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Competition Commission of India (CCI) News
Competition Commission of India (CCI)
Imola Acquisition Corporation gets CCI's nod for 100 per cent acquisition in Ingram Micro Inc
Mon, May 10, 2021
The Competition Commission of India (CCI) has approved proposed acquisition of 100% shareholding and sole control of Ingram Micro Inc. by Imola Acquisition Corporation, said Ministry of Corporate Affairs in a statement on Monday.
CONFIRMED! CCI approves acquisition of General Insurance Business of Bharti AXA by ICICI Lombard
Mon, Nov 02, 2020
Detailed order of the Commission will follow, as per Ministry of Corporate Affairs.
Anti-trust probe of Google ordered in India for alleged Android mobile OS abuse - sources
Fri, May 10, 2019
India's antitrust watchdog has ordered an investigation into Alphabet Inc`s unit Google for alleged abuse of its popular Android mobile operating system to block rivals.
Sebi seeks powers to grant immunity, impose lesser penalty in lieu of assistance in probe
Sun, Mar 10, 2019
Also, the penalty cannot be reduced in cases where the disclosure is made after receipt of report of inspection, inquiry, audit or investigation. In cases where the informant stops cooperating with the regulator before completion of the proceedings would also not qualify for the leniency.
Effective competition important for fostering innovation: CEA
Fri, Mar 01, 2019
Therefore, competition policy in the context of innovation becomes really critical," he said at a lecture organised by Competition Commission of India (CII) here.
Relief for DLF: CCI dismisses two complaints against realty major
Sun, Sep 02, 2018
For the cases, the Competition Commission of India (CCI) considered the market for 'provision of services for development and sale of residential apartments/ flats in Gurgaon' as the relevant one.
CCI approves Teleperformance's $1 bn acquisition of Intelenet
Tue, Aug 14, 2018
According to the notice submitted to the regulator, the transaction relates to the acquisition of 100 per cent of the equity share capital of Intelenet BPO Holdings as well as Intelenet Global Services by DCC and Indian SubCo from Indianet Bidco.
Theft of valuables kept in your lockers are not bank's responsibility
Mon, Jun 26, 2017
As per the report, the lawyer quoted the clause by 19 banks which also included Bank of India, Oriental Bank of Commerce, Punjab National Bank, UCO and Canara, among others, stating, "the relationship they have with customers with regard to lockers is that of lessee (landlord) and lessor (tenant)".
Competition Commission imposes Rs 591 crore penalty on Coal India
Sat, Mar 25, 2017
"CCI has imposed a penalty of Rs 591.01 crore upon CIL for the abusive conduct," it said.
CCI rejects complaint against BookMyShow.Com
Sun, Mar 19, 2017
Big Tree Entertainment is the only distributor for Vista box office software in India, as per the CCI order.
Reliance Jio drags Airtel, Vodafone, Idea to CCI
Mon, Nov 28, 2016
Reliance Jio told Competition Commission that Airtel, Vodafone, Idea throttling its entry in telecom sector by forming cartel.
CCI slaps fine of nearly Rs 73 crore on Lupin; Stock down 0.76%
Tue, Aug 02, 2016
CCI has imposed monetary penalty of nearly Rs 73 crore on pharma company Lupin for allegedly refusing to supply drugs to M/s Maruti & Co., in Karnataka state on account of non-possession of NOC from Karnataka Chemists and Druggist Association (KCDA).
CCI approves McNally Bharat-Kilburn deal
Thu, Jun 16, 2016
Fair trade regulator CCI has approved the proposed amalgamation of McNally Bharat, its subsidiary McNally Sayaji Engineering and EMC Ltd with Kilburn Engineering. McNally Bharat is mainly into turnkey projects across diverse sectors and holds over 74 % stake in McNally Sayaji.
Absence of pro-competition policy promotes crony capitalism: Arun Jaitley
Sat, May 21, 2016
Citing an example of Russia, he said, the country went in for a lot of privatisation without emphasis on pro-competition resulting in the creation of oligarchs.
CCI approves PVR-DT Cinemas' Rs 500 crore deal, asks to exclude certain assets
Sat, May 07, 2016
In a regulatory filing, DLF said now, the deal will exclude seven screens in Saket and Greater Kailash in South Delhi.
Ultratech Cement's Q4 net rises 10% to Rs 723 crore
Tue, Apr 26, 2016
The flagship firm of the Aditya Birla Group had clocked a net profit of Rs 657.20 crore in the year-ago period.