CCI has approved Bayer's proposed USD 66 billion acquisition of US-based biotech firm Monsanto, subject to certain modifications to the long-pending deal.
CAIT said it will move fair trade regulator CCI to file objections on the proposed Walmart-Flipkart deal, claiming that the agreement would lead to an uneven playing field and massive job losses.
The government has begun a search process to find the next chairperson of fair trade regulator Competition Commission of India (CCI) after the end of the tenure of incumbent D K Sikri later this year.
Alphabet Inc’s Google has said an Indian antitrust ruling that found it was guilty of search bias could cause “irreparable” harm and reputational loss to the company.
Flipkart India has halved its standalone losses to Rs 244.7 crore during the 2016-17 fiscal from Rs 544.5 crore in the previous year, according to regulatory documents.
Metals and mining giant Vedanta Ltd today said it has got the go-ahead from fair trade watchdog CCI to acquire the bankrupt Electrosteel Steels Ltd.
CCI plans to assess algorithms used by domestic airlines for ticket pricing to check for possible cartelisation, an official said amid instances of sharp fluctuations in airfares during peak demand.
The Cotton Association of India (CAI) has retained its April estimate of the cotton crop for the season 2017-18, at 360 lakh bales of 170 kgs each, but has revised state output figures.
The court said its March 15, 2016 interim order in Maruti's plea "is made absolute" till the division bench finally decides the issue.
Bharti Infratel and Indus are likely to invest Rs 3,500 cr in operations as capital expenditure for 2018-19 as they continue to operate on 'business-as-usual' mode till their merger happens.
To Consider Fund Raising Via Shares, Bonds On May 24
Adani-Wilmar JV Competes Patanjali To Buy Entire Stake Of Co
Deal Valued At Around Rs 5,000 Cr
Economic Times Reports
Fortis Faces MCA Probe ahead of EGM
Director General to look into mismanagement charges
3 Directors nominated by promoters to quit the Board on May 22
Govt may take over the co if mismanagement reported
Business Standard Reports
Bharti's Cedar Svcs May Sell Stake Of 9.23% In Future Retail & Ent
Deal Size Valued At Rs 2,500 Cr
Economic Times Reports
Acquires Foodworld Supermarkets At Rs 40 Cr
Foodworld OSouthern India
Expects acquisition to be completed within 10-12 weeks