The Competition Commission of India (CCI) has approved the proposed combination involving the acquisition of up to 100 per cent shareholding in Sahyadri Hospitals Private Limited by Manipal Hospitals Private Limited, marking a significant development in India’s healthcare sector, the official release confirmed. According to the official statement, the transaction involves Manipal Hospitals Private Limited (the…
Google on Sunday said it is reviewing the Competition Commission of India (CCI) orders into its conduct in the online display advertising market. The trade regulator ordered a thorough probe over a complaint filed by the Alliance of Digital India Foundation (ADIF). The CCI said it has decided to club the complaint with ongoing investigations…
In a significant development in the Indian paints industry, Grasim Industries’ paints division — Birla Opus Paints — has lodged a formal complaint with the Competition Commission of India (CCI) against Asian Paints, India’s largest paint manufacturer. The complaint alleges that Asian Paints has been engaging in anti-competitive practices and misusing its dominant market position…
The Competition Commission of India (CCI) on Tuesday approved the proposed acquisition of up to 9.99 per cent of the paid-up share capital of IDFC First Bank by Current Sea Investments BV. The transaction involves Currant Sea Investments B.V. subscribing to 81,26,94,722 compulsorily convertible cumulative preference shares (CCPS) of IDFC First Bank. This will result…