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Competition Commission of India News
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Competition Commission of India
CCI clears GIC's Rs 9,000 crore deal with DLF's rental arm
Sat, Nov 04, 2017
The Competition Commission has approved Singapore's sovereign wealth fund GIC's plan to acquire 33 per cent stake in DLF Cyber City Developers for Rs 8,900 crore.
Idea Cellular hopes to complete merger with Vodafone India by 2018
Tue, Jul 25, 2017
In May, Idea Cellular and Vodafone India had approached CCI regarding the proposed merger and were awaiting the fair trade regulator's nod in this regard.
Competition Commission of India approves Idea Cellular-Vodafone India merger plans, report says
Mon, Jul 24, 2017
In March, Aditya Birla Group's telecom arm, Idea Cellular had informed the regulatory bodies that its board of directors have approved the merger of Vodafone India and its wholly-owned subsidiary Vodafone Mobile Services with itself.
CCI approves SoftBank's 20% stake acquisition in Paytm's parent One97 Communications
Tue, Jul 18, 2017
CCI has approved stake acquisition by SoftBank in Paytm's parent company - One97 Communications.
Bharti Airtel's deals with Videocon, Aircel approved: CCI
Fri, Jun 30, 2017
Under the deal, Bharti Airtel was to acquire the spectrum of Videocon Telecommunications Ltd (VTL) in six circles. In this regard, both had entered into a definitive agreement last March.
Reliance Jio seeks CCI nod for spectrum sharing with RCom
Tue, Jun 20, 2017
Mukesh Ambani-led Reliance Jio Infocomm has sought CCI approval for the proposed spectrum sharing deal with younger sibling's Reliance Communications.
Competition Commission slaps Rs 87 crore penalty on Hyundai for anti-competitive conduct
Wed, Jun 14, 2017
Govt may approve one more PSU bank consolidation by March
Fri, Jun 09, 2017
Now, the Finance Ministry is looking to replicate the model in the case of other state-run banks so that they reach critical mass to compete with global peers.
Bharti Airtel gets Sebi and Stock Exchanges approval for merger with Telenor
Thu, Jun 01, 2017
Bharti Airtel's merger with Telenor will enhance its foot-print in seven circles and will add up to nearly 52.5 million subscribers in its book. The scheme is filed before NCLT and is subject to other statutory approvals.
CCI approves Aceville's stake acquisition in Flipkart
Tue, May 23, 2017
The Competition Commission of India (CCI) has said on Twitter on Tuesday that it has approved Singapore-based private investment holding company Aceville's acquisition of up to 6.02% stake in Flipkart.
Jio case: CCI seeks probe report on telcos in 2 months
Tue, May 16, 2017
The Competition Commission has directed its investigation arm to complete, in 60 days, the probe against incumbent operators and the industry association for colluding to deny network connectivity to newcomer Reliance Jio.
Tata Sons to seek CCI, tax authorities nod for DoCoMo payout
Wed, May 03, 2017
The other option was Tata purchasing the shares at the fair market value, which was Rs 23.44. However, this was not acceptable to DoCoMo and it had opted for arbitration.
RCom shareholders approve demerger of tower business
Tue, May 02, 2017
RCom, in a BSE filing said, “The shareholders of Reliance Infratel Limited (RITL) – a subsidiary of Reliance Communication at their meeting held on April 29, 2017, have approved with 98% majority the scheme of arrangement for demerger of the tower division of the RITL into Towercom Infrastructure Private Limited (TIPL).”
CCI approves RCom's demerger of tower division
Thu, Mar 23, 2017
RCom said, “CCI has approved the proposed transaction involving the sale of the tower division of Reliance Infratel Limited, a subsidiary of RCom, which is to be carried out pursuant to a demerger of the tower division to Towercom Infrastructure Private Limited (Towerco)."
After Sebi, now CCI gives nod to RCom-Aircel merger
Mon, Mar 20, 2017
RCom said, “The company has received an approval of the CCI for the proposed scheme of arrangement for demerger of wireless division of Rcom into Aircel Limited and Dishnet Wireless Limited (the scheme).”
Competition Commission of India approves Reliance Infrastructure and Dassault Aviation's joint venture
Mon, Feb 06, 2017
This deal is considered as key in execution of offset obligations, as a part of the 36 Rafale fighter Jets purchase agreement worth €7.87 billion, or about Rs.59,000 crore, signed between France and India on September 23, 2016.
Airtel drags Reliance Jio to Competition Commission
Mon, Feb 06, 2017
Media reports stated that Airtel filed a counter complaint accusing Jio of “abusing dominant position” and “predatory pricing” with intention to kill competition.
ACC, Ambuja, Shree Cement to file case against CCI's order
Fri, Jan 20, 2017
On January 19, 2017, CCI penalised seven cement companies including the above mentioned for bid rigging of a tender floated by the Director, Supplies & Disposal, Haryana in the year 2012.
Accused of cartelisation, CCI sends notice to Airtel, Vodafone, Jio, Idea
Thu, Jan 19, 2017
CCI has sought clarification from these telecom companies by Friday January 20, 2017
Trai seeks attorney general's opinion on Jio's tariff plans
Wed, Jan 18, 2017
The regulator had last month asked Jio to explain why the free data offer under the promotional scheme should not be treated as predatory.