CCI
FMCG
Hindustan Unilever seeks CCI clearance to acquire Minimalist
PTI -
HUL proposes to acquire 90.5 per cent shareholding of Minimalist with eventual acquisition of the remaining 9.5 per cent shareholding of the target in about two years from the completion date New Delhi: FMCG major Hindustan Unilever Ltd has sought...
E-Commerce
CCI probe order on Amazon, Flipkart: SC transfers all pending cases to Karnataka HC
PTI -
The CCI's probe order came after a complaint by the Delhi Vyapar Mahasang, whose members comprise many traders of smartphones and related accessoriesNew Delhi: The Supreme Court on Monday transferred to Karnataka High Court petitions of Amazon and Flipkart,...
Latest News
Competition Comm to conduct detailed study on AI; invites proposals from entities
PTI -
The study will focus on AI's its impact on competition that will cover various aspects, including the ways AI-driven personalised recommendations, services and pricing influence consumer choicesNew Delhi: Fair trade watchdog CCI on Monday invited request for proposals from...
Spotlight
Competition Comm can now impose fines based on companies’ global turnover
PTI -
The amendment empowers the CCI to impose a penalty on the global turnover of a company derived from all the products and servicesNew Delhi: Fair trade regulator Competition Commission can now impose penalties on companies based on their global...
Mergers & Acquisitions
CCI clears Reliance Retail’s acquisition of Metro Cash & Carry India
PTI -
The fair trade regulator has also given its nod for the acquisition of 100 per cent of equity share capital of L&T Infrastructure Development Projects Ltd and Kudgi Transmission Ltd, by Epic Concesiones Pvt Ltd and Infrastructure Yield Plus...
In Focus
CCI approves acquisition of commercial real estate assets by Nexus Select Trust
PTI -
The proposed transaction involves the direct acquisition of 100% shareholding of 15 entities and indirect acquisition of 100% shareholding of two entities New Delhi: Competition Commission of India on Monday approved the acquisition of commercial real estate assets by Nexus Select...
Retail
Traders’ body to move court against CCI nod for Walmart-Flipkart deal
IANS -
Fair trade watchdog Competition Commission of India (CCI) has approved the acquisition of e-commerce major Flipkart by Wal-Mart International Holdings.However, a traders' body said that it will move the court against the approval."@CCI_India approves proposed acquisition of Flipkart Private...
Retail
CAIT approaches competition regulator against Walmart-Flipkart deal
IANS -
The Confederation of All India Traders (CAIT) on Monday said that it has approached the Competition Commission of India (CCI) against the Walmart-Flipkart deal.The confederation's petition to the CCI objected to the deal and said that Walmart "will create...
Retail
Retailers to move CCI against Walmart-Flipkart
Retailers have joined hands to approach fair trade regulator CCI against US $16 billion Walmart-Flipkart deal as they apprehend that the it would lead to massive job loss and be a 'nightmare for retail trade of the country.According to...
Food
Alibaba gets CCI approval to invest in India's BigBasket
Chinese e-commerce major Alibaba has got approval of the Competition Commission of India (CCI) for investing in Indian online grocery platform, BigBasket. The move comes within a month of Alibaba seeking CCI's nod for the same.
According to a CCI notice, Alibaba Singapore...
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Latest News
Gem, jewellery industry welcomes govt move to reduce customs duty on platinum findings
The sector comprises 85-90 per cent of MSMEs and the revision in classification criteria of MSMEs will help them...
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