to File New Legal Challenges in Dispute With Future Group Over Reliance Deal
Amazon is said to have filed a new legal challenge in its bitter dispute with Future Group after the Competition Commission of India suspended its approval of Amazon's 2019 deal with Future, denting the US e-commerce giant's attempts to block the sale of Future's retail assets to Reliance.
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Renault To Acquire Remaining 51 Pc Stake In Renault-Nissan Automotive India, CCI Approves Proposal
Renault acquires the remaining 51% stake in the Indian JV, gains full ownership of the Chennai manufacturing facility.
-
Adani Group Seeks Competition Commission's Nod To Acquire Jaiprakash Associates
Billionaire Gautam Adani-promoted Adani group on Tuesday sought approval from the Competition Commission of India (CCI) to acquire Jaiprakash Associates Ltd.
-
Mahindras ₹555 Crore Bid for 59% SML Isuzu Stake Cleared by CCI
"CCI approves the proposed combination involving acquisition of SML Isuzu Ltd by Mahindra and Mahindra Ltd," the regulator said in a post on X.
-
Google Settles India's Antitrust Probe in Android TV Case
The Competition Commission of India (CCI) has approved the settlement proposal of Alphabet's Google in the Android TV case. Google has proposed a standalone license for its Play Store and Play Services for Android smart TVs in the country instead of bundling the services.
-
Reliance and Disney Complete Merger to Create a Rs. 70,352 Crore Joint Venture
Reliance Industries Limited announced the completion of a merger with the India business of global media house Walt Disney on Thursday. With this, Viacom 18 Media Private Limited, Reliance Industries Limited, and The Walt Disney Company announced the formation of a joint venture. The joint venture was formed after the approval by the National Compa...
-
NCLT Approves Merger of Viacom 18, Star India After CCI Nod
The National Company Law Tribunal (NCLT) on Friday approved a merger scheme that will allow Viacom 18 Media with Star India. The merger of Reliance Industries and The Walt Disney Co's media assets was approved earlier this week by the Competition Commission of India and will create the country's largest media empire.
-
Reliance, Disney Said to Seek CCI Nod With Cricket Rights Assurance
Reliance and Disney are said to have asked the Competition Commission of India (CCI) to approve their $8.5 billion media merger by arguing their combined power will not hit advertisers. The deal will result in the creation of India's biggest entertainment player with 120 TV channels and two streaming services, and is expected to face intense scruti...
-
Competition Body CCI Approves Air India-Vistara Merger
The Competition Commission of India (CCI) on Friday approved the proposed merger of Air India and Vistara subject to certain conditions.
-
Pak Minister Says General Elections Can Be Delayed Until March Next Year
Interior Minister Rana Sanaullah said the general elections in the country can be delayed until March next year after the Council of Common Interests (CCI) approved the new census
-
Prosus NV Terminates $4.7 Billion Deal to Acquire BillDesk Days After CCI Approval
Technology investor Prosus NV has "terminated" a $4.7 billion deal to buy payments platform BillDesk, it said on Monday, adding that conditions had not been met. Prosus announced plans to buy BillDesk in August 2021, saying it would complement its PayU business and strengthen its presence in India, one of Prosus's largest markets.
-
PayU India Receives CCI Approval for 100 Percent Acquisition of BillDesk
PayU India payments has received the Competition Commission of India (CCI) approval for the acquisition of 100 percent equity of indiaideas.com (BillDesk). The announcement for acquiring digital payments provider BillDesk at $4.7 billion (about Rs 34,400 crore) initially came from Prosus NV-backed PayU in August last year.
-
Bharti Airtel Allots 1.2 Percent Equity Shares to Google for $700 Million
Telecom operator Bharti Airtel on Thursday said it has allotted over 7.1 crore equity shares to internet major Google for Rs. 730Â apiece. The allotment is part of Google's commitment to invest $1 billion (nearly Rs. 8,000 crore) with Airtel, which included equity investment in the company worth $700 million (nearly Rs. 5,600 crore), Airtel said in...
-
Google-Bharti Airtel Deal Gets Approval From CCI for Up to $1 Billion Investment
The Competition Commission of India (CCI) has approved Google's proposed acquisition of a minority stake in telecom major Bharti Airtel. Earlier in January this year, Google announced its plan to invest up to $1 billion (roughly Rs. 7,510 crore) in Airtel in a move that could help bolster the Indian telecom operator's digital offerings, the compani...
-
Amazon's Battle With Reliance for India Retail Supremacy Became a Legal Jungle: Here’s How
Amazon and India's Future Group have been locked in a complex legal stand-off that has stalled Future's $3.4-billion (roughly Rs. 24,700 crore) sale of assets to the US firm's rival Reliance Industries — with no end in sight.
-
Amazon Said to File New Legal Challenges in Dispute With Future Group Over Reliance Deal
Amazon is said to have filed a new legal challenge in its bitter dispute with Future Group after the Competition Commission of India suspended its approval of Amazon's 2019 deal with Future, denting the US e-commerce giant's attempts to block the sale of Future's retail assets to Reliance.
